Full-Time

Underwriting Operations Associate

Posted on 4/2/2025

Ryan Specialty

Ryan Specialty

1,001-5,000 employees

Specialty insurance distribution and risk management

No salary listed

Entry, Junior

Sant Cugat del Vallès, Barcelona, Spain

Category
Insurance
Finance & Banking
Requirements
  • Previous work within a busy administrative role in professional or financial services is required
Responsibilities
  • Review credit information to determine additional required documents for processing.
  • Respond to agent inquiries, risk eligibility, and underwriting policies.
  • Process and issue mid-term premium and endorsement transactions.
  • Support Primary Lead Processing and perform administrative tasks.
  • Conduct field research on prospective investments.
  • Analyse customer operations and finances for creditworthiness.
  • Participate in transaction due diligence and credit approval.
  • Ensure accurate collection of customer financial information.
Desired Qualifications
  • Previous insurance experience in insurance is preferred but not essential

Ryan Specialty is an international specialty insurance firm that offers a range of services including distribution, underwriting, product development, administration, and risk management. The company operates as both a wholesale broker and a managing underwriter, focusing on creating specialized insurance solutions for unique risks. Their products work by leveraging industry expertise and innovative approaches to meet the specific needs of insurance brokers, agents, and carriers. What sets Ryan Specialty apart from its competitors is its dedicated focus on sophisticated insurance solutions and its commitment to quality service, driven by the leadership of experienced professionals in the insurance field. The company's goal is to provide industry-leading specialty insurance solutions while fostering a diverse and inclusive workplace that values all employees.

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

Business Wire
May 1st, 2024
Ryan Specialty Acquires Castel Underwriting

Ryan Specialty has completed the acquisition of Castel Underwriting Agencies from Arch Financial Holdings and minority shareholders. Castel, with offices in London, the Netherlands, Belgium, and Singapore, enhances Ryan Specialty's product offerings. The leadership team for Ryan Specialty Underwriting Managers International now includes Mark Birrell as Chairman and CEO, Carin Verhagen as General Counsel, and Roland Hill as COO.

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