Full-Time

Account Executive

Confirmed live in the last 24 hours

Ryan Specialty

Ryan Specialty

1,001-5,000 employees

Fintech
Financial Services

Compensation Overview

$62k - $81.4kAnnually

+ Bonus

Junior

Newtown Square, PA, USA

Category
Inside Sales
Strategic Account Management
Sales & Account Management
Required Skills
Data Analysis

You match the following Ryan Specialty's candidate preferences

Employers are more likely to interview you if you match these preferences:

Degree
Experience
Requirements
  • Minimum of 1 year of experience in the Insurance industry
  • Bachelor’s degree required
  • Prescribed: Minimum requirements for state P&C and/or surplus line licenses
  • Preferred: Certified Insurance Service Representative (CISR)
  • Preferred: Commercial Insurance License (CIL)
Responsibilities
  • Prepares accounts for new business and the renewal process as directed by the broker, initiates renewal reviews to deliver optimal client coverage and suggests steps for client retention.
  • Supports the broker in creating market submissions and quote cover letters for agents and reviews received documents to ensure accuracy.
  • Builds relationships with brokers and demonstrates understanding of brokerage operations to proactively support business needs.
  • Collaborates with the broker to drive renewals and solicits new business through client referrals.
  • Prepares new business strategies in collaboration with brokers, including proposals and presentations for new client opportunities.
  • Evaluates and mitigates risks associated with accounts and ensures adherence to industry regulations and internal policies.
  • Ensures accuracy of new and existing data in internal systems, creates accurate documentation, and performs functions as defined by the guidelines while meeting quality and service standards.
  • Generates reports on performance and other defined metrics by leveraging data and insights to inform the broker on portfolio trends and delivers value that may enhance the book of business.
  • Collaborates with internal teams to ensure contractual obligations are met. Resolves invoicing issues with stakeholders in Premium Accounting and communicates on notices of cancellation.
Desired Qualifications
  • Business Administration, Sales, and Risk Management preferred
  • Any other related discipline or commensurate work experience considered

Company Stage

IPO

Total Funding

$705.5M

Headquarters

Chicago, Illinois

Founded

2010

Simplify Jobs

Simplify's Take

What believers are saying

  • Acquisitions like Castel Underwriting expand Ryan Specialty's product offerings and market presence.
  • Digital transformation in insurance enhances Ryan Specialty's operational efficiency and risk assessment.
  • Growing demand for specialty insurance due to natural disasters boosts Ryan Specialty's market share.

What critics are saying

  • Integration challenges from multiple acquisitions may lead to operational inefficiencies.
  • Expansion into new Chicago office space could increase operational costs and face delays.
  • Regulatory scrutiny on acquisitions like Castel Underwriting may delay integration.

What makes Ryan Specialty unique

  • Ryan Specialty's strategic acquisitions enhance its product offerings and geographic reach.
  • The firm focuses on innovative specialty insurance solutions for brokers, agents, and carriers.
  • Ryan Specialty's leadership team is strengthened by experienced executives in key roles.

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Benefits

Paid Vacation

Paid Sick Leave

Paid Holidays

Paid Parental Leave

Mental Health Support