DirectorSr. Director Binding Product Line Leader
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Job Location:
Richmond, VA - USA
Monthly Salary:
$ 188800 - 259000
Posted on:
Yesterday
Vacancies:
1 Vacancy
Job Summary
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 primary purpose of this position is to lead and implement the strategic vision and plan of the Binding P&C portfolio within Markel Wholesale & Specialty. This role will provide leadership direction and support to underwriting team(s) and/or direct reports. It is responsible for product profitability growth and retention of new and renewal business that is consistent with underwriting strategies.Additionally this role will work with Senior and Executive Management and be accountable for reviewing and evaluating referrals for pricing coverages and loss detail in order to underwrite profitable business in a portfolio. The role will involve developing and maintaining productive relationships within assigned UW segments; product line management; Senior/Executive Management; Business Development and shared service functions.
What youll be doing:
Support the product line leaders in the analysis of coverage and contract language based on industry accepted policy forms
Support product line leadership as a knowledge expert within thebindingspace on industry trends related tobindingproducts assists the product line leaders as they make recommendations on product design price and development efforts and aidsbindingstrategy execution
Support product line by leading efforts to understand monthly trends within the portfolio
Manage the portfolio to achieve profit revenue loss ratio and expense targets.
Ensure effective execution of best practices
Provide coaching and training for underwriting staff based on results of underwriting audit review
Develop and maintain relationships with internal resources (Actuarial Product Development Claim IT Operations Regulatory etc.) to coordinate services to customers and ensure that superior products are being delivered to our internal and external customers
Property and/or Excess underwriting experience preferred
Manage and triage program business withinBindingproduct line
Participate in quarterly portfolio audits as required
Closely collaborate with our four regional underwriting teams to communicate and execute product line strategy
Represent thebindingproduct line where required to both internal and external customers
Travel Expectation 25-35%
What were looking for:
5-7 years of casualty underwriting experience
Insurance designations preferred but not required
Bachelors degree in business or related field from an accredited university/college
Strong interpersonal and management skills the ability to communicate effectively and excellent negotiation skills
Strong analytical skills and excellent problem solving/decision making abilities
#LI-AB
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 national average salary range for the Director Underwriting is $162800 - $223800 with a 55% incentive target Sr. Director Underwriting is $188800 - $259000 with a 55% incentive target.
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.
Required Experience:
Exec
