Senior Underwriter, Ocean Marine

Markel Corporation

Plano (TX)

On-site

USD 87,000 - 181,000

Full time

12 days ago

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Benefits offered by this job

Health insurance
Dental plan
Vision plan
401(k) with match
Employee Stock Purchase Plan
Paid time off
Parental leave
Floating holidays

Job summary

Markel Corporation is seeking an Ocean Marine Underwriter to underwrite new business and renewals profitably within authority and guidelines. The role covers reviewing risks, selecting profitable accounts, and collaborating with regional and national leaders.

Travel up to 25% may be required as part of producer interactions. The candidate should bring 3+ years of ocean marine underwriting experience, strong analytical and communication skills, and proficiency with MS Word/Excel in a fast-paced

Qualifications

  • Minimum 3 years of current experience underwriting profitable ocean marine business.
  • Demonstrated technical knowledge and progression to higher responsibility.
  • Ability to work in a fast-paced environment.
  • Excellent oral and written communication skills.
  • MS Word and MS Excel skills required.
  • Willing to travel up to 25% when appropriate.

Responsibilities

  • Review, analyze, accept, and decline Ocean Marine risks to ensure profitability.
  • Underwrite and select new business that yields underwriting profit.
  • Manage the renewal book and implement corrective measures for profitability.
  • Communicate with regional managers and product line leaders on accounts.
  • Cross-sell Markel products and services to producers.
  • Review competitor pricing and market the Markel product effectively.

Skills

Underwriting
Analytical skills
Communication
Time management
MS Office

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 producersCross-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 landscapeQualifications:Minimum 3 years of current experience underwriting profitable ocean marine businessDemonstrated technical knowledge and skills reflective of progression of positions of increasing responsibility.Ability to work in a fast-paced environmentMust have excellent oral and written communication skills, and skilled presentation aptitudeMicrosoft Office skills to include MS Word and MS Excel.Strong analytical, organizational, and time management skills;Flexible to travel up to 25% travel when appropriateMust be a team player that enjoys a flexible and spontaneous business environment with a desire to succeed.#LI-Hybrid#LI-SYUS Work AuthorizationUS 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 betterWe enjoy the everyday | We think furtherWhat’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.Are you ready to play your part?Choose ‘Apply Now’ to fill out our short application, so that we can find out more about you.Caution: Employment scamsMarkel is aware of employment-related scams where scammers will impersonate recruiters by sending fake job offers to those actively seeking employment in order to steal personal information. Frequently, the scammer will reach out to individuals who have posted their resume online. These "job offers" include convincing offer letters and frequently ask for confidential personal information. Therefore, for your safety, please note that:All legitimate job postings with Markel will be posted on Markel Careers. No other URL should be trusted for job postings.All legitimate communications with Markel recruiters will come from Markel.com email addresses.We would also ask that you please report any job employment scams related to Markel to rarecruiting@markel.com.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 rarecruiting@markel.com.No agencies please.
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