Markel 2027 Underwriting Training Program - Central

Markel; Chicago (IL); On-site; USD 47,000 - 62,000; Full time

Benefits offered by this job

Hybrid work schedule

Job summary

Markel invites high-potential graduates to join a trainee underwriting program in Chicago. You will learn to review and analyze risks, communicate with underwriting leadership, and understand guidelines and procedures within a global insurer.

During training you will be exposed to data analytics and digital underwriting tools, with the goal of advancing to a full underwriting position upon successful completion. Start date is June 2027 and sponsorship is not provided.

Qualifications

• College graduate as of June 2027.
• Strong academic performance with a minimum 3.00 GPA.
• Excellent communication, presentation and interpersonal skills.
• Ability to analyze complex problems and make sound recommendations quickly.
• Energetic self-starter with good decision-making and entrepreneurial spirit.
• Strong time management and organizational skills.
• Proficient computer skills, including MS Office.
• Demonstrated potential and passion for Markel Style.
• Available to start work in June 2027.
• Proof of eligibility to work in the USA without sponsorship.

Responsibilities

• Develop skills to review, analyze, accept and decline risks for profitability.
• Communicate with underwriting management, product lines and data analysts.
• Become familiar with underwriting guidelines, policies and procedures.
• Gain exposure to data analytics and digital underwriting technologies.
• Complete training to qualify for an underwriting position upon completion.

Skills

Analytical thinking

Strong communication

Presentation skills

Interpersonal skills

Time management

Entrepreneurial spirit

High energy

Decision making

Computer literacy

Education

Bachelor's degree

Tools

MS Office

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 develop skills to review, analyze, accept and decline risks to ensure profitability for Markel. Communicate with underwriting management, product line leaders, colleagues, data analysts, and current and proposed producers. Become familiar with and execute upon underwriting guidelines, policies and procedures. Additionally trainees will be exposed to data analytics and digital technologies that focus on the future of underwriting in the insurance industry. Upon satisfactory completion of training the underwriter trainee will be eligible for an underwriting position.

What We're Looking For:

• College graduate as of June 2027;
• Strong academic performance (3.00 GPA minimum), excellent presentation and leadership skills;
• Strong communication, presentation and interpersonal skills;
• Ability to analyze and reason through complex problems and make sound recommendations in a fast-paced environment;
• High energy self-starter, good decision maker with an entrepreneurial spirit;
• Solid time management skills;
• Computer savvy- experience with MS office suite;
• Competitive nature and strong desire to win;
• Candidates who have extraordinary potential and share our passion to live The Markel Style. It's our core value which underpins how we do business, while influencing our behavior and exceptional performance.
• Available to start work in June 2027.
• Proof of eligibility to work in the USA without sponsorship now or in the future.

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:

In keeping with the values of the Markel Style, we strive to support our employees in living their lives to the fullest at home and at work.

• 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 offers hybrid working schedules of 3 days in the office and 2 days remote.

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, demonstrated competencies, geographic location, and other factors. The salary range for the position is $34-$45/hr. with a 15% bonus potential.

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.