Senior Underwriter / Underwriting Specialist - Risk Management Excess

Company: Markel Corporation
Location: Chicago
Posted on: March 27, 2025

Job Description:

Senior Underwriter / Underwriting Specialist - Risk Management ExcessSenior Underwriter / Underwriting Specialist - Risk Management ExcessApply locations Chicago IL time type Full time posted on Posted 30+ Days Ago job requisition id R0019172What 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 Fortune 750 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 UW Manager and national Risk Management Excess 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 producers while simultaneously monitoring the entire appointed producer base for profitability and production.
• Review forms and pricing of competitors and be able to effectively market the Markel product within the competitive landscape
• Provide training or technical assistance to department underwriting staff.Skills & Experience
  • 8+ years of complex retail Fortune 750 risk underwriting experience
  • Demonstrated technical knowledge and skills reflective of progression of positions of increasing responsibility.
  • Demonstrated marketing and relationship building skills.
  • Four year college degree and/or CPCU or similar designation preferred.
  • Excellent oral and written communication skills.
  • Microsoft Office skills to include MS Word and MS Excel.
  • Strong analytical and organizational skills.
  • Must be a team player that enjoys a flexible and spontaneous business environment with a desire to succeed.
  • Up to 25% travel (when appropriate)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 betterWhat's in it for you:
    • 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.
    • Markel offers hybrid working schedules of 3 days in the office and 2 days remote.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.The base salary offered for the successful candidate will be based on compensable factors such as job-relevant education, job-relevant experience, training, licensure, demonstrated competencies, geographic location, and other factors.US Work Authorization
      • US Work Authorization required. Markel does not provide visa sponsorship for this position, now or in the future.Markel is an equal opportunity employer. We do not discriminate or allow discrimination on the basis of any protected characteristic.Should you require any accommodation through the application process, please send an e-mail to the rarecruiting@markel.com.
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Keywords: Markel Corporation, Chicago , Senior Underwriter / Underwriting Specialist - Risk Management Excess, Executive , Chicago, Illinois