Company:

Victor

Description:

As a global leader in insurance broking and risk management, Marsh helps clients succeed by defining, designing, and delivering innovative, industry-specific solutions to effectively manage risk. Victor Canada, a leading managing general agent in Canada, is searching for an experienced Group Benefits Technical Underwriting Leader to join the team.

What can you expect?

In this highly visible leadership role you will manage a tenured team of Underwriters in the Group Benefits Technical Underwriting team. Bringing an eye for continuous improvement you will have the opportunity to introduce new and better ways of working to bring added value to our clients.

What is in it for you?

• A company with a strong Brand and strong results to match

• Culture of internal mobility, collaboration and valued partnership with HR from the business.

• Employee Resource Groups, which provide access to leaders, relevant volunteer and mentoring opportunities and interactions with counterparts in industry groups and client organizations.

• Competitive pay (salary and bonus potential), Full benefits package – starting day one (medical, dental, vision, STI/LTI, life insurance, generous match AND contribution to our retirement plan).

We will count on you to:

• Manage the Group Benefits Technical Underwriting department. This entails coaching and mentoring of the Manager and other team members in various roles with varying levels of expertise including leadership roles and Senior Group Underwriters.  Included is management of the annual performance management process for the team.  This ensures that we have an engaged and productive team in place.

• Work with IT and Business Solutions to maintain, improve and develop internal systems.

• Review and update as required the methodology used to process monthly renewals, rate adjustments and benefit plan offerings as part of the annual renewal process.

• Review and update as required workflow processes to ensure inter and intra- department efficiencies as well as an external client centric focus.

• Under direction of the incumbent, develop formal underwriting strategies in support of company sales, retention and profitability objectives.  This involves close collaboration with the Managing Director and Sales leaders.  The incumbent is responsible for the quantitative and qualitative analysis of the Group Benefits business.  Included in this is ongoing review and management of the product design and features to ensure the Victor benefits offering remains competitive.

• In collaboration with the incumbent, manage the underwriting relationships with our insurance carrier partners, bringing industry credibility and knowledge of the Victor program into all discussions with our insurance partners.  This includes reviewing emerging claims experience and financial results, negotiation of our annual insurance renewals and coordination of special exceptions as well as management decisions on exceptional requests as dictated by our underwriting guidelines.

• Provide technical expertise on exception quotes, this includes consultation with the incumbent when required.

What you need to have: 

• Strong technical underwriting skills, preferably in the Group Benefits and/or Life Insurance space

• Proven team or department leadership experience

• Process improvement mindset

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.

#VictorCA

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 Insurance Managers Inc. is a subsidiary of Victor and a leading managing general agent in Canada. Victor Canada has a rich history in specialty insurance and offers a unique range of products and programs distributed through independent brokers and advisors. The company is committed to making insurance easier for brokers, advisors and their clients through specialized underwriting and claims expertise, personalized customer service, and a responsive, technology-oriented business approach. For more information, visit www.victorinsurance.ca.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, or any other characteristic protected by applicable law. In accordance with the Accessibility for Ontarians with Disabilities Act, 2005, Marsh McLennan will provide a reasonable accommodation to employees and prospective employees to the point of undue hardship upon request and as required in respect of the individual’s particular restrictions and limitations. If you require a specific accommodation because of a disability or medical need, please contact [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.#VictorCA