Asia Underwriting Graduate Program

What we look for

Our exceptional and motivated employees are our greatest strength. Our employees provide the highest level of customer service and help maintain our position as a leader in the global marketplace.

Markel Style

The Markel Style is what makes us stand out from our competitors. It's our core value which should underpin how we do business, while influencing our behavior and performance. We are looking for people who have potential and share our passion to live the Markel Style, which is described in more detail below.

If you think you have these core attributes we want to hear from you.

Job Summary:
Markel International is the perfect place to kick-start your career in the insurance industry and they are seeking passionate graduates to join their underwriting teams. Throughout the structured training programme you will be supported by senior underwriters, whom all have extensive knowledge and experience in their field. Markel’s supportive management style and training will make you a well-rounded underwriting professional, significantly enhancing your career development through the many progressive opportunities available. You’ll have the opportunity to become an expert in your field, whilst also having exposure to other teams to give you a broad skill set.

Markel's Wholesale division comprise six underwriting divisions with offices around the world. The Asia offices are located in Singapore, Hong Kong, Shanghai, Dubai, Mumbai and Kuala Lumpur, and currently there are 65 colleagues in this region. Working closely with underwriting teams in London, Markel Asia is empowered to underwrite risk on behalf of Markel’s Syndicate 3000 at Lloyd’s.

This programme will be run by Markel International Singapore Pte Ltd. As a graduate on the Asia Underwriting programme, you’ll be assigned to one of the following underwriting divisions:

- Energy provides coverage on a worldwide basis for all aspects of upstream, midstream and downstream oil and gas activities as well as renewable energy.
- Marine provides coverage for liability, hull, war, terrorism, specie and cargo risks worldwide.
- Professional and Financial Risks (“PFR”) underwrites for businesses worldwide and covers both the traditional and emerging risk sectors for professional indemnity, directors and officers and crime exposures. The team also writes differing types of business and industry areas for cyber coverage.
- Trade Credit and Political Risk (“TCPR”) underwrites a variety of trade and investment-related risks using expert knowledge of commercial counterparty and country risks across a wide variety of trade sectors and geographies.

**Responsibilities**:
As a trainee underwriter, you’ll become an expert in your chosen field, with the ability to assess risk and provide specialist insurance coverage for your clients. Within the programme you will:

- Perform back office operations to support the underwriters such as administrative tasks, legal and data management.
- Learn the terms and acronyms used by specialists across the insurance sector.
- Learn how to assess, rate, quote and underwrite the client’s risk.
- Attend lunches and events to build strong relationships with brokers and clients to understand their needs and ultimately deliver good customer service.
- Collaborate and problem-solve with departments, such as finance, actuarial and compliance, to successfully complete a range of challenging yet rewarding tasks which will shape you into an experienced underwriter over a period of time.
- Data entry using a number of systems, including use of Microsoft excel.
- Study towards a credible Chartered Institute of Insurance qualification
- Attend regular check-ins to review performance so that you have every opportunity to progress and gain more autonomy within your role.

Why you should apply:

- Your development doesn’t just stop after your program. Markel are committed to you and your career and so you’ll continue to be supported through training and further qualifications as you continue to progress at Markel.
- Exposure to a number of departments ultimately will lead to a broader understanding of the business and an opportunity to accelerate your career.
- You will have the opportunity to participate in a secondment to our London office (Markel International’s HQ)
- Markel encourages career development by offering 1-1 mentorship to help employees reach their personal targets.
- Competitive starting salary with an excellent package - including 25 annual leave days, group life and medical insurance, dental benefits etc.

Who can apply?
- Patient, proactive, resilient and hard-working graduates, looking for a long-term career in underwriting.
- Strong team players with excellent interpersonal skills who are able to work independently as well as part of a team.
- Organised and dedicated graduates who can self-manage their workload and study effectively to ensure they see results.
- Ability to display clari