Underwriter/Sr. Underwriter - Retail Inland Marine
Markel, Chicago, IL, United States
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 realize our potential, we can help others reach theirs. Join us and play your part in something special!
What you'll be doing:
Reviewing, analyzing, accepting, and declining inland marine risks to ensure profitability for Markel.
Communicating with underwriting management on individual accounts, current and proposed producers, and to make recommendations concerning operations, systems and procedures when appropriate.
Underwrite and select new business that will produce an underwriting profit.
Review submissions and identify exposure and risk from information provided.
Underwrite renewal business review terms, conditions and pricing and handle related account servicing.
Monitor producers for profitability and production.
Monitor results of the overall book of business assigned; and recommend corrective action as necessary.
Develop and maintain productive relationships within assigned region and product line management.
Participate in audits and/or underwriting meetings as required.
Cross-sell opportunities with other Markel divisions through the promotion of Markel’s products and services.
Coordinate with other Markel platforms on common accounts.
Travel within the West Retail region.
What we're looking for:
Minimum 5+ years of current experience underwriting profitable Admitted inland marine or related business (position title will depend upon experience).
Bachelor’s degree and industry designations (proven, outstanding experience can be substituted for education).
Proven outstanding reputation with wholesale and retail distribution.
Knowledge of pricing accounts using loss rating and actuarial modeling tools/techniques.
Ability to work in a fast paced environment.
Proven excellent customer service skills.
Demonstrated technical knowledge and skills reflective of progression of positions of increasing responsibility.
Must have excellent oral and written communication skills.
Superb MS Office and underwriting system skills.
Strong analytical and organizational skills.
Must be a team player that enjoys a flexible and spontaneous business environment.
US Work Authorization US Work Authorization required. Markel does not provide visa sponsorship for this position, now or in the future.
Pay information The base salary offered for the successful candidate will be based on compensable factors such as job-relevant education, job-relevant experience, training, demonstrated competencies, geographic location, and other factors. The base salary range for the Underwriter position is $74k - $102k with a 20% bonus potential and the Sr. Underwriter position is $92k - $127k/year with a 25% bonus potential.
Benefits
We offer competitive benefit programs that help meet our diverse and changing environment as well as support our employees’ needs at all stages of life.
All full‑time employees have the option to select from multiple health, dental and vision insurance plan options and optional life, disability, and AD&D insurance.
We also offer a 401(k) with employer match contributions, an Employee Stock Purchase Plan, PTO, corporate holidays and floating holidays, parental leave.
Markel is an equal opportunity employer. We do not discriminate or allow discrimination on the basis of any protected characteristic. This includes race; color; sex; religion; creed; national origin or place of birth; ancestry; age; disability; affectional or sexual orientation; gender expression or identity; genetic information, sickle cell trait, or atypical hereditary cellular or blood trait; refusal to submit to genetic tests or make genetic test results available; medical condition; citizenship status; pregnancy, childbirth, or related medical conditions; marital status, civil union status, domestic partnership status, familial status, or family responsibilities; military or veteran status, including unfavorable discharge from military service; personal appearance, height, or weight; matriculation or political affiliation; expunged juvenile records; arrest and court records where prohibited by applicable law; status as a victim of domestic or sexual violence; public assistance status; order of protection status; status as a smoker or nonsmoker; membership or activity in local commissions; the use or nonuse of lawful products off employer premises during non-work hours; declining to attend meetings or participate in communications about religious or political matters; or any other classification protected by applicable law.
No agencies please.
#J-18808-Ljbffr
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 realize our potential, we can help others reach theirs. Join us and play your part in something special!
What you'll be doing:
Reviewing, analyzing, accepting, and declining inland marine risks to ensure profitability for Markel.
Communicating with underwriting management on individual accounts, current and proposed producers, and to make recommendations concerning operations, systems and procedures when appropriate.
Underwrite and select new business that will produce an underwriting profit.
Review submissions and identify exposure and risk from information provided.
Underwrite renewal business review terms, conditions and pricing and handle related account servicing.
Monitor producers for profitability and production.
Monitor results of the overall book of business assigned; and recommend corrective action as necessary.
Develop and maintain productive relationships within assigned region and product line management.
Participate in audits and/or underwriting meetings as required.
Cross-sell opportunities with other Markel divisions through the promotion of Markel’s products and services.
Coordinate with other Markel platforms on common accounts.
Travel within the West Retail region.
What we're looking for:
Minimum 5+ years of current experience underwriting profitable Admitted inland marine or related business (position title will depend upon experience).
Bachelor’s degree and industry designations (proven, outstanding experience can be substituted for education).
Proven outstanding reputation with wholesale and retail distribution.
Knowledge of pricing accounts using loss rating and actuarial modeling tools/techniques.
Ability to work in a fast paced environment.
Proven excellent customer service skills.
Demonstrated technical knowledge and skills reflective of progression of positions of increasing responsibility.
Must have excellent oral and written communication skills.
Superb MS Office and underwriting system skills.
Strong analytical and organizational skills.
Must be a team player that enjoys a flexible and spontaneous business environment.
US Work Authorization US Work Authorization required. Markel does not provide visa sponsorship for this position, now or in the future.
Pay information The base salary offered for the successful candidate will be based on compensable factors such as job-relevant education, job-relevant experience, training, demonstrated competencies, geographic location, and other factors. The base salary range for the Underwriter position is $74k - $102k with a 20% bonus potential and the Sr. Underwriter position is $92k - $127k/year with a 25% bonus potential.
Benefits
We offer competitive benefit programs that help meet our diverse and changing environment as well as support our employees’ needs at all stages of life.
All full‑time employees have the option to select from multiple health, dental and vision insurance plan options and optional life, disability, and AD&D insurance.
We also offer a 401(k) with employer match contributions, an Employee Stock Purchase Plan, PTO, corporate holidays and floating holidays, parental leave.
Markel is an equal opportunity employer. We do not discriminate or allow discrimination on the basis of any protected characteristic. This includes race; color; sex; religion; creed; national origin or place of birth; ancestry; age; disability; affectional or sexual orientation; gender expression or identity; genetic information, sickle cell trait, or atypical hereditary cellular or blood trait; refusal to submit to genetic tests or make genetic test results available; medical condition; citizenship status; pregnancy, childbirth, or related medical conditions; marital status, civil union status, domestic partnership status, familial status, or family responsibilities; military or veteran status, including unfavorable discharge from military service; personal appearance, height, or weight; matriculation or political affiliation; expunged juvenile records; arrest and court records where prohibited by applicable law; status as a victim of domestic or sexual violence; public assistance status; order of protection status; status as a smoker or nonsmoker; membership or activity in local commissions; the use or nonuse of lawful products off employer premises during non-work hours; declining to attend meetings or participate in communications about religious or political matters; or any other classification protected by applicable law.
No agencies please.
#J-18808-Ljbffr