Underwriter - Hull & War

Markel Corporation; Greater London; On-site; GBP 70,000 - 110,000; Full time

Benefits offered by this job

Private medical and dental cover

Menopause plan

Emergency care benefit (children/pets/

Income protection

Life assurance

Electric car scheme

Travel insurance

25 days paid holiday + Bank Holidays

Job summary

Markel Corporation is seeking a Hull Underwriter to support and develop its hull and war portfolio within the London Market. You will work with the hull team to implement underwriting strategy, monitor progress and refine data-driven processes.

Responsibilities include portfolio management, risk controls, and international referrals, with travel to broker meetings. Strong analytical skills and knowledge of hull/war insurance are essential.

Qualifications

• Demonstrate strong numerical and analytical ability.
• Detailed understanding of hull and war insurance market.
• Excellent IT skills including Word and Excel.

Responsibilities

• Work with class head and hull team to implement underwriting strategy.
• Champion continuous improvements for end-to-end processes and data.
• Demonstrate disciplined underwriting approach and adherence to guidelines.
• Represent Markel in broker and client meetings; travel as required.
• Provide underwriting support to overseas offices and handle referrals.
• Collaborate on portfolio management and seek business opportunities.

Skills

Hull market knowledge

Numerical analysis

Excel

Communication skills

Underwriting insights

Data analysis

Wording comprehension

Risk management

Claims data analysis

Tools

Microsoft Excel

Microsoft Word

Data warehouse

Job description

The hull team writes a diverse hull and war portfolio on a worldwide basis with particular focus on North America, Northern Europe, the Middle East, and Asia. Products can be tailored to meet requirements of clients, from smaller local / domestic companies to global operations. Markel is a recognised leader of hull and war business with a successful history in the class. The underwriting team is supported by our experienced, in-house claims team. This role is based in the Marine Division with special focus on supporting and developing its role within one London Market. We're all about people | We win together | We strive for better | We enjoy the everyday | We think further

What you'll be doing:

• Work with class head, wider hull team, actuarial and other parts of the business to implement the underwriting strategy and monitor progress and developments
• Champion continuous improvements and continually work with the team to improve end to end process, data and data warehouse
• Confidently and positively demonstrate the discipline of our chosen underwriting approach
• Positively contribute towards the team’s underwriting strategy and diligently adhere to it at all times
• Regular broker and client meetings and travel to represent Markel as required by class head
• Apply appropriate underwriting practices including authority and guidelines control
• Apply appropriate risk management practices including aggregations and guideline controls and any measures required to limit Markel’s exposure
• Providing underwriting support to overseas offices and handling of referral approvals
• Work with class head and senior underwriters on portfolio management
• Actively seek business opportunities in accordance with plan
• Ownership or assistance in completing project work

Key Skills:

• Have a detailed understanding of the hull and war insurance market
• Demonstrate strong numerical and analytical ability
• Excellent IT skills including Microsoft Word and Excel
• Have excellent communication skills
• Underwriting Insights and Risk Acceptance
• Underwriting Data Analysis
• Actuarial Concepts
• Claims Service and Data Analysis
• Wording Comprehension and Improvement

What's in it for you:

A great starting salary plus annual bonus & strong benefits package... Up to 16% company pension scheme, Private medical and dental cover, Menopause plan, emergency care benefit (children/Pets/dependants) Income protection, Life assurance, electric car scheme, travel insurance 25 days paid holiday plus Bank Holidays, with the opportunity to buy/sell extra leave

As well as other great benefits on offer there are countless opportunities to learn new skills and develop in your career! Are you ready to play your part? 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, reach their full potential and seize opportunities. You'll find your fit amongst our diverse global community of optimists and problem-solvers. We're always pushing each other to think further because we believe that when we strive for better and realise our potential, we can help others reach theirs. Join us and play your part in something special!

We are also happy to consider candidates who are looking for flexible working patterns. We will ensure that individuals are provided with any reasonable accommodations to be able to participate in the job application or interview process and to perform essential job functions if successful.