Position Summary
The Property Underwriting Assistant is responsible for ensuring the accuracy of existing policy information for renewals, communicating effectively with clients for information gathering, and supporting the underwriting process through precise documentation. The role conducts risk assessments and audits for insurance applications, calculates premium and generates reports. They ensure strict adherence to company policies, industry regulations, and compliance standards in all underwriting activities.
What will your job entail?
Key Responsibilities:
- Review and maintain existing policy information to ensure accuracy and appropriate pricing for renewals.
- Respond to client inquiries, providing guidance on insurance products and underwriting criteria.
- Communicate with clients and agents to gather necessary information and ensure a smooth underwriting process.
- Prepare and organize documentation for underwriting submissions and policy issuance.
- Assist in evaluating risks for insurance applications, including both standard and non-standard cases.
- Support premium calculations by applying underwriting guidelines accurately.
- Generate and maintain reports on underwriting activities, performance metrics, and key indicators.
- Assist with internal and external audits by compiling and providing required documentation.
- Ensure compliance with company policies, industry regulations, and underwriting standards.
- Collaborate with underwriters and other departments to coordinate tasks and share information.
- Serve as a primary point of contact for customers and agents, delivering exceptional service and resolving issues promptly.
Qualifications:
Education & Experience:
- Bachelor’s degree in Risk Management, Actuarial Science, Business Administration, or a related field. Equivalent work experience may be considered.
- 6 months to 1+ years of experience in Property and Casualty (P&C) underwriting or a related insurance role.
Licenses & Certifications:
- Must meet minimum requirements for state P&C and/or surplus lines licenses.
- Chartered Property Casualty Underwriter (CPCU) designation is a plus.
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 hourly rate range for this position is $25.00 - $31.25 per hour.
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.
