Victor Insurance Holdings is the world’s largest managing general underwriter with locations in the US, Canada, UK, Netherlands, Germany, Italy, and Australia. It handles more than $2.5 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... more details
Victor Insurance Holdings is the world’s largest managing general underwriter with locations in the US, Canada, UK, Netherlands, Germany, Italy, and Australia. It handles more than $2.5 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
Victor Insurance is seeking candidates for the following position. This is role is open to being remote.
Underwriting Leader – Auto Dealership Program
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.
What can you expect?
A demanding yet fulfilling role that rewards hard work.
Opportunities for growth and leadership.
A flat organizational structure that supports access to senior management.
Lead the Auto Dealers segment to achieve company goals for growth and profit in a sustainable manner.
Take ownership of the profit and loss (P/L) for the program.
Develop pricing and selection standards that align with strategic objectives and financial goals.
Identify areas for improvement in coverage, pricing, structure, and distribution to enhance risk-taking and customer service.
Implement underwriting strategies to optimize underwriting profit and maintain underwriting guidelines.
Develop system requirements to streamline processes and meet carrier data requirements.
Build and maintain strong relationships with carriers, brokers, and insureds.
Attract and retain key talent through effective training, coaching, development, and succession planning.
Conduct marketing efforts, including travel to visit agent and broker clients.
Travel to Victor offices as needed.
What is in it for you?
A company with a strong brand, with experience developing solutions for todays and tomorrow’s toughest challenges.
A culture of internal mobility, diversity, inclusion, and collaboration
Employee Resource Groups which provide access to leaders, relevant volunteer and mentoring opportunities, and interactions with counterparts in industry groups and client organizations
Flexible work opportunities for work/life balance
Competitive pay and a full benefits package, starting Day 1 (Medical, Dental, Vision, Short- and Long-Term Disability and Life Insurance, Employee Stock Purchase program, and a generous paid time-off allowance); plus a fixed company contribution AND a company match on your 401k, after one year of service
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.
Marsh McLennan (NYSE: MMC) is the world’s leading professional services firm in the areas of risk, strategy and people. The Company’s 85,000 colleagues advise clients in 130 countries. With annual revenue of over $20 billion, Marsh McLennan helps clients navigate an increasingly dynamic and complex environment through four market-leading businesses. Marsh provides data-driven risk advisory services and insurance solutions to commercial and consumer clients. Guy Carpenter develops advanced risk, reinsurance and capital strategies that help clients grow profitably and pursue emerging opportunities. Mercer delivers advice and technology-driven solutions that help organizations redefine the world of work, reshape retirement and investment outcomes, and unlock health and well being for a changing workforce. Oliver Wyman serves as a critical strategic, economic and brand advisor to private sector and governmental clients. For more information, visit marshmclennan.com, or follow us on LinkedIn and Twitter.
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 TANA@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 based teams will identify at least one “anchor day” per week on which their full team will be together in person. 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.
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