At a Glance
- Tasks: Lead underwriting for Marine and Energy, mentor colleagues, and develop broker relationships.
- Company: Join Markel, a Fortune 500 company with a global presence and a focus on innovation.
- Benefits: Competitive salary, annual bonus, strong pension scheme, and extensive health benefits.
- Other info: Flexible working options and a commitment to diversity and inclusion.
- Why this job: Make a meaningful impact in a dynamic environment while developing your career.
- Qualifications: 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.
Business Unit overview: 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 worldwide 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. Business is written through both Markel Syndicate 3000 and Markel International Insurance Company Limited.
What you’ll be doing:
- 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 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.
What’s in it for you? A great starting salary plus annual bonus & strong benefits package, including 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. There are 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.
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.
Senior Underwriter Marine and Energy in London employer: Markel
At Markel, we pride ourselves on being an exceptional employer, offering a dynamic work culture that values collaboration and innovation. With a strong focus on employee growth, our comprehensive benefits package includes a generous pension scheme, private medical cover, and ample holiday leave, ensuring our team members are well-supported both personally and professionally. Join us in our newly created Specialty Division, where you can make a meaningful impact in the Marine and Energy Liability sector while being part of a diverse global community that celebrates unique perspectives and fosters continuous learning.
StudySmarter Expert Advice🤫
We think this is how you could land Senior Underwriter Marine and Energy in London
✨Tip Number 1
Network like a pro! Get out there and connect with industry professionals on LinkedIn or at events. The more people you know, the better your chances of landing that Senior Underwriter role.
✨Tip Number 2
Show off your expertise! Prepare to discuss your insights on marine and energy liability during interviews. Bring examples of how you've tackled complex risks in the past to impress the hiring team.
✨Tip Number 3
Practice makes perfect! Conduct mock interviews with friends or mentors to refine your answers. Focus on demonstrating your relationship management skills and strategic thinking.
✨Tip Number 4
Apply through our website! It’s the best way to ensure your application gets noticed. Plus, it shows you're genuinely interested in being part of our team at Markel.
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!
Tailor Your Application:Customise your CV and cover letter to reflect the specific requirements mentioned in the job description. We love it when candidates take the time to connect their experiences with what we’re looking for.
Be Personable:Remember, we’re all about people! Use a friendly tone in your application to show us your personality. We want to know who you are beyond your qualifications.
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!
How to prepare for a job interview at Markel
✨Know Your Stuff
Make sure you have a solid understanding of marine and energy liability underwriting. Brush up on the latest trends, key players, and challenges in the industry. This will not only help you answer questions confidently but also show your passion for the field.
✨Showcase Your Relationship Skills
Since this role involves managing key broker relationships, be prepared to discuss your experience in relationship management. Share specific examples of how you've built and maintained strong connections with clients or brokers in the past.
✨Prepare for Technical Questions
Expect to dive deep into underwriting insights and risk acceptance. Review actuarial concepts and be ready to discuss how you would approach portfolio management and data analysis. This will demonstrate your technical expertise and problem-solving abilities.
✨Bring Your Ideas
The company values innovation, so think about how you can contribute to product development. Prepare to share any ideas you have for enhancing customer offerings or improving existing products. This shows that you're proactive and ready to make a meaningful impact.
