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Marsh & McLennan Companies
Illinois, United States
(on-site)
Posted
10 hours ago
Marsh & McLennan Companies
Illinois, United States
(on-site)
Job Function
Other
Associate II - Underwriting- Multiple Locations
The insights provided are generated by AI and may contain inaccuracies. Please independently verify any critical information before relying on it.
Associate II - Underwriting- Multiple Locations
The insights provided are generated by AI and may contain inaccuracies. Please independently verify any critical information before relying on it.
Description
Senior UnderwriterDescription:
We are seeking a talented individual to join our Underwriting team at Victor. As a middle market property underwriter, you will evaluate and underwrite property insurance for complex and diverse accounts. You will work closely with brokers, risk engineers, and clients to analyze risk exposures, review engineering reports, and develop tailored insurance solutions.
We will count on you to:
- Utilize technical expertise and market knowledge to assess risk, determine appropriate coverage terms, and support profitable portfolio growth while ensuring compliance with company guidelines and industry standards.
- Achieve annual production goals set for the team and department within required risk metrics.
- Analyze and interpret engineering reports to assess technical risks and exposures, incorporating findings into underwritten decisions to ensure accurate risk evaluation and pricing.
- Develop and maintain strong relationships with broker partners to support business objectives.
- Mentor and train less experienced underwriting personnel on underwriting guidelines, forms, market conditions, competitors, and relationship-building techniques.
What you need to have:
- High School Diploma or equivalent required, with a minimum of 7 years of progressive underwriting experience in middle market property insurance; experience in insurance, business, or a related field is preferred, or equivalent work experience will be considered.
- Strong mathematical and analytical aptitude; critical thinking
- Proven underwriting, sales, and agency management skills.
What makes you stand out?
- 10+ years of progressive middle market property underwriting experience with agency management experience within the commercial insurance industry.
- Ability to underwrite more complex accounts, including knowledge of middle market property forms, pricing, and rating methodology, modeling, and valuation tools.
- INS or CPCU certification in progress or received.
- Strong verbal and written communication including formal and informal presentation skills.
- Strong interpersonal skills for interacting with team members.
- Professional presence.
Why join our team:
- Flexible, hybrid work schedule.
- Culture of collaboration, internal mobility, and valued partnership with assigned offices.
- Competitive pay with bonus potential, full benefits package, generous 401k match and contribution and vacation days commensurate with experience level.
- Tuition reimbursement and participation in our Employee Stock Purchase plan.
Marsh Risk is a business of Marsh (NYSE: MRSH), a global leader in risk, reinsurance and capital, people and investments, and management consulting, advising clients in 130 countries. With annual revenue of over $27 billion and more than 95,000 colleagues, Marsh helps build the confidence to thrive through the power of perspective. For more information about Marsh Risk, visit marsh.com, or follow us on LinkedIn and X.
ICAT offers a connected culture of talented, inspired individuals, and a work environment where colleagues can grow and succeed. At ICAT, 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. Founded in 1998 and based in Broomfield, Colorado, ICAT is a subsidiary of Victor and a leading provider of property insurance protection to homeowners and businesses located in hurricane- and earthquake-exposed regions of the United States. The company is committed to making insurance easier for producers and their clients through specialized underwriting and claims expertise, personalized customer service, and a responsive, technology-oriented business approach. Along with its subsidiary, Boulder Claims, ICAT's inherent promise to policyholders is to assist people and businesses as they recover from disasters. For more information, visit www.icat.com.
Marsh 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 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 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.
#ICAT
The applicable base salary range for this role is $88,200 to $187,900.
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.
Applications will be accepted until: August 3, 2026
Job ID: 83524434
Please refer to the company's website or job descriptions to learn more about them.
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