About the role
To have the market presence and respect in the line of business underwritten in order to develop further that line of business within agreed business plan parameters. To adhere to the underwriting authority granted. To focus on delivering the agreed combined loss ratio target.
What we ask of you:
- Liaise closely with the APAC marine underwriting teams on new risk submissions and provide engineering focussed reviews on the technology being used
- Perform reviews of survey information.
- Attend site or review client risk management information to help advise clients on risk mitigation strategies.
- Enhance the APAC Marine Team profile with support on thought leadership, conference attendance and speaking as required.
- Complete ad hoc technology reviews including design, track record, natural catastrophe exposures and any related issues underwriters should be aware of.
- Complete desktop and risk surveys for projects and follow market to review and give underwriters a better idea of risk profile.
- Pro-actively target potential revenue streams for the engineering team, identifying opportunities from Markel’s existing client and pipeline base for engineering reviews. Devise business plan for these opportunities and agree budget in coordination with the Regional Marine Teams and Head of Singapore.
- Liaise closely with the claims team on larger claims, to further team understanding of loss trends and to assist in claims adjustments and negotiations with OEM’s.
- Collaborate with existing engineers at Markel to show expert client support from marine
- Work with existing engineers to develop a common reporting and risk scoring framework that will scale through the organisation.
- Assist underwriters in risk selection and understanding new technology.
What you will bring to the role:
The successful candidate will:
- Have at least 8 years of experience as a marine risk engineer, preferably with Naval Architect background within industry and/or with an insurance company.
- Have specific marine and engineering experience, with a technical grasp of current risk factors and underwriting concerns.
- Demonstrate strong report writing skills.
- Demonstrate being an active member of a team and contribute in an open environment.
Aplyr's read
Markel Corporation thrives in the specialty insurance market, attracting professionals skilled in underwriting, claims, and risk management across diverse sectors.
What's promising
- •Markel's diverse segments offer employees exposure to various financial services beyond traditional insurance.
- •The company has a strong reputation in specialty insurance, providing stability and growth opportunities.
- •Markel's global presence allows for international career development and mobility.
What to watch
- •The complexity of Markel's operations may lead to challenging internal processes.
- •Specialty insurance market volatility can affect job security and financial performance.
- •Limited public information about employee satisfaction and work-life balance at Markel.
Why Markel
- •Markel's focus on niche insurance markets differentiates it from standard insurance companies.
- •The company's investment operations provide unique opportunities for finance professionals.
- •Markel's commitment to underwriting specialty risks attracts experts in niche fields.
Aplyr’s read is generated by AI from public sources. Was it useful?
About Markel
Markel Corporation is a diverse financial holding company that markets and underwrites specialty insurance products. The company operates through various segments, including insurance, reinsurance, and investment operations.
