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Markel

Managing Director, Inland Marine PLL at Markel

Markel Richmond, VA

Job Description

What part will you play If youre looking for a place where you can make a meaningful difference youve found it.The work we do at Markel gives people the confidence to move forward and seize opportunities and youll find your fit amongst our global community of optimists and problem-solvers. Were 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 development and execution of organizational goals and objectives. Exhibit extensive knowledge of the insurance industry and business operations across assigned product lines with proven success with new product and new business development. Provide leadership direction and support to underwriting teams and/or direct reports. Is responsible for underwriting profitability growth and retention of new and renewal business that is consistent with underwriting strategies. Manage assigned product line(s) to achieve profit revenue loss ratio and expense targets. Ensure effective execution of Best Practices. Develop and maintain relationships with internal resources (PLL Claim Premium Audit etc.) to coordinate the services to customers. Demonstrates the ability to build partnerships with other business groups and identifies and delivers customer and product solutions. Maintains an understanding of all Markel products services and solutions and initiates discussions with other business units as appropriate. Demonstrates the ability to build partnerships with other business groups and identifies and delivers customer and product solutions. Maintains an understanding of all Markel products services and solutions and initiates discussions with other business units as appropriate.What youll 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.Assist and leads the effort in conjunction with PRS to 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 and International platforms through the promotion of the Companys products and services.Assist in the development and implementation of new products.Work within our governance framework to ensure compliance.What were looking for: 15-20 years Inland Marine insurance underwriting experience. Recent underwriting leadership or product management experience.Bachelors degree in risk management or related field from an accredited University/College.Broad understanding of claims actuarial product development regulatory and compliance functions.Strong retail and wholesale broker relationships on a national scale.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%#LI-SY#LI-HybridUS Work AuthorizationUS Work Authorization required. Markel does not provide visa sponsorship for this position now or in the future.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.Were all about people We win together We strive for betterWe enjoy the everyday We think furtherWhats 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 partChoose Apply Now to fill out our short application so that we can find out more about you.Caution: Employment scamsMarkel 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 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.Should you require any accommodation through the application process please send an e-mail to the. No agencies please.Required Experience:Director Key Skills Business Development,Expense Management,Financial Acumen,Management Experience,Profit & Loss,Acquisitions,Investment Banking,Relationship Management,Social Media Management,Financial Modeling,Customer relationship management,Leadership Experience Employment Type : Full-Time Experience: years Vacancy: 1

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