Underwriting Specialist - Houston, United States - Markel Corporation

Markel Corporation

Verified Company

Houston, United States

3 weeks ago

Posted by:

Mark Lane

beBee recruiter

Description

The primary purpose of this position is to underwrite new business and renewals in a profitable manner and according to authority level and established guidelines, and drive projects having an impact on the business.

Assigned larger, more important and more complex accounts. Utilize underwriting tools to determine accurate classifications, rates, and premium charges. Understand state laws, including cancellation and non-renewal, within assigned territory to properly transact business within each state. Knowledgeable in coverage forms and policy language; appropriate utilization of forms and exclusions. Assist with resolving premium audit disputes within assigned agents/brokers. Viewed as an expert within a product area and able to mentor less experienced underwriters.

Assigned larger, more important and more complex accounts. Use underwriting tools to determine accurate classifications, rates, and premium charges. Understand state laws, including cancellation and non-renewal, within assigned territory to properly transact business within each state. Knowledgeable in coverage forms and policy language; appropriate use of forms and exclusions. Assist with resolving premium audit disputes within assigned agents/brokers. Promotes the growth and development of less experienced underwriters and fosters teamwork.

Responsibilities:

Review, analyze, accept, and decline energy risks to ensure profitability for Markel.
Underwrite and select new business that will produce an underwriting profit.
Manage the existing renewal book and implement corrective measures, as needed, to meet profitability expectations.
Communicate with UW Manager and national Energy product line leaders on individual accounts, current and proposed producers, and make recommendations concerning operations, systems and procedures when appropriate.
Participate in audits and/or underwriting meetings as required.
Build and maintain quality relationships with key producers while simultaneously monitoring the entire appointed producer base for profitability and production.
Review forms and pricing of competitors and be able to effectively market the Markel product within the competitive landscape
Provide training or technical assistance to department underwriting staff.

Skills & Experience

6+ years of complex retail energy underwriting experience
Demonstrated technical knowledge and skills reflective of progression of positions of increasing responsibility.
Demonstrated marketing and relationship building skills.
Four year college degree and/or CPCU or similar designation preferred.
Excellent oral and written communication skills.
Microsoft Office skills to include MS Word and MS Excel.
Strong analytical and organizational skills.
Must be a team player that enjoys a flexible and spontaneous business environment with a desire to succeed.
Up to 25% travel (when appropriate)

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 fulltime 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?

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: