Head of Construction Underwriting in Manchester
Head of Construction Underwriting

Head of Construction Underwriting in Manchester

Manchester Full-Time 43200 - 72000 £ / year (est.) No home office possible
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At a Glance

  • Tasks: Lead the underwriting strategy for construction products and drive profitable growth.
  • Company: Join Markel, a Fortune 500 company with a collaborative culture.
  • Benefits: Competitive salary, generous bonuses, and extensive benefits package.
  • Why this job: Make a real impact in a key leadership role within a growing team.
  • Qualifications: Proven underwriting experience and strong communication skills required.
  • Other info: Flexible working options and opportunities for career development.

The predicted salary is between 43200 - 72000 £ per year.

We are looking for our new Head of Construction Underwriting here at Markel! Join us and play your part in something special!

The opportunity:

It’s an exciting time to join Markel as our business grows and we currently have a great opportunity for a Head of Construction Underwriting to join our highly respected team (3 days in the office / 2 days from home). This exciting opportunity is based within our UK Underwriting division, reporting into our Underwriting Director and will play a pivotal part in our ambitious growth targets out to 2030. The role can be located at any of our offices – Manchester, Leeds, Birmingham, London, Croydon. This is a key role within the Underwriting Leadership team, helping set and deliver the underwriting strategy for the UK National Markets business, with a focus on being Head of a specific product for the UK. The role will support marketing promotion and launch of new products and support sales in strategic broker opportunities. The individual will work closely with the wider underwriting leadership team to monitor and manage product profitability and support on referrals in accordance with delegated underwriting authorities and overseeing a current team of three.

What you’ll be doing:

  • Responsible for the specification, pricing and launch of new products in accordance with specific product line and the ongoing pricing and management of existing products
  • Review, modify and track appetite changes to facilitate profitable growth in accordance with target combined ratios
  • Work with the actuarial function and underwriting colleagues to develop appropriate and proportionate pricing models
  • Support Sales function in achieving our top line targets. Find ways to improve how we underwrite our business including making ease of trading simpler and empowering underwriters to be able to write more business
  • Accountable for referrals for own product line in accordance with Delegated underwriting authorities.
  • Work as part of the Underwriting team to help build skills, product knowledge and capability across the underwriting function
  • Monitor and report activities and provide timely and relevant management information
  • Role model the Markel Style and contribute to product leadership across the business, working with colleagues across Markel International
  • Liaise with central underwriting operations where required for governance or reinsurance

Our must haves:

  • A successful personal history of underwriting the relevant class of business over a number of years in the UK retail broker market
  • Demonstrable track record in delivering profitable results in that class, over multiple years
  • A good understanding of the regulatory obligations for underwriting and distribution of insurance products
  • A strong technical knowledge of relevant class coverage and market dynamics which can be leveraged or need mitigating
  • Experience in development and management of product pricing models
  • Work well as part of a cross functional team delivering new propositions to market along with sales, marketing and actuarial
  • Strong and proactive communication skills

Who we are:

Markel Corporation (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’s in it for you:

  • A great starting salary plus generous annual bonus & strong benefits package...
  • 25 days paid holiday plus Bank Holidays, with the opportunity to buy / sell extra leave
  • Fantastic company pension scheme, private medical and dental cover, life assurance, travel insurance cover, income protection, season ticket loan as well as other great benefits on offer
  • There are countless opportunities to learn new skills and develop in your career, and we can provide the support needed to do just that!

Markel celebrates 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 are an equal opportunity employer and value diversity at our company. We do not discriminate on the basis of race, religion, colour, national origin, sex, gender, gender expression, sexual orientation, age, marital status, veteran status, or disability status. We will ensure that individuals with disabilities are provided with all 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 that may be needed. This includes any alternative formats of any documents or information on how to apply offline.

Head of Construction Underwriting in Manchester employer: Markel Corporation

Markel is an exceptional employer that prioritises employee growth and development, offering a supportive work culture where collaboration and innovation thrive. With a competitive salary, generous benefits package, and flexible working arrangements, employees can enjoy a healthy work-life balance while contributing to the ambitious goals of our UK Underwriting division. Join us in Manchester, London, Birmingham, or Croydon, and be part of a diverse team that values your unique contributions and fosters a sense of belonging.
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Contact Detail:

Markel Corporation Recruiting Team

StudySmarter Expert Advice 🤫

We think this is how you could land Head of Construction Underwriting in Manchester

✨Tip Number 1

Network like a pro! Reach out to your connections in the industry, attend relevant events, and don’t be shy about letting people know you’re on the lookout for opportunities. You never know who might have the inside scoop on a job opening!

✨Tip Number 2

Prepare for interviews by researching the company and its culture. Understand their products and how they fit into the market. This will help you tailor your answers and show that you’re genuinely interested in being part of their team.

✨Tip Number 3

Practice makes perfect! Conduct mock interviews with friends or use online resources to refine your responses. Focus on articulating your experience in underwriting and how it aligns with the role at Markel.

✨Tip Number 4

Don’t forget to apply through our website! It’s the best way to ensure your application gets seen. Plus, it shows you’re serious about joining Markel and ready to play your part in our exciting journey.

We think you need these skills to ace Head of Construction Underwriting in Manchester

Underwriting Strategy Development
Product Pricing Models
Regulatory Knowledge
Market Dynamics Understanding
Cross-Functional Team Collaboration
Communication Skills
Product Launch Management
Profitability Analysis
Sales Support
Team Leadership
Analytical Skills
Risk Assessment
Broker Relationship Management
Project Management

Some tips for your application 🫡

Tailor Your CV: Make sure your CV is tailored to the Head of Construction Underwriting role. Highlight your relevant experience in underwriting and any successful projects you've led. We want to see how you can contribute to our ambitious growth targets!

Craft a Compelling Cover Letter: Your cover letter is your chance to shine! Use it to explain why you're the perfect fit for this role at Markel. Share your passion for underwriting and how your skills align with our goals. Remember, we love a good story!

Showcase Your Achievements: Don’t just list your responsibilities; showcase your achievements! Quantify your successes in previous roles, especially those related to profitable results and product development. We’re all about results here at Markel!

Apply Through Our Website: We encourage you to apply through our website for a smooth application process. It’s quick and easy, and it helps us keep track of your application. Plus, we can’t wait to learn more about you!

How to prepare for a job interview at Markel Corporation

✨Know Your Numbers

As a Head of Construction Underwriting, you'll need to demonstrate your strong technical knowledge and experience in pricing models. Brush up on your past successes and be ready to discuss specific figures that showcase your ability to deliver profitable results.

✨Understand the Market Dynamics

Familiarise yourself with the current trends and challenges in the UK retail broker market. Be prepared to discuss how these dynamics affect underwriting strategies and how you can leverage your understanding to contribute to Markel's growth targets.

✨Showcase Your Leadership Skills

This role involves leading a team and working cross-functionally. Think of examples where you've successfully led teams or projects, and be ready to share how you can build skills and product knowledge within the underwriting function at Markel.

✨Communicate Proactively

Strong communication skills are a must for this position. Practice articulating your thoughts clearly and confidently, especially when discussing complex topics like regulatory obligations and product launches. This will help you stand out as a proactive candidate.

Head of Construction Underwriting in Manchester
Markel Corporation
Location: Manchester

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