At a Glance
- Tasks: Underwrite complex Professional and Management risks while building strong broker relationships.
- Company: Join Markel, a Fortune 500 company with a collaborative culture.
- Benefits: Great salary, quarterly bonuses, 25 days holiday, and comprehensive benefits package.
- Why this job: Be part of a dynamic team driving growth in the insurance industry.
- Qualifications: Proven underwriting experience and excellent communication skills required.
- Other info: Flexible working options and opportunities for career development.
The predicted salary is between 28800 - 48000 £ per year.
Join us and play your part in something special!
The opportunity:
We have an exciting brand-new opportunity for an Underwriter – PMR/Financial Lines to join the Markel team. The role involves hybrid working and can be based from any of our UK offices across either Manchester, Leeds or Birmingham. It’s an exciting time to join Markel, and we are investing in Financial Lines Underwriters to join the Markel team. The role of the Underwriter is to support growth of our Financial Lines portfolio and to work with our Underwriting and Distribution teams to further enhance our growth plans.
We arrange our business into five channels, with the NMUK Broker Channel the largest and fastest growing of all our UK business areas. Our broker engagement and subsequently pipeline and new business volumes have increased exponentially. In order to focus on delivering exceptional support and ensure delivery on our growth ambitions, we segment the UK broker population into three categories: strategic, key and development and Connect. The Underwriter is required to build and maintain strong broker relationships, and provide excellent service to brokers. They will be required to underwrite complex Professional and Management risks including Technology.
What you’ll be doing:
- Provide and maintain a good level of underwriting, demonstrate a thorough knowledge of company guidelines and authority levels, including the Markel process and procedure guides in order to achieve profitability objectives.
- Underwrite complex new business within the defined underwriting authority working towards agreed financial targets.
- Actively manage and provide an efficient new business service to brokers to maintain good relationships and to achieve best outcome and win business.
- Demonstrate our capabilities to ensure Markel is a preferred provider of insurance for PMR.
- Maintain broker data on the CRM system to ensure it is up to date and accurate.
- Work with team to identify and secure prospects and opportunities from your broker panel recording on the CRM system in accordance with the CRM Working Practices guide.
- Promote a coaching and mentoring culture which provides both challenge and support to each team member in the pursuit of a consistent and high quality underwriting service and approach.
- Developing pipeline with partner brokers to drive growth.
- Work closely with internal partners to deliver the right outcomes for allocated brokers and their customers.
We are looking for challenging, motivated and success orientated individuals who bring expertise and a desire to build a market leading business.
Our must haves:
- Proven relevant underwriting experience in an underwriting role and demonstrable technical skills.
- Professional Indemnity underwriting experience is essential for this role!
- Track record in building and developing broker relationships, achieving targets.
- Have excellent communication skills.
- Demonstrable IT skills including MS Office, Word, PowerPoint & CRM and show willingness to learn our systems.
- Proven ability to win business whilst maintaining underwriting field.
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 quarterly 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.
Underwriter - Professional & Management Risks in Manchester employer: Markel Corporation
Contact Detail:
Markel Corporation Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Underwriter - Professional & Management Risks in Manchester
✨Tip Number 1
Network like a pro! Reach out to your connections in the industry, attend events, and engage with professionals on LinkedIn. Building relationships can open doors that a CV just can't.
✨Tip Number 2
Prepare for interviews by researching the company and understanding their values. Tailor your responses to show how your experience aligns with their goals, especially in underwriting complex risks.
✨Tip Number 3
Practice makes perfect! Conduct mock interviews with friends or mentors to refine your answers and boost your confidence. The more you practice, the more natural it will feel when it counts.
✨Tip Number 4
Don't forget to follow up after interviews! A simple thank-you email can leave a lasting impression and show your enthusiasm for the role. Plus, it keeps you on their radar!
We think you need these skills to ace Underwriter - Professional & Management Risks in Manchester
Some tips for your application 🫡
Tailor Your CV: Make sure your CV is tailored to the Underwriter role. Highlight your relevant underwriting experience and any specific skills that match the job description, like Professional Indemnity underwriting. We want to see how you fit into our team!
Craft a Compelling Cover Letter: Your cover letter is your chance to shine! Use it to explain why you're passionate about underwriting and how your background aligns with our goals at Markel. Keep it engaging and personal – we love to see your personality come through!
Showcase Your Broker Relationships: Since building strong broker relationships is key for this role, make sure to mention any relevant experiences you've had in this area. We want to know how you've successfully managed these relationships in the past!
Apply Through Our Website: Don't forget to apply through our website! It’s the easiest way for us to receive your application and ensures you’re considered for the role. Plus, it helps us keep everything organised on our end!
How to prepare for a job interview at Markel Corporation
✨Know Your Underwriting Stuff
Make sure you brush up on your underwriting knowledge, especially around Professional Indemnity. Familiarise yourself with Markel's guidelines and procedures so you can confidently discuss how you would approach complex risks during the interview.
✨Build Broker Relationships
Prepare examples of how you've successfully built and maintained broker relationships in the past. Think about specific strategies you've used to engage brokers and how you’ve achieved targets through these relationships.
✨Show Off Your Tech Skills
Since the role requires demonstrable IT skills, be ready to talk about your experience with MS Office, CRM systems, and any other relevant software. You might even want to mention how you've used technology to improve efficiency in your previous roles.
✨Communicate Clearly
Excellent communication is key for this role. Practice articulating your thoughts clearly and concisely. Consider doing mock interviews with a friend to refine your ability to explain complex concepts in an easy-to-understand way.