Search jobs > Chicago, IL > Director commercial

Sr. Director US RM/Commercial LPL-ML/EPL

Markel Service Inc.
Chicago IL
$218K-$281K a year
Full-time

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 oversee the growth and profitability of the US RM / Commercial LPL-ML / EPL product lines.

Uses established understanding of business dynamics and regulations to achieve results while collaborating effectively with colleagues around the country.

Recognized as a national leader in the insurance industry, possesses strong strategic thinking, creative problem-solving and critical thinking skills.

Executes business strategy, leads change, drives results, promotes enterprise culture, attracts top talent, maximizes individual and organizational performance, communicates effectively, and influences others.

Work to create efficiencies and implement required changes.

What you'll be doing :

  • Delegate underwriting authority to underwriting 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.
  • Assist and oversee product strategy, communication and execution.
  • Provide leadership, direction and support to underwriting teams. Is responsible for underwriting, profitability, growth and retention of new and renewal business that is consistent with underwriting strategies.
  • Forward-facing to key external broker partners and clients.
  • Maximizes individual and team performance.
  • Drive results through effective communication and leadership.
  • Responsible for overall performance of the products relative to established growth, profit, and combined ratio targets.
  • Presents to senior management on key indicators, metrics, and drivers that impact the attainment of business goals.
  • Acts as a knowledge expert within the company on industry trends related to assigned products and educates the organization on best practices in the market, assisting and leading the product line leaders as they make recommendations on product design, price and development efforts.
  • Supports the product lines in the analysis of coverage and contract language based on industry accepted policy forms.
  • Drive accountability / leadership across our initiatives within the Retail / Wholesale Platforms and across all Territories / Regions in the US.
  • Drive cross-sell opportunities to existing customers and brokers for the US RM Professional Liability platform through the promotion of the Company’s products and services.
  • Assist in the development and implementation of new products.
  • Work within our governance framework to ensure compliance.

What we're looking for :

  • 8-10+ years Professional Liability insurance underwriting experience. Recent underwriting leadership or product management of US RM / Commercial LPL-ML / EPL US product lines;
  • Bachelor’s degree in business or related field from an accredited University / College.
  • Broad understanding of claims, actuarial, product development, regulatory and compliance functions;
  • Strong Retail / Wholesale broker relationships on a national scale required;
  • Strong interpersonal and management skills, the ability to communicate effectively, and excellent negotiation skills.
  • Strong analytical skills and excellent problem solving / decision making abilities.
  • Ability to work extended hours and travel at short notice.
  • Minimum travel 35%

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.

Markel offers hybrid working schedules of 3 days in the office and 2 days remote.

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.

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 salary for the Sr. Director level position is $218k to $281k with a 55% bonus. The salary for the Managing Director position is $250K to $375k with a 50% cash target and 35% LTI potential.

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.

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.

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.

30+ days ago
Related jobs
Markel Service Inc.
Chicago, Illinois

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 ...

Beam Suntory
Chicago, Illinois

Director, North America Insights and Commercial Analytics is responsible for providing strategic guidance and actionable insights to drive the growth of Suntory Global Spirits portfolio in the Americas (US primarily with a halo into Canada) which includes a range of iconic spirits brands such as Jim...

Beam Suntory Inc
Chicago, Illinois

Director, North America Insights and Commercial Analytics is responsible for providing strategic guidance and actionable insights to drive the growth of Suntory Global Spirits portfolio in the Americas (US primarily with a halo into Canada) which includes a range of iconic spirits brands such as Jim...

US Foods
Rosemont, Illinois
Remote

Review and interpret complex contracts and other legal documents while applying a working knowledge of relevant legal subject matter which may include contract formation and interpretation, Attorney-Client Privilege and Work Product Doctrine, Uniform Commercial Code, Federal Anti-Kickback Law and Re...

ADM
Chicago, Illinois

Position must: a) bridge market trend perspectives to articulate differentiated ADM value propositions and compelling reasons elevating ADM as a first-call partner supplier to customers; b) collaborate with the sales team to drive customer engagement opportunities, focusing on generating project pip...

US Foods
Rosemont, Illinois

Business owner of the Enterprise Dashboard, the “North Star” performance management tool that tracks the safety of our employees, the experience of our customers, and the profitability of our business against our annual operating plan. Strategic Agility – must possess a clear understanding of comple...

Promoted
CSI DMC
Chicago, Illinois

Director of National Sales (Midwest Market / Chicago based). The Director of National Sales / Midwest Market (DONS) for CSI DMC, is a key leadership position within the organization. Reviews sales reports and ensures accuracy on sales data every week. Meets with the National Sales Team weekly or as ...

Promoted
Slalom Consulting
Chicago, Illinois

Your primary responsibilities include defining project delivery roadmaps, hands-on management of complex projects with multiple work streams, and building strong partnership with clients. Agile Software delivery as a Project, Product or Program Manager, preferably leading Salesforce solutions. Our t...

Promoted
AtkinsRéalis
Chicago, Illinois

Serve as a technical manager and/or project manager for projects; provide technical oversight. Senior Traffic Project Manager. Assists project staff in developing work plans; reviews and approves schedules, budgets, project milestone dates, and work products. Oversees financial performance of projec...

Promoted
Accenture
Chicago, Illinois

Accenture is a leading global professional services company that helps the world's leading businesses, governments and other organizations build their digital core, optimize their operations, accelerate revenue growth and enhance citizen services-creating tangible value at speed and scale. We are un...