Senior Underwriter, Surety
Primary responsibilities
- Independently underwrite contract bonds adhering to Markel Surety’s underwriting philosophy, appropriately assessing the risk presented and properly managing that risk.
- Conduct all forms of marketing to strategically build a profitable book in a designated territory.
What You'll Be Doing
- Assigned larger and more important agents/brokers
- Consistently achieves budgeted financial results through superior service, account retention and responsiveness to new business submissions
- Considers different approaches towards risks based upon class of business
- Participates on projects having an impact on the business
- Identifies and captures new business opportunities
- Able to create tactical sales plans; track results and execute necessary corrective action
- Open to regular visits to agents
What We're Looking For
- Bachelor’s degree preferred
- Incumbent should have completed 3 - 5 years in an underwriting capacity
- Qualified candidate has demonstrated a solid understanding of contract and subdivision bond underwriting
- Ability to write and articulate in a concise and clear manner to convey complex information
- Underwrites for profitable premium growth
- Associate learns the nuances of the surety rate manual
- Under minimal supervision makes quick sound decisions and negotiates terms and conditions consistent with underwriting authority limits, standards and within submission timeframes
- Self-sufficient with demonstrated ability to overcome obstacles
- Takes ownership and responsibility for decisions and outcomes
- Provides guidance and coaching to others
- Assigned larger and more important agents/brokers
Who We Are
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’s In It For You
- Competitive benefit programs
- Health, dental and vision insurance plan options
- Optional life, disability, and AD&D insurance
- 401(k) with employer match contributions
- Employee Stock Purchase Plan
- PTO, corporate holidays and floating holidays
- Parenthood leave
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.com email addresses. We would also ask that you please report any job employment scams related to Markel to rarecruiting@markel.com.
About the role
US Work Authorization US Work Authorization required. Markel does not provide visa sponsorship for this position, now or in the future.
Skills
Knowledge of required and normal ratios, risks associated with various types of construction activities, competition’s underwriting attitudes and industry norms for all issues. The underwriter is the source for knowledge and information concerning bonding.
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.
Pay
Competitive compensation package.
Schedule
Full-time position.