Underwriting Careers at Industry Leaders

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Senior Underwriter

Markel Specialty

Markel Specialty

Marketing & Communications
Lake Oswego, OR, USA
Posted on Tuesday, May 14, 2024
Primary responsibilities include:
1) independently underwrite contract bonds adhering to Markel Surety’s underwriting philosophy, appropriately assessing the risk presented and properly managing that risk.
2) conduct all forms of marketing to strategically build a profitable book in a designated territory. The underwriter is to have the knowledge and apply the skills required of this position, including knowledge of required and normal ratios, risks associated with various types of construction activities, competition’s underwriting attitudes and industry norms for all issues. The underwriter is the source for knowledge and information concerning bonding.

Key Responsibilities:

  • Assigned larger and more important agents/brokers
  • Consistently achieves budgeted financial results through superior service, account retention and responsiveness to new business submissions
  • Considers different approaches towards risks based upon class of business
  • Participates on projects having an impact on the business
  • Identifies and captures new business opportunities
  • Able to create tactical sales plans; track results and execute necessary corrective action
  • Open to regular visits to agents

Desired Skills & Experience:

  • Bachelor’s degree preferred
  • Incumbent should have completed 3 - 5 years in an underwriting capacity
  • Qualified candidate has demonstrated a solid understanding of contract and subdivision bond underwriting
  • Ability to write and articulate in a concise and clear manner to convey complex information
  • Underwrites for profitable premium growth
  • Associate learns the nuances of the surety rate manual
  • Under minimal supervision makes quick sound decisions and negotiates terms and conditions consistent with underwriting authority limits, standards and within submission timeframes.
  • Self-sufficient with demonstrated ability to overcome obstacles
  • Takes ownership and responsibility for decisions and outcomes
  • Provides guidance and coaching to others
  • Assigned larger and more important agents/brokers