Underwriter – Complex Property

Job Description

Executive Underwriter, Property | Markel

The Tone:
This is a full-time role at Markel, with potential for travel. Markel Group is a Fortune 500 holding company that encompasses insurance, reinsurance, specialist advisory, and investment operations globally. This Executive Underwriter position plays a critical part in empowering clients by ensuring the profitable and sound underwriting of complex property risks, directly contributing to Markel’s ability to provide confidence and stability in the market.

The TL;DR
• Role: Full Time
• Type: Full-time
• Location: US (potential for travel)

• Team: Property underwriting team, collaborating with regional managers and national product line leaders.
• Mission: To profitably underwrite new and renewal complex Property business, drive impactful business projects, and foster the development of less experienced underwriters.
• Tech Stack: Microsoft Office (MS Word, MS Excel)

What You’ll Actually Do
• Underwriting Profitability: Underwrite new business and renewals for a profitable outcome, focusing on larger, more important, and complex Property accounts according to established guidelines and authority levels.
• Portfolio Management: Proactively manage the existing renewal book, implementing corrective measures as needed to meet and exceed profitability expectations.
• Business Development & Strategy: Cultivate and maintain quality relationships with key producers, while monitoring the entire appointed producer base for overall profitability and production, and analyzing competitors’ forms and pricing to effectively market Markel’s products.
• Regulatory Compliance & Technical Expertise: Apply extensive knowledge of state laws, including cancellation and non-renewal rules, and ensure appropriate utilization of coverage forms and policy language within assigned territories; assist with resolving premium audit disputes.
• Leadership & Project Impact: Drive projects that have a significant impact on the business, and provide training or technical assistance to less experienced underwriters, promoting their growth and fostering teamwork.

The Must-Haves
• Background: Senior-level professional with a strong foundation in complex Property underwriting expertise, specifically within the wholesale channel and surplus lines.
• Experience: A minimum of 8 years of direct experience in complex Property underwriting, demonstrating a clear progression through positions of increasing responsibility and technical knowledge.
• Skills: Exceptional oral and written communication abilities, proficient in Microsoft Office (Word, Excel), strong analytical and organizational capabilities, and proven marketing and relationship-building skills.
• Bonus: A four-year college degree and/or a CPCU or similar professional designation is preferred. Candidates should also be team-oriented and enjoy a flexible and spontaneous business environment with a strong desire to succeed.