Marine & Energy Portfolio Underwriter

London - UK

Monthly Salary: Not Disclosed

Posted on: 30+ days ago

Vacancies: 1 Vacancy

Job Summary

We are seeking a highly motivated and experienced insurance professional to join our Marine & Energy team in London. The ideal candidate will have experience in the insurance industry preferably within Marine and Energy classes and will be responsible for portfolio underwriting of Markels fast-follow insurance products. This role requires a strong understanding of the London insurance market excellent analytical skills and the ability to oversee procedures within and outside the organization.

Were all about people We win together We strive for better We enjoy the everyday We think further

Who we are:

Business Unit overview:

Markels M&E team is dedicated to providing innovative and tailored insurance solutions to meet the diverse needs of our clients. The Marine and Energy Division is part of a Wholesale group offering services for various specialty lines such as Equine and Livestock Marine and Energy Liability Trade Credit Political Risk and Surety (TCPRS). Our underwriting teams are known for their expertise in underwriting complex risks and delivering exceptional service. The Energy team focuses on underwriting a wide range of energy risks including upstream midstream & downstream energy Power & Sustainable Energy and Marine liabilities whilst the Marine short tail team specialises in cargo specie hull and war lines. Our team of experienced underwriters is dedicated to providing comprehensive coverage and exceptional service to our clients. The division is led by industry experts who are committed to driving sustainable profitable growth and strengthening relationships with key stakeholders

Part of 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.

What youll be doing:

Underwrite Markels Fast-Follow marine and energy portfolios ensuring long term profitability and growth
Build and maintain strong relationships with key stakeholders internally and with broker counterparts externally
Conduct thorough and regular whole-account assessments and make informed underwriting decisions steering the portfolio towards constant profitability.
Collaborate with other underwriters and team members to achieve business objectives efficiently.
Monitor aggregates including catastrophe management within corporate thresholds and maximum capacities.
Maintaining accurate capture of aggregation risk and technically rated premium data on the company systems.
Portfolio Analysis using various software and data analysis systems & reporting on portfolio performance as required
Prioritise customer experience with best-in-class response times to all stakeholders
Ensure compliance with company policies procedures and regulatory requirements.
Work within the efficient and effective workflow procedures within the portfolio

Key Skills:

Experience in the insurance industry preferably within the marine and energy market.
Strong analytical and decision-making skills.
Demonstrate being an active member of a team and contribute in an open environment with excellent communication and interpersonal skills.
Proficiency in using Microsoft Office Suite and PowerBI portfolio analysis tools
Experience with Cat / Aggregation Management software would be an advantage.
An ACII qualification or being in the process of obtaining it would be beneficial.

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 problem-solvers. 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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