At a Glance
- Tasks: Lead underwriting for Marine and Energy, mentor colleagues, and develop broker relationships.
- Company: Join Markel Group, a Fortune 500 leader in insurance and reinsurance.
- Benefits: Competitive salary, annual bonus, strong pension scheme, and comprehensive health benefits.
- Other info: Enjoy 25 days holiday and a supportive work environment focused on professional growth.
- Why this job: Make an impact in a dynamic industry while shaping innovative insurance solutions.
- Qualifications: Strong experience in marine or energy liability underwriting and excellent relationship management skills.
The predicted salary is between 60000 - 80000 £ per year.
The Senior Marine and Energy Liability Underwriter will be responsible for demonstrating a deep understanding of the industry in which we operate. The role involves acting as a referral point for underwriters on more complex risk, giving team support, direction and mentoring colleagues using expertise and experience.
The newly created Specialty Division underwrites a portfolio of business in the areas of International Casualty, Trade Credit, Political Risk, Surety, Equine and Livestock, Marine and Energy Liability, and Transport & Logistics on a world-wide basis. We are leaders across our chosen areas and require a commitment to technical expertise and accuracy to maintain this leadership role. A great emphasis is placed on the relationship between the insured and insurer with a focus on meeting clients and producers in their home territories.
Responsibilities:
- Help in raising the profile of Markel and the team in Marine and Energy Liability.
- Demonstrate a strategic and structured approach to broker development, communicate the Markel story to brokers and customers in a compelling and credible way that supports the brand.
- Create and provide Thought Leadership for the Marine and Energy Liability Team.
- Work with Actuaries, creating strategy for the portfolio.
- Collaborate with Markel claims colleagues on broker and customer meetings to maximise business development opportunities, studying claims trends and losses to further our Underwriting approach.
- Challenge wordings/clauses, lead in navigating the complexities of drafting & amending wordings/clauses, and raise concerns to the Director of Marine and Energy Liability.
- Contribute to innovation within the product suite providing expert input into the creation of new products and proactive input into the refinement of existing products or services relating to the product.
- Regularly analyse competitors’ products, capabilities and appetite and share within the team.
- Proactively develop, own and enhance our customer offering within Marine and Energy Liability, actively engaging with customers to identify their needs and provide solutions to problems.
- Take the lead in developing and managing key broker relationships, actively leading and managing pipelines for the team.
- Influence brokers and advance Markel’s interests through strong interpersonal and presentation skills.
- Identify new distribution and Delegated/Cover holder opportunities and where appropriate implement them.
- Manage renewal book of business in line with appetite and strategy, including combined ratio targets.
Key Skills:
- Strong experience of marine or energy liability underwriting.
- Underwriting Insights and Risk Acceptance.
- Portfolio Management.
- Underwriting Data Analysis.
- Actuarial Concepts.
- Claims Service and Data Analysis.
- Wording Comprehension and Improvement.
- Excellent relationship management skills.
Benefits:
- 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.
Senior Underwriter Marine and Energy in London employer: Markel International
Markel Group is an exceptional employer, offering a dynamic work environment that fosters professional growth and collaboration within the Specialty Division. With a strong emphasis on technical expertise and innovation, employees benefit from a comprehensive benefits package, including a generous pension scheme and private medical cover, while enjoying a culture that prioritises relationship-building and client engagement in the Marine and Energy Liability sector. Located in a global hub with access to diverse opportunities, Markel provides a platform for meaningful contributions and career advancement.
StudySmarter Expert Advice🤫
We think this is how you could land Senior Underwriter Marine and Energy in London
✨Network Like a Pro
Get out there and connect with industry professionals! Attend events, webinars, or even local meet-ups. The more people you know in the marine and energy sector, the better your chances of landing that Senior Underwriter role.
✨Show Off Your Expertise
When you get the chance to chat with potential employers, don’t hold back on showcasing your knowledge. Discuss recent trends in marine and energy liability, and share your insights on risk management. This will help you stand out as a candidate who truly understands the field.
✨Follow Up After Interviews
After any interview, make sure to send a quick thank-you note. It’s a simple way to show appreciation and keep yourself fresh in their minds. Mention something specific from the conversation to remind them why you’re the perfect fit for the team.
✨Apply Through Our Website
Don’t forget to apply directly through our website! It’s the best way to ensure your application gets seen by the right people. Plus, it shows you’re genuinely interested in being part of the Markel family.
We think you need these skills to ace Senior Underwriter Marine and Energy in London
Some tips for your application 🫡
Show Your Expertise:Make sure to highlight your deep understanding of marine and energy liability in your application. We want to see how your experience aligns with the role, so don’t hold back on showcasing your skills and knowledge!
Tailor Your Application:Customise your CV and cover letter to reflect the specific requirements of the Senior Underwriter position. Use keywords from the job description to demonstrate that you’re the perfect fit for our team at StudySmarter.
Be Personable:We value strong interpersonal skills, so let your personality shine through in your written application. Share examples of how you've built relationships in the past, especially in a broker or client context.
Apply Through Our Website:For the best chance of success, make sure to apply directly through our website. This way, we can easily track your application and ensure it gets the attention it deserves!
How to prepare for a job interview at Markel International
✨Know Your Stuff
Make sure you have a solid understanding of marine and energy liability underwriting. Brush up on the latest trends, regulations, and challenges in the industry. Being able to discuss these topics confidently will show that you're not just interested in the role but are also knowledgeable about it.
✨Showcase Your Relationship Skills
Since this role involves managing key broker relationships, be prepared to share examples of how you've successfully built and maintained professional relationships in the past. Highlight your interpersonal skills and how they’ve helped you influence outcomes in previous roles.
✨Prepare for Technical Questions
Expect to face technical questions related to underwriting insights, risk acceptance, and portfolio management. Review your past experiences and be ready to discuss specific cases where you applied your expertise to solve complex problems or improve processes.
✨Demonstrate Your Strategic Thinking
The role requires a strategic approach to broker development and product innovation. Think of examples where you've contributed to strategy in your previous positions. Be ready to discuss how you can apply this strategic mindset to enhance Markel’s offerings in marine and energy liability.
