Sr. Underwriter

Full Time
Chicago, IL
Posted
Job description
What we look for
Our exceptional and motivated employees are our greatest strength. Our employees provide the highest level of customer service and help maintain our position as a leader in the global marketplace.

Markel Style
The Markel Style is what makes us stand out from our competitors. It's our core value which should underpin how we do business, while influencing our behavior and performance. We are looking for people who have potential and share our passion to live the Markel Style, which is described in more detail below.

If you think you have these core attributes we want to hear from you.
Job Summary:
The primary purpose of this position is to underwrite new business and renewals in a profitable manner and according to authority level and established guidelines for Commercial E&O in the Midwest region. Utilize underwriting tools to determine accurate classifications, rates, and premium charges. Understand state laws, including cancellation and non-renewal, within assigned territory to properly transact business within each state. Knowledgeable in coverage forms and policy language; appropriate utilization of forms and exclusions. Assist with resolving premium audit disputes within assigned agents/brokers.
  • Communicate with underwriting management and product line leader on individual accounts, current and proposed producers, and make recommendations concerning operations, systems and procedures when appropriate;
  • Review submissions and identify exposure and risk from information provided;
  • Underwrite and select new business that will produce an underwriting profit;
  • Review terms, conditions and pricing;
  • Underwrite renewal business and handle related servicing;
  • Implement corrective measures on renewal accounts as needed;
  • Participate in audits and/or underwriting meetings as required.
Qualifications:
  • Minimum 3+ years of underwriting expertise;
  • Demonstrated technical knowledge and skills reflective of progression of positions of increasing responsibility;
  • Four-year college degree and/or working on CPCU or similar designation preferred;
  • Must have excellent oral and written communication skills;
  • PC literate with emphasis on Word, Excel and PowerPoint;
  • Strong analytical and organizational skills;
  • Must be a team player that enjoys a flexible and spontaneous business environment;
  • Up to 25% travel when appropriate.
“Why work for us?”
Diversity and inclusion
Markel is truly a global and diverse company. We believe that diversity makes us better business partners and that embracing people’s differences can bring amazing results and fuel innovation. We have a portfolio of businesses and product lines that operate around the world.
Community involvement
Markel has a rich heritage of supporting communities across the world where our customers and employees live and work. Giving back is part of our history and our future. Our employees share in this philosophy through volunteering, mentoring and fundraising.
Commitment to open doors
Markel is committed to creating the best work environment. Our open-door policy is essential in recognizing business issues as they rise and to address the changing needs of our diverse and global workforce. Challenging management is a component of the Markel Style—some of our best ideas start from a conversation between a manager and an employee.
Entrepreneurial spirit
As the Markel Style states, we pursue excellence, strive for a better way, and share the success of others. Markel associates proactively seek new business opportunities, bringing further success to Markel.

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