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Join us and play your part in something special!
This role is responsible for heading the Professional Liability offering in U.S. Wholesale & Specialty division. This entails leading multiple products and teams with responsibility for setting underwriting appetite, minimizing adverse selection, delivering profitable growth, product development, strategic positioning and underwriting governance within the Professional product line. This role involves the leadership of a product line team responsible for achieving profit goals through the development of underwriting strategies, growing and leveraging underwriting talent, portfolio management, and delivery of products to partners and customers.
This individual will lead the implementation and maturing of the business strategy and create a long-term vision for the Professional Liability. This individual will implement a practical plan to make that vision operational, and develop, lead, and inspire a world-class organization to support it. In addition to being responsible for the direction and oversight of the line of business, client management and business development activities, he/she will advise on relevant issues across the entire organization and create and sustain a culture that attracts, develops and retains critical talent. This individual will partner with Wholesale & Specialty Leadership and key regional stakeholders to ensure execution of the strategy set for the products within the line of business is achieved.
- Build a high performance culture with product line leaders to develop and drive strategies to achieve underwriting profitability targets
- Monitor performance and facilitate coordination of business plans
- Collaboration across the business, such as claims, regional leadership, distribution, loss control, to deliver an enterprise approach to product development and customer service.
- Enhance line of business understanding, depth and expertise across platforms
- Understand current industry trends including emerging issues
- Develop and facilitate the implementation of strategies to manage corporate capacity on accounts
- Provide talent development, create opportunities for advancement, organizational visibility for line of business members
- Build depth in the underwriting organization and leverage talent in the product line management group and divisions
- Align underwriting teams at the line of business level
- Enhance Markel’s ability to understand and respond to competitive pressures, and identify opportunity gaps
- Facilitate thought leader participation in line of business initiatives
- Support the CUO on line of business topics including emerging risks
- Serve as a line of business referral executive to ensure risks are managed within appetite
- Identify, monitor and implement actions for addressing industry trends and emerging risks
- Contribute to reinsurance buying decisions
- Implement policies and guidelines that span the underwriting organization
- Lead long range strategic plans for the line of business
Qualifications:
- Education:
- Bachelor’s degree required
- Advanced degree or professional designation (e.g. CPCU, RPLU) preferred
- Required Experience:
- Minimum of 15 years underwriting experience with a history of profitable growth
- Broad-based background in the line of business with experience in SME and large accounts; primary, excess, admitted and non-admitted products
- Experience in all distribution channels with a solid industry reputation
- Demonstrated record of product leadership including building teams
- Deep technical knowledge of Professional Liability lines of business
- Preferred Qualifications:
- Strong portfolio management capabilities
- Highly effective interpersonal, management, and communication skills
- Strong analytical skills and excellent problem solving/decision making abilities
- Works well in a matrix environment providing leadership and teambuilding across the organization
- Ability and desire to embrace technology and data in individual underwriting and portfolio management
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 Managing Director position is $250k - $350k/year with a 65% bonus potential and 35% LTI.
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
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.
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:
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.
