Senior Underwriting Associate

Position Summary

The Senior Underwriting Associate is responsible for supporting the underwriting process by managing underwriting tasks, coordinating with various teams, and ensuring efficient workflow. This role requires a strong understanding of underwriting, excellent organizational skills, and the ability to manage multiple tasks simultaneously.

What will your job entail?

Job Responsibilities:
· Support the underwriting process by managing tasks such as data entry, document management, and policy issuance.
· Coordinate with underwriters, brokers, and clients to gather necessary information and documents.
· Ensure efficient workflow by prioritizing tasks, managing timelines, and resolving bottlenecks.
· Maintain accurate records of underwriting decisions, policy changes, and client interactions in the company’s database.
· Assist in the development and implementation of underwriting operations policies and procedures.
· Provide training and guidance to junior staff on operational tasks and best practices.
· Participate in quality assurance activities to ensure the accuracy and consistency of underwriting operations.
· Collaborate with other departments such as claims, finance, and legal to ensure seamless service delivery.
· Stay updated with changes in industry regulations and company policies that impact underwriting operations.
· Contribute to continuous improvement initiatives to enhance the efficiency and effectiveness of underwriting operations.
Work Experience and Education:
· Bachelor’s in Risk Management or Business with a minimum of 2 years of experience; or an advanced degree without experience; or equivalent work experience
Licenses & Certifications:
· Chartered Property Causalty Underwriter (CPCU), Associate in Commerical Underwriting (AU), Certified Insurance Service Representation (CISR) or Associate in Insurance Data Management (AIDM) is preferred
Technical/Functional Skills:
· Underwriting Knowledge
· Operation Skills
· Data Management
· Regulatory Knowledge
· Organization
Behavioral Skills:
· Effective Communication
· Problem-Solving
· Adaptability
· Time Management
· Leadership
· Continuous Learning

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 $92,000.00 - $115,000.00 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.