Full-Time

Production Associate

Posted on 11/15/2024

Ryan Specialty

Ryan Specialty

1,001-5,000 employees

Consulting
Financial Services

Compensation Overview

$21 - $26.45Hourly

+ Bonus

Entry

Remote in USA

Category
Quality Control & Compliance
Warehouse Operations
Operations & Logistics
Required Skills
Sales
Customer Service
Requirements
  • Less than 1 year of experience in the Insurance industry or Underwriting.
  • Bachelor’s degree required; Business Administration, Sales, and Risk Management preferred. Any other related discipline or commensurate work experience considered.
  • Prescribed: Minimum requirements for state P&C and/or surplus line licenses.
Responsibilities
  • Assists in executing and coordinating day-to-day brokerage operations and supports the implementation and improvement of operational procedures.
  • Coordinates with the broker to prepare documents, cover letters etc. and provides necessary administrative support in filing, printing, and archiving documents.
  • Administers and updates new and current client information in all required systems accurately.
  • Maintains accurate and organized records of client accounts, transactions, and other relevant documentation and ensures compliance with record-keeping regulations.
  • Performs customer service functions by answering broker requests and questions by telephone, email, chat, or in person.
  • Contributes to the preparation of compliance reports related to brokerage operations and collaborates across broker and finance teams on business requirements.
  • Adheres to regulatory requirements and internal policies and assists in the preparation of compliance reports.
  • Assists in identifying and mitigating operational risks and collaborates with risk management teams to implement controls.
  • Supports the Brokerage team with any ad hoc tasks and requests.

Company Stage

IPO

Total Funding

$705.5M

Headquarters

Chicago, Illinois

Founded

2010

Growth & Insights
Headcount

6 month growth

0%

1 year growth

0%

2 year growth

0%
Simplify Jobs

Simplify's Take

What believers are saying

  • Ryan Specialty's expansion into Chicago indicates growth and increased operational capacity.
  • The repricing of its term loan reduces annual cash interest expenses by $5.6 million.
  • Acquisitions like Innovisk and Socius Insurance enhance Ryan Specialty's market position.

What critics are saying

  • Integrating recent acquisitions may strain Ryan Specialty's management resources.
  • Rising interest rates could impact Ryan Specialty's financial flexibility and expansion plans.
  • Increased competition in the specialty insurance market may pressure profit margins.

What makes Ryan Specialty unique

  • Ryan Specialty's acquisition of Castel expands its product offerings and geographic reach.
  • The company focuses on innovative specialty insurance solutions for brokers, agents, and carriers.
  • Ryan Specialty's leadership team includes experienced executives like Mark Birrell and Carin Verhagen.

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