Markel

Senior Underwriter - War and Terrorism

Posted on: 20 Mar 2021

New York City, New York

Job Description

Company Information:

What we look for
Our exceptional and motivated employees are our greatest strength. Our employees provide the highest level of

customer service and help maintain our position as a leader in the global marketplace.

Markel Style
The Markel Style is what makes us stand out from our competitors. It's our core value which should underpin how we do business, while influencing our behavior and performance. We are looking for people who have potential and share our passion to live the Markel Style, which is described in more detail below.

If you think you have these core attributes we want to hear from you.

Job Summary:

The individual we seek will lead the newly crafted Commercial Wholesale and Retail War & Terrorism Product Line for Markel in the US. The leader will work with the Markel International team, headquartered in London, to set the overall US strategy to produce a profitable underwriting portfolio.

* Maintain specific underwriting policies and procedures and collaborate with management, claims, actuarial and product development to institute changes when appropriate.
* Prepare, coordinate and execute product line specific training for underwriters and support staff.
* Set pricing policies and standards within the product line and review and approve large submissions beyond assigned authority levels.
* Proactively identify new market opportunities and product offerings as well as support cross-sell opportunities by identifying client needs within the War & Terrorism Product Line and passing those opportunities to other underwriting units.
* Hire, train, mentor, develop, and lead US War & Terrorism underwriters as assigned.
* Act as advocate for Markel and the War & Terrorism product line and communicate regularly with underwriters with authority.
* Promote collaboration with US underwriting teams to advance line of business profit and growth goals

Education/Experience

* 10+ years of current wholesale and retail war and terrorism underwriting expertise required;
* Minimum of 5+ years of shown success hiring, training, team building, mentoring and performance management of a commercial insurance underwriting team required;
* Proven expertise in delivering outstanding underwriting results required;
* Broad understanding of US claims, actuarial, product development, regulatory and compliance functions;
* Understand and enjoy working in a highly matrixed environment;
* High energy, ability to deliver exceptional written and verbal presentations, pro-active self-starter; strong sense of urgency, flexible and spontaneous;
* Proven track record in setting and meeting objectives and impact and influencing peers and subordinates to consensus ;
* 50% domestic and international travel when appropriate.

Why work for us?

Diversity and inclusion
Markel is truly a global and diverse company. We believe that diversity makes us better business partners and that embracing peoples differences can bring amazing results and fuel innovation. We have a portfolio of businesses and product lines that operate around the world.

Community involvement
Markel has a rich heritage of supporting communities across the world where our customers and employees live and work. Giving back is part of our history and our future. Our employees share in this philosophy through volunteering, mentoring and fundraising.

Commitment to open doors

Markel is committed to creating the best work environment. Our open-door policy is essential in recognizing business issues as they rise and to address the changing needs of our diverse and global workforce. Challenging management is a component of the Markel Stylesome of our best ideas start from a conversation between a manager and an employee.

Entrepreneurial spirit

As the Markel Style states, we pursue excellence, strive for a better way, and share the success of others. Markel associates proactively seek new business opportunities, bringing further success to Markel.

Markel

Glen Allen, VA

Markel Corporation (NYSE: MKL) is a global Fortune 500 company headquartered in Richmond, Virginia. We seek to be a leader in each of our pursuits, with insurance being our primary business. As a market leader for specialty insurance, reinsurance, and investment operations around the world, Markel embodies integrity, commitment, teamwork, and innovation in every day operations. We are encouraged to look for a better way to do things. Since our founding in 1930, we have sought to know our customers’ needs and to provide quality products and service.

Markel specializes in providing coverage for hard-to-place risks for a variety of niche markets including:

• Agricultural and equine risks

• Reinsurance for large risk enterprises such as oil rigs

• Event cancellation insurance for weddings, concerts, and sporting events

• Inland marine coverage for fine art collections

• Environmental pollution

• Yachts, ATVs, and motorcycles

 

At Markel we provide an atmosphere in which people can reach their personal potential. We are results-oriented, and we continually strive for a better way to do things. The Markel approach is one of spontaneity and flexibility. Markel helps employees balance work and social activities. Markel gives you the keys to success! Keeping an open mind and learning new skills allows our associates to stay ahead of the marketplace.

Above all, we enjoy what we are doing. There is excitement here that comes from innovating, creating, striving for a better way, sharing success with others…winning.