Underwriter, Surety

About the role

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!

Primary Responsibilities

• 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.

Requirements

• Bachelor's degree required
• 3-4 years experience in Contract Surety Underwriting
• Experience producing and underwriting business from assigned agents/brokers
• Continuous management of book of business (maintains quality business)
• Direct responsibility for agency development and management, including agency visits
• Knowledgeable in contract review including bond forms, riders, and indemnity agreements
• Understands and executes strategies to produce quality results
• Open to travel 20%

Qualifications

Experience in Contract Surety Underwriting, Bachelor's degree required, 3-4 years experience, open to travel 20%, knowledge of required and normal ratios, risks associated with various types of construction activities, competition’s underwriting attitudes and industry norms for all issues.

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, knowledge of contract review including bond forms, riders, and indemnity agreements, ability to execute strategies to produce quality results, open to travel 20%.

Benefits

Competitive benefit programs that help meet our diverse and changing environment as well as support our employees' needs at all stages of life. Options include health, dental, and vision insurance plans, optional life, disability, and AD&D insurance, a 401(k) with employer match contributions, an Employee Stock Purchase Plan, paid time off, 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 salary for the position is $74,320 - $102,190 with a 20% bonus potential.