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Full-Time

Business Development Associate

Confirmed live in the last 24 hours

Ryan Specialty

Ryan Specialty

1,001-5,000 employees

Financial Services

Compensation Overview

$20 - $24Hourly

+ Bonus

Entry, Junior

Richmond, VA, USA

Category
Business Development
Business & Strategy
Required Skills
Sales
Customer Service
Requirements
  • Minimum of 1 year of experience in Customer service or Insurance industry or a related field is preferred.
  • High School Diploma or equivalent.
  • Prescribed: Minimum requirements for state P&C and/or surplus line licenses.
  • Preferred: Certified Sales Professional (CSP)
Responsibilities
  • Executes business development plans in collaboration with management to drive growth and supports the leadership in the facilitation and closing of deals.
  • Maintains existing client relationships and provides outstanding customer service through regular follow ups and responding to any ad-hoc requests.
  • Works in collaboration with team leaders to develop new and enhance existing insurance agent and broker relationships.
  • Facilitates the timely and accurate flow of information by coordinating between customers and account members.
  • Answers inbound calls and/or chats from the queue, addressing general inquiries, complaints, and endorsement requests from clients.
  • Makes outbound calls to cross-sell other insurance products and services and close additional business.
  • Contributes to the preparation of marketing content such as monthly mailings, post cards, newsletters, etc.
  • Administers data into multiple systems and performs cleanup, including updating contact information of agents/brokers, removing duplicates, and maintaining accurate profiles.
  • Performs various other executive operational duties as required such as making travel arrangements or scheduling appointments and supports the Business Development team with any ad-hoc business request.

Company Stage

IPO

Total Funding

$705.5M

Headquarters

Chicago, Illinois

Founded

N/A

Growth & Insights
Headcount

6 month growth

-1%

1 year growth

-1%

2 year growth

-1%
Simplify Jobs

Simplify's Take

What believers are saying

  • The acquisition of Castel Underwriting and Socius Insurance positions Ryan Specialty for growth by expanding its product offerings and market reach.
  • The company's investment in new space in Chicago indicates a commitment to growth and expansion, potentially leading to new job opportunities and increased market presence.
  • Ryan Specialty's innovative programs, like the Franchise Hotel Program, showcase its ability to adapt and cater to niche markets, enhancing its competitive edge.

What critics are saying

  • The rapid expansion through acquisitions may pose integration challenges and strain resources, potentially impacting operational efficiency.
  • The specialty insurance market is competitive, and Ryan Specialty must continuously innovate to maintain its leadership position.

What makes Ryan Specialty unique

  • Ryan Specialty's focus on specialty insurance and its role as both a wholesale broker and managing underwriter sets it apart from traditional insurance firms.
  • The company's strategic acquisitions, such as Castel Underwriting and Socius Insurance, enhance its product offerings and expand its international presence.
  • Ryan Specialty's ability to successfully reprice its term loan and reduce capital costs demonstrates financial acumen and operational efficiency.

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