Chief Underwriting Officer
| Company | Marsh & McLennan |
|---|---|
| Location | New York, NY, USA, Bethesda, MD, USA |
| Salary | $161300 – $390100 |
| Type | Full-Time |
| Degrees | Bachelor’s |
| Experience Level | Expert or higher |
Requirements
- Bachelor’s degree in Insurance, Business, Risk Management, or related field (CPCU, ARM, or advanced degree preferred)
- Minimum of ten years of progressive P&C insurance underwriting experience, including leadership of multiple programs within a business
- Proven ability to coach, mentor, and engage teams effectively, with strong leadership skills in managing distributed teams and complex portfolios.
Responsibilities
- Develop and implement a comprehensive underwriting philosophy, standards, and strategies that align with business goals, regulatory compliance, and risk tolerance.
- Lead oversight of the P&C insurance portfolio, ensuring sound risk selection, balanced exposure, and profitable growth.
- Drive the growth of existing programs and spearhead the development of new programs that align with client needs and market opportunities.
- Build, mentor, and manage high-performing underwriting teams across multiple geographies and segments, fostering a culture of collaboration and excellence.
- Collaborate with product and actuarial teams to design, refine, and launch innovative insurance products that respond to market needs and emerging risks.
- Strengthen relationships with distribution partners, reinsurers, MGAs, and brokers to support underwriting goals and facilitate market expansion.
Preferred Qualifications
- A disruptor mentality to drive and transform the business with a focus on innovation and adaptability.
- Demonstrated ability to grow the business and launch new programs while maintaining underwriting discipline and profitability.
- Proficiency in underwriting systems, data analytics, and emerging insurtech tools, with a focus on leveraging technology for competitive advantage.