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! The primary purpose of this position is to lead and implement the strategic vision and plan of Markel's Cyber and Tech E&O product lines. Provide leadership, direction and support to underwriting teams. Is responsible for product profitability, growth and retention of new and renewal business that is consistent with underwriting strategies. Manage assigned product lines to achieve profit, revenue, loss ratio, and expense targets. Ensure effective execution of best practices. Provide coaching and training for underwriting staff. Develop and maintain relationships with internal resources (Actuarial, Product Development, Claim, IT, Operations, Regulatory, etc.) to coordinate services to customers and ensure that superior products are being delivered to our internal and external customers. The primary focus of this role is working with the Sr. Director, Cyber/ Technology E&O, in the underwriting governance and continued development of the Cyber/ Technology E&O product line.
Responsibilities:
- Assist in the continued product development, strategy and portfolio management of the Cyber/ Technology Liability suite of products
- Manage and handle account referrals from the Cyber/ Technology underwriters
- Assist underwriters in negotiations with brokers on program structure, premiums, retentions, and terms and conditions
- Assist with product development, language and endorsement drafting and maintenance
- Responsible for account auditing and compliance
- Work with Cyber/ Technology Senior Director to achieve financial goals and metrics for the product line
- Champions underwriting optimization
- Acts as a knowledge expert on industry trends and helps facilitate comprehensive, relevant and effective underwriter training
- Work with Claims, Product Regulatory Services and Actuarial as needed
- Attendance in marketing visits and or broker meetings or events
Qualifications, Education and/or Experience:
- A minimum of eight plus years’ experience in underwriting, claims and/or brokering in Cyber/ Technology Liability or Professional Liability; recent managerial experience a plus
- Four-year degree in business or related field from an accredited University/College, or equivalent related years of work experience
- Strong customer service focus and interpersonal skills, the ability to communicate effectively, and excellent negotiation skills;
- Strong analytical and organizational skills and excellent problem solving/decision making abilities;
- Solid understanding of cyber security protocols, industry specific emerging risks, and regulatory landscape
- Must be a team player and work independently as needed
- High energy, ability to deliver exceptional written and
- Verbal presentations, both internally and externally
- 25% travel required
- Strong worth ethic and sense of urgency
- Ability to work in a Markel office or Hybrid model as required
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, licensure, demonstrated competencies, geographic location, and other factors. The national average salary range for the Director position is $162,800 - $223,850/year with a 55% incentive.
US Work Authorization:
US Work Authorization required. Markel does not provide visa sponsorship for this position, now or in the future.
Equal Opportunity Statement:
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.
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