Underwriter/Sr. Underwriter, Trade Credit & Political Risk

Markel Service Inc.; New York (NY); On-site; USD 87,000 - 181,000; Full time

Benefits offered by this job

Health insurance

Dental insurance

Vision insurance

401(k) with employer match

Employee Stock Purchase Plan

PTO

Parental leave

Job summary

Markel Corporation in New York seeks an experienced underwriter to manage trade credit lines within approved plans, driving profitability across multiple countries. You will also nurture broker relationships, contribute to product development, and supervise junior underwriters while applying deep technical knowledge and compliance with underwriting standards.

The role emphasizes risk analysis, use of AI tools, and strong collaboration with teams to expand profitable, diverse exposures.

Qualifications

• 5+ years of underwriting experience in the trade credit space.
• Bachelor’s degree or equivalent experience.
• Strong financial analysis across diverse countries and sectors.
• Commercial underwriting experience incl. large multi-buyer programs.
• Experience with trade & export finance risk assessment.
• Corporate financial risk analysis.
• Familiarity with insolvency legislation in major trading economies.
• Country risk knowledge.
• Experience with AI tools.

Responsibilities

• Underwrite the relevant line of business within agreed plan parameters to achieve targets.
• Marketing/broker development: build broker and customer relationships domestically.
• Product development: contribute to new product development.
• Supervision: supervise trainees or assistant underwriters.
• Technical knowledge: depth in a line of business and problem solving with limited supervision.
• Underwriting standards: operate within standards and ensure accurate data inputs.

Skills

Underwriting trade credit

Financial analysis

Country risk

AI tools

Commercial underwriting

Export finance risk

Insolvency knowledge

Multi-buyer programs

Education

Bachelor’s degree or equivalent

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!

Responsibilities

• To underwrite the relevant line of business within agreed business plan parameters, in line with underwriting authority, in order to achieve agreed combined ratio targets.
• Marketing / broker development: Attendance and involvement in marketing initiatives and developing broker & customer relationships with domestic travel.
• Product development: Team participation in the development of new products
• Supervision: Experience of resolving problems independently; likely to be responsible for the day-to-day supervision of trainee or assistant underwriters
• Technical knowledge: In depth knowledge of a line of business is required along with experience of resolving problems with limited supervision
• Underwriting standards: Working within agreed underwriting standards and procedures; ensuring all their data input and systems interactions are in line with agreed procedures for their team

Qualifications

• 5+ years of underwriting experience in the trade credit space or relevant experience
• Bachelor’s degree or equivalent experience
• Solid background in risk underwriting with strong financial analysis experience across a wide variety of countries and trade sectors
• Experience of commercial underwriting including large multi-buyer programs, single-risk transactions and other Trade Credit & Political Risk placements
• Experience in financial scoring tools and models
• Experience with trade & export finance risk assessment
• Corporate financial risk analysis
• Familiarity with key aspects of insolvency legislation in major trading economies
• Country Risk knowledge
• Experience with AI tools

US Work Authorization US Work Authorization required. Markel does not provide visa sponsorship for this position, now or in the future.

Preferred Qualifications

• Policy wording preparation and contract analysis skills
• Experience in structuring policies for both domestic and export business
• Strong relationships with the broking community
• Good understanding of the trade credit industry
• Experience in syndicated and co-insurance placements
• Experience of credit management audits
• Strong sales, presentation and marketing skills
• Track record of producing profitable business
• Proven solid underwriting track record within the trade credit industry

Pay information

The salary range for this position is $87,000.00 - $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

• 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.

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.