Associate II - Underwriting

Marsh McLennan•Mississauga, ON

18d•Hybrid

About The Position

This role is for a talented individual to join the Technical Underwriting team at Victor, based in Canada. It is a hybrid role requiring at least three days a week in the office. The Associate II will support the Senior VP and the broader Technical Underwriting function by leading the monthly renewal production process and helping drive analysis, reporting, and process improvements. The individual will partner closely with Sales, IT, and insurer partners to deliver timely, accurate renewals and insights that support profitability and growth. Victor is one of the world’s largest managing general underwriters, handling over $4 billion USD in premium through a large network of more than 20,000 active insurance agents and brokers. Victor Canada, a subsidiary, offers a unique range of specialty insurance products and programs distributed through independent brokers and advisors, committed to making insurance easier through specialized underwriting, customer service, and technology. Marsh, the parent company, is a global leader in risk, reinsurance, and capital, with over 95,000 colleagues advising clients in 130 countries.

Requirements

Minimum of 10 years of Group Insurance experience with strong knowledge of Group Insurance principles, concepts, and practices
Very strong analytical skills with a high level of proficiency in Microsoft Excel and MS Office
Excellent time management skills with the ability to meet rigid deadlines and manage a high volume of work
Excellent interpersonal, verbal, and written communication skills
Proven experience in generating detailed business performance reports and forecasts used by senior leadership
Strong ability to communicate complex data clearly to internal and external stakeholders, including insurer partners.

Nice To Haves

Diploma in actuarial science, mathematics, statistics, or equivalent
Experience driving automation and process improvements in renewal/pricing workflows
Experience collaborating with insurer partners to maintain transparency and strategic alignment.
Exceptional analytical skills with a focus on accuracy and actionable insights.

Responsibilities

Lead the monthly renewal processing, including semi-automated Excel-based production, quality control, and continuous process improvement/automation
Provide and review complex financial analyses, cost projections, and reporting on sales/profitability trends to support budgeting and forecasting
Review and approve annual proposed renewal actions with insurance partners, validating premium, claims, and census data by benefit line within tight deadlines
Calculate and post monthly renewal positions, coordinating closely with IT and managing exceptions requiring manual intervention
Partner with Sales to analyze and negotiate renewal positions, balancing service delivery standards with overall pricing objectives
Mentor and support Technical Underwriters, reviewing analyses for actuarial soundness and assisting with development of junior team members