Underwriting Leader, Auto Dealership Program

Company:

Victor

Description:

Victor US is one of the largest and most experienced underwriting managers of specialty insurance programs in the world.  Victor US markets its solutions through a large distribution network of licensed insurance agents and brokers. 

We are seeking a highly skilled and experienced leader to join our team as the Leader of our Automobile Dealership Program. In this role, you will be responsible for managing a diverse team of insurance professionals and driving the success of our program. You will need to have a deep knowledge of dealers open lot, garage keepers, garage keepers’ legal liability, property, auto, and umbrella insurance products. Additionally, you should have a strong understanding of emerging trends in the industry and the ability to adapt to a changing environment. Although this position is based in the East Coast, it is also open to being remote.

Underwriting Leader, Auto Dealership Program

We will count on you to:

• Provide oversight on various lines of business, including Dealer's open lot, Garage, Garage Keepers Legal Liability, Property, and more.

• Manage a territory and be responsible for the profit and loss of an existing book of business.

• Engage with agency plant and develop new relationships to grow the book profitably.

• Act as a knowledgeable resource in the product line, both inside and outside the office.

• Take a leadership role in underwriting review meetings.

• Review and document program authority and engage carrier program manager for underwriting exceptions.

• Assess exposure and assist in determining of appropriate rates, terms, and conditions.

• Negotiate terms and conditions with carriers and brokers. 

What you need to have: 

• At least 5 years of industry-related experience.

• Minimum of 10+ years of commercial underwriting experience.

• Previous experience in commercial auto and garage insurance.

• Deep knowledge of developing trends in Auto Dealer lines of business.

• Excellent communication skills, written and oral.

• Strong reputation within the market and a track record of results.

• Advanced working knowledge of underwriting systems, rating platforms, and data & analytics tools.

• P&C License required or ability to obtain within six months of hiring.

• Strong analytical skills.

What makes you stand out?

• Experience and expertise within the auto dealers space is preferred.

• Bachelor's degree is preferred.

• CPCU, AU, or ARM designations preferred.

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 $23 billion and more than 85,000 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 reasonableaccommodations@mmc.com.

Marsh 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.

#Victor

The 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.

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