Property and Casualty Underwriter

Oversees and manages property and casualty business workflows, providing technical expertise and ensuring adherence to underwriting guidelines. Develops strategies for new business opportunities and portfolio retention while contributing to business targets. Cultivates long-term broker relationships and supports training for new underwriters.

Responsibilities

• Oversees and strategically manages workflows for new property and casualty business and renewals, ensuring professionalism, technical expertise, and adherence to underwriting guidelines.
• Evaluates, prioritizes, and selects submissions, pricing risks to develop underwriting profit; refers or declines excessive risks.
• Drives comprehensive risk assessment, evaluating coverage value, location, usage, safety features, and other factors to make informed risk decisions.
• Determines appropriate coverage limits, insurance premiums, and policy terms based on risk assessment, ensuring active portfolio management of complex accounts.
• Negotiates terms and conditions with brokers, identifies cross-sell opportunities, and ensures compliance with regulations and guidelines.
• Develops strategic initiatives to create new business opportunities and maximize retention of assigned portfolios.
• Manages internal and external relationships to deliver superior customer service and expand the book of business within delegated authority limits.
• Partners with underwriting teams to foster seamless communication and optimize task coordination.
• Provides accurate premium forecasts and business plans, contributing to budgeting processes and performance targets.
• Optimizes underwriting processes, introduces new technologies, and aligns the department with organizational goals.
• Delivers training for new underwriters on guidelines, processes, and systems.
• Attends industry events and stays updated on underwriting trends, emerging risks, and regulatory changes to adjust strategies accordingly.

Requirements

• Minimum of 8 years of experience in Property and Casualty Underwriting.
• Bachelor’s degree required; Risk Management, Actuarial, or Business Administration preferred. Related disciplines or commensurate work experience considered.

Qualifications

• Must meet minimum requirements for state P&C and/or surplus line licenses.
• Preferred certifications: Chartered Property Casualty Underwriter (CPCU), Certified Insurance Counselor (CIC).

Benefits

Ryan Specialty offers a comprehensive benefits package, including:

• Paid time off for company holidays, vacation, sick, and personal days.
• Paid parental leave.
• Mental health services.

Pay

The target salary range for this position is $88,000.00 - $110,000.00 annually. The range considers factors such as training, transferable skills, work experience, licensure, certification, business needs, and market demands. Full-time roles are eligible for bonuses and benefits.