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Ryan Specialty · 1 day ago

Production Underwriter

United States

Full-time

Remote

Senior Level

$96K/yr - $120K/yr

5+ years exp

Ryan Specialty is a company focused on providing innovative insurance solutions, and they are seeking a Production Underwriter for RT Connector. The role involves building and maintaining a book of business by engaging with retail agents, assessing insurance risks, and driving revenue through effective underwriting practices and relationship management.

Financial ServicesInsuranceRisk Management

Comp. & Benefits

Responsibilities

Develop and maintain strong relationships with retail agents to drive submission flow and bind rates in the Connector, through proactive outreach and solution selling

Provide responsive, knowledgeable support to agents throughout the quoting and binding process

Utilize the Connector to quote, bind, and issue policies efficiently through a submission inbox

Engage with non-active registered users of RT Connector to elicit feedback, conduct meetings, appetite education and Connector demos to promote our platform and drive adoption

Improve revenue retention by engaging with retail agents on specific renewal quotes to provide advice, support and direction

Establish and monitor the production pipeline of new & renewal business

Identify and pursue new market opportunities and underserved segments

Collaborate with the Business Development team to help improve KPIs and Connector adoption among registered users

Coordinate with the RT Binding teams to refer accounts and relationships back and forth between the digital and traditional placement streams

Assess and price renewals, new business, and endorsements according to Connector guidelines and/or carrier underwriting manual and within their authority level

Select and/or verify class code and premium base and rating exposure

Determine appropriate credits and/or debits to obtain a fair and sustained premium for risk

Determine coverage forms and necessary endorsements

Effectively communicate quote conditions to the client

Maintains strong communication with internal teams. Provide feedback to the product and tech teams to enhance platform functionality and user experience

Provide accurate documentation in the file and/or in electronic notes of underwriting thought process

Ensure timely and accurate preparation for issuance of policies

Order/review inspection reports to assess risk quality and to confirm exposure base accuracy

Ensure that information available from internal and external resources is properly integrated into underwriting decision making

Drive a multi-disciplinary approach to understanding insureds’ risks. Collaborate with other underwriters and team members to gain a comprehensive understanding of the exposure and best means to provide coverage

Qualification

P&C Binding AuthorityInsurance UnderwritingRisk EvaluationData AnalysisPortfolio ManagementCollaborationDocumentationCommunicationProject ManagementTime Management

Required

Bachelor's degree

Minimum of 5 years of experience in P&C Binding Authority and Insurance Underwriting with a Bachelor's degree, or 3 years of experience and a Master's degree

Minimum requirements for state P&C and/or surplus line licenses

Risk Evaluation

Guidance Adherence

Collaboration

Documentation

Marketing

Portfolio Management

Policy language

Data Analysis

Communication

Project Management

Group Presentations