Full-Time

Senior Environmental Underwriter

Confirmed live in the last 24 hours

Ryan Specialty

Ryan Specialty

1,001-5,000 employees

Consulting
Financial Services

Compensation Overview

$116k - $145kAnnually

+ Bonus

Senior, Expert

Remote in USA

Category
Insurance
Finance & Banking
Required Skills
Customer Service
Requirements
  • Minimum of 8 years of experience in Underwriting, preferably within Environmental lines.
  • Bachelor’s degree required, Risk Management, Actuarial and Business Administration preferred. Any other related discipline or commensurate work experience considered.
  • Must meet minimum requirements for state P&C and/or surplus line licenses.
  • Preferred: Chartered Property Casualty Underwriter (CPCU), Certified Insurance Counselor (CIC)
Responsibilities
  • Oversees and strategically manages workflows for new environmental business and renewals, showcasing advanced professionalism, technical expertise, and adherence to underwriting guidelines.
  • Evaluates, prioritizes, and selects submissions and prices risks that will develop an underwriting profit for the carrier, refers or declines risks that present excessive risk.
  • Drives risk assessment comprehensively, evaluating factors such as coverage value, location, usage, safety features, and other considerations to make informed decisions on risk acceptance.
  • Determines appropriate coverage limits, insurance premiums, policy terms based on risk assessment, ensuring active portfolio management of complex property and casualty accounts.
  • Negotiates terms and conditions with the broker, recognizes and creates cross sell opportunities for other products while ensuring compliance with regulations and guidelines.
  • Develops strategic initiatives to create new business opportunities, maximizes retention of assigned portfolios and contributes significantly to achieving business targets.
  • Manages internal and external relationships that will deliver superior customer service. Develops professional, long-term relationships with brokers and agents, expanding the book of business and operating within delegated authority limits.
  • Partners with underwriting teams, fosters seamless communication, and optimizes task coordination to support the overall underwriting process.
  • Provides accurate premium forecasts and business plans, contributes to budgeting processes and supports the achievement of performance targets.
  • Optimizes underwriting processes, introduces new technologies, and aligns the department with broader organizational goals. Delivers training for new underwriters on underwriting guidelines, processes, and systems.
  • Attends industry events and stays abreast of property and casualty underwriting trends, emerging risks in the sector, regulatory changes, and adjust underwriting strategies, accordingly.

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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