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You will be updated with latest job alerts via emailThe opportunity:
As an Underwriter in our Financial Institutions team based in London you will work closely with the Head of FI and a dynamic team to implement underwriting strategies improve processes and build strong broker relationships. This role offers the opportunity to contribute to our innovative approach and support our global presence whilst learning and development in a growing team.
About the team:
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 worlds 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.
Professional & Financial Risks (PFR) focus on international and UKdomiciled business and can deploy capacity of 10m/15m/$20m on any one risk. The team is made up of four business lines Professional Indemnity Management Liability Warranty & Indemnity and Financial Institutions. We provide excellent service via our experienced underwriters who are available both at Lloyds and in the office. We have a flexible and innovative approach to underwriting that ensures that we can provide the product required for our customers. This role is based in the Financial Institutions team.
What youll be doing:
Work with class head wider team actuarial and other parts of the business to implement the underwriting strategy and monitor progress and developments.
Champion continuous improvements and work with the team to improve endtoend processes and data.
Confidently and positively demonstrate the field of our chosen underwriting approach.
Positively contribute towards the teams underwriting strategy.
Attend regular broker and client meetings and travel to represent Markel as required by the class head.
Develop strong relationships with existing and new brokers.
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 Markels exposure
Our musthaves:
Have a detailed understanding of the business line and insurance market.
Underwriting Insights and Risk Acceptance
Demonstrate strong numerical and analytical ability.
Excellent IT skills including Microsoft Word and Excel.
Have excellent communication 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.
Were all about people We win together We strive for better We enjoy the everyday We think further
Whats in it for you
A great starting salary plus annual bonus & strong benefits package
Up to 16 company pension scheme
Private medical and dental cover Menopause plan emergency care benefit (children/Pets/dependants)
Income protection Life assurance electric car scheme travel insurance
25 days paid holiday plus Bank Holidays with the opportunity to buy/sell extra leave
As well as other great benefits on offer there are countless opportunities to learn new skills and develop in your career!
Are you ready to play your part
If youre looking for a place where you can make a meaningful difference youve found it. The work we do at Markel gives people the confidence to move forward reach their full potential and seize opportunities. Youll find your fit amongst our diverse global community of optimists and problemsolvers. Were always pushing each other to think further because we believe that when we strive for better and realise our potential we can help others reach theirs.
Join us and play your part in something special!
Choose Apply Now to fill out our short application so that we can find out more about you.
At Markel we are all about the people celebrating 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 will ensure that individuals are provided with any 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 at 0 to request any accommodations or adjustments that may be needed including alternative formats of documents or information on how to apply offline
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Full-Time