At a Glance
- Tasks: Lead underwriting for Transport & Logistics, mentoring colleagues and managing complex risks.
- Company: Join a leading firm in Marine & Energy with a focus on innovation and expertise.
- Benefits: Competitive salary, annual bonus, extensive benefits, and 25 days holiday plus bank holidays.
- Other info: Opportunities for professional growth and a supportive work environment.
- Why this job: Make an impact in a dynamic industry while developing your career with strong support.
- Qualifications: Experience in Transport & Logistics underwriting and excellent relationship management skills.
The predicted salary is between 60000 - 70000 £ per year.
The Senior Transport & Logistics 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 risks, providing team support, direction, and mentoring colleagues using expertise and experience.
The Transport & Logistics team forms part of the Marine & Energy business and writes a diverse portfolio worldwide. 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, focused on meeting clients and producers in their home territories.
What You’ll Be Doing
- Help raise the profile of Markel and the team in Transport and Logistics.
- Demonstrate a strategic and structured approach to broker development, communicating the Markel story to brokers and customers in a compelling and credible way that supports the brand.
- Create and provide thought leadership for the Transport and Logistics Team.
- Work with actuaries and create 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 inform our underwriting approach.
- Challenge wordings/clauses, lead in navigating the complexities of drafting and amending wordings/clauses, and raise concerns to the Director of Marine & Energy Liabilities.
- Contribute to innovation within the product suite, providing expert input into the creation of new products and proactive input into refining existing products or related services.
- Proactively develop, own and enhance our customer offering within Transport and Logistics, actively engaging with customers to identify their needs and provide solutions, and seeking new ways to enhance the customer experience.
- 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 implement them where appropriate.
- Manage renewal book of business in line with appetite and strategy, including combined ratio targets.
Key Skills
- Strong experience of Transport & Logistics 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 and 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. Other great benefits and opportunities to learn new skills and develop in your career.
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.
Senior Underwriter employer: Markel
Markel is an exceptional employer for a Senior Underwriter, offering a dynamic work environment that prioritises technical expertise and strong client relationships within the Transport & Logistics sector. With a competitive salary, comprehensive benefits including a generous pension scheme and private medical cover, and a culture that fosters professional growth through mentoring and skill development, Markel stands out as a leader in the industry. Employees are encouraged to innovate and contribute to the company's success while enjoying a supportive atmosphere that values their contributions.
StudySmarter Expert Advice🤫
We think this is how you could land Senior Underwriter
✨Network Like a Pro
Get out there and connect with people in the Transport & Logistics industry. Attend events, join online forums, and don’t be shy about reaching out to potential colleagues on LinkedIn. Building relationships can open doors that a CV just can’t.
✨Show Off Your Expertise
When you get the chance to chat with hiring managers or recruiters, make sure to highlight your deep understanding of underwriting and risk management. Share specific examples of how you've tackled complex risks in the past – it’ll show you’re the real deal!
✨Be Ready for the Interview
Prepare for interviews by brushing up on your knowledge of current trends in Transport & Logistics. Think about how you can contribute to innovation within the product suite and be ready to discuss your ideas. Confidence is key!
✨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 joining our team at StudySmarter.
We think you need these skills to ace Senior Underwriter
Some tips for your application 🫡
Show Your Expertise:Make sure to highlight your deep understanding of the Transport & Logistics industry in your application. We want to see how your experience aligns with the role and how you can contribute to our team's success.
Tailor Your Application:Don’t just send a generic CV and cover letter! Tailor your application to reflect the specific skills and experiences mentioned in the job description. We love seeing candidates who take the time to connect their background with what we’re looking for.
Be Clear and Concise:When writing your application, keep it clear and to the point. We appreciate well-structured applications that make it easy for us to see your qualifications and fit for the role. Avoid jargon unless it’s relevant!
Apply Through Our Website:We encourage you to apply through our website for the best chance of getting noticed. It helps us keep track of applications 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 the Transport & Logistics industry. Brush up on current trends, challenges, and innovations. This will not only help you answer questions confidently but also show your passion for the field.
✨Showcase Your Experience
Prepare specific examples from your past roles that highlight your underwriting experience and portfolio management skills. Be ready to discuss how you've navigated complex risks and contributed to team success.
✨Build Rapport
Since relationship management is key in this role, practice your interpersonal skills. Think about how you can connect with the interviewers and demonstrate your ability to influence brokers and clients effectively.
✨Ask Insightful Questions
Prepare thoughtful questions that reflect your understanding of the company and its goals. Inquire about their approach to innovation in products or how they manage broker relationships. This shows you're genuinely interested and engaged.
