Property and Casualty Underwriter

Job Responsibilities

• Underwrites new and renewal property and casualty business, analyzing policy forms, broker endorsement requests, and submitted documentation as per company underwriting standards and guidelines and obtaining 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.
• 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.

Requirements

• Bachelor’s degree or Master’s degree in Risk Management, Actuarial and Business Administration required. Any other related discipline or commensurate work experience considered.
• 5+ years of experience in Property and Casualty Underwriting.
• Licenses & Certifications: Must meet minimum requirements for state P&C and/or surplus line licenses. Chartered Property Casualty Underwriter (CPCU) is a plus.

Qualifications

• Professionalism, technical knowledge, and adherence to underwriting guidelines.
• Ability to manage a portfolio of accounts and drive new and renewal business opportunities.
• Strong analytical and problem-solving skills.
• Excellent communication and interpersonal skills.
• Knowledge of state and country laws and guidelines established by carriers and the organization.
• Ability to work independently and as part of a team.

Skills

• Property and Casualty Underwriting
• Risk Assessment
• Policy Form Analysis
• Compliance with State and Country Laws
• Portfolio Management
• Customer Relationship Management
• Market Dynamics and Trends
• Underwriting Strategies

Benefits

The target salary range for this position is $82,000.00 - $102,500.00 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 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 here.

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