Full-Time

Policy Processing Associate

Posted on 6/12/2025

Ryan Specialty

Ryan Specialty

1,001-5,000 employees

Specialty insurance distribution and underwriting services

Compensation Overview

$20.45 - $25/hr

+ Bonus + Benefits

Entry

Farmington, CT, USA

Category
Insurance
Finance & Banking
Required Skills
Customer Service
Requirements
  • Bachelor’s degree in Business Administration
  • 6 months to a year of related experience
  • Insurance Industry Knowledge
  • Data Entry
  • Claims Policies and Procedures
  • Insurance Regulatory Compliance
  • Technical Documentation
  • Knowledge of Underwriting Systems and Tools
  • Insurance Policy Review
Responsibilities
  • Review and process insurance applications and policy endorsements.
  • Maintain accurate records of policy transactions.
  • Communicate with underwriters, brokers, and clients to resolve policy-related issues.
  • Ensure compliance with company guidelines and legal requirements related to policy issuance and modifications.
  • Assist in the development and implementation of policy processing procedures.
  • Provide excellent customer service to clients and brokers.
  • Participate in training and professional development opportunities.
  • Collaborate with team members to achieve departmental goals.
  • Stay updated on industry trends and regulations to ensure compliance.
Desired Qualifications
  • Certified Insurance Service Representative (CISR) is preferred

Ryan Specialty operates in the specialty insurance sector, offering services such as distribution, underwriting, product development, administration, and risk management. The company functions as both a wholesale broker and a managing underwriter, focusing on creating tailored insurance solutions for complex risks. Their products work by leveraging industry expertise and innovative strategies to meet the unique needs of insurance brokers, agents, and carriers. What sets Ryan Specialty apart from its competitors is its dedicated approach to specialty insurance, emphasizing sophisticated solutions and a commitment to quality service. The company's goal is to lead in providing specialized insurance solutions while fostering a diverse and inclusive workplace.

Company Size

1,001-5,000

Company Stage

IPO

Headquarters

Chicago, Illinois

Founded

2010

Simplify Jobs

Simplify's Take

What believers are saying

  • Successful repricing of term loan reduces annual cash interest expense by $5.6 million.
  • Acquisition of Castel Underwriting enhances product offerings and leadership team.
  • Entry into Ireland opens new revenue streams and reduces market risk exposure.

What critics are saying

  • Increased competition may pressure profit margins in the specialty insurance market.
  • Integration of recent acquisitions may pose operational challenges and strain resources.
  • Expansion into new markets may expose Ryan Specialty to unfamiliar regulatory environments.

What makes Ryan Specialty unique

  • Ryan Specialty's strategic acquisitions expand product offerings and geographical reach.
  • Entry into the Irish market highlights Ryan Specialty's geographical diversification.
  • Acquisitions strengthen Ryan Specialty's underwriting capabilities and risk management expertise.

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Benefits

Paid Vacation

Paid Sick Leave

Paid Holidays

Paid Parental Leave

Mental Health Support

Company News

Business Wire
May 21st, 2025
Ryan Specialty Acquires 360° Underwriting

Ryan Specialty enters Ireland with acquisition of 360 Underwriting.

Business Wire
Jan 8th, 2025
Ryan Specialty Signs Definitive Agreement to Acquire Velocity Risk Underwriters

Ryan Specialty (NYSE: RYAN), a leading international specialty insurance firm, is pleased to announce it has signed a definitive agreement to acquire

Coverage
Nov 5th, 2024
Ryan Specialty completes acquisition of Innovisk Capital Partners

Innovisk generated approximately $58 million of operating revenue for the 12 months ended July 31, 2024.

Business Wire
Sep 9th, 2024
Ryan Specialty, LLC Upsizes and Prices $600 Million of Senior Secured Notes

Ryan Specialty Holdings, Inc. (NYSE: RYAN) (“Ryan Specialty”), a leading international specialty insurance firm, today announced that Ryan Specialty,

Business Wire
Aug 2nd, 2024
Ryan Specialty Signs Definitive Agreement To Acquire US Assure

Ryan Specialty (NYSE: RYAN), a leading international specialty insurance intermediary, is pleased to announce it has signed a definitive agreement to