Structured Portfolio Solutions, Senior Underwriter

  • Markel Corporation
  • Feb 13, 2025
Full time Banking

Job Description

Structured Portfolio Solutions, Senior Underwriter

Structured Portfolio Solutions, Senior Underwriter

Apply locations London - UK time type Full time posted on Posted 2 Days Ago job requisition id R The Structured Portfolio Solutions Insurance Underwriter will be responsible for underwriting multi-line, cross-class facilities within the London wholesale market. This role involves leveraging data insights to optimize portfolio performance and collaborating with various stakeholders to ensure effective risk management and profitable underwriting returns.


Who we are:

Business Unit overview:

The newly created Specialty Division underwrites a portfolio of business in areas such as International Casualty, Trade Credit, Political Risk, Surety, Equine and Livestock, Marine and Energy Liability, and Transport & Logistics on a global basis. This division maintains a leadership position in these areas by emphasizing technical expertise and accuracy. It prioritizes the relationship between the insured and insurer, focusing on engaging clients and producers in their home regions.

What you'll be doing:

This role is responsible for underwriting multi-line, cross-class facilities within the London wholesale market. The successful candidate will build and maintain excellent relationships with targeted brokers and participate in marketing initiatives as required. They will be actively involved in the business planning process and product development, ensuring alignment with the directives of the DMD. The role involves working independently, making underwriting decisions with minimal referral to the DMD, and managing, coaching, and supporting the underwriters reporting to them.

Key Skills:

  • Experience: Proven experience in underwriting within the London wholesale market, a focus on multi-line, cross-class facilities or portfolio underwriting would be preferential.
  • Skills: Strong analytical skills, attention to detail, and the ability to interpret complex data.
  • Technical knowledge: diverse interest and curiosity in a variety of lines of business across the market.
  • Data Analytics: strong analytical mindset with demonstrable experience analysing data.
  • Reporting: Prepare and present regular reports on portfolio performance, underwriting results, and market insights to senior management.
  • Communication: Excellent communication and interpersonal skills.
  • Certifications: Relevant industry certifications (e.g., ACII, Chartered Insurer) are preferred.

What's in it for you?

  • A great starting salary plus annual bonus & strong benefits package.
  • Up to 16% company pension scheme.
  • Private medical and dental cover, Menopause plan, emergency care benefit (children/Pets/dependants).
  • Income protection, Life assurance, electric car scheme, travel insurance.
  • 25 days paid holiday plus Bank Holidays, with the opportunity to buy/sell extra leave.
  • As well as other great benefits on offer there are countless opportunities to learn new skills and develop in your career!

Are you ready to play your part?

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, reach their full potential and seize opportunities. You'll find your fit amongst our diverse global community of optimists and problem-solvers.

Join us and play your part in something special!

Choose 'Apply Now' to fill out our short application, so that we can find out more about you.

At Markel we are all about the people, celebrating the value of a diverse workforce that brings experience and expertise from a wide variety of backgrounds and life circumstances. Whatever your background, if you feel you meet the requirements of this role then we want to hear from you.