Underwriting Manager, Property
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About the role
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. We're all about people | We win together | We strive for better We enjoy the everyday | We think further
Responsibilities
- Achieves customer satisfaction and service standards for all wholesale brokers assigned to team and/or self.
- Establishes a culture of professionalism and team cohesion that everyone can be proud of.
- Ensures team meets or exceeds set production/premium goals and departmental guidelines.
- Identifies strengths and weaknesses in current procedures and recommends changes as needed.
- Provides training and coaching on marketing skills and broker management.
- Provides career planning and performance feedback to ensure proper staff development by coaching, motivating, and building bench strength; reviews and evaluates personnel performance.
- Adheres to the rules, rates, forms, authority, and underwriting guidelines as delegated by the Product Line Leadership group.
- Builds and maintains strong working relationships across workgroups with flexibility to change direction quickly based on business needs.
- Maintains an understanding of assigned products, services, and solutions; initiates discussions with other workgroups as appropriate.
- Drives change and innovation through continually seeking and implementing transformational solutions for customers and associates.
Requirements
- Bachelor's degree preferred;
- 5-8 years of Wholesale Property Underwriting experience with a significant amount in the Small to Middle Market.
- Demonstrated aptitude to manage people and projects with a minimum of 2+ years managing underwriters;
- Proven ability to make sound underwriting decisions;
- Strong organizational skills with the ability to handle multiple tasks simultaneously;
- Ability to achieve business goals and objectives;
- Demonstrated sales, marketing and relationship management skill
- CPCU designation preferred.
- #LI-AB
- US Work Authorization
- US Work Authorization required. Markel does not provide visa sponsorship for this position, now or in the future.
- Pay information:
Benefits
Additional Information
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 manage the day-to-day work activities of a group of property underwriters and underwriting support staff who are driven by a sense of hard work, and a pursuit of excellence laid out by the Markel Style. This position will work closely with the Northeast Leadership team and Product Line Leadership team to develop and execute on business and marketing strategies within an established geographic territory. Working with leadership and their team, this position will be responsible for balancing the team's workloads and maintaining appropriate staffing levels. This position requires guidance in risk selection and pricing, specifically on small to middle market property risks on both a a primary and excess basis. Underwrite new and renewal business in a profitable manner, according to authority level, and established guidelines which are in compliance with the company's underwriting philosophy. Responsible for addressing career and training needs on an individual basis. Communicate effectively and ensure team has been adequately updated on matters relating to workflow or procedural changes. Oversee the overall quality of the unit's performance and measures the underwriting team expertise through periodic audits. Reviews unusual risks. Based on complexity, determines what additional research is required. With attention to detail, prepares appraisal of risk within their delegated authority and approves risks that exceed their teams authority that remain within their delegated authority. Consults and collaborates with Regional Product Lead or PLL on course of action.
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