Senior Underwriter, Ocean Marine

Markel

Georgia

On-site

USD 87,000 - 181,000

Full time

14 days+
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Job summary

Markel is seeking an Ocean Marine Underwriter to underwrite new business and renewals profitably within authority and guidelines. The role involves using underwriting tools to determine classifications, rates, and premiums, and coaching others as needed.

The position requires 3+ years of Ocean Marine underwriting experience, strong communication skills, and the ability to travel up to 25% of the time. This is a hybrid role with US work authorization.

Qualifications

  • Minimum 3 years of current experience underwriting profitable ocean marine business.
  • Excellent oral and written communication skills, and skilled presentation aptitude.
  • Flexibility to travel up to 25% when appropriate.

Responsibilities

  • Review, analyze, accept, and decline Ocean Marine risks to ensure profitability for Markel.
  • Underwrite and select new business that will produce an underwriting profit.
  • Manage the existing renewal book and implement corrective measures to meet profitability expectations.
  • Communicate with regional managers and national product line leaders on accounts and producers.
  • Participate in audits and underwriting meetings as required.
  • Build and maintain quality relationships with key producers.
  • Cross-sell opportunities with other Markel divisions.
  • Review forms and pricing of competitors and market Markel products.

Skills

Underwriting
Ocean Marine
Communication
Time management
Presentation

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 and renewals in a profitable manner and according to authority level and established guidelines, and participate in special projects having an impact on the business. Assigned larger and more important agents/brokers. Utilize underwriting tools to determine accurate classifications, rates, and premium charges. Understand state laws, including cancellation and non-renewal, within assigned territory to properly transact business within each state. Knowledgeable in coverage forms and policy language; appropriate utilization of forms and exclusions. Assist with resolving premium audit disputes within assigned agents/brokers. Able to provide coaching to others.

Responsibilities:
  • Review, analyze, accept, and decline Ocean Marine risks to ensure profitability for Markel.
  • Underwrite and select new business that will produce an underwriting profit.
  • Manage the existing renewal book and implement corrective measures, as needed, to meet profitability expectations.
  • Communicate with regional managers and national product line leaders on individual accounts, current and proposed producers, and make recommendations concerning operations, systems and procedures when appropriate.
  • Participate in audits and/or underwriting meetings as required.
  • Build and maintain quality relationships with key producers
  • Cross-sell opportunities with other Markel divisions through the promotion of Markel's products and services.
  • Review forms and pricing of competitors and be able to effectively market the Markel product within the competitive landscape

Qualifications:

  • Minimum 3 years of current experience underwriting profitable ocean marine business
  • Demonstrated technical knowledge and skills reflective of progression of positions of increasing responsibility.
  • Ability to work in a fast-paced environment
  • Must have excellent oral and written communication skills, and skilled presentation aptitude
  • Microsoft Office skills to include MS Word and MS Excel.
  • Strong analytical, organizational, and time management skills;
  • Flexible to travel up to 25% travel when appropriate
  • Must be a team player that enjoys a flexible and spontaneous business environment with a desire to succeed.

#LI-Hybrid

#LI-SY

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 $87,100 - $181,400/year. 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.

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.

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