Sr. Underwriter, Property

About the role

The primary purpose of this position is to underwrite new business and renewals in a profitable manner and according to authority level and established guidelines. Assigned larger, more important and more complex accounts. Utilize underwriting tools to determine accurate classifications, rates, and premium charges. Understand state laws, including cancellation and non-renewal, within assigned territory to properly transact business within each state. Knowledgeable in coverage forms and policy language; appropriate utilization of forms and exclusions.

Responsibilities

• Review, analyze, accept, and decline Property risks to ensure profitability for Markel.
• Underwrite and select new business that will produce an underwriting profit.
• Manage an existing renewal book and implement corrective measures, as needed, to meet profitability expectations.
• Communicate with regional managers and national product line leaders regarding individual accounts, current and proposed producers, and make recommendations concerning operations, systems and procedures when appropriate.
• Participate in audits and/or underwriting meetings as required.
• Build and maintain quality relationships with key producers while simultaneously monitoring the entire appointed producer base for profitability and production.
• Review forms and pricing of competitors and be able to effectively market the Markel product within the competitive landscape.

Requirements

• Minimum 3+ years current property underwriting expertise.
• Demonstrated technical knowledge and skills reflective of progression of positions with increasing responsibility.
• Demonstrated marketing and relationship building skills.
• Four-year college degree desired and insurance designations a plus.
• Excellent oral and written communication skills.
• Strong analytical and organizational skills.
• Must be a team player that enjoys a flexible and spontaneous business environment.
• 20% travel in the Central Region of the US.

Qualifications

US Work Authorization required. Markel does not provide visa sponsorship for this position, now or in the future.

Skills

Knowledgeable in coverage forms and policy language; appropriate utilization of forms and exclusions.

Benefits

Competitive benefit programs that help meet our diverse and changing environment as well as support our employees’ needs at all stages of life.

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 Sr. Underwriter is $92,880 - $127,710 with 25% incentive.