[Hiring] Director / Sr. Director, Life Sciences, Product Line Leader @Markel Service Inc.
Apr 05, 2025 - Markel Service Inc. is hiring a remote Director / Sr. Director, Life Sciences, Product Line Leader. 💸 Salary: $175k - $225k with 55% bonus potential. 📍Location: USA.
Role Description
The primary purpose of this position is to lead the strategic Life Sciences product to achieve targeted profitability goals in line with established targets. This role will be responsible for developing, communicating and executing upon the goals and objectives established by the Product Line Leader. The role will provide leadership, direction, coaching, mentorship and overall support to the regional Life Sciences underwriting teams to achieve effective execution of best practices. Other areas core to this role would consist of monitoring and revising authority as needed, enhancing underwriting guidelines on a regular basis and performing periodic audits of the portfolio. Effective engagement with Regional, Actuarial, Claims, IT and Operational leadership will be essential to ensure all the Life Sciences product is delivering on the established profitability targets while meeting client needs.
What you'll be doing:
- Proactively identify new market opportunities and product offerings as well as support cross-sell opportunities by identifying client needs
- Maintain product Line specific technical pricing standards and underwriting authority within the Life Sciences product line
- Set underwriting standards and strategy for the Life Sciences product
- Manage the Life Sciences product through continuous Portfolio Management
- Provide clear underwriting direction to regional underwriting teams and ensure effective execution in line with product goals
- Prepare, coordinate and execute product line specific training for underwriters and support staff
- Provide reviews of accounts beyond assigned authority levels
- Transmit concerns/feedback to Senior Leadership regarding product, underwriting and claims concerns based on interactions with management, underwriters and producers
- Work with Retail and Wholesale Business Development teams to target producers as well as manage client relationships
- Assist with the development of new business opportunities
Qualifications
- Minimum of 8 years of underwriting expertise with at least 5 years of underwriting experience within Life Sciences
- Undergraduate degree preferred
- Graduate degree and/or industry designations would be a definite plus
- Superior verbal and written communication skills
- Collaborative style
- High energy, pro-active self-starter; someone with a strong sense of urgency
- Demonstrated ability in setting and meeting objectives and getting leadership, peers and underwriters to “buy in” through superior influencing skills
- Flexible and spontaneous qualities are key elements to the success of this position
- Interpersonal skills necessary to achieve desired goals and to interact effectively
- A high level of confidence, integrity, energy and enthusiasm, executive presence and a personality that fits the “Markel Style”
- Ability to travel 25%
- US Work Authorization required
Benefits
- Competitive benefit programs that help meet our diverse and changing environment
- Multiple health, dental and vision insurance plan options
- Optional life, disability, and AD&D insurance
- 401(k) with employer match contributions
- Employee Stock Purchase Plan
- PTO, corporate holidays and floating holidays
- Parental leave
- Hybrid working schedules of 3 days in the office and 2 days remote
Company Description
Markel Group (NYSE – MKL) is 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
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| 📍 | Be aware of the location restriction for this remote position: USA |
| ‼ | Beware of scams! When applying for jobs, you should NEVER have to pay anything. Learn more. |
|
Salary
💸
$175k - $225k with 55% bonus potential
|
Remote
Location
USA
|
|
Job Type
full-time
|
Posted
Apr 05, 2025
|
| 📍 | Be aware of the location restriction for this remote position: USA |
| ‼ | Beware of scams! When applying for jobs, you should NEVER have to pay anything. Learn more. |
