Position Summary
The Senior Property and Casualty Underwriting Coordinator is responsible for overseeing the governance framework for collecting, validating, and organizing data in insurance applications and underwriting submissions. The role streamlines processes, develops comprehensive renewal strategies and procedures for efficient maintenance of accurate electronic and physical files and data. They undertake underwriting responsibilities for property and casualty coverage by applying established guidelines and ensure strict adherence to company policies and industry regulations.
What will your job entail?
Job 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.
Work Experience and Education:
• 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.
Licenses & Certifications:
• Prescribed: N/A
• Preferred: N/A
Ryan Specialty is an Equal Opportunity Employer. We are committed to building and sustaining a diverse workforce throughout the organization. Our vision is an inclusive and equitable workplace where all employees are valued for and evaluated on their performance and contributions. Differences in race, creed, color, religious beliefs, physical or mental capabilities, gender identity or expression, sexual orientation, and many other characteristics bring together varied perspectives and add value to the service we provide our clients, trading partners, and communities. This policy extends to all aspects of our employment practices, including but not limited to, recruiting, hiring, discipline, firing, promoting, transferring, compensation, benefits, training, leaves of absence, and other terms, conditions, and benefits of employment.
How We Support Our Teammates
Ryan Specialty seeks to offer our employees a comprehensive and best-in-class benefits package that helps them — and their family members — achieve their physical, financial, and emotional well-being goals. In addition to paid time off for company holidays, vacation, sick and personal days, Ryan offers paid parental leave, mental health services and more.
The target hourly rate range for this position is $50,568.00 - $63,211.00 per hour.
The wage range for this role considers many factors, such as training, transferable skills, work experience, licensure and certification, business needs, and market demands. The pay range is subject to change and may be modified in the future. Full-time roles are eligible for bonuses and benefits. For additional information on Ryan Specialty Total Rewards, visit our website https://benefits.ryansg.com/.
We provide individuals with disabilities reasonable accommodations to participate in the job application or interview process, to perform essential job functions, and to receive other benefits and privileges of employment in accordance with applicable law. Please contact us to request an accommodation at [email protected]
The above is intended to describe this job’s general requirements. It is not to be construed as an exhaustive statement of duties, responsibilities, or physical requirements. Nothing in this job description restricts management’s right to assign or reassign duties and responsibilities to this job at any time. Reasonable accommodations may be made to enable individuals with disabilities to perform essential functions.