Company:
Victor
Description:
We are seeking a talented individual to join our Underwriting team at Victor. Victor is the leading global managing general underwriter, helping customers define and address risk.
This role will be based in New York or Bethesda. This is a hybrid role that has a requirement of working at least three days a week in the office. The Chief Underwriting Officer (CUO) will play a pivotal role in shaping the underwriting strategy and ensuring the sustainable profitability and growth of our P&C insurance portfolio.
We will count on you to:
Develop and implement a comprehensive underwriting philosophy, standards, and strategies that align with business goals, regulatory compliance, and risk tolerance.
Lead oversight of the P&C insurance portfolio, ensuring sound risk selection, balanced exposure, and profitable growth.
Drive the growth of existing programs and spearhead the development of new programs that align with client needs and market opportunities.
Build, mentor, and manage high-performing underwriting teams across multiple geographies and segments, fostering a culture of collaboration and excellence.
Collaborate with product and actuarial teams to design, refine, and launch innovative insurance products that respond to market needs and emerging risks.
Strengthen relationships with distribution partners, reinsurers, MGAs, and brokers to support underwriting goals and facilitate market expansion.
What you need to have:
Bachelor's degree in Insurance, Business, Risk Management, or related field (CPCU, ARM, or advanced degree preferred).
Minimum of ten years of progressive P&C insurance underwriting experience, including leadership of multiple programs within a business.
Proven ability to coach, mentor, and engage teams effectively, with strong leadership skills in managing distributed teams and complex portfolios.
What makes you stand out:
A disruptor mentality to drive and transform the business with a focus on innovation and adaptability.
Demonstrated ability to grow the business and launch new programs while maintaining underwriting discipline and profitability.
Proficiency in underwriting systems, data analytics, and emerging insurtech tools, with a focus on leveraging technology for competitive advantage.
Why join our team:
We help you be your best through professional development opportunities, interesting work and supportive leaders.
We foster a vibrant and inclusive culture where you can work with talented colleagues to create new solutions and have impact for colleagues, clients and communities.
Our scale enables us to provide a range of career opportunities, as well as benefits and rewards to enhance your well-being.
Marsh, a business of Marsh McLennan (NYSE: MMC), is the world’s top insurance broker and risk advisor. Marsh McLennan is a global leader in risk, strategy and people, advising clients in 130 countries across four businesses: Marsh, Guy Carpenter, Mercer and Oliver Wyman. With annual revenue of $24 billion and more than 90,000 colleagues, Marsh McLennan helps build the confidence to thrive through the power of perspective. For more information, visit marsh.com, or follow on LinkedIn and X.Victor offers a connected culture of talented, inspired individuals, and a work environment where colleagues can grow and succeed. At Victor, your voice is heard, your skills are sharpened and your ambitions nurtured. We value diversity in thought and background and are looking for individuals who are up for the challenge of creating the insurance enterprise of the future. If that’s you, join us on our journey—with us by your side, you’ll be ready to tackle tomorrow’s challenges. Victor Insurance Managers LLC (“Victor”) is one of the world’s largest managing general underwriters with locations in the US, Canada, UK, Netherlands, Germany, Italy, and Australia. It handles more than $4 billion USD in premium on behalf of numerous insurance carriers, through a large network of more than 20,000 active insurance agents and brokers. With deep, specialized underwriting expertise, the company delivers a wide range of insurance solutions – from specialty property and casualty and professional liability insurance to group and retiree benefits. Victor is committed to building on 65-plus years of experience to develop products and services that address the complex needs of its customers. For more information, visit www.victorinsurance.com. Victor US is the flagship business of Victor, operating under the legal name, Victor Insurance Managers LLC. It is a leading managing general agent in the US with a rich history in specialty insurance and offering a unique range of products and programs distributed through independent brokers and agents. The company is committed to making insurance easier for brokers, agents and their clients through specialized underwriting expertise, personalized customer service and a responsive, technology-oriented business approach. For more information, visit www.victorinsurance.com.Marsh McLennan is committed to embracing a diverse, inclusive and flexible work environment. We aim to attract and retain the best people and embrace diversity of age background, disability, ethnic origin, family duties, gender orientation or expression, marital status, nationality, parental status, personal or social status, political affiliation, race, religion and beliefs, sex/gender, sexual orientation or expression, skin color, veteran status (including protected veterans), or any other characteristic protected by applicable law. If you have a need that requires accommodation, please let us know by contacting
[email protected] McLennan is committed to hybrid work, which includes the flexibility of working remotely and the collaboration, connections and professional development benefits of working together in the office. All Marsh McLennan colleagues are expected to be in their local office or working onsite with clients at least three days per week. Office-based teams will identify at least one “anchor day” per week on which their full team will be together in person.#VictorThe applicable base salary range for this role is $161,300 to $390,100.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. In addition to the base salary, this position may be eligible for performance-based incentives.We are excited to offer a competitive total rewards package which includes health and welfare benefits, tuition assistance, 401K savings and other retirement programs as well as employee assistance programs.
