Development Underwriter

Posted 2 July by Avencia Consulting

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Do you have Development Underwriting experience and looking for a great new opportunity?

Come and work with our Broker Underwriting team providing an excellent underwriting service for brokers across the UK


What part will you play? If you're looking for a place where you can make a meaningful difference, you've found it. Because, at Markel, the work you do gives people the confidence to move forward and seize opportunities. Whether you're wild about horses, bananas for boats or driven by data, 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 realise our potential, we can help others reach theirs.

Join us and play your part in something special!

The opportunity:

We have an exciting opportunity for two new Development Underwriters to join the Markel team. The role of the Development Underwriter is to support the development plan for brokers across either the Central or South East regions. We are looking for a Development Underwriter for each region so the roles can be mostly remote based within each region with some office visits and broker visits.

We arrange our business into five channels, with the NMUK Broker Channel the largest and fastest growing of all our of UK business area's. Our broker engagement and subsequently pipeline and new business volumes have increased exponentially.

In order to focus on delivering exceptional support and ensure delivery on our growth ambitions, we segment the UK broker population in to three categories ; strategic, key and development and Connect.

The Development Underwriter is required to build and maintain strong broker relationships, and provide excellent service to brokers. The Development Underwriter will have a strong desire to be highly visible to brokers encouraging development meetings and telephone contact. They will be required to underwrite complex Professional and Management risks including Technology.

What you'll be doing:

  • Provide and maintain a good level of underwriting, demonstrate a thorough knowledge of company guidelines and authority levels, including the Markel process and procedure guides in order to achieve profitability objectives
  • Underwrite complex new business within the defined underwriting authority
  • Actively manage and provide an efficient new business service to brokers to maintain good relationships and to achieve best outcome and win business
  • Responsible for the performance of the Central or South East brokers developing robust relationships
  • Develop new broker relationships as identified and in conjunction with the Broker Development Director to demonstrate our capabilities to ensure Markel is a preferred provider of insurance for PMR
  • Provide input into the Head Of Financial Lines reporting on broker activity and new business production
  • Provide a quarterly update to the Head of Financial Lines and Broker Development Director on key performance criteria for brokers and team performance and development
  • Maintain broker data on the CRM system to ensure it is up to date and accurate.
  • Work with team to identify and secure prospects and opportunities from Central or South East broker panel recording on the CRM system in accordance with the CRM Working Practices guide
  • Promote a coaching and mentoring culture which provides both challenge and support to each team member in the pursuit of a consistent and high quality underwriting service and approach
  • Develop team members' technical knowledge through day to day underwriting referrals and exposure to underwriting more complex risks
  • Developing pipeline with partner brokers to drive growth
  • Work closely with internal partners to deliver the right outcomes for allocated brokers and their customers
  • We are looking for challenging, motivated and success orientated individuals who bring expertise and a desire to build a market leading business

Our must haves:

  • Proven relevant underwriting experience in an underwriting role and demonstrable technical skills
  • Track record in building and developing broker relationships
  • Background and experience in Professional Indemnity and Directors and Officers classes of business desirable
  • Have excellent communication skills
  • Demonstrable IT skills including MS Office, Word, PowerPoint & CRM and show willingness to learn our systems
  • Proven ability to win business whilst maintaining underwriting field

Who we are:

Avencia Consulting are an RPO who provide a recruitment service to our client Markel International.

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.

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:

  • A great starting salary plus annual bonus, car allowance & 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.o participate in the job application or interview process and to perform essential job functions if successful.

Required skills

  • underwriter
  • D&O
  • underwriting
  • financial lines
  • directors and officers
  • professional indemnity

Reference: 53012175

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