Underwriter - Professional & Management Risks

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

Job summary

A leading insurance company in the UK is seeking an Underwriter – PMR/Financial Lines to join their team. This hybrid role requires proven underwriting experience, particularly in Professional Indemnity. Successful candidates will build and maintain relationships with brokers and support the growth of their Financial Lines portfolio. The position offers competitive salary, generous benefits, and opportunities for professional development.

Benefits

Generous quarterly bonus

25 days paid holiday plus Bank Holidays

Fantastic company pension scheme

Private medical and dental cover

Life assurance and travel insurance cover

Qualifications

• Proven ability to win business whilst maintaining underwriting field.
• Experience in an underwriting role with demonstrable technical skills.
• Willingness to learn new systems and processes.

Responsibilities

• Provide and maintain a good level of underwriting.
• Underwrite complex new business within the defined authority.
• Build and maintain strong broker relationships.

Skills

Proven relevant underwriting experience

Professional Indemnity underwriting experience

Building and developing broker relationships

Excellent communication skills

Demonstrable IT skills

Tools

MS Office

CRM systems

Job description

Are you looking to progress your Underwriting career? Do you have Professional Indemnity, Financial Lines, Technology / PMR underwriting experience? What part will you play? 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 realise our potential, we can help others reach theirs. Join us and play your part in something special!

The opportunity:

We have an exciting brand-new opportunity for an Underwriter – PMR/Financial Lines to join the Markel team. The role involves hybrid working and can be based from any of our UK offices across either Manchester, Leeds or Birmingham.

It’s an exciting time to join Markel, and we are investing in Financial Lines Underwriters. The role of the Underwriter is to support growth of our Financial Lines portfolio and to work with our Underwriting and Distribution teams to further enhance our growth plans.

We arrange our business into five channels, with the NMUK Broker Channel the largest and fastest growing of all our UK business areas. Our broker engagement and subsequently pipeline and new business volumes have increased exponentially.

In order to focus on delivering exceptional support and ensure delivery on our growth ambitions, we segment the UK broker population into three categories: strategic, key and development and connect. The Underwriter is required to build and maintain strong broker relationships, and provide excellent service to brokers. They will be required to underwrite complex Professional and Management risks including Technology.

What you’ll be doing:

• Provide and maintain a good level of underwriting, demonstrate a thorough knowledge of company guidelines and authority levels, including the Markel process and procedure guides in order to achieve profitability objectives.
• Underwrite complex new business within the defined underwriting authority working towards agreed financial targets.
• Actively manage and provide an efficient new business service to brokers to maintain good relationships and to achieve best outcome and win business.
• Director to demonstrate our capabilities to ensure Markel is a preferred provider of insurance for PMR.
• Maintain broker data on the CRM system to ensure it is up to date and accurate.
• Work with team to identify and secure prospects and opportunities from your broker panel recording on the CRM system in accordance with the CRM Working Practices guide.
• Promote a coaching and mentoring culture which provides both challenge and support to each team member in the pursuit of a consistent and high quality underwriting service and approach.
• Develop pipeline with partner brokers to drive growth.
• Work closely with internal partners to deliver the right outcomes for allocated brokers and their customers.
• We are looking for challenging, motivated and success oriented individuals who bring expertise and a desire to build a market leading business.

Our must haves:

• Proven relevant underwriting experience in an underwriting role and demonstrable technical skills.
• Professional Indemnity underwriting experience is essential for this role!
• Track record in building and developing broker relationships, achieving targets.
• Have excellent communication skills.
• Demonstrable IT skills including MS Office, Word, PowerPoint & CRM and show willingness to learn our systems.
• Proven ability to win business whilst maintaining underwriting field.

Who we are:

Markel Corporation (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 generous quarterly 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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