Underwriting Careers at Industry Leaders

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Underwriting Manager, Primary Casualty Wholesale

Markel Specialty

Markel Specialty

Red Bank, NJ, USA
Posted on Thursday, March 28, 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 position reports to the Product Line Director and is responsible for managing a team of commercial production underwriters and execution of organizational goals and objectives. Ensure effective execution of strategic plans in conjunction with the Regional President, Product Line Director and Product Line Leadership.

Job Responsibilities

  • Execute distribution strategy as provided by Product Line Leadership group
  • Responsible for goals and metrics for region and assigned product line group
  • Train, develop and mentor underwriting talent, including building a staff capable of effectively carrying out assignments and specific goals and recommends effective personal actions when needed
  • Build and maintain strong working relationships across workgroups with flexibility to change direction quickly based on business needs
  • Responsible for evaluating procedures and practices and implementing changes to improve workflows; ensures all business transactions and practices within span of control comply with all legal regulations and are in compliance with all underwriting policies and procedure
  • Maintain an understanding of assigned product(s), services and solutions and initiates discussions with other workgroups as appropriate
  • Drive change and innovation through continually seeking and implementing transformational solutions for customers and our associates

Prove Ability to:

  • Underwrite (larger, more complex) risks for given class(es) of business according to Markel's underwriting principles and in line with authority limits
  • Write profitable business and implement remedial plans rapidly to address unprofitable business
  • Understand and apply actuarial concepts as they apply to your line of business including risk pricing, technical rating, using data and analysis produced internally or by support teams to help inform strategic decisions
  • Demonstrate deep understanding of the industry in which you operate.
  • Act as a referral point for underwriters on more complex risks e.g. on risk-by-risk trends, patterns, concerns, etc. regarding particular classes of business
  • Manage team's performance, giving direction and support to others

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 Markel Group Careers. No other URL should be trusted
  • 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.

Pay information:

The Underwriting Manager salary range is $130-$170k with a 45% bonus potential.