Cyber Underwriter
Job Location:
Monthly Salary:
Posted on:
Vacancies:
Job Summary
Come and progress your career working with our dedicated Cyber Division in our London office here at Markel !
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.
The opportunity:
We have an exciting opportunity for a Cyber Underwriter to join the Markel team. The Cyber Team is focussed on writing international UK-domiciled and US Wholesale business on a primary and excess of loss basis. The Cyber team write open market business as well as via cover holders that we support as a team. We provide an excellent service via our expert Cyber Underwriters who offer a flexible and innovative approach to underwriting that ensures we provide solution focussed products to our brokers and clients. This role is based within the Cyber team of which there are six members. The Cyber portfolio underwritten by the Cyber team offers insurance to mid-size corporate clients up to large multinational and international clients.
What youll be doing:
Help in raising the profile of Markel and the team in Cyber
Demonstrate a strategic and structured approach to broker development communicate the Markel story to brokers and customers in a compelling and credible way that supports the brand
Create and provide Thought Leadership for the Cyber Team
Manage a portion or industry within of the Cyber Portfolio analysing working with Actuaries and creating strategy for the portfolio
Collaborate with Markel claims colleagues on broker and customer meetings to maximise business development opportunities as well studying claims trends and losses in order to further our Underwriting approach
Challenge wordings/clauses lead in navigating the complexities of drafting & amending wordings/ clauses and raise concerns to Head of Cyber/wordings team
Contribute to innovation within the product suite providing expert input into the creation of new products and proactive input into the refinement of existing products or the services relating to the product. Seek to regularly analyse competitors products capabilities and appetite and share within the team
Proactively develop own and enhance our customer offering within Cyber actively engaging with customers to identify their needs and provide solutions to problems as well as seeking new ways to enhance the customer experience
Take the lead in developing and managing key Cyber specific broker relationships.
Actively lead and manage pipelines for the team. Influence brokers and advance Markels interests through strong interpersonal and presentation skills
Identify new distribution and Delegated/Cover holder opportunities and where appropriate implement them
Manage your own renewal book of business in line with appetite and strategy including combined ratio targets
Our must haves:
Strong experience of Cyber Underwriting
Underwriting Insights and Risk Acceptance
Portfolio Management
Underwriting Data Analysis
Actuarial Concepts
Claims Service and Data Analysis
Wording Comprehension and Improvement
Excellent relationship management skills
Who we are:
Markel Corporation (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
25 days paid holiday plus Bank Holidays with the opportunity to buy / sell extra leave
Fantastic company pension scheme private medical and dental cover life assurance travel insurance cover income protection season ticket loan as well as other great benefits on offer
There are countless opportunities to learn new skills and develop in your career and we can provide the support needed to do just that!
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.
Markel celebrates 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 are a Disability Confident Committed employer which means we will youll have a positive experience applying for a role at Markel and are able to perform at your best. If there are any adjustments we can reasonably make to ensure that the process is accessible for you at every stage please let us know.
We will ensure that individuals with disabilities are provided reasonable accommodation to participate in the job application or interview process to perform essential job functions and to receive other benefits and privileges of employment. Please contact us to request accommodation.
#LI-Hybrid #PlayYourPartUK
About Company
Markel provides specialty insurance coverage and creates seamless solutions across multiple types of insurance risks for the US market and around the globe.
