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- Tasks: Join our team as a New Business Underwriter, providing exceptional service to brokers.
- Company: Markel is a Fortune 500 company focused on insurance and reinsurance across the globe.
- Benefits: Enjoy a competitive salary, generous bonuses, and a strong benefits package including private medical cover.
- Why this job: Make a meaningful impact while working in a supportive, people-focused environment with growth opportunities.
- Qualifications: Experience in underwriting, excellent communication skills, and a knack for building relationships are essential.
- Other info: Flexible working patterns available; we celebrate diversity and welcome applicants from all backgrounds.
The predicted salary is between 28800 - 43200 £ per year.
Do you have new business underwriting experience and looking to progress your career with a truly people focused business?
Come and work with our New Business Underwriting team here at Markel
What part will you play? 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 and seize opportunities, and you’ll find your fit amongst our global community of optimists and problem-solvers. We’re always pushing each other to go further because we believe that when we realise our potential, we can help others reach theirs.
Join us and play your part in something special!
The opportunity:
We have an exciting opportunity for a New Business Underwriter to join the Markel team. You will be a member of a successful national underwriting team dealing exclusively with a variety of care and charity risks in accordance with Markel’s underwriting appetite. We are open to any location for this role as the team are mostly remote based with occasional office visits required.
The role is based within the Care Sales team, dealing with a wide variety of Social Welfare, Care, Not For Profit and Charity policies. Working alongside other departments within the business to develop and maintain relationships both internally and externally and deliver an exceptional service to our brokers.
The role of New Business Underwriter is to work as part of the Sales team providing an excellent underwriting service for brokers in the UK. You will work as a member of the Broker Sales Team and be pro-active and able to develop and maintain good relationships internally and externally.
You will monitor and analyse broker activity to identify success and areas for improvement and provide pro-active feedback to the team manager. You will have responsibility for delivering an individual new business premium target and have a desire to be visible to our brokers.
What you’ll be doing:
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Demonstrate and promote a thorough knowledge of company guidelines and authority levels in order to achieve monthly, quarterly and annual new business team and individual targets
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Provide excellent service to our brokers to ensure deadlines are met
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Underwrite a variety of exposures within the defined underwriting authority
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Attend underwriting meetings as required throughout the year required to provide insight into developments, trends and feedback on market conditions
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Develop and maintain excellent working relationships within the wider business
Our must haves:
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Demonstrable underwriting experience – ideally in social welfare/care risks, although commercial insurance would be considered
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Excellent written and spoken communication skills
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A high level of accuracy and attention to detail
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Track record in building and developing broker relationships
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Demonstrable IT skills including MS Office and our systems including the broker e-trading platform
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Proven ability to secure business whilst maintaining underwriting discipline
Who we are:
Markel Corporation (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.
We’re all about people | We win together | We strive for better | We enjoy the everyday | We think further
What’s in it for you:
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A great starting salary plus generous monthly bonus & strong benefits package…
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25 days paid holiday plus Bank Holidays, with the opportunity to buy / sell extra leave
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Fantastic company pension scheme, private medical and dental cover, life assurance, travel insurance cover, income protection, season ticket loan as well as other great benefits on offer
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There are countless opportunities to learn new skills and develop in your career, and we can provide the support needed to do just that!
Are you ready to play your part?
Choose ‘Apply Now’ to fill out our short application, so that we can find out more about you.
Markel celebrates 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 are an equal opportunity employer and value diversity at our company. We do not discriminate on the basis of race, religion, colour, national origin, sex, gender, gender expression, sexual orientation, age, marital status, veteran status, or disability status.
We will ensure that individuals with disabilities are provided with all 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 that may be needed. This includes any alternative formats of any documents or information on how to apply offline.
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New Business Underwriter employer: Markel
Contact Detail:
Markel Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land New Business Underwriter
✨Tip Number 1
Familiarise yourself with the specific types of care and charity risks that Markel underwrites. Understanding their unique challenges and requirements will help you demonstrate your knowledge during interviews.
✨Tip Number 2
Network with current or former employees of Markel, especially those in underwriting roles. They can provide valuable insights into the company culture and expectations, which can be beneficial for your application.
✨Tip Number 3
Prepare to discuss your experience in building broker relationships. Think of specific examples where you've successfully developed these connections, as this is a key aspect of the role.
✨Tip Number 4
Stay updated on market trends and developments in the insurance industry, particularly in social welfare and care sectors. This knowledge will not only impress during interviews but also show your commitment to the field.
We think you need these skills to ace New Business Underwriter
Some tips for your application 🫡
Tailor Your CV: Make sure your CV highlights your underwriting experience, especially in social welfare or care risks. Use specific examples to demonstrate your skills and achievements that align with the job description.
Craft a Compelling Cover Letter: Write a cover letter that showcases your passion for the role and the company. Mention how your experience and values align with Markel's focus on people and community, and express your enthusiasm for contributing to their team.
Highlight Communication Skills: Since excellent written and spoken communication skills are essential for this role, ensure you provide examples of how you've successfully communicated with brokers or clients in previous positions.
Showcase IT Proficiency: Mention your IT skills, particularly with MS Office and any relevant systems. If you have experience with broker e-trading platforms, be sure to include that as well, as it will strengthen your application.
How to prepare for a job interview at Markel
✨Know Your Underwriting Basics
Make sure you brush up on your underwriting knowledge, especially in social welfare and care risks. Be prepared to discuss specific examples from your past experience that demonstrate your understanding of these areas.
✨Showcase Your Communication Skills
Since the role involves building relationships with brokers, practice articulating your thoughts clearly and confidently. Prepare to give examples of how you've successfully communicated with clients or colleagues in previous roles.
✨Demonstrate Attention to Detail
Highlight your ability to maintain accuracy in your work. You might be asked to provide examples of how you've ensured precision in underwriting decisions or documentation in the past.
✨Prepare for Scenario Questions
Expect questions that assess your problem-solving skills and decision-making process. Think about scenarios where you had to make tough underwriting decisions and how you handled them, as this will show your critical thinking abilities.