Full-Time

Property and Casualty Underwriter

Confirmed live in the last 24 hours

Ryan Specialty

Ryan Specialty

1,001-5,000 employees

Compensation Overview

$88k - $110kAnnually

+ Bonus

Senior

San Francisco, CA, USA

Category
Insurance
Finance & Banking
Requirements
  • Bachelor’s degree required
  • Minimum of 5 years of experience in Binding Authority and Insurance Underwriting with a Bachelor’s degree, or 3 years of experience and a Master’s degree
  • Minimum requirements for state P&C and/or surplus line licenses
Responsibilities
  • Assess and price renewals, new business, and endorsements according to guidelines outlined in the underwriting manual and within their authority level
  • Select and/or verify class code and premium base and rating exposure
  • Determine appropriate credits and/or debits to obtain a fair and sustained premium for risk
  • Determine coverage forms and necessary endorsements
  • Effectively communicate to broker quote conditions
  • Provide accurate documentation in the file and/or in electronic notes of underwriting thought process
  • Ensure timely and accurate preparation for issuance of policies
  • Order/review inspection reports to assess risk quality and to confirm exposure base accuracy
  • Accurate and timely processing of endorsements
  • Actively manage relationships with assigned brokers, customers, and members
  • Ensure that information available from internal and external resources is properly integrated into underwriting decision making
  • Ensure that referral guidelines are properly followed regarding all lines of business underwritten
  • Conduct stewardship meetings and leads marketing activities
  • Establish and monitor the production pipeline of new business
  • Participate in industry conferences
  • Drive a multi-disciplinary approach to understanding insureds’ risks
  • Collaborate with other underwriters and team members to gain a comprehensive understanding of the exposure and best means to provide coverage
Desired Qualifications
  • Master’s degree preferred; Business Administration, Risk Management preferred
  • Certified Insurance Counselor (CIC) preferred
  • Chartered Property Casualty Underwriter (CPCU) preferred

Company Size

1,001-5,000

Company Stage

IPO

Headquarters

Chicago, Illinois

Founded

2010

Simplify Jobs

Simplify's Take

What believers are saying

  • Acquisitions like Castel Underwriting enhance Ryan Specialty's competitive edge in specialty insurance.
  • Financial optimization through loan repricing improves profitability and investment capacity.
  • Expansion in Chicago reflects scaling operations to increase market share.

What critics are saying

  • Integration of multiple acquisitions may pose operational challenges and distract management.
  • Rising interest rates could impact the cost of capital and borrowing.
  • Expansion into new office space may lead to increased operational costs and inefficiencies.

What makes Ryan Specialty unique

  • Ryan Specialty focuses on strategic acquisitions to expand product offerings and geographical reach.
  • The company successfully repriced its term loan, reducing annual cash interest expenses.
  • Ryan Specialty plans to expand into new office space in Chicago, supporting operational growth.

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Benefits

Paid Vacation

Paid Sick Leave

Paid Holidays

Paid Parental Leave

Mental Health Support

Company News

Business Wire
Jan 8th, 2025
Ryan Specialty Signs Definitive Agreement to Acquire Velocity Risk Underwriters

Ryan Specialty (NYSE: RYAN), a leading international specialty insurance firm, is pleased to announce it has signed a definitive agreement to acquire

Coverage
Nov 5th, 2024
Ryan Specialty completes acquisition of Innovisk Capital Partners

Innovisk generated approximately $58 million of operating revenue for the 12 months ended July 31, 2024.

Business Wire
Sep 9th, 2024
Ryan Specialty, LLC Upsizes and Prices $600 Million of Senior Secured Notes

Ryan Specialty Holdings, Inc. (NYSE: RYAN) (“Ryan Specialty”), a leading international specialty insurance firm, today announced that Ryan Specialty,

Business Wire
Aug 2nd, 2024
Ryan Specialty Signs Definitive Agreement To Acquire US Assure

Ryan Specialty (NYSE: RYAN), a leading international specialty insurance intermediary, is pleased to announce it has signed a definitive agreement to

Stock Titan
May 1st, 2024
Ryan Specialty Acquires Castel Underwriting

Ryan Specialty, an international specialty insurance firm, has completed the acquisition of Castel Underwriting Agencies, a Managing General Underwriting platform. This acquisition brings new products and facilities to Ryan Specialty, expanding its offerings to clients and trading partners. The enhanced leadership team aims to accelerate the formation of new entities in the region. No financial details of the acquisition were disclosed.