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Technical Underwriting Specialist - Financial Lines job in Leeds

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Leeds Markel Corporation

Job Ref:  R0017014
Employer:  Markel Corporation
Sector:  P&C/General Insurance/Non-Life
Reinsurance
Qualifications:  Unclassified
Job Type:  Full Time
Salary and Benefits:  Competitive
Remote:  No

Location

Country:  United Kingdom
City:  Leeds
Post Code:  Not specified
Map: 

Description

Are you an experienced Technical Underwriter working within Financial Lines?

Come and support the team with growing the 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 - Financial Lines 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:
  • Support the underwriting manager with profitable growth of the professional and management risks portfolios. Focused on a balance of large volume/low premiums and small volume/moderate premiums
  • Respond to top tier referrals for financial lines business from underwriters, delegated cover holders and claims department 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 within the new business and renewals teams
  • In conjunction with the other business functions, support continuous improvement of technical underwriting guides and tools
  • Review and analyse new portfolio, scheme or facility opportunities presented by the sales teams. Make recommendations for successful participation
  • Drive and raise awareness of financial lines 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 financial lines business over a number of years in the UK retail broker market
  • Experience of underwriting technology and cyber exposures is beneficial but not essential
  • A strong technical knowledge of product coverage and market dynamics
  • 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

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 a Disability Confident Committed employer which means we will you'll have a positive experience applying for a role at Markel and are able to perform at your best. If there are any adjustments we can reasonably make to ensure that the process is accessible for you at every stage please let us know.

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 rec@markel.com or call us on +44 (0) 2079536504 to request any accommodations that may be needed. This includes any alternative formats of any documents or information on how to apply offline.
ref: (R0017014)
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