Executive Underwriter, Inland Marine

Markel; New York (NY); On-site; USD 116,000 - 159,000; Full time

Job summary

Markel is seeking an Executive Underwriter for Inland Marine in the Northeast Region. The role underwrites new business, renewals, and drives strategic projects to support profitability and growth.

You will mentor less experienced underwriters and collaborate with regional leadership to align with underwriting guidelines and market strategy. The position requires extensive underwriting experience, strong communication, and travel up to 25%.

Qualifications

• 8+ years of complex retail & wholesale Inland Marine underwriting experience.
• Four year college degree and/or CPCU or similar designation preferred.
• Excellent oral and written communication skills.
• Microsoft Office skills to include MS Word and MS Excel.
• Strong analytical and organizational skills.
• Up to 25% travel.

Responsibilities

• Underwrite Inland Marine coverages for large, complex accounts.
• Analyze loss data and act with internal actuaries.
• Present at meetings with senior executives and brokers.
• Provide policy review and rating guidance.
• Cultivate broker relationships across the Northeast Region.

Skills

Inland Marine underwriting

Retail underwriting

Relationship building

Team leadership

Communication skills

MS Word

MS Excel

Education

Bachelor's degree

CPCU designation

Tools

MS Word

MS Excel

Job description

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 primary purpose of this position is to underwrite new business, renewals, and drive projects having an impact on the business for Inland Marine for the Northeast Region. Underwriting will be accomplished in a profitable manner and according to authority level and established guidelines. As an Executive Underwriter you will be responsible for larger, and more complex accounts. You must be able to utilize underwriting tools to determine accurate classifications, rates, and premium charges. Expert Knowledge in coverage forms and policy language and appropriate use of forms and exclusions is required. This role requires you to promote the growth and development of less experienced underwriters and to foster teamwork.

Responsibilities

• Expert understanding and proven ability to underwrite Inland Marine coverages
• Thorough grasp of policy language including thorough understanding of AAIS Inland Marine and COP forms as well as familiarity with broker manuscript forms
• Ability to analyze complex loss data and work with experience rating and loss rating; familiar with actuarial concepts and ability to work collaboratively with internal actuaries
• Strong ability to present at underwriting meetings with senior executives from existing and prospective insureds and brokers
• Provide policy review and rating guidance
• Actively participate in Claims meetings and reviews
• Quote and bind new and renewal accounts according to our underwriting guidelines and strategy
• Actively participate in large risk strategy
• Maintain and adhere to all underwriting file documentation standards
• Cultivate and strengthen retail & wholesale broker relationships across the Northeast Region
• Present innovative marketing strategies with the Inland Marine community
• Collaboration with Regional Leadership

Skills & Experience

• 8+ years of complex retail & wholesale Inland Marine underwriting experience
• Demonstrated technical knowledge and skills reflective of progression of positions of increasing responsibility.
• Demonstrated marketing and relationship building skills.
• Four year college degree and/or CPCU or similar designation preferred.
• Excellent oral and written communication skills.
• Microsoft Office skills to include MS Word and MS Excel.
• Strong analytical and organizational skills.
• Must be a team player that enjoys a flexible and spontaneous business environment with a desire to succeed.
• Up to 25% travel

US Work Authorization

US Work Authorization required. Markel does not provide visa sponsorship for this position, now or in the future.

Pay information

The base salary offered for the successful candidate will be based on compensable factors such as job-relevant education, job-relevant experience, training, licensure, demonstrated competencies, geographic location, and other factors. The national average salary range for the Executive Underwriter position is $116k/year - $159k/year with 30% incentive bonus target.

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

• We offer competitive benefit programs that help meet our diverse and changing environment as well as support our employees’ needs at all stages of life.
• All full-time employees have the option to select from multiple health, dental and vision insurance plan options and optional life, disability, and AD&D insurance.
• We also offer a 401(k) with employer match contributions, an Employee Stock Purchase Plan, PTO, corporate holidays and floating holidays, parental leave.

Markel is an equal opportunity employer. We do not discriminate or allow discrimination on the basis of any protected characteristic. This includes race; color; sex; religion; creed; national origin or place of birth; ancestry; age; disability; affectional or sexual orientation; gender expression or identity; genetic information, sickle cell trait, or atypical hereditary cellular or blood trait; refusal to submit to genetic tests or make genetic test results available; medical condition; citizenship status; pregnancy, childbirth, or related medical conditions; marital status, civil union status, domestic partnership status, familial status, or family responsibilities; military or veteran status, including unfavorable discharge from military service; personal appearance, height, or weight; matriculation or political affiliation; expunged juvenile records; arrest and court records where prohibited by applicable law; status as a victim of domestic or sexual violence; public assistance status; order of protection status; status as a smoker or nonsmoker; membership or activity in local commissions; the use or nonuse of lawful products off employer premises during non-work hours; declining to attend meetings or participate in communications about religious or political matters; or any other classification protected by applicable law.