Underwriting Specialist

Markel Corporation; Houston (TX); On-site; USD 98,000 - 201,000; Full time

Benefits offered by this job

Health benefits

401(k) with employer match

Employee Stock Purchase Plan

PTO and holidays

Parental leave

Floating holidays

Job summary

Markel Corporation seeks an experienced Ocean Marine underwriter to underwrite new business and renewals profitably, with leadership on complex accounts. Responsibilities include reviewing forms, pricing, and sustaining profitable book growth while mentoring peers.

Role requires up to 25% travel, strong communication skills, and proficiency with MS Word/Excel; US work authorization is required. Markel emphasizes a collaborative culture and competitive benefits.

Qualifications

• Minimum 5+ years of current experience underwriting profitable ocean marine business.
• Strong analytical, organizational, and time management skills.
• Excellent oral and written communication and presentation aptitude.

Responsibilities

• Review, analyze, accept, and decline Ocean Marine risks for profitability.
• Underwrite and select new business to generate underwriting profit.
• Manage renewal book and implement corrective measures for profitability.
• Communicate with regional managers and product leaders on accounts and producers.
• Participate in audits/underwriting meetings as required.
• Build and maintain quality relationships with key producers.
• Cross-sell opportunities with other Markel divisions by promoting products and services.
• Review competitor forms and pricing to market the Markel product.

Skills

Ocean Marine underwriting

Analytical skills

Written and verbal communication

Time management

MS Word & MS Excel

Tools

Microsoft 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! 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.Responsibilities:Review, analyze, accept, and decline Ocean Marine 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 producersCross-sell opportunities with other Markel divisions through the promotion of Markel’s products and services.Review forms and pricing of competitors and be able to effectively market the Markel product within the competitive landscapeQualifications:Minimum 5+ years of current experience underwriting profitable ocean marine businessDemonstrated technical knowledge and skills reflective of progression of positions of increasing responsibility.Ability to work in a fast-paced environmentMust have excellent oral and written communication skills, and skilled presentation aptitudeMicrosoft Office skills to include MS Word and MS Excel.Strong analytical, organizational, and time management skills;Flexible to travel up to 25% travel when appropriateMust be a team player that enjoys a flexible and spontaneous business environment with a desire to succeed.US Work AuthorizationUS 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 $97,950-$201,100/year. 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 betterWe enjoy the everyday | We think furtherWhat’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 scamsMarkel 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] agencies please.