Underwriter/Sr. Underwriter, Property

Markel Service; Alpharetta (GA); On-site; USD 87,000 - 181,000; Full time

Benefits offered by this job

Health, dental and vision plans

401(k) with employer match

Employee Stock Purchase Plan

PTO and holidays with floating days

Parental leave

Job summary

Markel Group is seeking an experienced Property underwriter to handle new business and renewals in a profitable manner across the U.S. The role requires assessing risks, utilizing underwriting tools, and guiding associate underwriters. Travel up to 25% is possible as part of coordinating with agents and producers.

The candidate will review forms, price competitively, and support growth while upholding state-specific regulations and guidelines. A four-year degree and CPCU are preferred.

Qualifications

• 3+ years of complex Property underwriting in the wholesale channel with surplus lines experience.
• Demonstrated technical knowledge and skills.
• Excellent oral and written communication skills.

Responsibilities

• Review, analyze, accept, and decline Property 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; recommend operational improvements.
• Participate in audits and 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 effectively.
• Provide training or technical assistance to department underwriting staff.

Skills

Property underwriting

Surplus lines

Relationship building

Communication skills

MS Office

Analytical skills

Team player

Travel readiness

Education

Four-year college degree

CPCU or similar designation

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 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. Promotes the growth and development of less experienced underwriters and fosters teamwork.

Responsibilities:

• Review, analyze, accept, and decline Property 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 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.

Qualifications:

• 3+ years of complex Property underwriting expertise in the wholesale channel with surplus lines 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 salary range for this position is $87,100.00 - $181,400.00. 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.