Sr. Underwriter / Underwriting Specialist, Environmental

Markel; New York (NY); On-site; USD 92,000 - 127,000; Full time

Benefits offered by this job

Health, dental and vision insurance

401(k) with employer match

PTO and Holidays

Parental leave

Job summary

A leading insurance company in New York is seeking a Senior Underwriter to manage new business and renewals while ensuring profitability. This role requires at least 3 years of current underwriting experience in commercial insurance, specifically in environmental and energy sectors. The candidate will collaborate with management and assist in auditing and operations. A competitive salary ranges from $92k to $127k per year with bonus potential. Additionally, comprehensive benefits will be offered, promoting a balanced lifestyle and career growth.

Qualifications

• Must provide coaching to less experienced underwriters.
• Experience in identifying exposure and risk.
• Ability to monitor producers for profitability.

Responsibilities

• Underwrite new business and renewals.
• Resolve premium audit disputes.
• Communicate with underwriting management.

Skills

Technical underwriting knowledge

Excellent oral and written communication

Analytical skills

Team player

Education

Underwriting certifications

3+ years of experience in environmental and energy commercial insurance

Tools

Microsoft Word

Microsoft Outlook

Microsoft 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 drive projects having an impact on the business. Assigned larger, more important and more complex accounts. 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. Viewed as an expert within a product area and able to mentor less experienced underwriters.

What You’ll Be Doing

• Communicate with Northeast underwriting management and national environmental and energy product line leaders on individual accounts, current and proposed producers, and make recommendations concerning operations, systems and procedures when appropriate.
• Underwrite and select new business that will produce an underwriting profit.
• Assist with resolving premium audit disputes within assigned agents/brokers.
• Review submissions and identify exposure and risk from information provided.
• Review terms, conditions and pricing.
• Underwrite renewal business and handle related servicing.
• Implement corrective measures on renewal accounts as needed.
• Monitor producers for profitability and production.
• Market products to producers by coordinating marketing plan with regional and national marketing associates.
• Participate in audits and/or underwriting meetings as required.

What We’re Looking For

• Demonstrated technical underwriting knowledge and skills reflective of progression of increasing responsibility.
• Must have excellent oral and written communication skills, and skilled presentation aptitude.
• Technologically savvy; proficient in Word, Outlook, & Excel.
• Strong analytical, organizational, and time management skills.
• Must be a team player that enjoys a flexible and spontaneous business environment.
• Able to provide coaching to others.
• 3+ years of current underwriting experience in wholesale environmental and energy commercial insurance required.
• Flexible to travel approximately 25% when appropriate.
• Insurance certifications preferred.

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 base salary range for the Sr. Underwriter position is $92k/year. - $127k/year with a 25% bonus potential and the Underwriting Specialist position is $104k/year - $143k/year 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.

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 scams

Markel 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 [e-mail].

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].

No agencies please.