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Senior Underwriter / Underwriting Specialist, Energy
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$92k–$144k/yr
Full-time
bachelor degree, professional certificate
Health Insurance, Dental Insurance, Vision Insurance, Life Insurance, Disability Insurance, AD&D Insurance
Posted 50d ago
~40 hrs/week
Responsibilities
Underwrite energy-specific new business and renewals to ensure profitability according to established guidelines. Build and maintain quality relationships with producers while mentoring less experienced underwriting staff.
Requirements
Requires 3+ years of Energy Casualty underwriting experience and strong analytical and communication skills. A four-year college degree or CPCU designation is preferred.
Full job description
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 underwrite energy-specific 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 accounts with a focus on the Energy industry. 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 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.
Responsibilities
Review, analyze, accept, and decline Energy Casualty 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 Casualty 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
3+ years of Energy Casualty 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)
#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:
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. The national average salary range for the Sr. Underwriter position is $92k - $127k/year with a 25% bonus potential.The national average salary range for the Underwriting Specialist position is $104,480k - $143,660k with a 25% bonus potential.
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.
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.
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 Careers. No other URL should be trusted for job postings.
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 [email protected].
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 [email protected].
No agencies please.
Related keywords
Energy CasualtyUnderwritingCPCURisk ManagementInsurancePremium AuditsPolicy LanguageEnergy IndustryProfitability AnalysisMarket Analysis
We are Markel, a leading global specialty insurer with a truly people-first approach.
Industry
Insurance
Company size
1,001-5,000 employees
Headquarters
Glen Allen, Virginia
LinkedIn followers
91,834
As the insurance operations within the Markel Group Inc. (NYSE: MKL), we leverage a broad array of capabilities and expertise to create intelligent solutions for the most complex specialty insurance needs.
With over 5,000 employees across the globe, finding creative solutions for complex risks is our passion. And our broad array of tools and knowledge allows us to create tailored coverage solutions for even the most complex needs.
Putting you – our colleagues, brokers and clients – first is what differentiates us worldwide. We’re committed to being a long-term partner who is there when you need us most.
Everything we do comes out of the Markel Style. These 214 words are a timeless statement of our mission. It’s our north star, and out of that comes our brand vision.
Offices: 4521 Highwoods Parkway, Glen Allen, Virginia 23060, US
We are Markel, a leading global specialty insurer with a truly people-first approach.
Industry
Insurance
Company size
1,001-5,000 employees
Headquarters
Glen Allen, Virginia
LinkedIn followers
91,834
As the insurance operations within the Markel Group Inc. (NYSE: MKL), we leverage a broad array of capabilities and expertise to create intelligent solutions for the most complex specialty insurance needs.
With over 5,000 employees across the globe, finding creative solutions for complex risks is our passion. And our broad array of tools and knowledge allows us to create tailored coverage solutions for even the most complex needs.
Putting you – our colleagues, brokers and clients – first is what differentiates us worldwide. We’re committed to being a long-term partner who is there when you need us most.
Everything we do comes out of the Markel Style. These 214 words are a timeless statement of our mission. It’s our north star, and out of that comes our brand vision.
Offices: 4521 Highwoods Parkway, Glen Allen, Virginia 23060, US