Underwriting Careers at Industry Leaders

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Underwriting Business Analyst

Markel Specialty

Markel Specialty

Richmond, VA, USA
Posted on Thursday, March 7, 2024
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!

This role’s primary responsibility is to provide relevant information in support of business needs and to support the development of innovative business solutions. The associate will possess a strong technical background in data analytics. The associate will demonstrate the ability to impact performance of the Markel First Party underwriting teams. This associate will communicate and solve problems with the direction of management. Exhibits good business judgement; assignments are completed accurately and timely to meet due dates.

This role’s secondary responsibility is to support Managing General Underwriting programs, including coding needs and process for new programs, training of Program Administrators (PA) or establishing with IT premium and accounting feed requirements, oversite of PAs data entry/coding, and any internal coding/entry needs for assigned programs.

What you'll be doing:

Role responsibilities

  • Analyzes variables to identify trends, opportunities, issues, risks, and potential solutions to problems. Initiates and designs solutions. Converts business requirements to automated processes, identifies best practices that should be implemented, thoroughly documents or revises current and new business processes and flows, focuses on improving customer service, enables rapid response to changing consumer/ insurance market, and recommends alternative paths forward on projects when necessary, to help position Markel as a world-class leader in insurance.
  • Provides expertise, knowledge, and insight to help the business improve performance and grow the business by solving problems. Identifies improvements to processes and methods; assists with efforts to integrate or implement solutions in order to more effectively deliver requirements and support the business/department. Serves as a catalyst for change. Assists in the development of project communication and presentation materials. Executes on implementation strategies, including real time progress reporting on objectives, and escalates risks or concerns. Owns data collection / feature engineering process and can identify anomalies that may impact results of analysis. Recommends alternative paths forward on projects when necessary, keeping long range goals at the forefront of decision making. Demonstrates ability to interpret model results and make connection to expected impact on business.
  • Assist in assessment of near-term needs, establishing business priorities; consulting with technical SMEs; identifying options, risks, costs versus benefits, and impact on other business processes and system priorities. Proactively communicates to keep business stakeholders informed of status, risks, obstacles, and other related information throughout involvement with project. Actively participates in project requirement sessions, communicating ideas/risks/concerns to key stakeholders.
  • Provides input as a subject matter expert. Maintains up to date knowledge in area of expertise through proactive research and continuing education to as to achieve functional objectives. Documents and reports system problems for which system enhancements or modifications are needed. Participation includes requirement building and testing phases for appropriate solution. Intermediate to advanced skillset in Qliksense and PowerBI. SQL experience a plus. Willing to develop opportunities in AI through Microsoft Copilot.
  • Assist in training less experienced associates, PAs, visitors, interns, or others to build knowledge base. Provides backup and assistance to the underwriting team.
  • Supports business with timely response to inquiries, and accurate and timely completion of booking and reporting needs.

What we're looking for:

  • Degree in business, finance / mathematics / information systems
  • 3-5 years of business experience
  • Proficient in office tools and Qliksense
  • Knowledge of SQL is a plus

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.

We’re all about people | We win together | We strive for better

We enjoy the everyday | We think further

What’s in it for you:

In keeping with the values of the Markel Style, we strive to support our employees in living their lives to the fullest at home and at work.

  • 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 offers hybrid working schedules of 3 days in the office and 2 days remote.

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.

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.

Caution: Employment scams

Markel is aware of employment-related scams where scammers will impersonate recruiters by sending fake job offers to those actively seeking employment in order to steal personal information. Frequently, the scammer will reach out to individuals who have posted their resume online. These "job offers" include convincing offer letters and frequently ask for confidential personal information. Therefore, for your safety, please note that:

  • All legitimate job postings with Markel will be posted on No other URL should be trusted for job Markel Group Careers.
  • All legitimate communications with Markel recruiters will come from Markel.com email addresses.

We would also ask that you please report any job employment scams related to Markel to rarecruiting@markel.com.

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.

Should you require any accommodation through the application process, please send an e-mail to the rarecruiting@markel.com.