Executive Underwriter - Risk Management Excess

$125,000 - $160,000/Yr

Markel - Denver, CO

Full-time - Senior

Hybrid - Denver, CO

251-500 employees

Insurance Carriers and Related Activities

About the position

The primary purpose of this position is to underwrite new business and renewals in a profitable manner and according to authority level and established guidelines, while also driving projects that have a significant impact on the business. The Executive Underwriter will be assigned larger, more important, and more complex accounts, utilizing underwriting tools to determine accurate classifications, rates, and premium charges. A thorough understanding of state laws, including cancellation and non-renewal, within the assigned territory is essential to properly transact business within each state. The candidate should be knowledgeable in coverage forms and policy language, ensuring appropriate utilization of forms and exclusions. Additionally, the role involves assisting with the resolution of premium audit disputes within assigned agents and brokers, promoting the growth and development of less experienced underwriters, and fostering teamwork within the department.

Responsibilities

• Review, analyze, accept, and decline Risk Management Excess 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 Risk Management Excess 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.

Requirements

• 8+ years of complex retail Risk Management Excess 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

Nice-to-haves

• CPCU or similar designation
• Experience in a Fortune 500 company
• Familiarity with hybrid working environments

Benefits

• Multiple health, dental, and vision insurance plan options
• Optional life, disability, and AD&D insurance
• 401(k) with employer match contributions
• Employee Stock Purchase Plan
• PTO, corporate holidays, and floating holidays
• Parental leave
• Hybrid working schedules of 3 days in the office and 2 days remote