Marsh & McLennan Companies

Senior Property Underwriter - Victor US - (VicUS#)

Posted on: 24 Feb 2021

Morristown, NJ

Job Description

Victor is seeking candidates for our Sr. Property Underwriting position based in Morristown:

This position is responsible for the underwriting and on-going support of domestic and multi-national property programs that are written on a shared & layered basis. The business will be written on behalf of an A+ rated global carrier through the US offices of our exclusive distribution source

What can you expect?

* To become an important team member of one of the largest and most innovative programs within Victor.
* You will support the success of the Marsh Property practice and will drive the engagement of Alternative capital as part of retail insurance products.
* Within the first 30 days you will need to quickly gain an in-depth understanding of the operational process, program rules, and engage with the underwriting team. Within 60 days you will need to begin to assist team members with their assigned books. Within 90 days you will begin to support a book of business, and engage with the marsh brokerage team.
* Join a growing team who is very seasoned in the industry.

What is in it for you?

* Gain exposure to key stakeholders and have the ability to make strong business connections.
* An opportunity for long term growth within a dynamic and growing business unit.
* Ability to make an immediate impact to support our book of business and growth of the organization.
* Exceptional benefits, great time off and additional perks that come with working at Marsh.

We will count on you to:

* Underwriting The ability to review and document accounts based on program authority. Engage carrier program manager to gain authority for underwriting exceptions.
* Business Development Obtain your brokers license and travel to broker & insured locations throughout the United States in support of the continued growth and profit of the Alternus (property) program.
* Policy Management Ability to manage all phases of the policy life cycle and work collaboratively with our support team to insure a high level of customer service
* Systems Support Ability to adapt to various systems and develop the skills necessary to support client management, continued development and testing
* Process Management ability to adapt to the program workflow, support enhancement and effectively work with a remote team.
* Communicate and collaborate with business partners in other functional areas, including Underwriting, IT, Distribution, Marketing, Actuarial, Accounting and Finance.

What you need to have:

* 5-10 years of property underwriting experience, including shared and layered programs
* Strong analytical aptitude and critical thinking as demonstrated through work assignments
* P&C license mandatory, or ability to obtain
* Proficient skills in Excel, Word, PowerPoint, Adobe Acrobat, & PAS/Underwriting systems

What makes you stand out:

* Ability to build strong relationships and build rapport with internal colleagues, brokers and carriers
* Ability to educate and influence beyond primary scope
* Detail orientation and a desire to learn
* Resourcefulness with the ability to bring solutions and ideas to the firm.
* Being a part of a collaborative team to make an immediate impact while handling multiple priorities with competing deadlines.

Victor Insurance Holdings, formerly known as The Schinnerer Group, is the worlds largest managing general underwriter with locations in the US, Canada, UK, Netherlands, Germany, Italy, and Australia. It handles more than $1.6 billion USD in premium on behalf of numerous insurance carriers, through a large network of more than 25,000 active insurance agents and brokers. With deep, specialized underwriting expertise, the company provides a wide range of insurance coverage from specialty property and casualty and professional liability insurance to group and retiree benefits. Victor Insurance is committed to building on 60-plus years of experience to develop products that address risk in new and evolving areas. For more information, visit www.victorinsurance.com.

Marsh & McLennan Companies

New York, New York

Marsh & McLennan Companies, Inc., a professional services company, provides advice and solutions to clients in the areas of risk, strategy, and people worldwide. It operates in two segments, Risk and Insurance Services, and Consulting. The Risk and Insurance Services segment offers risk management services, such as risk advice, risk transfer, and risk control and mitigation solutions, as well as insurance, reinsurance broking, catastrophe and financial modeling, and related advisory services; and insurance program management services.

This segment serves businesses, public entities, insurance companies, associations, professional services organizations, and private clients. The Consulting segment provides health, wealth, and career services and products; and specialized management, as well as economic and brand consulting services. The company was founded in 1871 and is headquartered in New York, New York.

  • Industry
    Business Services
  • No. of Employees
    65, 000
  • Jobs Posted
    758

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