Real Estate Professional Liability Underwriter
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.