Real Estate Professional Liability Underwriter
We are seeking a talented individual to join our team at Victor, based in Bethesda, Maryland, with flexibility for other U.S. locations. This is a hybrid role requiring at least three days a week in the office.
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. This role is part of the growing Real Estate E&O team, an established group of eight colleagues underwriting and servicing 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, including health and welfare benefits, tuition assistance, 401K savings, 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.