Technology Underwriter

Markel Corporation; London; Hybrid; GBP 40,000 - 80,000; Full time

Job summary

An established industry player is seeking a Technology Underwriter to enhance its presence in the Tech sector. This exciting role involves underwriting technology product lines and fostering strong broker relationships. You will work collaboratively with claims colleagues and engage proactively with customers to elevate the overall experience. With a focus on innovation and strategic development, this position offers a chance to make a meaningful impact within a global community of problem-solvers. If you are passionate about technology and eager to drive change, this opportunity is perfect for you.

Benefits

Annual Bonus

25 Days Paid Holiday

Company Pension Scheme

Private Medical and Dental Cover

Life Assurance

Travel Insurance Cover

Income Protection

Season Ticket Loan

Qualifications

• Experience in underwriting or broking within Technology and cyber lines.
• Strong technical knowledge and relationships within the Technology market.

Responsibilities

• Underwrite relevant lines of business to meet targets within business plan parameters.
• Develop strong broker relationships and provide thought leadership.

Skills

Underwriting

Broker Relationship Management

Technical Knowledge in Technology and Cyber

Collaborative Work

Product Innovation

Proactive Approach

Job description

We are looking for a Technology Underwriter to join our growing team!

If you’re looking for a place where you can make a meaningful difference, you’ve found it. The work we do at Markel gives people the confidence to move forward and seize opportunities, and you’ll find your fit amongst our global community of optimists and problem-solvers. We’re always pushing each other to go further because we believe that when we realize our potential, we can help others reach theirs.

The opportunity:

This role involves underwriting relevant lines of business to meet agreed targets within business plan parameters. The focus is on Technology product lines, primarily PI Cyber, and offering a full tech package to mid-market customers. The ideal candidate will elevate Markel's profile in the Tech sector, developing strong broker relationships and providing thought leadership. Responsibilities include collaborative work with claims colleagues, product innovation, and proactive customer engagement to enhance the overall customer experience.

What we ask of you:

• Raise Markel's profile in the Technology sector and develop strong broker relationships.
• Create and provide thought leadership for the Tech Team.
• Collaborate with claims colleagues on broker and customer meetings to improve business development opportunities.
• Challenge wordings/clauses, lead in navigating the complexities of drafting & amending wordings/clauses, and highlight concerns to Tech team lead and wordings team.
• Innovate within the product suite, providing input into the creation of new products and refining existing ones.
• Develop and manage key Tech-specific broker relationships and influence brokers to advance Markel's interests.
• Identify new distribution and Delegated/Coverholder opportunities and implement them where appropriate.
• Manage your own renewal book of business in line with appetite and strategy, including combined ratio targets.
• Actively market and promote Markel and our Tech offering in the insurance market.
• Review and underwriting of new and renewal risks using technical rating model.
• Work collegiately with Markel Tech PI & Cyber team to ensure appetite and objectives are aligned.

What you will bring to the role:

• Experience underwriting or broking within Technology and cyber lines.
• Strong technical knowledge within Technology and Cyber lines.
• Excellent relationships within the Technology market across a range of brokers.
• Demonstrate a collegiate mentality and be able to work within a team of Underwriters.
• Demonstrate a proactive and entrepreneurial approach.

Who we are:

The Professional & Financial Risks (PFR) team specializes in international and UK-domiciled business, offering coverage up to £10m/€15m/$20m per risk. The team includes three business lines: Cyber & Technology, Management Liability, and Financial Institutions. They provide excellent service through expert underwriters, focusing on Technology product lines like PI Cyber and a new tech package for mid-market customers.

Markel Group (NYSE – MKL) is a Fortune 500 company with over 60 offices in 20+ countries, a holding company for insurance, reinsurance, specialist advisory, and investment operations around the world.

What’s in it for you?

• A great starting salary plus annual bonus & strong benefits package.
• 25 days paid holiday plus Bank Holidays, with the opportunity to buy/sell extra leave.
• Fantastic company pension scheme, private medical and dental cover, life assurance, travel insurance cover, income protection, season ticket loan as well as other great benefits on offer.
• Countless opportunities to learn new skills and develop in your career with the necessary support.

Are you ready to play your part?

Choose ‘Apply Now’ to fill out our short application, so that we can find out more about you.

Markel celebrates the value of a diverse workforce that brings experience and expertise from a wide variety of backgrounds and life circumstances. Whatever your background, if you feel you meet the requirements of this role, we want to hear from you. We are also happy to consider candidates who are looking for flexible working patterns.

We are an equal opportunity employer and value diversity at our company. We do not discriminate on the basis of race, religion, colour, national origin, sex, gender, gender expression, sexual orientation, age, marital status, veteran status, or disability status.

We will ensure that individuals with disabilities are provided with all reasonable accommodations to participate in the job application or interview process and to perform essential job functions if successful. Please contact us via email at [e-mail] or call us at 0161 507 5827 to request any accommodations that may be needed.

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