Jobs · Finance · Illinois

Real Estate Professional Liability Underwriter

Victor · Chicago, IL · Yesterday
HybridFinance$65k–$139k/yrFull-time

About the role

This is a hybrid role based in Bethesda, Maryland, with flexibility for other U.S. locations, requiring at least three days a week in the office. Victor Insurance Managers Inc., a subsidiary of Marsh, is seeking a professional to join its growing Real Estate E&O team. 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
  • Range of career opportunities
  • Competitive total rewards package including health and welfare benefits, tuition assistance, 401K savings and other retirement programs, and employee assistance programs
  • Performance-based incentives may be available

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.

Schedule

This is a hybrid role with a requirement of working at least three days a week in the office. Office-based teams will identify at least one "anchor day" per week on which their full team will be together in person.

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