Position Summary:
The Underwriting Operations Associate provides technical rating and policy issuance support for routine to moderately complex transactions in underwriting. They work closely with agents, process mid-term premium and non-premium bearing endorsements, and ensure compliance with underwriting policies and procedures.Location:
Mumbai - IndiaWhat will your job entail?
Job Responsibilities:
• Review credit information to determine additional required documents for processing.
• Respond to agent inquiries, risk eligibility, and underwriting policies.
• Process and issue mid-term premium and endorsement transactions.
• Support Primary Lead Processing and perform administrative tasks.
• Collaborate with other managers on integrated strategies and system development.
• Conduct field research on prospective investments.
• Analyze customer operations and finances for creditworthiness.
• Participate in transaction due diligence and credit approval.
• Ensure accurate collection of customer financial information.
• Possess a good understanding of underwriting procedures and concepts.
Work Experience and Education:
• Bachelor’s degree in Risk Management or Business is preferred. Any other related discipline or commensurate work experience considered.
• A minimum of 6 months of related experience.
Licenses & Certifications:
Chartered Property Casualty Underwriter (CPCU), Associate in Commerical Underwriting (AU), Associate in Personal Insurance (API) or Associate in Insurance Services (AIS) is preferred.
Disclaimer
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.
Skills Required
- Minimum of 6 months of related experience.
- Possess a good understanding of underwriting procedures and concepts.
- Bachelor's degree in Risk Management or Business (or related discipline)
- Certifications such as CPCU, AU, API, or AIS
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.
