Structured & Catastrophe-Exposed Property Insurance Underwriter

Position Summary

The Structured & Catastrophe-Exposed Property Insurance Underwriter is responsible for underwriting property insurance opportunities for two distinct property programs, Structured Property Insurance, and Catastrophe-exposed Commercial Property. Under the direction of underwriting leadership and using a business-team approach, the underwriter meets the evolving needs of clients while delivering strong results to the company and the carriers it represents.

Responsibilities

• Report to Chief Underwriting Officer.

• Underwriting & Portfolio Management – Structured Property

  • Create bespoke property insurance and captive reinsurance risk solutions to meet the needs of large commercial and corporate clients and their captive reinsurers while building strong relationships with these clients and their brokers.
  • Underwrite and develop bespoke structured property (re)insurance solutions for complex and unique property risks for large commercial and institutional clients.
  • Evaluate, select, and price risks with a focus on long-term profitability and alignment with underwriting guidelines.
  • Determine appropriate insurance and captive reinsurance structures, including setting risk limits, premiums mechanics, and terms and conditions for structured property solutions.
  • Manage and refine risk and pricing models in collaboration with internal stakeholders.
  • Implement client acquisition and renewal strategies to support portfolio growth.

• Underwriting & Portfolio Management – Catastrophe-Exposed Property

  • Underwrite E&S commercial property with material catastrophe exposure, including wildfire and other natural perils.
  • Evaluate hazard, construction, occupancy, and risk management to assess risk quality.
  • Price and structure traditional property coverage consistent with underwriting guidelines.
  • Contribute to monitoring of aggregation, adherence to capacity constraints, and portfolio steering across cat-exposed lines.
  • Support product development initiatives across wildfire and broader cat-exposed products.

• Risk Assessment & Structuring

  • Assure timely review of submissions, delivery comprehensive and well-crafted underwriting proposals, and delivery of insurance or captive reinsurance documentation, including rate, quote, and bind processing, premium management, and delivery of policies and endorsements.
  • Conduct comprehensive individual risk assessment, including understanding the location and nature of insurable risks, the coverages sought, exposure, safety features, and the insureds’ industries.
  • Negotiate bespoke terms and conditions with brokers while identifying cross-selling and additional opportunities for the company and the group.

• Market, Client & Reinsurer Development

  • Represent USQRisk and affiliates at industry events and stay ahead of emerging market trends, and regulatory developments.
  • Develop strategic initiatives to secure new business opportunities and assure renewals to expand the property portfolio while assuring profitability of the portfolio.
  • Build and maintain long-term professional relationships with brokers, reinsurers, captive managers, and clients.
  • Support capacity development by working with reinsurers on structured solutions and cat-exposed portfolios, including aggregation monitoring and reporting.

• Collaboration

  • Partner with internal teams to enhance processes, integrate new concepts, and develop business strategies aligned with objectives.
  • Contribute to forecasting, budgeting, performance reporting, and standards development.

Qualifications

• This position is for an established property underwriter with strong technical and quantitative skills. The successful candidate will need to be creative and willing to learn non-traditional insurance techniques.

• Experience: 5+ years of property & casualty underwriting with exposure to complex/structured property solutions and/or catastrophe-exposed commercial property.

• Education: Bachelor’s or Master’s degree in Risk Management, Actuarial Sciences or Business Administration is strongly recommended. Any other related discipline or commensurate work experience considered.

• Licenses/Certifications Required: Applicable state P&C and/or surplus lines licenses. Preferred: CPCU, CIC, or equivalent advanced certifications.

Benefits

The target salary range for this position is $144,000.00 - $180,000.00 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.