Full-Time

Assistant Vice President

Keystone Risk Partners

Confirmed live in the last 24 hours

Ryan Specialty

Ryan Specialty

1,001-5,000 employees

Financial Services

Compensation Overview

$140k - $175kAnnually

+ Bonus

Senior, Expert

Newtown Square, PA, USA + 1 more

More locations: Atlanta, GA, USA

Category
Insurance
Finance & Banking
Required Skills
Risk Management

You match the following Ryan Specialty's candidate preferences

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

Degree
Experience
Requirements
  • Bachelor’s degree or Master’s Degree in Risk Management, Actuarial or Business Administration
  • 8+ years of experience in Property and Casualty Underwriting
  • State P&C and/or surplus line license required
Responsibilities
  • Delivers profitable growth through effective risk selection, premiums, coverage and drives remediation strategies or correction within the scope of their own Underwriting Authority.
  • Partners with senior management to set clear objectives and strategies, manages annual budget process and assists in strategic matters relevant to the overall direction of the portfolio.
  • Leads the development of new property and casualty products tailored to evolving customer needs, leverages market insights and technological advancements for a competitive edge.
  • Establishes strong relationships with brokers and clients and other relevant stakeholders with the principal focus on growing the P&L within assigned authority.
  • Develops insured specific risk transfer programs, gathers pertinent underwriting information conducts due diligence for risk selection and prepares and analyzes pricing models.
  • Identifies prospective accounts in targeted markets, creates opportunities, coordinates RFPs, and follows through to a successful agreement.
  • Recognizes and creates cross sell opportunities for products, works to understand options that best meet insured needs and negotiates terms and conditions with the agent or broker.
  • Establishes consistent underwriting best practices, in accordance with underwriting guidelines, to ensure rating, pricing, profitability, and structuring adequacy.
  • Liaises with other departments in ensuring underwriting process and guidelines are within company’s standards and in compliance to risk compliance and audit requirements.
  • Evaluates and implements technologies such as artificial intelligence and automation to streamline underwriting processes, deliver efficiency, and stay on top of industry advancements.
  • Trains and develops less experienced staff on underwriting approach and compliance, policy documentation and administration, and other best practices.
Desired Qualifications
  • Chartered Property Casualty Underwriter (CPCU)
  • Associate in Commercial Underwriting (AU) a plus

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