Associate Underwriting Manager/Underwriting Manager Cyber/E&O
About the role
The position reports to the Regional Product Leader or Director/Sr. Director of Cyber/E&O and is responsible for managing a team of commercial production underwriters and executing organizational goals and objectives.
Responsibilities
- Ensure effective execution of strategic plans in conjunction with the Regional Product Leader, Director/Sr. Director of Cyber/E&O and Product Line Leadership.
- Adhere to the rules, rates, forms, authority and underwriting guidelines as delegated by Product Line Leadership group.
- Execute distribution strategy as provided by Product Line Leadership group.
- Responsible for goals and metrics for region and assigned product line group.
- Support sales and marketing of product.
- Recruit, train, develop and mentor underwriting talent, including building a staff capable of effectively carrying out assignments and specific goals and recommends effective personal actions when needed.
- Build and maintain strong working relationships across workgroups with flexibility to change direction quickly based on business needs.
- Responsible for evaluating procedures and practices and implementing changes to improve workflows; ensures all business transactions and practices within span of control comply with all legal regulations and are in compliance with all underwriting policies and procedure.
- Maintain an understanding of assigned product(s), services and solutions and initiates discussions with other workgroups as appropriate.
- Drive change and innovation through continually seeking and implementing transformational solutions for customers and our associates.
Requirements
- Bachelor’s degree preferred;
- 5 – 10 years of cyber/tech/e&o underwriting;
- Demonstrated aptitude to manage people and projects;
- Proven ability to make sound underwriting decisions;
- Strong organizational skills with the ability to handle multiple tasks simultaneously;
- Ability to achieve business goals and objectives;
- Demonstrated sales, marketing and relationship management skills.
Qualifications
- Bachelor’s degree preferred;
- 5 – 10 years of cyber/tech/e&o underwriting;
- Demonstrated aptitude to manage people and projects;
- Proven ability to make sound underwriting decisions;
- Strong organizational skills with the ability to handle multiple tasks simultaneously;
- Ability to achieve business goals and objectives;
- Demonstrated sales, marketing and relationship management skills.
Skills
- Effective communication and interpersonal skills;
- Strategic planning and implementation;
- Project management;
- Underwriting decision-making;
- Team leadership and development;
- Product knowledge and market understanding;
- Customer service and relationship management.
Benefits
Markel offers 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.
Pay
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 the Associate Underwriting Manager position is $104,480 - $143,660/year with a 30% incentive, the Underwriting Manager position is $114,080 - $159,610/year with a 30% incentive.