Full-Time

Brokerage Operations Coordinator

Confirmed live in the last 24 hours

Ryan Specialty

Ryan Specialty

1,001-5,000 employees

Consulting
Financial Services

Compensation Overview

$20 - $24Hourly

+ Bonus

Junior

Hamilton Township, NJ, USA

Category
Supply Chain Management
Operations & Logistics
Required Skills
Sales
Customer Service
Requirements
  • Minimum of 1 year of experience in the Insurance industry or Underwriting with a Bachelor’s degree.
  • 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. to market renewal business 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

  • Acquisitions like Innovisk and Castel enhance competitive edge in specialty insurance.
  • Repricing of $1.65 billion term loan improves profitability by reducing interest expenses.
  • Expansion in Chicago indicates increased operational capacity and commitment to growth.

What critics are saying

  • Integration challenges with acquisitions like Innovisk and Castel may cause inefficiencies.
  • Interest rate fluctuations could impact financial stability despite repricing efforts.
  • Expansion into new Chicago space may increase costs without guaranteed ROI.

What makes Ryan Specialty unique

  • Ryan Specialty's strategic acquisitions expand its market reach and product offerings.
  • The firm demonstrates effective financial management by reducing its term loan interest expense.
  • Ryan Specialty's investment in new Chicago space shows commitment to growth and capacity.

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