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 vision and plan of Markel's Cyber and Tech E&O product lines. Provide leadership, direction and support to underwriting teams. Is responsible for product profitability, growth and retention of new and renewal business that is consistent with underwriting strategies. Manage assigned product lines to achieve profit, revenue, loss ratio, and expense targets. Ensure effective execution of best practices. Provide coaching and training for underwriting staff. Develop and maintain relationships with internal resources (Actuarial, Product Development, Claim, IT, Operations, Regulatory, etc.) to coordinate services to customers and ensure that superior products are being delivered to our internal and external customers.The primary focus of this role is working with the Sr. Director, Cyber/ Technology E&O, in the underwriting governance and continued development of the Cyber/ Technology E&O product line.Responsibilities:
- Assist in the continued product development, strategy and portfolio management of the Cyber/ Technology Liability suite of products
- Manage and handle account referrals from the Cyber/ Technology underwriters
- Assist underwriters in negotiations with brokers on program structure, premiums, retentions, and terms and conditions
- Assist with product development, language and endorsement drafting and maintenance
- Responsible for account auditing and compliance
- Work with Cyber/ Technology Senior Director to achieve financial goals and metrics for the product line
- Champions underwriting optimization
- Acts a knowledge expert on industry trends and helps facilitate comprehensive, relevant and effective underwriter training
- Work with Claims, Product Regulatory Services and Actuarial as needed
- Attendance in marketing visits and or broker meetings or events
Qualifications, Education and/or Experience:
- A minimum of eight plus years’ experience in underwriting, claims and/or brokering in Cyber/ Technology Liability or Professional Liability; recent managerial experience a plus
- Four-year degree in business or related field from an accredited University/College, or equivalent related years of work experience
- Strong customer service focus and interpersonal skills, the ability to communicate effectively, and excellent negotiation skills;
- Strong analytical and organizational skills and excellent problem solving/decision making abilities;
- Solid understanding of cyber security protocols, industry specific emerging risks, and regulatory landscape
- Must be a team player and work independently as needed
- High energy, ability to deliver exceptional written and
- Verbal presentations, both internally and externally
- 25% travel required
- Strong worth ethic and sense of urgency
- Ability to work in a Markel office or Hybrid model as required
#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, licensure, demonstrated competencies, geographic location, and other factors. The national average salary range for the Director position is $162,800 - $223,850/year with a 55% incentive.
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 [email protected].
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 [email protected].
No agencies please.
Skills Required
- A minimum of eight plus years' experience in underwriting, claims and/or brokering in Cyber/ Technology Liability or Professional Liability
- Four-year degree in business or related field from an accredited University/College, or equivalent related years of work experience
- Strong customer service focus and interpersonal skills, effective communication, and excellent negotiation skills
- Strong analytical and organizational skills and excellent problem solving/decision making abilities
- Solid understanding of cyber security protocols, industry specific emerging risks, and regulatory landscape
What We Do
At Markel, we believe in hard work, a zealous pursuit of excellence, and fairness in all our dealings. Markel Corporation (NYSE: MKL) is a global Fortune 500 company headquartered in Richmond, Virginia. We seek to be a leader in each of our pursuits, with insurance being our primary business. As a market leader for specialty insurance, reinsurance, and investment operations around the world, Markel embodies integrity, commitment, teamwork, and innovation in every day operations. We are encouraged to look for a better way to do things. Since our founding in 1930, we have sought to know our customers’ needs and to provide quality products and service. Markel specializes in providing coverage for hard-to-place risks for a variety of niche markets including: • Agricultural and equine risks • Reinsurance for large risk enterprises such as oil rigs • Event cancellation insurance for weddings, concerts, and sporting events • Inland marine coverage for fine art collections • Environmental pollution • Yachts, ATVs, and motorcycles At Markel we provide an atmosphere in which people can reach their personal potential. We are results-oriented, and we continually strive for a better way to do things. The Markel approach is one of spontaneity and flexibility. Markel helps employees balance work and social activities. Markel gives you the keys to success! Keeping an open mind and learning new skills allows our associates to stay ahead of the marketplace. Above all, we enjoy what we are doing. There is excitement here that comes from innovating, creating, striving for a better way, sharing success with others…winning. That is the Markel Style.
