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Senior Underwriter War & Terrorism at Markel Corporation in Chicago
Job Description
Senior Underwriter War & Terrorism
Location: Chicago IL
What part will you play? If you’re looking for a place where you can make a meaningful difference, you’ve found it.
The work we do at Markel gives people the confidence to move forward and seize opportunities, and you’ll find your fit amongst our global community of optimists and problem-solvers. We’re 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 underwrite new business and renewals in a profitable manner and according to authority level and established guidelines, and participate in special projects having an impact on the business. Assigned larger and more important agents/brokers. 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. Able to provide coaching to others.Department overview:
The Marine Division is based in London but has some limited representation in other key business locations.
We accept risks in the areas of Hull, Cargo, War, Specie, Liability and Terrorism on a world-wide basis. We
are leaders in a number of our chosen areas and require a commitment to technical expertise and accuracy
to maintain this leadership role. A great emphasis is placed on the relationship between the insured and
insurer with a focus on meeting clients and producers in their home territories. Business is written through
both Markel Syndicate 3000 and Markel International Insurance Company Limited.
What you’ll be doing:
• Maintain War & Terrorism Product Line specific underwriting policies and procedures and collaborate
with management, claims, actuarial and product development to institute changes when appropriate.
• Underwrite new business and renewals in a profitable manner and according to authority level and
established guidelines.
• Utilize underwriting tools to determine accurate classifications, rates, and premium charges.
• Prepare, coordinate and execute product lines specific training for underwriters and support staff.
• Act as advocate for Markel and the War and Terrorism product lines and communicate regularly with
underwriters with authority.
• Promote collaboration with throughout the Markel network to advance line of business profit and
growth goals
• Travel as required when appropriate.
What we’re looking for:
The successful candidate will have:
• 7+ years of current wholesale and/or retail war and terrorism underwriting expertise required;
• Minimum of 5+ years of proven success training, team building, mentoring and performance
management of a commercial insurance underwriting team required;
• Demonstrated expertise in delivering superior underwriting results required;
• Broad understanding of claims, actuarial, product development, regulatory and compliance functions;
• Understand and enjoy working in a highly matrixed environment;
US Work Authorization
US Work Authorization required. Markel does not provide visa sponsorship for this position, now or in the future.
Pay information:
The salary range for this position is $87,100.00 - $181,400.00. The posted salary range reflects the lowest and highest base salary applicable to this role across our U.S. locations. Individual offers are determined based on geographic location, experience, qualifications, internal equity, and other job-related factors. As a result, the salary offered for a specific location will fall within a narrower range than the overall range displayed in this posting. This position may also be eligible to participate in the Company's annual incentive plan.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.
We’re all about people | We win together | We strive for better
We enjoy the everyday | We think further
What’s 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 Markel.com email addresses.
We would also ask that you please report any job employment scams related to Markel to rarecruiting@markel.com.
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 rarecruiting@markel.com.
No agencies please.