Full-Time

Inside Broker

Confirmed live in the last 24 hours

Ryan Specialty

Ryan Specialty

1,001-5,000 employees

Financial Services

Compensation Overview

$90k - $118.1kAnnually

+ Bonus

Senior

Atlanta, GA, USA

Category
Insurance
Finance & Banking
Required Skills
Sales
Lead Generation
Requirements
  • Minimum of 5 years of experience in Wholesale brokerage, Commercial insurance coverages, Sales or Underwriting with a Bachelor’s degree, or 3 years and a Master’s degree.
  • Bachelor’s degree required, Master’s degree preferred; Business Administration, Sales, and Risk Management preferred. Any other related discipline or commensurate work experience considered.
Responsibilities
  • Collaborates with brokers to craft seamless service and strategic market placement for commercial accounts, ensuring client satisfaction and loyalty.
  • Demonstrates knowledge of commercial insurance coverages, evaluates submissions from retail insurance brokers, and identifies exposures and coverage required.
  • Analyzes risk exposures and coverage needs from broker submissions, exercising independent judgment and discretion to strategically place risks with optimal carriers.
  • Determines suitable insurance markets for quote requests, secures quotes, and manages the placement process according to broker and market agreements.
  • Analyzes and negotiates optimal quotes terms for coverage and pricing and explains quote details to brokers to facilitate binding decisions.
  • Ensures lead generation through outbound calls, analyzes online and phone quote activity, and identifies opportunities to expand the business.
  • Drives revenue development and growth of personal book of business through assigned sales targets.
  • Partners with retail agencies and brokerage, acting as a key liaison between insurance markets and retail brokers and addressing their needs.
  • Ensures meticulous account management by attaching and maintaining all necessary documents for the appropriate policy and account.
  • Participates in assigned educational courses, professional designations, and licensing programs.

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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