At a Glance
- Tasks: Underwrite and evaluate global excess casualty submissions while collaborating with a dynamic team.
- Company: Join Markel Group, a Fortune 500 company with a rich history in insurance.
- Benefits: Competitive salary, annual bonus, strong pension scheme, and extensive health coverage.
- Why this job: Make a meaningful impact in a diverse environment with opportunities for professional growth.
- Qualifications: Previous casualty underwriting experience and familiarity with industry policy forms required.
- Other info: Flexible working patterns available, with a focus on personal development and team collaboration.
The predicted salary is between 36000 - 60000 £ per year.
This role’s primary responsibility is to underwrite, analyze and evaluate global excess casualty submissions using underwriting experience, and make underwriting decisions in line with underwriting guidelines and authority. The book is made up of mainly US domiciled Fortune 1,000 type clients operating in a wide range of industrial sectors such as Chemicals, Life Sciences, Rail, Logistics, Healthcare, Retail, Energy, Mining, Automotive and General Manufacturing.
Join an established and highly experienced underwriting team with a mature book of business and a history of over 30 years of success on the London and Dublin Excess Casualty platform. This role offers an outstanding opportunity for a driven underwriter to grow professionally, contribute to a dynamic portfolio, and play a key role in shaping its future within the London market. We’re looking for someone who’s eager to learn, ready to make an impact, and excited to be part of a team with bold plans for expansion and development.
Part of Markel Group (NYSE – MKL), a Fortune 500 company with over 60 offices in 20+ countries, is a holding company for insurance, reinsurance, specialist advisory, and investment operations around the world.
What you’ll be doing:
- Attend underwriting meetings with brokers, prospective and existing clients.
- Grow, expand and develop the existing portfolio of business.
- Negotiate acceptable premiums, terms and conditions.
- Analysis of coverage and contract language based on industry accepted policy forms.
- Ensure the timely and correct issuance of policy documentation.
- Develop and mentor other underwriters on the team, where applicable.
- Enhance cross-sell opportunities through the promotion of the Company's products and services.
- Assist in the development and implementation of new products, where applicable.
- Observe high standards of conduct and take all reasonable steps, both individually and collectively, to avoid causing harm to the standing and reputation of the Markel Group.
- Outline individual performance objectives and evaluate overall performance on an annual basis.
Key Skills:
- Previous casualty underwriting experience required across various industry risk classes.
- Experience of industry accepted policy forms including Claims Made, Occurrence and Occurrence Reported (Bermuda) forms.
- Experience with budgetary accountability and compiling reports for Management.
A great starting salary plus annual bonus & strong benefits package:
- Up to 16% company pension scheme.
- Private medical and dental cover, Menopause plan, emergency care benefit (children/Pets/dependants).
- Income protection, Life assurance, electric car scheme, travel insurance.
- 25 days paid holiday plus Bank Holidays, with the opportunity to buy/sell extra leave.
- As well as other great benefits on offer there are countless opportunities to learn new skills and develop in your career!
If you’re looking for a place where you can make a meaningful difference, you’ve found it. The work we do at Markel gives people the confidence to move forward, reach their full potential and seize opportunities. You’ll find your fit amongst our diverse global community of optimists and problem-solvers. We’re always pushing each other to think further because we believe that when we strive for better and realise our potential, we can help others reach theirs.
Join us and play your part in something special! Choose ‘Apply Now’ to fill out our short application, so that we can find out more about you. At Markel we are all about the people, celebrating the value of a diverse workforce that brings experience and expertise from a wide variety of backgrounds and life circumstances. Whatever your background, if you feel you meet the requirements of this role then we want to hear from you. We are also happy to consider candidates who are looking for flexible working patterns.
We will ensure that individuals are provided with any reasonable accommodations to be able to participate in the job application or interview process and to perform essential job functions if successful. Please contact us via email at rec@markel.com or call us at 0161 507 5827 to request any accommodations or adjustments that may be needed, including alternative formats of documents or information on how to apply offline.
Executive Underwriter Excess Casualty employer: Markel Corporation
Contact Detail:
Markel Corporation Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Executive Underwriter Excess Casualty
✨Tip Number 1
Network like a pro! Reach out to your connections in the industry, attend relevant events, and don’t be shy about introducing yourself. You never know who might have the inside scoop on job openings or can put in a good word for you.
✨Tip Number 2
Prepare for interviews by researching the company and its culture. Familiarise yourself with their recent projects and values. This will help you tailor your responses and show that you’re genuinely interested in being part of the team.
✨Tip Number 3
Practice your pitch! Be ready to explain how your skills and experiences align with the role of Executive Underwriter Excess Casualty. Keep it concise but impactful – you want to leave a lasting impression!
✨Tip Number 4
Don’t forget to apply through our website! It’s the best way to ensure your application gets noticed. Plus, it shows you’re keen on joining our awesome team at Markel. Let’s make it happen!
We think you need these skills to ace Executive Underwriter Excess Casualty
Some tips for your application 🫡
Tailor Your CV: Make sure your CV reflects the skills and experience that match the Executive Underwriter role. Highlight your previous underwriting experience and any relevant industry knowledge to catch our eye!
Craft a Compelling Cover Letter: Your cover letter is your chance to shine! Use it to explain why you're excited about this role and how you can contribute to our team. Be genuine and let your personality come through.
Showcase Your Analytical Skills: Since this role involves analysing global excess casualty submissions, be sure to mention any specific examples of your analytical skills in your application. We love seeing how you've tackled challenges in the past!
Apply Through Our Website: We encourage you to apply directly through our website for a smoother process. It helps us keep track of applications and ensures you don’t miss out on any important updates from us!
How to prepare for a job interview at Markel Corporation
✨Know Your Underwriting Basics
Before the interview, brush up on your knowledge of casualty underwriting and the specific policy forms mentioned in the job description. Familiarise yourself with Claims Made, Occurrence, and Occurrence Reported forms, as well as the nuances of underwriting for various industries like Chemicals and Healthcare.
✨Prepare Real-World Examples
Think of specific instances from your past experience where you successfully negotiated terms or made impactful underwriting decisions. Be ready to discuss these examples during the interview to demonstrate your expertise and problem-solving skills.
✨Show Enthusiasm for Team Growth
This role involves mentoring other underwriters, so express your eagerness to contribute to team development. Share any previous experiences where you’ve helped colleagues grow or how you plan to foster a collaborative environment.
✨Research the Company Culture
Understand Markel Group's values, such as 'we win together' and 'strive for better'. During the interview, align your answers with these principles to show that you’re not just a fit for the role, but also for the company culture.