Full-Time

Underwriter Assistant

Confirmed live in the last 24 hours

Ryan Specialty

Ryan Specialty

1,001-5,000 employees

Financial Services

Compensation Overview

$21 - $26.45Hourly

+ Bonus

Entry, Junior

Chicago, IL, USA

Category
Insurance
Finance & Banking
Required Skills
Customer Service
Requirements
  • 6 Months to 1 year of experience in Underwriting coordination, Administrative Support or Customer service roles in insurance industry is preferred.
Responsibilities
  • Maintains accurate and up-to-date data, electronic and physical files for underwriting records, policies, and endorsements. Documents underwriting decisions via automated desktop systems and tools.
  • Supports the collection, validation, and organization of data related to insurance applications and underwriting submissions.
  • Coordinates the renewal process by gathering necessary information, preparing renewal documents, and assisting in client communications.
  • Coordinates with others to manage production activities such as submissions, quotes, declines, binds, issuance, etc. to provide accurate, timely, and quality service to clients.
  • Underwrites individual insurance applications for Property and Casualty coverage, applying established guidelines for policy issuance, considering both standard and substandard criteria.
  • Ensures that underwriting activities adhere to company policies, industry regulations, and compliance standards.
  • Assists in internal and external audits by providing documentation and information related to underwriting activities.
  • Collaborates with underwriting teams to relay information, coordinate tasks, and support the overall underwriting process.
  • Communicates with clients, brokers, and underwriters to gather additional information, clarify details, and address inquiries regarding underwriting submissions.
  • Delivers excellent customer service by addressing inquiries, resolving issues, and ensuring a positive experience for clients and stakeholders.

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