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Director/Senior Director, Professional Liability (Cyber, Misc. E&O)
Markelcorp
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About this role
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 lead and implement the strategic development and execution of organizational goals and objectives. Exhibit extensive knowledge of the insurance industry and business operations across all product lines with proven success with new product and new business development. Provide leadership, direction and support to underwriting teams working on cyber, misc. E&O, and/or direct reports. Is responsible for underwriting, profitability, growth and retention of new and renewal business that is consistent with underwriting strategies. Manage territorial underwriting functions to achieve profit, revenue, loss ratio, and expense targets. Ensure effective execution of Best Practices. In conjunction with the Regional Product Lead and PLL Leadership delegate underwriting authority to staff via letters of authority; monitor and revise as appropriate. Ensure a quality underwriting work product is produced consistent with letters of authority, underwriting strategy, standards and process. Provide coaching and training for underwriting staff based on results of underwriting audit review. Works to ensure that all processing and service standards are met. Communicate identified agency production, training or quality issues to Marketing. Develop and maintain relationships with internal resources (PLL, Claim, Premium Audit etc.) to coordinate the services to customers. Demonstrates the ability to build partnerships with other business groups and identifies and delivers agency and product solutions. Maintains an understanding of all Markel products, services and solutions and initiates discussions with other business units as appropriate.
What you'll be doing: • Adhere to the rules, rates, forms, authority and underwriting guidelines as delegated by Product Line Leadership group
• Execute distribution strategy as provided by Product Line Leadership group
• Responsible for goals and metrics for region and assigned product line group
• Support marketing of product
• Recruit, train, develop and mentor underwriting talent, including building a staff capable of effectively carrying out assignments and specific goals and recommends effective personal actions when needed
• Build and maintain strong working relationships across workgroups with flexibility to change direction quickly based on business needs
• Responsible for evaluating procedures and practices and implementing changes to improve workflows; ensures all business transactions and practices within span of control comply with all legal regulations and are in compliance with all underwriting policies and procedure
• Maintain an understanding of assigned product(s), services and solutions and initiates discussions with other workgroups as appropriate
• Drive change and innovation through continually seeking and implementing transformational solutions for customers and our associate
What we're looking for: • Bachelor’s degree preferred;
• 10+ years of cyber/tech, e&o underwriting or brokering experience required;
• Demonstrated aptitude to manage people and projects;
• 3+ years of direct management experience
• Proven ability to make sound underwriting decisions;
• Strong organizational skills with the ability to handle multiple tasks simultaneously;
• Ability to achieve business goals and objectives;
• Demonstrated sales, marketing and relationship management
• US Work Authorization required. Markel does not provide visa sponsorship for this position, now or in the future.
#LI-Hybrid #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, demonstrated competencies, geographic location, and other factors. The base salary range for the Director, Underwriting position is $162,800-$223,850 with a 55% bonus potential and the base salary range for the Sr. Director, Underwriting position is $188,880 - $259,710 /year with a 55% bonus potential.
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 per
Salary insight
The midpoint of this range ($193k) is about 17% above the median disclosed salary for New York roles listed on ForgeApply ($165k across 8,051 jobs).
Based on live postings with disclosed pay on ForgeApply; refreshed daily. Not an estimate of this employer's offer.
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