Position Summary
As a Large Commercial Underwriter II, you are responsible for analyzing and underwriting business for Commercial Lines to meet Combined Ratio and capital metric goals. You will be responsible for a $15-25M book of business while developing a team of Underwriter I’s and Underwriter Trainees. You will utilize your underwriting expertise to help determine risk acceptability, pricing, underwriting guidelines, developing positive agency relationships within assigned territories, auditing underwriting files and accounts and improving on underwriting processes. Partnering with other departments and your colleagues, you will provide insights and feedback on ways to further improve and develop the products and services offered.
What will your job entail?
Job Responsibilities:
- Analyzing and underwriting a $15-25M book of business to meet capital metric and combined ratio goals
- Assisting the Senior Underwriter team with accountabilities and achieving business unit goals through high-quality decision making on underwriting and excellent underwriting practices and guidelines.
- Developing positive producer relationships and fostering pre-existing partnerships.
- Collaborating with larger Commercial Lines team and other departments to further develop and enhance our products and service operations.
- Manage, train and mentor Underwriting Assistants and provide coaching and mentorship guidance to Underwriter I’s.
Core Skills:
- Communication – superb skills in writing and verbally communicating
- High attention to Detail – focused and attentive to correct data and pinpointing any inaccurate information quickly and efficiently
- Highly organized and prioritized – systematic record keeping skills and able to recognize time sensitivity and adapt accordingly
- Proven capability for confidentiality
Work Experience and Education:
• Bachelor’s degree (Risk Management or similar) or equivalent industry experience
• 3+ years of commercial insurance experience
• Professional insurance designations a plus
• Proficiency in Microsoft suite (Excel, Word, PowerPoint, Outlook)
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 $85,855.00 - $90,000.00 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.
