Property and Casualty Underwriter

JOB SNAPSHOT : Employee Type :

Employee Type : Regular

Regular

Location :

Chicago - Illinois - Wacker

Secondary Location(s) :

Position Summary : Responsibilities :

Responsibilities :

• Underwrites new and renewal property and casualty business, analyzes policy forms, broker endorsement requests, and submitted documentation as per company underwriting standards and guidelines and obtains additional information as needed.
• Determines whether to accept, modify or decline a risk through evaluation of the coverage value, location, usage, safety features, and other factors pertinent to the decision.
• Determines appropriate coverage limits and insurance premiums, policy terms and conditions based on risk assessment and underwriting guidelines and ensures active portfolio management of property and casualty accounts.
• Delivers services for new property and casualty business and renewals while demonstrating professionalism, technical knowledge, and adherence to underwriting guidelines.
• Examines, identifies, and evaluates exposures and ensures compliance with state and country laws and guidelines established by carriers and the organization.
• Provides premium forecasts and business plans to support budget and performance targets.
• Maintains existing broker relationships and collaborates across teams to manage production activities such as submissions, quotes, declines, binds, issuance to provide accurate, timely, and quality service to clients.
• Builds professional, long-term relationships in the designated portfolio and as per delegated authority limits and partners with brokers to create customized insurance solutions as needed to service a client.
• Creates opportunities for new business, maximizes retention of assigned portfolio and ensures timely review of renewal business to achieve business targets.
• Executes marketing activities, attends seminars and training, and stays abreast on market dynamics and property and casualty underwriting trends.
• Stays informed about industry trends, emerging risks in the property and casualty sector, terminology, regulations and adjusts underwriting strategies accordingly.

Work Experience :

Minimum of 5 years of experience in Property and Casualty Underwriting with a Bachelor's degree or 3 years and a Master's degree is preferred.

Education :

Bachelor's degree required, Master's degree preferred; Risk Management, Actuarial and Business Administration preferred.

Any other related discipline or commensurate work experience considered.

Licenses & Certifications :

• Prescribed : Minimum requirements for state P&C and / or surplus line licenses.
• Preferred : Chartered Property Casualty Underwriter (CPCU)

Ryan Specialty is an Equal Opportunity Employer. We are committed to building and sustaining a diverse workforce that is reflective of society throughout the entirety of the organization.

Our vision is an inclusive and equitable workplace where all employees are valued 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.

Disclaimer

Ryan Specialty is an Equal Opportunity Employer

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 wellbeing goals.

In addition to our comprehensive benefits package, we encourage a diverse workforce that allows you to manage your wellbeing and work / life balance.

We understand that you have a life outside of work. That's why we offer paid time off for vacation, sick and personal days.

In addition, we offer paid parental leave and paid company holidays.

Ryan Specialty values a diverse workplace where all colleagues feel empowered to be their authentic selves, and we are proud to be an equal-opportunity workplace.

Ryan Specialty provides equal employment opportunities (EEO) to all employees and applicants for employment without regard to race, color, religion, creed, sex, sexual orientation, gender identity, national origin, age, disability, veteran, marital, domestic partner status, or other legally protected status.

Ryan Specialty is committed to a diverse workforce.

The target salary range for this position is $98,120.00 - $128,782.00 annually.

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 base 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 HR@Ryansg.com

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.