Position Summary
The Underwriter will be responsible for evaluating, pricing, and underwriting a wide range of dealership-related risks. This includes working with retail agents, specialty carriers, and internal teams to generate profitable growth, maintain underwriting discipline, and support production goals. You will manage an established book of business and help expand our footprint in the franchise dealership space.
What will your job entail?
Job Responsibilities:
Core Underwriting Duties
- Underwrite new and renewal Dealers Open Lot (DOL) business for franchised automobile, truck, and boat dealerships.
- Evaluate submissions to determine acceptable risk, appropriate pricing, coverage terms, limits, and conditions.
- Manage and grow an existing book of business while achieving profitability and production targets.
- Administer and monitor underwriting rules, guidelines, and compliance with state laws and insurance regulations.
- Maintain strong underwriting judgment and decision-making authority.
Coverages Handled
- Comprehensive & Collision
- False Pretense
- Economic Loss
- Weather Reimbursement
- Spot Delivery Coverage
- Other Auto Dealership specialty coverages as applicable
Sales, Marketing & Relationship Management
- Prospect and develop new business through strong relationships with retail agents, MGAs, wholesalers, and carrier underwriters.
- Market and sell wholesale insurance solutions to meet production goals.
- Build and maintain carrier relationships to ensure competitive pricing and access to broader markets.
- Pre-qualify submissions and prioritize high-probability opportunities.
Risk Analysis & Client Solutions
- Analyze exposures and underwriting data to determine best carrier, coverage options, forms, and premium.
- Identify additional areas of exposure and cross-selling opportunities for clients.
- Stay informed on industry trends, market conditions, pricing shifts, and emerging risks within the dealership sector.
- Educate partners on the full range of Ryan Specialty risk solutions.
Team Leadership (As Assigned)
- Provide training, mentorship, and oversight to underwriting assistants or support staff.
- Collaborate with leadership on process improvements and business development strategies.
- Travel as required for client visits, carrier meetings, and industry events.
Qualifications
- 3+ years of underwriting experience, ideally in Dealers Open Lot, Commercial Auto, Property, Casualty, or Excess & Surplus Lines.
- Experience with franchised automobile dealership risks strongly preferred.
- Strong technical knowledge of dealership coverages, pricing models, and risk characteristics.
- Proven ability to grow and manage a profitable book of business.
- Excellent communication, negotiation, and relationship management skills.
- Ability to work in a fast‑paced, high‑volume underwriting environment.
- CPCU, AU, AINS, or other industry certifications 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 salary range for this position is $103,565.00 - $125,000.00 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.
