Senior Underwriter - Latent Defects

Do you have Latent Defects Underwriting experience?

Come and progress your career in our Schemes Underwriting team here at Markel U

K
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 realise our potential, we can help others reach their

s.
Join us and play your part in something speci

al!
The opportun

ity:
We have an exciting brand-new opportunity for a Senior Underwriter – Latent Defects to join the Markel team. The role involves hybrid working and can be based from any of our UK offices across either London, Leeds, Manchester, Birmingham or Cro

ydon.
It’s an exciting time in the Schemes division of Markel UK, being a key part of our 2030 strategy. The expertise within the team ranges across underwriting, sales and operations. We have large ambitions in this space, but these ambitions come in hand with dedicated focus to make these ambitions a re

ality.
This role will report into the Schemes Operations Manager and the successful candidate will be responsible for the development, underwriting, and management of a diverse portfolio of latent defects insurance policies, providing expert guidance both internally and externally on matters relating to construction defects risk. You will combine deep technical knowledge of construction practices and insurance with strategic foresight, commercial understanding, and a commitment to delivering best-in-class solutions for clients and partners. It is important that this individual wants to be part of a team and enjoys developing portfolios of bu

siness.
What you’ll b

• e doing:
  Lead the underwriting approach for latent defects insurance in commercial, residential, and mixed-use construction
• projectsAct as a referral point for our broker partners, and work to agreed service levels on the
• accountsOversee the performance of the latent defect’s portfolio, ensuring ongoing profitability and growth. Monitor claims trends, market shifts, and loss ratios to inform renewal and pricing s
• trategiesBuild and nurture productive relationships with brokers and cover holders, representing the business as a subject matter expert in all matters related to latent defects
• insuranceWork closely with the Underwriting Manager to refine and develop latent defects products and wordings, ensuring relevance and competitiveness in the
• UK marketProvide technical support and assistance in reviewing risk surve
• y reportsEnsure all underwriting and reporting activities adhere fully to governance standards, FCA requirements, and other relevant legal and regulatory f
• rameworksMaintain up-to-date knowledge of the UK construction sector, latent defects insurance market, and competitor
• activityContribute to ambitious targets within the Schemes team, and provide support to team members by supporting workloads and sharing technical
• expertiseProvide coaching and technical guidance to less experienced underwriters and contribute to the team’s collaborative learning en

vironment
Our m

• ust haves:
  Significant experience (typically 5+ years) in underwriting construction risks, with a particular focus on latent defects, structural warranty, or similar products within the UK insur
• ance marketTrack record of managing a profitable portfolio and building lasting relationships with brokers
• and clientsExperience of participating in or leading product development, including policy wording and pricing
• strategiesDeep understanding of construction processes, building regulations, and typical causes of lat
• ent defectsIn-depth knowledge of UK latent defects insurance, legislation, and cla
• ims trends.Proficient in risk assessment and mitigation, including the interpretation of technical reports and s
• ite surveysExcellent written and verbal communication skills, with an ability to articulate complex technical concepts clearly to both technical and non-technical
• audiences.Collaborative team mate who values diversity of thought and actively contributes to a positive, high-perform
• ing cultureHigh attention to detail, integrity, and commitment to delivering outstanding cli

ent service

Who we are:
Markel Corporation (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 arou

nd the world.
We’re all about people | We win together | We strive for better | We enjoy the everyday | We

think further
What’s

• in it for you:
  A great starting salary plus generous annual bonus & strong b
• enefits package…25 days paid holiday plus Bank Holidays, with the opportunity to buy /
• sell extra leaveFantastic company pension scheme, private medical and dental cover, life assurance, travel insurance cover, income protection, season ticket loan as well as other great b
• enefits on offerThere are countless opportunities to learn new skills and develop in your career, and we can provide the support needed

to do just that!
Are you ready t

o play your part?
Choose ‘Apply Now’ to fill out our short application, so that we can find o

ut more about you.
Markel celebrates the value of a diverse workforce that brings experience and expertise from a wide variety of backgrounds and life circumstances. Whatever your background, if you feel you meet the requirements of this role then we want to hear from you. We are also happy to consider candidates who are looking for flexibl

e working patterns.
We are an equal opportunity employer and value diversity at our company. We do not discriminate on the basis of race, religion, colour, national origin, sex, gender, gender expression, sexual orientation, age, marital status, veteran status, o

r disability status.
We will ensure that individuals with disabilities are provided with all reasonable accommodations to be able to participate in the job application or interview process and to perform essential job functions if successful. Please contact us via email at rec@markel.com or call us at 0161 507 5827 to request any accommodations that may be needed. This includes any alternative formats of any documents or information on

how to apply off