Executive Underwriter Excess Casualty
Executive Underwriter Excess Casualty

Executive Underwriter Excess Casualty

London Full-Time 43200 - 72000 £ / year (est.) No home office possible
Markel

At a Glance

  • Tasks: Underwrite and evaluate global excess casualty submissions while collaborating with brokers and clients.
  • Company: Join Markel Group, a Fortune 500 company with over 30 years of success in insurance.
  • Benefits: Enjoy a competitive salary, annual bonus, and a strong benefits package including private medical cover.
  • Why this job: Be part of a dynamic team shaping the future of excess casualty insurance in a supportive environment.
  • Qualifications: Previous casualty underwriting experience and familiarity with industry policy forms are essential.
  • Other info: Flexible working patterns available; we celebrate diversity and support all backgrounds.

The predicted salary is between 43200 - 72000 £ 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.

Analyze 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 with industry accepted policy forms including Claims Made, Occurrence and Occurrence Reported (Bermuda) forms.

Experience with budgetary accountability and compiling reports for Management.

What\’s in it for you?

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.

Countless opportunities to learn new skills and develop in your career.

Are you ready to play your part? 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.

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.

#J-18808-Ljbffr

Executive Underwriter Excess Casualty employer: Markel

Markel Group is an exceptional employer, offering a dynamic work culture that prioritises collaboration and professional growth. With a strong benefits package, including a generous pension scheme and private medical cover, employees are supported in both their personal and professional lives. Located in London, this role provides the unique opportunity to work with a diverse portfolio of Fortune 1,000 clients while being part of a global community that values innovation and continuous learning.
Markel

Contact Detail:

Markel Recruiting Team

StudySmarter Expert Advice 🤫

We think this is how you could land Executive Underwriter Excess Casualty

✨Tip Number 1

Familiarise yourself with the specific industries mentioned in the job description, such as Chemicals and Pharmaceuticals. Understanding the unique risks and underwriting challenges these sectors face will help you stand out during discussions with the team.

✨Tip Number 2

Network with professionals in the insurance and underwriting field, especially those who have experience with global excess casualty. Attend industry events or webinars to connect with potential colleagues and gain insights into current trends.

✨Tip Number 3

Brush up on your negotiation skills, as this role involves negotiating terms and conditions with brokers. Consider role-playing scenarios with a friend or mentor to build confidence in your negotiation tactics.

✨Tip Number 4

Prepare to discuss your previous underwriting experiences in detail, particularly any relevant cases where you made significant decisions. Highlight how your contributions positively impacted your previous teams or companies.

We think you need these skills to ace Executive Underwriter Excess Casualty

Casualty Underwriting Experience
Global Excess Insurance Knowledge
Negotiation Skills
Policy Documentation Issuance
Mentoring and Development Skills
Cross-Selling Techniques
Product Development Experience
Analytical Skills
Understanding of Industry Accepted Policy Forms
Budgetary Accountability
Report Compilation for Management
Attention to Detail
Communication Skills
Team Collaboration

Some tips for your application 🫡

Understand the Role: Before applying, make sure to thoroughly understand the responsibilities and requirements of the Executive Underwriter Excess Casualty position. Familiarise yourself with the key skills mentioned in the job description, such as previous casualty underwriting experience and knowledge of industry-accepted policy forms.

Tailor Your CV: Customise your CV to highlight relevant experience and skills that align with the job description. Emphasise your underwriting experience, particularly in global excess insurance risk classes, and any specific achievements that demonstrate your capability in this area.

Craft a Compelling Cover Letter: Write a cover letter that not only outlines your qualifications but also reflects your enthusiasm for the role and the company. Mention how your values align with those of Markel Group, such as striving for better and making a meaningful difference.

Proofread Your Application: Before submitting your application, carefully proofread all documents for spelling and grammatical errors. A polished application demonstrates attention to detail, which is crucial in underwriting roles.

How to prepare for a job interview at Markel

✨Know Your Underwriting Guidelines

Familiarise yourself with the underwriting guidelines and authority specific to global excess casualty submissions. Be prepared to discuss how your previous experience aligns with these guidelines and how you can apply them in real-world scenarios.

✨Understand the Industry Landscape

Research the various industrial sectors mentioned in the job description, such as Chemicals, Pharmaceuticals, and Healthcare. Being knowledgeable about these sectors will help you demonstrate your understanding of the risks involved and how to effectively underwrite them.

✨Prepare for Negotiation Scenarios

Since the role involves negotiating with brokers on premium, terms, and conditions, practice your negotiation skills. Think of potential scenarios you might encounter and how you would approach them to achieve a win-win outcome.

✨Showcase Your Mentoring Skills

The role includes developing and mentoring other underwriters. Be ready to share examples of how you've successfully mentored others in the past or how you plan to contribute to team development in this new role.

Executive Underwriter Excess Casualty
Markel
Location: London

Land your dream job quicker with Premium

You’re marked as a top applicant with our partner companies
Individual CV and cover letter feedback including tailoring to specific job roles
Be among the first applications for new jobs with our AI application
1:1 support and career advice from our career coaches
Go Premium

Money-back if you don't land a job in 6-months

>