Senior Underwriter / Underwriting Specialist, Energy

Markel; San Francisco (CA); On-site; USD 92,000 - 127,000; Full time

Benefits offered by this job

Health insurance

Dental insurance

Vision insurance

401(k) match

Employee Stock Purchase Plan

Paid time off

Holidays & floating holidays

Parental leave

Job summary

Markel Group seeks an experienced Sr. Underwriter to underwrite energy casualty new business and renewals in a profitable manner across assigned accounts in the energy sector. You’ll use underwriting tools to determine classifications, rates and premium charges, while ensuring compliance with state laws and guidelines.

Expect collaboration with UW managers and leadership; travel up to 25%. The role emphasizes mentoring junior underwriters and maintaining strong relationships with agents and

Qualifications

• 3+ years of Energy Casualty underwriting experience.
• Demonstrated marketing and relationship building skills.
• Four year college degree and/or CPCU or similar designation preferred.

Responsibilities

• Review, analyze, accept, and decline Energy Casualty 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 UW Manager and National Energy Casualty 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 while monitoring profitability and production.
• Review forms and pricing of competitors and market the Markel product within the competitive landscape.
• Provide training or technical assistance to department underwriting staff.

Skills

Energy Casualty underwriting

Analytical skills

Communication skills

MS Word/Excel

Team player

Travel up to 25%

Education

Bachelor’s degree and/or CPCU or similar designation

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 energy-specific new business and renewals in a profitable manner and according to authority level and established guidelines, and drive projects having an impact on the business. Assigned accounts with a focus on the Energy industry. Use 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. Viewed as an expert within a product area and able to mentor less experienced underwriters.

Responsibilities

• Review, analyze, accept, and decline Energy Casualty 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 UW Manager and National Energy Casualty 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 while simultaneously monitoring the entire appointed producer base for profitability and production.
• Review forms and pricing of competitors and be able to effectively market the Markel product within the competitive landscape
• Provide training or technical assistance to department underwriting staff.

Skills & Experience

• 3+ years of Energy Casualty 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 (when appropriate)

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 Sr. Underwriter position is $92k - $127k/year with a 25% bonus potential.The national average salary range for the Underwriting Specialist position is $104,480k - $143,660k with a 25% bonus potential.

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.

Caution~ Employment scams

Markel is aware of employment-related scams where scammers will impersonate recruiters by sending fake job