Underwriter / Senior Underwriter, Energy
Markel
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! 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 Energy & Power Division writes a broad portfolio of upstream, midstream, downstream, renewable energy and power risks on a global basis. Our current team has 28 employees across four office locations in London, Texas, the UAE and Singapore and our commitment to technical underwriting supports our decision making alongside experienced engineering expertise. Markel’s customers are the most valuable stakeholders in the value chain and we work closely with our claims team to deliver the best possible experience. A great emphasis is placed on long term partnerships with both brokers and assureds and we travel extensively to build and maintain distribution networks and client relationships across the Globe. We pride ourselves on a collaborative team mentality and have a strong support structure in place to help all associates achieve their goals. We are an established leader in our selected segments and target leadership across our full offering. We write business on both Syndicate 3000 paper at Lloyd’s and through Markel International Insurance Company Limited, and on Evanston Insurance Company paper on a non-admitted/surplus lines basis in the US.What you’ll be doing:Work with the Head of 1st Party Energy in the US and our energy colleagues to underwrite onshore energy risks in the North American market in order to build a long-term profitable business.Working alongside our existing Mid & Downstream product leaders to underwrite and manage a portfolio of onshore energy and associated downstream property. Demonstrate sound underwriting judgement whilst continuously scrutinizing performance against plan and adjust approach as requiredDevelop and maintain strong relationships with key stakeholders internally and with broker counterparts externallyConduct thorough and regular whole-account assessments and make informed underwriting decisions steering the portfolio towards constant profitability.Monitor aggregates, including catastrophe management, within corporate thresholds and maximum capacities whilst technically rating premium data on the company systems.Prioritize customer experience with best-in-class response times to all stakeholdersEnsure compliance with company policies, procedures, and regulatory requirements.Champion continuous development of future associates to ensure all team members reach their potential. Help recruit, develop, mentor and provide performance feedback to direct reports.Be active in marketing onshore energy products, including domestic travel and any international as requiredAct as a conduit to the International team for input from Brokers, Underwriters and external marketing teams to develop compelling growth propositionsEnsure all new and existing products comply with both legal and regulatory requirementsWhat we’re looking for:4+ years of relevant industry experience, including education or technical trainingFoundational knowledge of property and business interruption underwriting conceptsExposure to or interest in energy and/or property risks (petrochemical, manufacturing, midstream/downstream), or a background in chemical, industrial, manufacturing, or energy environments (academic or professional)Ability to apply technical knowledge to basic risk assessment and underwriting decisionsStrong communication skills with experience collaborating across teamsInterest in developing expertise in complex property and energy risks across diverse client segments#LI-Hybrid#LI-SYUS Work AuthorizationUS Work Authorization required. Markel does not provide visa sponsorship for this position, now or in the future.Pay information: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. The national average salary range for Sr. Underwriter is $92,880 - $127,710/year with a 25% bonus potential.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 better We enjoy the everyday | We think further What’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 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 Markel.com email addresses. We would also ask that you please report any job employment scams related to Markel to View email address on click.appcast.io. 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 View email address on click.appcast.io. No agencies please.SummaryLocation: Plano TX; Houston TXType: Full time
$99k - $149k
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