Director, Underwriting - Rail & Inland Marine Leadership

Markel Corporation; New York (NY); On-site; USD 153,000 - 369,000; Full time

Benefits offered by this job

401(k) with employer match

Employee Stock Purchase Plan

Paid time off and holidays

Parental leave

Job summary

Markel Group in New York seeks a Director or Sr. Director, Underwriting to lead the strategic development and execution of underwriting goals.

You will provide leadership, direction and coaching to underwriting teams, drive profitability, growth and retention of both new and renewal business, and ensure work quality aligns with authority and standards. You will collaborate across departments including Actuarial, Product Development, Claims, IT and Marketing, delegate underwriting authority

Qualifications

• 10+ years of commercial insurance underwriting experience.
• 5+ years underwriting Railroad or Inland Marine.
• Proven track record of profitable underwriting results and broker/agent relationships.
• Strong communication and presentation skills.
• Proficiency in Microsoft Office (Word and Excel).

Responsibilities

• Lead and implement underwriting strategy for Railroad, consistent with Inland Marine and Property product line strategies.
• Manage underwriting functions to achieve profit, revenue, loss ratio and expense targets.
• With PLL leadership, delegate underwriting authority to staff through letters of authority, and monitor and revise it as appropriate.
• Ensure underwriting work is high quality and consistent with authority levels, guidelines and standards.
• Coach and train underwriters based on underwriting audit results. Address individual career and development needs.
• Underwrite and provide referral guidance on complex, high-hazard and large-account Railroad risks, including risk selection and pricing.
• Build and maintain relationships with key retail and wholesale producers, Class I, short line and regional railroads, and industry partners.
• Balance team workloads and maintain appropriate staffing levels, including recruiting and hiring.
• Partner with Operations to ensure processing and service standards are met.
• Work with internal partners (Actuarial, Product Development, Claims, IT and Marketing) to deliver solutions to customers. This includes flagging producer, training or quality issues to Marketing.
• Identify cross-sell opportunities with other Markel divisions.
• Monitor competitor forms, pricing and market trends, and position Markel's Railroad product accordingly.
• Contribute to special projects, product development and new business initiatives.

Skills

Underwriting experience

Railroad underwriting

Inland Marine underwriting

Broker relationships

Communication skills

Presentation skills

MS Office (Word/Excel)

Education

Bachelor's degree preferred

Job description

Markel Group in New York seeks a Director or Sr. Director, Underwriting to lead the strategic development and execution of underwriting goals.

You will provide leadership, direction and coaching to underwriting teams, drive profitability, growth and retention of both new and renewal business, and ensure work quality aligns with authority and standards. You will collaborate across departments including Actuarial, Product Development, Claims, IT and Marketing, delegate underwriting authority