Full-Time

Property and Casualty Underwriting Associate

Confirmed live in the last 24 hours

Ryan Specialty

Ryan Specialty

1,001-5,000 employees

Consulting
Financial Services

Entry, Junior

Sparks, MD, USA

Category
Insurance
Finance & Banking
Required Skills
Risk Management
Customer Service

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 in Risk Management, Actuarial or Business Administration required
  • 6 Months to 1 year of experience in Property and Casualty Underwriting
  • Must meet minimum requirements for state P&C and/or surplus line licenses
Responsibilities
  • Evaluates and maintains existing policy information to ensure data is current, accurate, and appropriately priced for renewal.
  • Responds to client requests and questions, offering information and advice regarding the insurance products & underwriting appetite.
  • Communicates with clients to gather necessary information, resolves inquiries, and ensures a smooth underwriting process.
  • Prepares and organizes documentation related to underwriting submissions and policy issuance.
  • Assesses risks associated with individual insurance applications, considering both standard and substandard criteria.
  • Provides support in premium calculations, ensuring accurate application of rates based on underwriting guidelines.
  • Builds and maintains reports on underwriting activities, key performance indicators, and relevant metrics.
  • Conducts internal and external audits by providing necessary documentation and information related to underwriting activities.
  • Ensures adherence to company policies, guidelines, industry regulations, and compliance standards in underwriting activities.
  • Collaborates with underwriting teams to relay information, coordinate tasks, and contribute to the overall underwriting process.
  • Serves as the key point of contact for customers and agents and delivers excellent customer service by addressing inquiries, resolving issues, and ensuring a positive experience for them.
Desired Qualifications
  • Chartered Property Casualty Underwriter (CPCU) is 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 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.

Help us improve and share your feedback! Did you find this helpful?

Benefits

Paid Vacation

Paid Sick Leave

Paid Holidays

Paid Parental Leave

Mental Health Support