Executive Underwriter Excess Casualty
Executive Underwriter Excess Casualty

Executive Underwriter Excess Casualty

Full-Time 36000 - 60000 £ / year (est.) No home office possible
Markel

At a Glance

  • Tasks: Underwrite and evaluate global excess casualty submissions while collaborating with a dynamic team.
  • Company: Join Markel Group, a Fortune 500 company with a rich history in insurance and reinsurance.
  • Benefits: Competitive salary, annual bonus, strong benefits, and up to 16% pension scheme.
  • Why this job: Make a meaningful impact in a role that offers growth and professional development opportunities.
  • Qualifications: Previous casualty underwriting experience and familiarity with industry policy forms required.
  • Other info: Flexible working patterns available; we celebrate diversity and support all backgrounds.

The predicted salary is between 36000 - 60000 £ 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.

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.

Executive Underwriter Excess Casualty employer: Markel

Markel Group is an exceptional employer, offering a dynamic work environment in the heart of London where you can thrive as an Executive Underwriter Excess Casualty. With a strong focus on professional growth, competitive salaries, and a comprehensive benefits package, including a generous pension scheme and private medical cover, we empower our employees to make a meaningful impact while enjoying a supportive and inclusive culture. Join our experienced team and be part of a company that values diversity, encourages continuous learning, and is committed to helping you reach your full potential.
Markel

Contact Detail:

Markel Recruiting Team

StudySmarter Expert Advice 🤫

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

✨Tip Number 1

Network like a pro! Reach out to your connections in the insurance industry, especially those who work in underwriting. Attend industry events or webinars to meet potential employers and learn about new opportunities.

✨Tip Number 2

Prepare for interviews by brushing up on your underwriting knowledge. Be ready to discuss your experience with various industry risk classes and how you’ve successfully negotiated terms in the past. Show them you’re the right fit for their team!

✨Tip Number 3

Don’t just apply; engage! When you submit your application through our website, follow up with a friendly email expressing your enthusiasm for the role. It shows initiative and keeps you on their radar.

✨Tip Number 4

Be open to learning and adapting. Highlight your eagerness to grow within the company and contribute to their dynamic portfolio. Employers love candidates who are excited about development and making an impact!

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

Casualty Underwriting Experience
Analytical Skills
Negotiation Skills
Knowledge of Industry Accepted Policy Forms
Budgetary Accountability
Report Compilation
Communication Skills
Mentoring and Development Skills
Cross-Selling Skills
Product Development Experience
Attention to Detail
Decision-Making Skills
Team Collaboration
Adaptability

Some tips for your application 🫡

Tailor Your Application: Make sure to customise your CV and cover letter to highlight your relevant underwriting experience. We want to see how your skills align with the specific requirements of the Executive Underwriter role, especially in excess casualty.

Showcase Your Analytical Skills: Since this role involves analysing and evaluating submissions, be sure to include examples of how you've successfully assessed risks in previous positions. We love seeing concrete examples that demonstrate your analytical prowess!

Highlight Teamwork and Mentorship: This position is all about collaboration and development. Share any experiences where you’ve worked closely with a team or mentored others. We’re keen on candidates who can contribute to our dynamic portfolio and help grow the team.

Apply Through Our Website: Don’t forget to apply through our website! It’s the best way for us to receive your application and ensures you’re considered for the role. Plus, it’s super easy and straightforward—just hit ‘Apply Now’!

How to prepare for a job interview at Markel

✨Know Your Underwriting Basics

Before the interview, brush up on your underwriting knowledge, especially around excess casualty submissions. Familiarise yourself with industry accepted policy forms like Claims Made and Occurrence. This will help you speak confidently about your experience and how it aligns with the role.

✨Research the Company and Its Clients

Take some time to understand Markel Group and its position in the market. Look into their portfolio, especially the types of clients they work with, such as Fortune 1,000 companies across various sectors. This knowledge will show your genuine interest and help you tailor your responses.

✨Prepare for Scenario-Based Questions

Expect questions that ask you to analyse specific underwriting scenarios or challenges. Think of examples from your past experience where you successfully negotiated terms or made critical decisions. Use the STAR method (Situation, Task, Action, Result) to structure your answers.

✨Show Your Team Spirit

Since this role involves mentoring and collaborating with other underwriters, be ready to discuss your teamwork experiences. Highlight instances where you contributed to a team’s success or helped develop others. This will demonstrate that you’re not just a great underwriter but also a valuable team player.

Executive Underwriter Excess Casualty
Markel

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

>