W&I Underwriter - M&A Advisory Specialist (Hybrid)

Markel Corporation; Greater London; Hybrid; GBP 75,000 - 120,000; Full time

Benefits offered by this job

Company pension up to 16%

Private medical and dental cover

Income protection

Life assurance

Electric car scheme

Travel insurance

25 days holiday + bank holidays

Job summary

Markel Corporation in London is seeking an M&A consultancy/advisory specialist or an experienced W&I underwriter to strengthen the Warranty & Indemnity team. You will work on transaction processes, due diligence, sale and purchase agreements, and related deal documentation within a growing, market-leading unit.

You will build relationships with brokers and private equity clients, apply technical rating models, and help expand the book across the UK and Europe.

Qualifications

• Technical Underwriting Experience within your specialist skill-set relevant for W&I underwriting or direct experience underwriting W&I risks.
• Strong understanding of the risks inherent in underwriting W&I from the perspective of your specialist skill-set.
• Develop an understanding of the principles of the technical rating engine and monitor portfolio rate adequacy according to Markel’s underwriting principles and in line with authority limits.
• Use analytical skills to improve Markel’s underwriting capabilities (e.g. loss performance and underwriting efficiency).
• Work with others to navigate the complexities of drafting / amending a wording / clause in particular with respect to your specialist skill-set.

Responsibilities

• Contribute to the W&I underwriting strategy and establish a market-leading team.
• Review and underwrite new risks using technical rating guidelines.
• Harvest insights from data to inform underwriting approaches and portfolio trends.
• Build relationships with brokers, distribution partners and private equity clients.
• Negotiate policy terms and conditions and support portfolio growth.

Skills

Technical Underwriting

W&I underwriting

Portfolio rating engine

Analytical skills

Negotiating terms

Business development

Tools

MS Office

Job description

Markel Corporation in London is seeking an M&A consultancy/advisory specialist or an experienced W&I underwriter to strengthen the Warranty & Indemnity team. You will work on transaction processes, due diligence, sale and purchase agreements, and related deal documentation within a growing, market-leading unit.

You will build relationships with brokers and private equity clients, apply technical rating models, and help expand the book across the UK and Europe.