Underwriter/Sr. Underwriter, Trade Credit & Political Risk

Markel; Virginia; On-site; USD 87,000 - 181,000; Full time

Benefits offered by this job

Health insurance

401(k) with employer match

PTO and holidays

Job summary

Markel is seeking an experienced Senior Underwriter for trade credit and political risk to join its US team. You will assess complex risk, analyze financial data across diverse countries, and structure multi-buyer programs while upholding underwriting standards.

The role requires 5+ years of underwriting experience, a bachelor’s degree, and an ability to collaborate with brokers to grow profitable business. US work authorization is required.

Qualifications

• 5+ years of underwriting experience in trade credit or related field.
• Bachelor’s degree or equivalent experience.
• Strong financial analysis across countries and sectors.
• Experience with trade credit and political risk placements.
• Experience with AI tools.

Responsibilities

• Marketing and broker development; attendance and involvement in marketing initiatives with domestic travel.
• Product development; team participation in development of new products.
• Supervision: day-to-day supervision of trainee or assistant underwriters.
• Technical knowledge: in-depth knowledge of a line of business and problem-solving with limited supervision.
• Underwriting standards: follow agreed underwriting standards and data input procedures.

Skills

Underwriting experience

Financial analysis

Trade Credit knowledge

Country Risk knowledge

AI tools familiarity

Syndicated & co-insurance

Marketing & sales skills

Track record of profitability

Multi-buyer programs

Education

Bachelor's degree or equivalent experience

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! 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.

Responsibilities

• 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

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

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 $87,000.00 - $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

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?

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].

Mark