Business Operations Manager

Posted 2 Days Ago
Be an Early Applicant
Hiring Remotely in Maryland
Remote
104K-130K Annually
Senior level
Insurance
The Role
The Business Operations Manager oversees day-to-day operations, coordinates departments, manages resources, improves performance, and ensures compliance while mentoring staff.
Summary Generated by Built In

Position Summary

The Business Operations Manager is a key role responsible for ensuring the smooth operation of day-to-day business activities. This role involves coordinating with various departments, managing resources, improving performance, procuring material and resources, and securing compliance.

What will your job entail?

Job Responsibilities: • Manage staff performance and development for a shared services policy operations team. • Monitor productivity volume, service standards and accuracy for their staff and the business that they support. • Troubleshoot errors or issues to ensure that the business is processed in a timely manner, taking action to resolve any roadblocks. • Troubleshoot errors or issues to ensure that the business is processed in a timely manner, taking action to resolve any roadblocks. • Interact with both clients and management to ensure efficient and effective processing and work to address errors and concerns. • Drive process improvement and innovation efforts to continually improve our services for the businesses that we support. • Ensure proper documentation of processes and procedures for all internal functions and the services delivered to our customers. • Communicate effectively with management, underwriters and brokers to secure the information necessary to accurately process the business. • Provide timely and efficient service to all internal and external customers, including underwriters and brokers. • Mentor and train staff and drive performance management and staff development efforts. • Communicate effectively with the senior leadership of the businesses that we support and promptly respond to any issues that may rise. • Create and distribute routine and ad-hoc reports as assigned. • Participate in or handle special projects, as needed. • Collaborates with resources across the organization to pursue continual process optimization and innovation. Work Experience and Education: • BA/BS degree in business and/or a technology related field preferred. • 6+ years of experience in an business operations environment, insurance experience and experience with core business systems and applications preferred. Property and casualty and MGA/MGU experience highly preferred. • Strong knowledge of the Property & Casualty insurance industry as well as insurance terminology and the commercial insurance policy lifecycle. • 3+ years of experience managing staff and workflow in a fast paced business environment. Licenses & Certifications: • State P & C License a plus. • Lean Six Sigma a plus. Skills: Technical/Functional Skills: • Knowledge Of Insurance Industry • Lean Tools and Techniques • Management/Leadership • Operations Management • Business Relationship Management • Process Improvement • Mentor/Coaching • Ad hoc Reporting Behavioral Skills: • Problem Solving • Team Management • Organizational • Attention to Detail • Time Management • Communication • Collaborative

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 $104,000.00 - $130,000.00 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 [email protected] 

 

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. 

Top Skills

Business Relationship Management
Lean Tools And Techniques
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The Company
HQ: Chicago, IL
3,696 Employees
Year Founded: 2010

What We Do

Ryan Specialty (NYSE: RYAN) is an international specialty insurance firm that provides distribution, underwriting, product development, administration and risk management services by acting as a wholesale broker and a managing underwriter. Our mission is to provide industry-leading innovative specialty insurance solutions for insurance brokers, agents and carriers.

Ryan Specialty was founded in 2010 by Patrick G. Ryan, the widely respected insurance veteran, founder and former Chairman and CEO of Aon Corporation. Mr. Ryan saw the need in the marketplace for a specialty organization dedicated exclusively to creating sophisticated insurance solutions for risks that demand innovation, proven leadership, outstanding industry expertise and quality services on behalf of brokers, agents and carriers.

For more information about Ryan Specialty, visit our website at ryansg.com.

Ryan Specialty is an Equal Opportunity Employer. We are committed to building and sustaining a diverse workforce that is reflective of society throughout the entirety of the organization. Our vision is an inclusive and equitable workplace where all employees are valued 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.

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