Markel · 1 day ago
Director, Professional Liability - D&O/FI
Bermuda, VA
Full-time
Hybrid
Senior Level, Lead/Staff
10+ years expMarkel is a Fortune 500 company specializing in insurance and investment operations. The Director of Professional Liability will be responsible for underwriting the Financial Institutions and Directors & Officers insurance portfolio, analyzing financial conditions, and leading client meetings to assess risks.
Insurance
Responsibilities
Underwrite a book of business including Financial Institutions’ risk management D&O and FI blend lines and Commercial D&O lines for a client base of Fortune 1000 firms
Understand and analyze the financial condition of insureds, including analysis of the Balance Sheet, Income Statement and Statement of Cash Flows
Negotiate with brokers on program structure, premiums, retentions and terms and conditions
Meet outlined objectives related to quote/binder turnaround, policy issuance, renewal management, file maintenance and documentation
Analyze coverage and contract language based on industry-accepted and Markel policy forms
Take lead role in client/underwriter meetings (in-person or remotely) in order to quantify and assess inherent risks and exposures
Maintain up-to-date familiarity with economic and legal factors impacting the FI and D&O portfolio and the overall insurance industry
Assist in management of book rates, aggregate exposure and other aspects of book performance
Assist in managing and supervising other members of the team
Assist in the development and implementation of new products
Cross-sell opportunities to existing clients through the promotion of the Company’s products and services
Participate in projects that have an impact on the business and actively keep your knowledge and skills up to date through courses and seminars where appropriate
Qualification
Required
A minimum of ten years' experience in underwriting for professional liability; a recent focus in Financial Institutions Professional Liability product lines would be beneficial
Four-year degree in business or related field from an accredited University/College
Extensive experience with industry-accepted policy forms and strong working knowledge of applicable endorsement wordings
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 financial statements
Proficiency in Microsoft Office suite applications (Outlook, Word, Excel and PowerPoint)
Strong work ethic
Must be a team player and able to work independently as needed
Benefits
Comprehensive health, vision, dental coverage
Optional life, disability, and AD&D insurance
Pension with an employer contribution
Employee Stock Purchase Plan
Vacation
Sick days
Corporate holidays
Daily lunch
Parental leave
Hybrid working schedules of 3 days in the office and 2 days remote
Company
Markel
As the insurance operations within the Markel Group Inc.
1001-5000 employees
Funding
Current Stage
Late StageLeadership Team
Michael Keimig
President & Chief Executive Officer - Markel Surety Corporation
Richard Whitt
Retired, Co-chief Executive Officer
Recent News
2025-05-28
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