Underwriter - State National

Markel Corporation; Bedford, Northern (TX, KY); Hybrid; USD 65,000 - 90,000; Full time

Benefits offered by this job

401(k) with employer match

Employee Stock Purchase Plan

PTO and holidays

Parental leave

Job summary

Markel Corporation is recruiting for an underwriting analysis role focused on CPI pricing, risk assessment, and client engagement. You will forecast trends, analyze insurance data, and prepare rate recommendations to support profitable new business and existing accounts.

The role requires a bachelor's degree and several years in finance, data analysis, or underwriting, with strong Excel skills. This is a hybrid US-based position with comprehensive benefits and visa privacy commitments.

Qualifications

• Bachelor's degree preferred.
• 3+ years of experience in finance, data analysis, or underwriting.
• Strong analytical ability and risk assessment skills.
• Ability to work autonomously and make decisions efficiently.
• Good communication skills.

Responsibilities

• Prepares forecasts and analyzes trends through CPI account analysis for rate guidance.
• Provides information to implement efficient processes and adjust rates, commissions, and coverages.
• Analyzes prospective clients’ history to develop profitable new business rates.
• Maintains knowledge of CPI rules, rates and forms for compliance.
• Trains associates on CPI products and rules; supports underwriting decisions.
• Directs the Compliance department on filings and reviews commission data.
• Prepares and distributes management reports; works on special projects.
• Creates option forms, builds quotes, and assists business development in pre-delivery.

Education

Bachelor's degree preferred

Tools

Word

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!Responsible for independently analyzing financial information to forecast business, industry, and economic conditions relating to the insurance industry, for use in making financial decisions regarding risk and profitability of client accounts. Gather and analyze industry, regulatory, and economic information to analyze risk and make appropriate underwriting decisions. Interpret data concerning insurance products and pricing. Summarize data describing current and long-term trends in insurance risk and economic influences pertinent thereto. Recommend modifications to management’s risk portfolio. Creates and communicates underwriting options to our client engagement and business development associates.**ESSENTIAL FUNCTIONS*** Prepares forecasts and analyzes trends through CPI (Collateral Protection Insurance) account analysis to provide relevant information to support recommendations for changes in rates for new business pricing and account underwriting* Provides relevant information to facilitate the implementation of efficient processes, controls and follow-up for profitable improvement of active accounts through recommended rate increases/decreases, commission adjustments and coverage changes* Analyzes prospective clients’ past history to develop rates for profitable new business.* Maintains a complete knowledge of CPI rules, rates and forms to ensure compliance in each account* Serves as a resource to the company regarding CPI rules, rates and forms; provides assistance in the training of business development and client engagement associates to develop their knowledge of products* Directs the Compliance department on filing changes and priorities; reviews, analyzes, and maintains records of commissions paid to active accounts; reviews and analyzes requests by underwriting from the field for current accounts, and documents in CRM, and makes recommendations.* Prepares and distributes various management reports.* Completes special projects as assigned by management.* Creates option forms, builds quotes, and assists business development in pre-delivery**JOB QUALIFICATIONS****Education/Experience*** Bachelors degree preferred* 3 or more years of experience in the field or a related area recommended (accounting, finance, data analysis, underwriting)* Detailed knowledge of specific underwriting criteria and premium computations by using spreadsheets and statistical software to analyze financial data, spot trends, and develop forecasts.* A certain degree of creativity and latitude is required.* The ability to independently make accurate underwriting decisions and analyze risk.* Good communication skills* Advanced P/C skills in Word, and Excel* Ability to work autonomously and make decisions efficiently**WORK CONDITIONS*** Standard office environment* May be required to sit for extended periods of timeMachinery and Equipment to be operated* Telephone, PC, fax machine, copy machine, and printer.#IND-Markel#LI-Hybrid#DEIB**US Work Authorization**US Work Authorization required. Markel does not provide visa sponsorship for this position, now or in the future.**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] 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].