Real Estate Professional Liability Underwriter

About the role

Victor Insurance Managers Inc., a subsidiary of Marsh, is the world’s oldest and largest underwriting manager of specialty insurance, professional liability, and risk management programs. We are seeking a professional to join its growing Real Estate E&O team in Bethesda, Maryland, with flexibility for other U.S. locations. This hybrid role requires working at least three days a week in the office.

This established team of eight colleagues underwrites and services a high-volume portfolio for the real estate industry, including agents, brokers, property managers, commercial firms, appraisers, title agents, and more.

Responsibilities

• Profitably manage an existing portfolio of renewal business and underwrite new opportunities daily.
• Evaluate client’s exposure to loss based on established program eligibility.
• Utilize underwriting platform to generate pricing and communicate terms to Victor brokers.
• Negotiate final terms and position the Victor value proposition to brokers.
• Engage with our carrier partner to develop bespoke coverages and determine pricing for complex risks.
• Work with both in-house and outsourced support teams to service portfolio.
• On a limited basis, attend industry trade shows and/or travel to meet with broker partners (2-3 trips annually).

Requirements

• Bachelor’s degree and 5+ years of underwriting experience or transferable work experience.
• Strong analytical aptitude and critical thinking demonstrated through work assignments.
• P&C license required, or ability to obtain within 90 days of hire.
• Proficiency in Excel, Word, PowerPoint, and Adobe Acrobat.

Qualifications

• Industry designations such as RPLU, CPCU, or ARM are a plus.
• Strong relationship-building skills with internal colleagues, brokers, and carriers in a collaborative team environment.
• Ability to adapt quickly, make sound independent decisions, and manage multiple priorities with competing deadlines.

Benefits

• Professional development opportunities, interesting work, and supportive leaders.
• Vibrant and inclusive culture with talented colleagues.
• Career opportunities, benefits, and rewards to enhance well-being.
• Health and welfare benefits, tuition assistance, 401K savings and other retirement programs, and employee assistance programs.
• Performance-based incentives.

Pay

The applicable base salary range for this role is $65,300 to $139,000. The base pay offered will be determined on factors such as experience, skills, training, location, certifications, education, and any applicable minimum wage requirements. Decisions will be determined on a case-by-case basis.