Jobs · Sales · New York

Underwriting Manager, Property

Markel · New York, NY · 2 mo ago
Sales$116k–$160k/yrFull-time

About the role

The primary purpose of this position is to manage the day-to-day work activities of a group of property underwriters and underwriting support staff who are driven by a sense of hard work, and a pursuit of excellence laid out by the Markel Style. This position will work closely with the Northeast Leadership team and Product Line Leadership team to develop and execute on business and marketing strategies within an established geographic territory.

Responsibilities

  • Work closely with the Northeast Leadership team and Product Line Leadership team to develop and execute on business and marketing strategies within an established geographic territory.
  • Balance the team's workloads and maintain appropriate staffing levels.
  • Underwrite new and renewal business in a profitable manner, according to authority level, and established guidelines which are in compliance with the company’s underwriting philosophy.
  • Address career and training needs on an individual basis.
  • Communicate effectively and ensure team has been adequately updated on matters relating to workflow or procedural changes.
  • Oversee the overall quality of the unit’s performance and measures the underwriting team expertise through periodic audits.
  • Review unusual risks. Based on complexity, determine what additional research is required. Prepare appraisal of risk within their delegated authority and approve risks that exceed their teams authority that remain within their delegated authority.
  • Consult and collaborate with Regional Product Lead or PLL on course of action.

Requirements

  • Bachelor’s degree preferred;
  • 5-8 years of Wholesale Property Underwriting experience with a significant amount in the Small to Middle Market;
  • Demonstrated aptitude to manage people and projects with a minimum of 2+ years managing underwriters;
  • 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 skill;
  • CPCU designation preferred.

Qualifications

  • US Work Authorization required.

Skills

  • Excellent communication and interpersonal skills;
  • Strong organizational and time management skills;
  • Ability to make sound underwriting decisions;
  • Knowledge of property insurance products and regulations;
  • Ability to work independently and as part of a team;
  • Ability to manage workload and prioritize tasks;
  • Ability to communicate effectively with clients and colleagues;
  • Ability to analyze data and make informed decisions.

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 Underwriting Manager position is $116,080 - $159,610 with 30% incentive.

Schedule

Full-time position.

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