Managing Director, Property PLL

Markel; Richmond (VA); Hybrid; USD 230,000 - 317,000; Full time

Benefits offered by this job

Competitive benefits package

401(k) with employer match

Employee Stock Purchase Plan

Paid time off and holidays

Job summary

Markel Group is seeking a senior underwriting leader to oversee growth and profitability of the commercial property product line across our U.S. locations. The role emphasizes strategic thinking, collaboration, and driving results in a dynamic insurance environment.

You will set underwriting standards, lead change, and work with business development to grow opportunities while traveling up to 25%. US work authorization is required and candidates should bring strong communication and leadership

Qualifications

• Minimum of 15 years of underwriting experience, including at least 5 years in Property.
• Undergraduate degree preferred; graduate degree and/or designations a plus.
• Superior verbal and written communication; strong influencing and collaboration skills.

Responsibilities

• Proactively identify new market opportunities and cross-sell by addressing client needs.
• Maintain product line pricing standards and underwriting authority for commercial property.
• Set underwriting standards and strategy for the commercial property product.
• Manage the Property product portfolio and aggregation.
• Provide underwriting direction to regional teams and ensure effective execution.
• Coordinate product line training for underwriters and staff.
• Provide prompt reviews of accounts beyond assigned authority levels.
• Communicate concerns to Senior Leadership regarding product and underwriting issues.
• Work with Business Development to target producers and manage client relationships.
• Assist with development of new business opportunities.

Skills

Underwriting expertise

Property underwriting

Leadership influence

Communication skills

Collaborative style

Self-motivated

Travel readiness

Education

Undergraduate degree preferred

Graduate degree or designations a plus

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 oversee the growth and profitability of the business area. Uses established understanding of business dynamics and regulations to achieve results while collaborating effectively with colleagues around the country. Recognized as a national leader in the insurance industry, possesses strong strategic thinking, creative problem-solving and critical thinking skills. Executes business strategy, leads change, drives results, promotes enterprise culture, attracts top talent, maximizes individual and organizational performance, communicates effectively, and influences others. Work to create efficiencies and implement required changes.

Responsibilities:

• Proactively identify new market opportunities and product offerings as well as support cross-sell opportunities by identifying and solving client needs;
• Maintainproduct line specific technical pricing standards and underwriting authority within the commercial property product line;
• Set underwriting standards and strategy for the commercial property product;
• Manage the Property products including portfolio aggregation management;
• Provide clear underwriting direction to regional underwriting teams and ensure effective execution in line with product goals.
• Prepare, coordinate and execute product line specific training for underwriters and support staff;
• Provide prompt and productive reviews of accounts beyond assigned authority levels;
• Transmit concerns/feedback to Senior Leadership regarding product, underwriting and claims concerns based on interactions with management, underwriters and producers;
• Work with Business Development teams to target producers as well as manage client relationships;
• Assist with the development of new business opportunities.

Experience/Skillset:

• Minimum of 15 years of underwriting expertise with at least 5 years of underwriting experience within Property;
• Undergraduate degree preferred;
• Graduate degree and/or industry designations would be a plus;
• Superior verbal and written communication skills;
• Collaborative style;
• High energy, pro-active self-starter; someone with a strong sense of urgency;
• Demonstrated ability in setting and meeting objectives and getting leadership, peers and underwriters to “buy in” through superior influencing skills;
• Flexible and spontaneous qualities are key elements to the success of this position;
• Interpersonal skills necessary to achieve desired goals and to interact effectively as well as a high level of confidence, integrity, energy and enthusiasm, executive presence and a personality that fits the “Markel Style.
• Ability to travel 25%.
• US Work Authorization required. Markel does not provide visa sponsorship for this position, now or in the future.

#LI-SY

#LI-Hybrid

US Work Authorization

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

Pay information:

The salary range for this position is $230,000-$317,000. The posted salary range reflects the lowest and highest base salary applicable to this role across our U.S. locations. Individual offers are determined based on geographic location, experience, qualifications, internal equity, and other job-related factors. As a result, the salary offered for a specific location will fall within a narrower range than the overall range displayed in this posting. This position may also be eligible to participate in the Company's annual incentive plan and long-term incentive plan.

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.

Should you require any accommodation through the application process, please send an e-mail to the [e-mail].