Position Summary
The Underwriting Operations Director oversees the underwriting process, ensuring efficiency, compliance, and profitability. They collaborate with teams, develop policies, and drive operational excellence.
What will your job entail?
Job Responsibilities:
· Develop and implement underwriting strategies aligned with organizational goals.
· Drive profitability and growth through effective risk management.
· Establish financial control guidelines, administrative standards, and best practices.
· Ensure adherence to underwriting policies and procedures.
· Analyze risk factors, evaluate applications, and make informed decisions.
· Maintain risk selection criteria.
· Monitor underwriting quality, customer concerns, and areas for improvement.
· Provide input for system enhancements.
· Stay informed about industry trends and competitor practices.
· Adjust underwriting strategies accordingly.
· Uphold professional integrity in all underwriting activities.
Work Experience and Education:
· Bachelor’s degree in Risk Management or Business;
· A minimum of 12 years of experience in Insurance Underwriting.
· 5+ years of management experience
· Ability to establish financial control guidelines, administrative standards, and best practices
Licenses & Certifications:
· Associate in Reinsurance (ARe), associate in insurance service (AIS) or Chartered Property Casualty Underwriter (CPCU) is preferred
Technical/Functional Skills:
· Risk Assessment
· Analytical Skills
· Data Utilization
· Financial Analysis
· Underwriting Policy Expertise
· Decision Making
· Collaboration
Behavioral Skills:
· Effective Communication
· Problem-Solving
· Critical Thinking
· Time Management
· Ethical Judgement
· Attention to Detail
· Strategic Planning
#OLR
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 $217,840.00 - $272,300.00 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.
