Full-Time

Underwriter

Confirmed live in the last 24 hours

Ryan Specialty

Ryan Specialty

1,001-5,000 employees

Financial Services

Compensation Overview

$50.57 - $63.21Hourly

+ Bonus

Junior, Mid, Senior

Jacksonville, FL, USA

Category
Insurance
Finance & Banking
Required Skills
Customer Service
Requirements
  • Minimum of 1 years of experience in Underwriting coordination, administrative support or Customer service roles in insurance industry is preferred.
  • Bachelor’s degree required; Risk Management, Actuarial and Business Administration preferred. Any other related discipline or commensurate work experience considered.
Responsibilities
  • Ensures the highest standards of data quality, oversees the governance framework for the collection, validation, and organization of data related to insurance applications and underwriting submissions.
  • Administers advanced strategies for maintaining accurate and up-to-date data, electronic and physical files, introducing efficiency measures to enhance organization and retrieval processes.
  • Participates in the development of comprehensive renewal strategies, assessing client needs, and streamlining the renewal process for enhanced efficiency.
  • Contributes to individual insurance applications for property and casualty coverage, applying established guidelines for policy issuance, considering both standard and substandard criteria.
  • Participates in the development of strategic initiatives to enhance customer service, address inquiries, resolve issues, and create a positive experience for clients and stakeholders.
  • Assists in premium calculations and ensures that rates are applied correctly based on underwriting guidelines.
  • Coordinates internal and external audits by developing comprehensive documentation protocols and guiding the team through audit processes.
  • Generates and maintains reports on underwriting activities, key performance indicators, and other relevant metrics.
  • Ensures strict adherence to company policies, industry regulations, and compliance standards, proactively identifying areas for improvement and implementing corrective measures.
  • Supports the training of new coordinators on underwriting coordination processes and systems.

Company Stage

IPO

Total Funding

$705.5M

Headquarters

Chicago, Illinois

Founded

N/A

Growth & Insights
Headcount

6 month growth

-1%

1 year growth

-1%

2 year growth

-1%
Simplify Jobs

Simplify's Take

What believers are saying

  • The acquisition of Castel Underwriting and Socius Insurance positions Ryan Specialty for growth by expanding its product offerings and market reach.
  • The company's investment in new space in Chicago indicates a commitment to growth and expansion, potentially leading to new job opportunities and increased market presence.
  • Ryan Specialty's innovative programs, like the Franchise Hotel Program, showcase its ability to adapt and cater to niche markets, enhancing its competitive edge.

What critics are saying

  • The rapid expansion through acquisitions may pose integration challenges and strain resources, potentially impacting operational efficiency.
  • The specialty insurance market is competitive, and Ryan Specialty must continuously innovate to maintain its leadership position.

What makes Ryan Specialty unique

  • Ryan Specialty's focus on specialty insurance and its role as both a wholesale broker and managing underwriter sets it apart from traditional insurance firms.
  • The company's strategic acquisitions, such as Castel Underwriting and Socius Insurance, enhance its product offerings and expand its international presence.
  • Ryan Specialty's ability to successfully reprice its term loan and reduce capital costs demonstrates financial acumen and operational efficiency.

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