Cyber Underwriter

3 months ago

London, United Kingdom Avencia Full time

**The opportunity**: Are you an experienced Cyber Underwriter?**

**Come and progress your career working with our dedicated Cyber Division in our London office here at Markel as a Senior Underwriter **

**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.

**The opportunity**:
We have an exciting opportunity for a** **Cyber Underwriter **to join the Markel team. The Cyber Team is focussed on writing international, UK-domiciled and US Wholesale business, on a primary and excess of loss basis. The Cyber team write open market business, as well as via cover holder’s that we support as a team. We provide an excellent service via our expert Cyber Underwriters who offer a flexible and innovative approach to underwriting that ensures we provide solution focussed products to our brokers and clients. This role is based within the Cyber team, of which there are six members. The Cyber portfolio underwritten by the Cyber team offers insurance to mid-size corporate clients, up to large multinational and international clients.
**What you’ll be doing**:

- Collaborate with Markel claims colleagues on broker and customer meetings to maximise business development opportunities, as well studying claims trends and losses in order to further our Underwriting approach
- Challenge wordings/clauses, lead in navigating the complexities of drafting & amending wordings/ clauses, and raise concerns to Head of Cyber/wordings team
- Contribute to innovation within the product suite providing expert input into the creation of new products and proactive input into the refinement of existing products or the services relating to the product. Seek to regularly analyse competitors’ products, capabilities and appetite and share within the team
- Proactively develop, own and enhance our customer offering within Cyber, actively engaging with customers to identify their needs and provide solutions to problems, as well as seeking new ways to enhance the customer experience
- Take the lead in developing and managing key, Cyber specific broker relationships. Actively lead and manage pipelines for the team. Influence brokers and advance Markel’s interests through strong interpersonal and presentation skills
- Identify new distribution and Delegated/Cover holder opportunities and where appropriate implement them
- Manage your own renewal book of business in line with appetite and strategy, including combined ratio targets

**Our must haves**:

- Experience of Cyber Underwriting
- Underwriting Insights and Risk Acceptance
- Underwriting Data Analysis
- Actuarial Concepts
- Claims Service and Data Analysis
- Wording Comprehension and Improvement
- Excellent relationship management skills

**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**

Avencia Consulting are an RPO who provide a recruitment service to our client Markel International.
**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?**

Job Reference: MKL01192

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