Full-Time

Underwriting Operations Technician

Confirmed live in the last 24 hours

Ryan Specialty

Ryan Specialty

1,001-5,000 employees

Financial Services

Compensation Overview

$20 - $23Hourly

+ Bonus

Entry

Middletown, NY, USA

Category
Insurance
Finance & Banking
Requirements
  • Bachelor’s degree in Risk Management or Business.
  • 6 months to a year of related experience
  • Chartered Property Casualty Underwriter (CPCU), Associate in Personal Insurance (API), Associate in Commercial Underwriting (AU), Associate in Reinsurance (ARe) or Registered Professional Liability Underwriter (RPLU) is preferred
Responsibilities
  • Accurately input information into underwriting systems.
  • Review policy language and forms to ensure compliance.
  • Gather relevant market data for risk assessment.
  • Assist agents and clients with inquiries.
  • Organize files for underwriters’ review.
  • Assess financial, medical, and business factors.
  • Investigate and resolve policy-related issues.
  • Maintain accurate records and documentation.
  • Assist in evaluating risks for insurance approval.
  • Engage with internal teams and external partners.

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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