Marsh McLennan

Miscellaneous Professional Liability - Underwriter

Marsh McLennan$88K — $187K *
Finance & Insurance
5 - 7 years of experience
Job Overview by Ladders

Qualifications

  • Bachelor's degree or equivalent experience
  • 7 to 15+ years of underwriting experience in professional liability
  • Demonstrated ability to underwrite complex professional liability risks
  • Established broker relationships
  • Strong knowledge of MPL coverage forms and policy structure
  • Experience building or scaling books of business
  • Excellent communication and interpersonal skills

Responsibilities

  • Underwrite new and renewal Miscellaneous Professional Liability risks
  • Evaluate submissions including applications, financials, and loss runs
  • Select, price, structure, quote, bind, and manage MPL accounts
  • Develop and refine underwriting appetite and pricing strategy
  • Build and maintain strong relationships with broker partners
  • Negotiate terms and conditions with brokers
  • Monitor portfolio performance and identify emerging issues

Benefits

  • Health and welfare benefits
  • Tuition assistance
  • 401K savings and retirement programs
  • Employee assistance programs
Full Job Description
Company:
Victor

Description:

Victor Insurance is seeking a Senior Underwriter to help launch and grow a new Miscellaneous Professional Liability (MPL)program.

This role will be responsible for underwriting and managing a diversified book of professional liability business, helping shape underwriting strategy, and supporting profitable portfolio growth. The ideal candidate brings deep professional liability underwriting expertise, strong broker relationships, sound judgment, and the ability to thrive in a dynamic, build-stage environment.

This is a highly visible role with the opportunity to influence product development, underwriting guidelines, distribution strategy, and long-term program performance.
We can Count on you to :
    • Underwrite new and renewal Miscellaneous Professional Liability risks in accordance with program guidelines, authority, and profitability targets.
    • Evaluate submissions, including applications, financials, loss runs, contracts, and other underwriting data, to determine acceptability of risk.
    • Select, price, structure, quote, bind, and manage MPL accounts with a focus on disciplined underwriting and sustainable growth.
    • Partner with leadership to help develop and refine underwriting appetite, guidelines, coverage positions, pricing strategy, and workflow for the new program.
    • Build and maintain strong relationships with wholesale and retail broker partners to drive submission flow and market presence.
    • Negotiate terms, conditions, and pricing with brokers while balancing production goals and underwriting discipline.
    • Monitor portfolio performance, rate adequacy, loss trends, and industry developments to identify opportunities and emerging issues.
    • Collaborate with actuarial, claims, legal, operations, product, and compliance partners to support program development and execution.
    • Provide underwriting mentorship and technical guidance to junior team members as the program grows.
    • Assist with product enhancement, coverage wording review, and competitive market analysis.
    • Ensure adherence to internal underwriting standards, regulatory requirements, and delegated authority protocols.
    • Maintain accurate underwriting files, documentation, and data quality within policy administration and workflow systems.
What you need to have:
  • Bachelor's degree or equivalent experience.
  • Demonstrated ability to underwrite complex professional liability risks and make independent decisions within authority.
  • Strong knowledge of MPL coverage forms, policy structure, rating considerations, and claims drivers.
  • Experience building or scaling books of business, products, or programs is strongly preferred.
  • Established broker relationships and proven ability to develop business in a competitive market.
  • Strong analytical, negotiation, and portfolio management skills.
  • Excellent communication and interpersonal skills, with the ability to influence internal and external stakeholders.
  • Comfortable working in a fast-paced, entrepreneurial environment with evolving priorities.
  • Proficiency with underwriting systems, Microsoft Office, and data-driven decision-making tools.
  • 7 to 15+ years of underwriting experience in professional liability, with meaningful experience in Miscellaneous Professional Liability or adjacent E&O lines.
Preferred Experience
    • Experience underwriting a broad range of miscellaneous professional classes, such as consultants, staffing firms, , marketing/media firms, and other service-oriented businesses.
    • Familiarity with program business, delegated authority environments, or MGA/MGU platforms.
    • Experience contributing to product design, filing support, or underwriting guideline development.
The successful candidate will be:
    • A technically strong and disciplined underwriter
    • Commercially minded and relationship-driven
    • Comfortable operating with autonomy and accountability
    • Excited by the opportunity to help build a new program from the ground up
    • Focused on profitable growth, not just top-line production


#Victor

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.

About Marsh McLennan

Marsh McLennan Careers

Join the exceptional team at Marsh McLennan, a global leader in professional services, offering unparalleled job opportunities in insurance, risk management, and consultancy. As the company propels forward, it invites dedicated professionals to contribute to a culture of innovation, leadership, and growth.

Work You’ll Do

At Marsh McLennan, you will engage with complex challenges that push the boundaries of your skills and knowledge. Our team thrives on diversity and the shared goal of delivering impactful solutions to our clients worldwide. By joining us, you will be part of a culture that values diversity training and leadership development, ensuring every team member is equipped for success.

Explore Professional Growth

Marsh McLennan is committed to the professional growth of its employees. Whether you are seeking a position that offers a path to leadership or looking for robust internship programs to kickstart your career, Marsh McLennan provides the resources and global platform to propel your ambitions into achievements. Our benefits package is designed to support the well-being and continuous professional development of all staff, from entry-level to senior leadership roles.

Innovative Work Environment

Our company is at the forefront of industry innovation. The collaboration between experienced professionals and fresh talent generates dynamic solutions that keep Marsh McLennan at the cutting edge of the industry. Our team is encouraged to lead with creativity and embrace new ideas, driving the company’s legacy of pioneering industry-first solutions.

Join Our Team

Marsh McLennan is hiring! Explore the multitude of job opportunities on our careers page, from strategic advisory roles to operational excellence positions. We look for passionate, curious, and solution-driven team players. Enhance your career with Marsh McLennan, where your skills will be honed through challenging projects and high-impact strategies.

Networking and Career Advancement

Networking at Marsh McLennan opens doors to enriching connections and countless opportunities within the industry. Our professionals benefit from an environment that fosters networking through events, professional groups, and collaborative projects. With Marsh McLennan, career advancement is not just a possibility—it is an expectation.

Prepare for Your Interview

Ready to apply? Make sure your resume highlights your most relevant experiences and skills tailored to the position you are applying for. Our interview process is designed to understand your capabilities and fit with our team’s goals and values. Prepare to discuss how your background, experiences, and professional aspirations align with the opportunities at Marsh McLennan.

Stay Connected

Keep up to date with the latest from Marsh McLennan: - **Career Insights**: Gain insider perspectives and industry-leading insights through our careers blog. - **Job Alert Emails**: Personalize your subscription to receive job alerts and the latest news tailored to your preferences. Discover the rewarding career opportunities awaiting at Marsh McLennan, where your professional journey is just the beginning. Join us in shaping a future defined by insight, integrity, and innovation.
Learn more about Marsh McLennan
Size
83,000 employees
Market Cap
$82.6 billion
Industry
Net Income
$2 billion
Founded
1914
5 Year Trend
+8.5%
Revenue
$17.2 billion
NASDAQ

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