Underwriter - War and Terrorism

Markel; London; On-site; GBP 100,000 - 125,000; Full time

Job summary

A global leader in insurance and reinsurance is seeking an Underwriter for their War and Terrorism Division in London. The successful candidate will implement underwriting strategies, build broker relationships, and manage risks within a dynamic environment. Ideal for someone with specific underwriting expertise and a proactive attitude. Offers competitive salary, bonus, and strong benefits including comprehensive health coverage and professional growth opportunities.

Benefits

Annual bonus

25 days paid holiday

Fantastic pension scheme

Private medical and dental cover

Qualifications

• Proven track record in setting and meeting objectives.
• Ability to influence peers to buy in.
• Understand and enjoy working in a matrixed environment.

Responsibilities

• Work with underwriters to implement the underwriting strategy.
• Attend regular broker and client meetings.
• Apply appropriate risk management practices.

Skills

Wholesale and retail war and terrorism underwriting expertise

Proven expertise in delivering superior underwriting results

High energy and outstanding communication skills

Strong numerical and analytical ability

Network of London and international distribution channels

Job description

We are looking for candidates with the market presence in the line of business underwritten in order to develop further that line of business within agreed business plan parameters. To adhere to the underwriting authority granted. To focus on delivering the agreed combined loss ratio target.

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 realize our potential, we can help others reach theirs.

Join us and play your part in something special!

The opportunity:

This underwriter will be joining the Markel War and Terrorism Division based in London. The role will be working with underwriters and senior underwriters, divisional management and actuarial to implement the underwriting strategy and keep them informed of progress and developments.

We accept risks in the areas of Hull, Cargo, War, Specie, Liability and Terrorism on a world-wide basis. We are leaders in a number of our chosen areas and require a dedication to technical expertise and accuracy to maintain this leadership role.

Part of 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 you’ll be doing:

• Work with underwriters and senior underwriters, divisional management and actuarial to implement the underwriting strategy and keep them informed of progress and developments
• Demonstrate sound and prudent underwriting judgement
• Positively contribute towards the team’s underwriting strategy
• Attend regular broker and client meetings and travel to represent Markel as required by class head
• Develop strong relationships with existing and new brokers
• Actively seek business opportunities
• Apply appropriate underwriting practices including authority and guidelines control
• Prioritise the team’s underwriting strategy and adhere to it at all times
• 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 Markle’s exposure

Our must-haves:

• Wholesale and retail war and terrorism underwriting expertise required;
• Proven expertise in delivering superior underwriting results required;
• Broad understanding of claims, actuarial, product development, regulatory and compliance functions;
• Understand and enjoy working in a highly matrixed environment.
• High energy, ability to deliver outstanding written and verbal presentations, pro-active self-starter; flexible and spontaneous;
• Proven track record in setting and meeting objectives and impact and influencing peers and subordinates to “buy in”
• Demonstrate strong numerical and analytical ability
• Have a network of London and international distribution channels
• Underwriting Insights and Risk Acceptance

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.

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

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.

#LI-DJ1

#LI-Hybrid #PlayYourPartUK