Director, Reinsurance Risk & Credit

Markel Corporation; Bedford (TX); On-site; USD 140,000 - 210,000; Full time

Benefits offered by this job

Health, dental, and vision insurance

401(k) with employer match

Employee Stock Purchase Plan

Paid time off and holidays

Parental leave

Job summary

Markel Corporation in the United States seeks a senior credit underwriting leader to manage a team of junior analysts and partner with senior management on underwriting risks for new program opportunities. You will oversee the Credit Committee process and drive complex analyses and reporting.

You will leverage AI tools to enhance analytics, build strong internal and external relationships, and contribute to process improvements across underwriting and risk management functions.

Qualifications

• Bachelor's degree in finance, accounting, or a related field.
• Advanced degree or professional certification is a plus.
• Experience leading credit underwriting teams and managing risk.
• Strong analytical, communication, and stakeholder-management skills.
• Knowledge of GAAP financial reporting and insurance/reinsurance markets preferred.

Responsibilities

• Lead, mentor, and develop a team of reinsurance analysts and oversee collateral adequacy and covenant compliance.
• Analyze financial statements and related information to assess creditworthiness and risk exposures for counterparties.
• Conduct due diligence on new program opportunities and assist with structuring and underwriting.
• Manage the Credit Committee governance process, materials, and approvals.
• Evaluate collateral, credit exposure, and provide risk-mitigation recommendations.
• Produce reports on the reinsurance portfolio and credit risk to support executive decisions.
• Review Letters of Credit and other collateral instruments for compliance with regulations and contracts.
• Analyze trust assets for contractual compliance and coordinate asset exchanges with reinsurers.
• Support system enhancements and automate reporting and analytics with AI tools.
• Develop relationships with reinsurers, program managers, brokers, and banks.
• Present findings to senior management and other stakeholders clearly and effectively.
• Serve as a subject-matter expert on reinsurance programs and Credit Committee decisions.
• Lead special projects and other duties as assigned.

Skills

Credit underwriting

Team leadership

Financial analysis

Stakeholder communication

Excel

Power BI

AI tools

GAAP knowledge

Education

Bachelor's degree in Finance/Accounting

Advanced degree preferred

Tools

Power BI

SQL

CRM systems

Job description

Markel Corporation in the United States seeks a senior credit underwriting leader to manage a team of junior analysts and partner with senior management on underwriting risks for new program opportunities. You will oversee the Credit Committee process and drive complex analyses and reporting.

You will leverage AI tools to enhance analytics, build strong internal and external relationships, and contribute to process improvements across underwriting and risk management functions.