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Executive Underwriter, Healthcare Risk Solutions

Executive Underwriter, Healthcare Risk Solutions

MarkelChicago, IL, US
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Underwriting Specialist

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 underwrite new business and renewals for Healthcare Risk Solutions for the Central Region in a profitable manner and according to authority level and established guidelines, and drive projects having an impact on the business. Assigned larger, and more complex accounts. Use underwriting tools to determine accurate classifications, rates, and premium charges. Knowledgeable in coverage forms and policy language and appropriate use of forms and exclusions. Promotes the growth and development of less experienced underwriters and fosters teamwork.

Responsibilities

  • Expert understanding and proven ability to underwrite hospital and complex allied / miscellaneous medical facility business
  • Thorough grasp of policy language including primary, lead umbrella, excess follow form, and captive reinsurance
  • Ability to analyze complex loss data and work with experience rating and loss rating; familiar with actuarial concepts and ability to work collaboratively with internal actuaries.
  • Strong ability to present at underwriting meetings with senior executives from existing and prospective insureds
  • Provide policy review and rating guidance.
  • Actively participate in Claims meetings and reviews
  • Quote and bind new and renewal accounts according to our underwriting guidelines and strategy
  • Actively participate in large risk strategy
  • Maintain and adhere to all underwriting file documentation standards
  • Cultivate and improve retail broker relationships across the Central Region
  • Present innovative marketing strategies with the casualty brokerage community
  • Collaboration with Regional Leadership.

Skills & Experience

  • 10+ years of complex retail healthcare professional liability underwriting experience
  • Demonstrated technical knowledge and skills reflective of progression of positions of increasing responsibility.
  • Demonstrated marketing and relationship building skills.
  • Four year college degree and / or CPCU or similar designation preferred.
  • Excellent oral and written communication skills.
  • Microsoft Office skills to include MS Word and MS Excel.
  • Strong analytical and organizational skills.
  • Must be a team player that enjoys a flexible and spontaneous business environment with a desire to succeed.
  • Up to 25% travel (when appropriate)
  • US Work Authorization required. Markel does not provide visa sponsorship for this position, now or in the future.

    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 Underwriting Specialist position is $116k - $160k / year with a 30% bonus potential.

    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.

  • 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.

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