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Senior Underwriter

4 months ago

London, Greater London, United Kingdom Markel Corporation Full time
Are you looking to progress your Underwriting career?

Come and join our Cargo team 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 realize our potential, we can help others reach theirs.

Join us and play your part in something special

The opportunity:

The Wholesale division is comprised of six underwriting teams (Cyber, Energy, Equine & Livestock, Marine, Professional & Financial Risks, and Trade Credit, Political Risk & Surety), as well as an award winning claims team, underwriting support, delegated underwriting, and strategic business development. We have staff around the world with a significant presence in Asia and the US, in addition to the London market.

Our teams operate as 'One Wholesale', working together towards our goal to be one of the world's great speciality insurers. We work collaboratively both within Wholesale and across the wider Markel organisation, and because we work as one we are able to create the best solutions possible for our clients, and provide exceptional development opportunities for our staff.

The cargo team writes a diverse cargo portfolio on a worldwide basis with particular focus on North America, Northern Europe, the Middle East, and Asia. Products can be tailored to meet requirements of clients, from smaller local / domestic companies to global operations. Markel is a recognised leader of cargo and cargo war business with a successful history in the class. The underwriting team is supported by our experienced, in-house claims team. This role is based in the Marine Division with special focus on supporting and developing its role within one Wholesale.

What you'll be doing:
  • Work with class head, wider cargo team, actuarial and other parts of the business to implement the underwriting strategy and monitor progress and developments
  • Champion continuous improvements and continually work with the team to improve end to end process, data and data warehouse
  • Confidently and positively demonstrate the discipline of our chosen underwriting approach
  • Positively contribute towards the team's underwriting strategy and diligently adhere to it at all times
  • Regular broker and client meetings and travel to represent Markel as required by class head
  • Apply appropriate underwriting practices including authority and guidelines control
  • Apply appropriate risk management practices including aggregations and guideline controls and any measures required to limit Markel's exposure
  • Providing underwriting support to overseas offices and handling of referral approvals
  • Work with class head and senior underwriters on portfolio management
  • Actively seek business opportunities in accordance with plan
  • Ownership or assistance in completing project work
Our must-haves:
  • Have a detailed understanding of the cargo insurance market
  • Demonstrate strong numerical and analytical ability
  • Excellent IT skills including Microsoft Word and Excel
  • Have excellent communication skills
  • Have network of London and international distribution channels
  • Underwriting Insights and Risk Acceptance
  • Portfolio Management
  • Underwriting Data Analysis
  • Actuarial Concepts
  • Claims Service and Data Analysis
  • Wording Comprehension and Improvement
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?
  • 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?

Choose 'Apply Now' to fill out our short application, so that we can find out more about you.

Markel celebrates the value of a diverse workforce that brings experience and expertise from a wide variety of backgrounds and life circumstances. Whatever your background, if you feel you meet the requirements of this role then we want to hear from you. We are also happy to consider candidates who are looking for flexible working patterns.

We are an equal-opportunity employer and value diversity at our company. We do not discriminate on the basis of race, religion, colour, national origin, sex, gender, gender expression, sexual orientation, age, marital status, veteran status, or disability status.

We will ensure that individuals with disabilities are provided with all reasonable accommodations to be able to participate in the job application or interview process and to perform essential job functions if successful. Please contact us via email at or call us on to request any accommodations that may be needed. This includes any alternative formats of any documents or information on how to apply offline.