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- Tasks: Support underwriters in risk selection and collaborate on construction and engineering projects.
- Company: Join Markel Group, a Fortune 500 leader in insurance and reinsurance with a global presence.
- Benefits: Enjoy a competitive salary, annual bonus, 25 days holiday, and comprehensive health benefits.
- Why this job: Be part of a collaborative team focused on innovation and long-term partnerships in a dynamic industry.
- Qualifications: No specific qualifications required; enthusiasm and willingness to learn are key!
- Other info: Flexible working patterns available; we celebrate diversity and inclusivity in our workforce.
The predicted salary is between 43200 - 72000 £ per year.
We are looking for an individual to support underwriters in risk selection, perform technology reviews, advise on risk mitigation and collaborate to support and develop the Engineering and Construction division.
We’re all about people | We win together | We strive for better | We enjoy the everyday | We think further
Who we are:
The newly-formed Construction & Engineering team will write a broad portfolio of single project and annually renewing construction risks across a broad range of industries including but not limited to the oil, gas and petrochemical industries, power generation and other industrial / commercial risks on a world-wide basis. We will also look for involvement in residential and civil projects to balance the portfolio.
We are committed to technical underwriting and support our decision making with engineering expertise. Our customers are the most valuable stakeholders in the value chain, we work closely with our claims team to deliver the best possible experience. A great emphasis is placed on long term partnerships with both brokers and assureds. We pride ourselves on a collaborative team mentality and have a strong support structure in place to help all associates achieve their goals. We are an established leader in our selected segments and target leadership across our full offering. We write business on both Syndicate 3000 paper at Lloyd’s and through MISE (Europe) and Markel International Insurance Company Limited.
What you’ll be doing:
- Develop a book of both open market and delegated underwriting authority business in the newly formed Construction & Engineering team.
- Develop distribution to access new business for Markel, working closely with the Distribution Strategies and Business Development team as appropriate
- Promote collaboration with other Markel offices to advance the adoption of best practice across the business
- To assist the underwriting and management team with preparation of business plans and Management Information to manage a profitable book of business.
- Act as advocate for Markel and the Construction & Engineering product line and communicate regularly with underwriters and divisional management as the need arises.
- To undertake domestic and international travel when appropriate.
- Business planning: Involvement with business planning process as required
- Marketing / broker development: Responsible for building and maintaining excellent relationships with their targeted brokers and involvement in marketing initiatives as required
- Product development
- Underwriting standards: Ensure that underwriting standards and procedures are complied with for their line and that all data input and systems are in line with agreed procedures for their team
Who we are:
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’s in it for you?
- A great starting salary plus annual bonus & strong benefits package…
- 25 days paid holiday plus Bank Holidays, with the opportunity to buy/sell extra leave
- 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
- 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 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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Underwriter - Construction & Engineering employer: Markel
Contact Detail:
Markel Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Underwriter - Construction & Engineering
✨Tip Number 1
Familiarise yourself with the specific risks associated with construction and engineering projects. Understanding the nuances of these industries will help you engage in meaningful conversations during interviews and demonstrate your expertise.
✨Tip Number 2
Network with professionals in the construction and engineering sectors. Attend industry events or join relevant online forums to build connections that could lead to referrals or insider information about job openings.
✨Tip Number 3
Stay updated on the latest trends and technologies in underwriting and risk management. This knowledge will not only enhance your discussions with potential employers but also show your commitment to continuous learning in the field.
✨Tip Number 4
Prepare to discuss how you can contribute to a collaborative team environment. Highlight any past experiences where you've successfully worked with others to achieve common goals, as this aligns with the values of the Construction & Engineering team at Markel.
We think you need these skills to ace Underwriter - Construction & Engineering
Some tips for your application 🫡
Understand the Role: Read the job description thoroughly to understand the key responsibilities and requirements. Tailor your application to highlight how your skills and experiences align with the specific needs of the Underwriter position in Construction & Engineering.
Highlight Relevant Experience: Emphasise any previous experience in underwriting, risk assessment, or the construction and engineering sectors. Use specific examples to demonstrate your expertise and how it can benefit the team at Markel.
Showcase Collaboration Skills: Since the role involves working closely with various teams and stakeholders, make sure to illustrate your ability to collaborate effectively. Mention any past experiences where you successfully worked in a team environment or built strong relationships with clients or brokers.
Craft a Strong Cover Letter: Write a compelling cover letter that not only summarises your CV but also expresses your enthusiasm for the role and the company. Discuss why you are particularly interested in Markel and how you can contribute to their goals in the Construction & Engineering division.
How to prepare for a job interview at Markel
✨Understand the Role
Make sure you have a solid grasp of what an Underwriter in Construction & Engineering does. Familiarise yourself with risk selection, technology reviews, and risk mitigation strategies. This will help you answer questions confidently and demonstrate your knowledge.
✨Showcase Your Collaboration Skills
Since the role emphasises teamwork and collaboration, be prepared to discuss examples from your past experiences where you successfully worked with others. Highlight how you can contribute to a supportive team environment.
✨Prepare for Technical Questions
Expect technical questions related to underwriting standards and procedures. Brush up on relevant industry knowledge, especially regarding construction risks and the specific sectors mentioned in the job description, like oil and gas.
✨Ask Insightful Questions
Prepare thoughtful questions to ask at the end of your interview. Inquire about the company's approach to risk management or how they foster long-term partnerships with brokers. This shows your genuine interest in the role and the company.
