Analyze individual risks to determine appropriate classification, exposures, premium basis, pricing, coverage forms, and endorsements.
Apply appropriate credits and debits to develop sustainable, risk-appropriate pricing.
Review inspection reports and other available information to assess risk quality and validate exposures.
Integrate relevant internal and external information into underwriting decisions.
Identify risks requiring additional review and follow established referral guidelines.
Maintain clear and accurate documentation of underwriting decisions and rationale.
Ensure policies, endorsements, and other transactions are processed accurately and timely.
Portfolio & Broker Management
Actively manage an assigned portfolio with a focus on underwriting quality, retention, and profitable growth.
Build and maintain strong relationships with assigned brokers, customers, and other business partners.
Clearly communicate quotes, coverage terms, conditions, and underwriting requirements to broker partners.
Establish and actively manage a pipeline of new business opportunities.
Conduct stewardship meetings and participate in marketing activities, broker meetings, and industry events.
Identify opportunities to strengthen existing relationships and expand production with key broker partners.
Collaboration
Partner with fellow underwriters and other team members to develop a comprehensive understanding of insured exposures and appropriate coverage solutions.
Share market and broker insights that support portfolio and business development strategies.
Contribute to a collaborative, solutions-oriented underwriting environment focused on disciplined growth.
What We’re Looking For
Education & Experience
Bachelor’s degree in Business Administration, Risk Management, Insurance, or a related discipline preferred; equivalent relevant experience will also be considered.
5+ years of commercial insurance underwriting experience, including experience with Binding Authority business preferred.
Candidates with a Master’s degree and at least 3 years of relevant underwriting experience may also be considered.
Demonstrated experience evaluating risk, determining appropriate coverage and pricing, and managing an underwriting portfolio.
Experience developing and maintaining productive broker relationships.
Working knowledge of commercial insurance policy language, coverage forms, endorsements, and rating methodologies.
Licenses & Certifications
Applicable state Property & Casualty and/or Surplus Lines licenses, as required.
CIC and/or CPCU designation preferred.
Skills & Capabilities
Commercial risk evaluation and selection
Binding authority underwriting
Pricing and exposure analysis
Portfolio management
Policy language and coverage analysis
Broker relationship management
New business development and marketing
Pipeline management
Data-informed decision making
Clear written and verbal communication
Presentation and relationship-building skills
Strong organization and time management
Ability to work collaboratively across underwriting disciplines
Ryan Specialty is an Equal Opportunity Employer. We are committed to building and sustaining a diverse workforce throughout the organization. Our vision is an inclusive and equitable workplace where all employees are valued for and evaluated on their performance and contributions. Differences in race, creed, color, religious beliefs, physical or mental capabilities, gender identity or expression, sexual orientation, and many other characteristics bring together varied perspectives and add value to the service we provide our clients, trading partners, and communities. This policy extends to all aspects of our employment practices, including but not limited to, recruiting, hiring, discipline, firing, promoting, transferring, compensation, benefits, training, leaves of absence, and other terms, conditions, and benefits of employment.
How We Support Our Teammates
Ryan Specialty seeks to offer our employees a comprehensive and best-in-class benefits package that helps them — and their family members — achieve their physical, financial, and emotional well-being goals. In addition to paid time off for company holidays, vacation, sick and personal days, Ryan offers paid parental leave, mental health services and more.
The target salary range for this position is $120,000.00 - $150,000.00 annually.
The wage range for this role considers many factors, such as training, transferable skills, work experience, licensure and certification, business needs, and market demands. The pay range is subject to change and may be modified in the future. Full-time roles are eligible for bonuses and benefits. For additional information on Ryan Specialty Total Rewards, visit our website https://benefits.ryansg.com/.
We provide individuals with disabilities reasonable accommodations to participate in the job application or interview process, to perform essential job functions, and to receive other benefits and privileges of employment in accordance with applicable law. Please contact us to request an accommodation at HR@Ryansg.com
The above is intended to describe this job's general requirements. It is not to be construed as an exhaustive statement of duties, responsibilities, or physical requirements. Nothing in this job description restricts management's right to assign or reassign duties and responsibilities to this job at any time. Reasonable accommodations may be made to enable individuals with disabilities to perform essential functions.
