Technical Underwriting Specialist

1 week ago


Leeds, Leeds, United Kingdom Avencia Full time

Technical Underwriting Specialist - Tech & Cyber:
Leeds Permanent - Full Time

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Markel:

Are you an experienced Technical Underwriter working within Technology & Cyber?

Come and support the team with growing the Technology account and optimising strategic broker opportunities here at Markel

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 realise our potential, we can help others reach theirs.

Join us and play your part in something special

The opportunity:


We have an exciting opportunity for a
Technical Underwriting Specialist - Technology & Cyber to join the Markel team in any of our offices - Leeds, Manchester, Birmingham or London.

The individual will work closely with the wider Underwriting leadership team to monitor and manage product profitability and support on complex referrals in accordance with underwriting authorities.

The role will support driving growth and support sales in strategic broker opportunities


We have come together as a UK business over the last five years under a common brand and a common functional leadership model.

We have set the strategy to double the size of the business by 2025, having doubled the size since 2016.

We have seen successful and profitable growth and see specialist insurance solutions as the way to continue to deliver that ambition.

Our growth will come through existing and new Liability product lines. We continue to invest in our Underwriting team to support our growing portfolio.

This involves the creation of some new and exciting product leadership roles, responsible for the build and management of new and existing insurance products.

These roles are responsible for the development of a profitable and growing portfolio, working with the Sales, Actuarial and Claims teams

What you'll be doing:

Respond quickly to top tier referrals for technology and cyber in accordance with underwriting authorities

Work as part of the underwriting team to help build skills, product knowledge and capability across the underwriting function. Support creation of a smaller group of technical expert underwriters

Ability to drive profitable growth of the SME Technology and Cyber portfolios. Focused on a balance of large volume/low premiums and small volume/moderate premiums

Drive and raise awareness of Technology & Cyber products across broker development and underwriting sales communities within National Markets.

Participate as part of the wider Markel team in market promotion and product launches

Support the sales teams in strategic broker discussions; respond to market tenders and attend client meetings

Monitor and report activities and provide timely and relevant management information

Role model the Markel Style and contribute to product leadership across the business, working with colleagues across Markel International

Our must haves:

A successful personal history of underwriting technology and cyber business over a number of years in the UK retail broker market

A strong technical knowledge of product coverage and market dynamics which can be leveraged or need mitigating

Demonstrable track record in delivering profitable results in these classes, over multiple years

A good understanding of the regulatory obligations for underwriting and distribution of insurance products

Work well as part of a cross functional team delivering new propositions to market along with sales, marketing and actuarial

Strong and proactive communication skills

Who we are:


Markel Corporation (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
Avencia are an RPO providing a recruitment service to our cline, Markel.

What's in it for you:

  • A great starting salary plus annual bonus & strong benefits package
  • 25 days paid holiday plus Bank Holidays, with the opportunity to buy / sell extra leave
  • Fantastic company pension scheme, private medical and dental cover, life assurance, travel insurance cover, income protection, season ticket loan as well as other great benefits on offer
  • There are countless opportunities to learn new skills and develop in your career and we can provide the support needed to do just that
**Are you ready to play your part?

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