Underwriter - Construction & Engineering

Markel; London; Hybrid; GBP 40,000 - 60,000; Full time

Job summary

A global insurance leader in London seeks an Underwriter for their Construction & Engineering team. You will develop underwriting business, collaborate with brokers, and support strategic planning. The ideal candidate possesses strong communication skills and underwriting experience. A competitive salary, benefits package, and opportunities for professional development are offered.

Benefits

Annual bonus

25 days paid holiday

Fantastic company pension scheme

Private medical and dental cover

Qualifications

• Experience in underwriting and risk selection.
• Strong ability to communicate effectively with various stakeholders.
• Demonstrated expertise in insurance and construction areas.

Responsibilities

• Develop a book of underwriting business in the Construction & Engineering team.
• Build strong relationships with brokers to access new business.
• Assist in preparing business plans and managing a profitable book.

Skills

Risk assessment

Relationship building

Analytical thinking

Communication skills

Job description

We are looking for an individual to support underwriters in risk selection, perform technology reviews, advise on risk mitigation and collaborate to support and develop the Engineering and Construction division.

We’re all about people | We win together | We strive for better | We enjoy the everyday | We think further

Who we are:

The newly-formed Construction & Engineering team will write a broad portfolio of single project and annually renewing construction risks across a broad range of industries including but not limited to the oil, gas and petrochemical industries, power generation and other industrial / commercial risks on a world-wide basis. We will also look for involvement in residential and civil projects to balance the portfolio.

We are committed to technical underwriting and support our decision making with engineering expertise. Our customers are the most valuable stakeholders in the value chain, we work closely with our claims team to deliver the best possible experience. A great emphasis is placed on long term partnerships with both brokers and assureds. We pride ourselves on a collaborative team mentality and have a strong support structure in place to help all associates achieve their goals. We are an established leader in our selected segments and target leadership across our full offering. We write business on both Syndicate 3000 paper at Lloyd’s and through MISE (Europe) and Markel International Insurance Company Limited.

What you’ll be doing:

• Develop a book of both open market and delegated underwriting authority business in the newly formed Construction & Engineering team.
• Develop distribution to access new business for Markel, working closely with the Distribution Strategies and Business Development team as appropriate
• Promote collaboration with other Markel offices to advance the adoption of best practice across the business
• To assist the underwriting and management team with preparation of business plans and Management Information to manage a profitable book of business.
• Act as advocate for Markel and the Construction & Engineering product line and communicate regularly with underwriters and divisional management as the need arises.
• To undertake domestic and international travel when appropriate.
• Business planning: Involvement with business planning process as required
• Marketing / broker development: Responsible for building and maintaining excellent relationships with their targeted brokers and involvement in marketing initiatives as required
• Product development
• Underwriting standards: Ensure that underwriting standards and procedures are complied with for their line and that all data input and systems are in line with agreed procedures for their team

Who we are:

Markel Group (NYSE – MKL) a Fortune 500 company with over 60 offices in 20+ countries, is 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
• There are countless opportunities to learn new skills and develop in your career, and we can provide the support needed to do just that!

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 then 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 be able 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. This includes any alternative formats of any documents or information on how to apply offline.

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