Underwriting DirectorSenior Director Property Northeast
$177.1k - $368.9kMarkel
What part will you play If youre looking for a place where you can make a meaningful difference youve found it.
The work we do at Markel gives people the confidence to move forward and seize opportunities and youll find your fit amongst our global community of optimists and problem-solvers. Were 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 lead and implement the strategic development and execution of organizational goals and objectives. Exhibit extensive knowledge of the insurance industry and business operations across all product lines with proven success with new product and new business development. Provide leadership direction and support to underwriting teams and/or direct reports. Is responsible for underwriting profitability growth and retention of new and renewal business that is consistent with underwriting strategies. Manage territorial underwriting functions to achieve profit revenue loss ratio and expense targets. Ensure effective execution of Best conjunction with the Regional President and PLL Leadership delegate underwriting authority to staff via letters of authority; monitor and revise as appropriate. Ensure a quality underwriting work product is produced consistent with letters of authority underwriting strategy standards and process. Provide coaching and training for underwriting staff based on results of underwriting audit review. Works with the Dir Operations to ensure that all processing and service standards are met. Communicate identified agency production training or quality issues to Marketing. Develop and maintain relationships with internal resources (PLL Claim Premium Audit etc.) to coordinate the services to customers. Demonstrates the ability to build partnerships with other business groups and identifies and delivers agency and product solutions. Maintains an understanding of all Markel products services and solutions and initiates discussions with other business units as appropriate.Strategy
- Develop and execute regional business underwriting and marketing strategies in coordination with Regional Product Lead and Product Line Leadership.
- Manage underwriting activities to meet profit premium production loss ratio expense growth revenue and retention objectives.
- Drive practical change and innovation adjusting priorities as business needs evolve.
Underwriting and Portfolio Management
- Underwrite new and renewal primary and excess property business within delegated authority and established rules rates forms guidelines and philosophy.
- Guide risk selection and pricing across small middle market and large property risks.
- Review unusual or complex risks identify needed research consult leadership and approve risks above an underwriters authority when within this roles authority.
People Leadership
- Lead property underwriters and underwriting support staff balancing workloads and staffing needs.
- Build a professional accountable collaborative team culture.
- Coach and develop associates in underwriting marketing broker management and relationship skills; provide career planning feedback training and performance evaluation.
Quality Operations and Service
- Monitor unit performance and underwriting quality through periodic audits.
- Ensure work products align with letters of authority strategy standards and processes and provide targeted coaching based on underwriter results.
Collaboration and Market Relationships
- Build and maintain productive significant relationships with wholesale brokers and other customers.
- Manage underwriters to achieve required broker results.
- Work with the Regional Product Lead to coordinate solutions with Actuarial Product Leadership Claims Business Development IT and other workgroups.
Qualifications
- Bachelors degree preferred; CPCU designation preferred.
- Approximately 15 years of property underwriting experience required including significant expertise with all risk segment sizes wholesale brokers primary and excess deals manuscript policies and reinsurance agreements and CAT modeling.
- Demonstrated experience managing and mentoring underwriters and support staff.
- Strong technical judgment in risk selection pricing and property underwriting decisions.
- Strong broker relationships along with customer service communication analytical and time-management skills.
- Proficiency with Microsoft Office CAT modeling systems and other underwriting systems. CoPilot experience or other AI systems experience is a plus.
- Ability to manage multiple priorities in a flexible business environment and travel approximately 25% when appropriate.
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US Work Authorization
US Work Authorization required. Markel does not provide visa sponsorship for this position now or in the future.
Pay information:
The salary range for the Director Underwriter position is $152600 - $31800 and the Sr. Director Underwriter is $177100-$368900. 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 Companys 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.
Were all about people We win together We strive for better
We enjoy the everyday We think further
Whats 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 email addresses.
We would also ask that you please report any job employment scams related to Markel to .
Markel 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 .
No agencies please.
Required Experience:
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