Underwriter, Commercial Surety
Underwriter, Commercial Surety
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$ 74320 - 102190
1 Vacancy
Job Description
What part will you play 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 and seize opportunities and youll find your fit amongst our global community of optimists and problem-solvers. Were 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 Commercial Underwriters primary responsibility is to produce and underwrite new and renewal commercial bond business while maintaining and building productive relationships with our network of independent agents and brokers. The person in this role should be a self-motivated individual with the responsibility to cultivate and maintain a profitable commercial book of business by using sound judgment when assessing risk and providing excellent service to our agents and customers.Responsibilities:
- Gather analyze and underwrite commercial surety bonds
- Evaluate and manage risk associated with various types of commercial surety bonds while adhering to the companys underwriting philosophy
- Have a keen understanding of legal documents indemnity agreements statutes bond forms and insurance laws and regulations
- Have a solid understanding of financial and accounting principles
- Demonstrate sound business judgment in the evaluation of the financial condition credit history experience and character of bond applicants
- Develop new business through agency relationships
- Possess a solid knowledge of processing methods and workflow procedures
- Exhibit excellent written and verbal communication both internally and externally
- Effectively interact with people in small groups and social situations
- Price quote negotiate terms and conditions and service accounts
- Decline and/or cancel coverage
- Renewal bond underwriting
- Contribute to internal processing and underwriting systems for standardization and efficiencies
- Available for overnight travel and the ability to attend occasional agent meetings or industry events
- Mentor and provide guidance and support for team members
Qualifications:
- Minimum 2 years industry experience
- Ability to thoroughly analyze bond applications and make both objective and subjective decisions based on that data
- Ability to interpret an extensive variety of procedures and instructions and deal with several abstract and concrete variables
- Ability to define problems collect data establish facts and draw valid conclusions
- Ability to calculate figures and amounts such as premium rates and commissions
- Ability to compose business correspondence and respond to questions from managers clients and customers
- Ability to handle large volume of bonds and be able to prioritize organize and delegate assignments
- Possess strong interpersonal skills
- Possess strong organizational and time management skills
- Ability to multi-task and work in a team environment
- Strong customer service orientation and negotiating skills
- Self-motivated and ability to work independently as well as part of a team
US Work Authorization
US Work Authorization required. Markel does not provide visa sponsorship for this position now or in the future.
Pay information:
The base salary offered for the successful candidate will be based on compensable factors such as job-relevant education job-relevant experience training licensure demonstrated competencies geographic location and other salary for the position is $74320 - $102190 with a 20% bonus potential.
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:
In keeping with the values of the Markel Style we strive to support our employees in living their lives to the fullest at home and at work.
We offer competitive benefit programs that help meet our diverse and changing environment as well as support our employees needs at all stages of life.
All full-time employees have the option to select from multiple health dental and vision insurance plan options and optional life disability and AD&D insurance.
We also offer a 401(k) with employer match contributions an Employee Stock Purchase Plan PTO corporate holidays and floating holidays parental leave.
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.
Caution: Employment scams
Markel is aware of employment-related scams where scammers will impersonate recruiters by sending fake job offers to those actively seeking employment in order to steal personal information. Frequently the scammer will reach out to individuals who have posted their resume online. These job offers include convincing offer letters and frequently ask for confidential personal information. Therefore for your safety please note that:
All legitimate job postings with Markel will be posted on Markel Careers. No other URL should be trusted for job postings.
All legitimate communications with Markel recruiters will come from email addresses.
We would also ask that you please report any job employment scams related to Markel to .
Markel is an equal opportunity employer. We do not discriminate or allow discrimination on the basis of any protected characteristic. This includes race; color; sex; religion; creed; national origin or place of birth; ancestry; age; disability; affectional or sexual orientation; gender expression or identity; genetic information sickle cell trait or atypical hereditary cellular or blood trait; refusal to submit to genetic tests or make genetic test results available; medical condition; citizenship status; pregnancy childbirth or related medical conditions; marital status civil union status domestic partnership status familial status or family responsibilities; military or veteran status including unfavorable discharge from military service; personal appearance height or weight; matriculation or political affiliation; expunged juvenile records; arrest and court records where prohibited by applicable law; status as a victim of domestic or sexual violence; public assistance status; order of protection status; status as a smoker or nonsmoker; membership or activity in local commissions; the use or nonuse of lawful products off employer premises during non-work hours; declining to attend meetings or participate in communications about religious or political matters; or any other classification protected by applicable law.
Should you require any accommodation through the application process please send an e-mail to the.
No agencies please.
Employment Type
Full-Time
