At a Glance
- Tasks: Underwrite marine and energy portfolios while ensuring profitability and growth.
- Company: Join Markel, a Fortune 500 company with a focus on innovative insurance solutions.
- Benefits: Enjoy a competitive salary, annual bonus, and extensive benefits package.
- Why this job: Make a meaningful impact in the insurance industry and grow your career.
- Qualifications: Experience in insurance, strong analytical skills, and team collaboration.
- Other info: Flexible working options and opportunities for professional development.
The predicted salary is between 36000 - 60000 £ per year.
Portfolio Underwriter – Marine page is loaded## Portfolio Underwriter – Marinelocations: London – UKtime type: Full timeposted on: Posted Todayjob requisition id: R0021385We are seeking a highly motivated and experienced insurance professional to join our Marine & Energy team in London. The ideal candidate will have experience in the insurance industry, preferably within Marine and Energy classes, and will be responsible for portfolio underwriting of Markel’s fast-follow insurance products. This role requires a strong understanding of the London insurance market, excellent analytical skills, and the ability to oversee procedures within and outside the organization. We’re all about people | We win together | We strive for better | We enjoy the everyday | We think further**Who we are:****Business Unit overview:**Markel\’s M&E team is dedicated to providing innovative and tailored insurance solutions to meet the diverse needs of our clients. The Marine and Energy Division is part of a Wholesale group offering services for various specialty lines such as Equine and Livestock, Marine and Energy Liability, Trade Credit, Political Risk, and Surety (TCPRS). Our underwriting teams are known for their expertise in underwriting complex risks and delivering exceptional service. The Energy team focuses on underwriting a wide range of energy risks, including upstream, midstream & downstream energy, Power & Sustainable Energy and Marine liabilities, whilst the Marine short tail team specialises in cargo, specie, hull and war lines. Our team of experienced underwriters is dedicated to providing comprehensive coverage and exceptional service to our clients. The division is led by industry experts who are committed to driving sustainable, profitable growth and strengthening relationships with key stakeholdersPart 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:*** Underwrite Markel’s Fast-Follow marine and energy portfolios, ensuring long term profitability and growth* Build and maintain strong relationships with key stakeholders internally and with broker counterparts externally* Conduct thorough and regular whole-account assessments and make informed underwriting decisions steering the portfolio towards constant profitability.* Collaborate with other underwriters and team members to achieve business objectives efficiently.* Monitor aggregates, including catastrophe management, within corporate thresholds and maximum capacities.* Maintaining accurate capture of aggregation, risk and technically rated premium data on the company systems.* Portfolio Analysis using various software and data analysis systems & reporting on portfolio performance as required* Prioritise customer experience with best-in-class response times to all stakeholders* Ensure compliance with company policies, procedures, and regulatory requirements.* Work within the efficient and effective workflow procedures within the portfolio**Key Skills:*** Experience in the insurance industry, preferably within the marine and energy market.* Strong analytical and decision-making skills.* Demonstrate being an active member of a team and contribute in an open environment with excellent communication and interpersonal skills.* Proficiency in using Microsoft Office Suite and PowerBI portfolio analysis tools* Experience with Cat / Aggregation Management software would be an advantage.* An ACII qualification, or being in the process of obtaining it, would be beneficial.* 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.#LI-DJ1**#LI-Hybrid #PlayYourPartUK** #J-18808-Ljbffr
Portfolio Underwriter – Marine employer: Markel Corporation
Contact Detail:
Markel Corporation Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Portfolio Underwriter – Marine
✨Tip Number 1
Network like a pro! Reach out to your connections in the insurance industry, especially those in marine and energy sectors. A friendly chat can lead to insider info about job openings that aren't even advertised yet.
✨Tip Number 2
Prepare for interviews by brushing up on your knowledge of the London insurance market. Be ready to discuss recent trends and how they impact underwriting decisions. This shows you're not just another candidate; you’re genuinely interested!
✨Tip Number 3
Practice your pitch! You want to convey your experience and skills clearly and confidently. Think about how your background in underwriting aligns with Markel’s goals and be ready to share specific examples.
✨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 team at Markel, where we value every applicant.
We think you need these skills to ace Portfolio Underwriter – Marine
Some tips for your application 🫡
Tailor Your CV: Make sure your CV reflects your experience in the marine and energy insurance sectors. Highlight relevant skills and achievements that align with what we’re looking for in a Portfolio Underwriter.
Craft a Compelling Cover Letter: Your cover letter is your chance to shine! Use it to explain why you’re passionate about this role and how your background makes you a perfect fit for our team at Markel.
Showcase Your Analytical Skills: Since this role requires strong analytical abilities, be sure to include examples of how you've used data analysis in your previous roles. We want to see how you can contribute to our portfolio management!
Apply Through Our Website: We encourage you to apply directly through our website. It’s the best way for us to receive your application and ensures you don’t miss out on any important updates from our team!
How to prepare for a job interview at Markel Corporation
✨Know Your Marine and Energy Stuff
Make sure you brush up on your knowledge of the marine and energy insurance sectors. Familiarise yourself with the latest trends, key players, and specific products that Markel offers. This will show your genuine interest and help you answer questions confidently.
✨Show Off Your Analytical Skills
Since this role requires strong analytical abilities, be prepared to discuss how you've used data analysis in past roles. Bring examples of how you've assessed portfolios or made informed underwriting decisions. This will demonstrate your capability to handle the responsibilities of the position.
✨Build Rapport with Interviewers
Remember, it's not just about answering questions; it's about connecting with your interviewers. Be personable and engage them in conversation. Ask insightful questions about their experiences at Markel and the team dynamics. This can help you stand out as a candidate who fits well within their culture.
✨Prepare for Scenario-Based Questions
Expect to face scenario-based questions that assess your decision-making skills. Think of situations where you had to manage risks or make tough underwriting calls. Practising these scenarios will help you articulate your thought process clearly during the interview.