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Ryan Specialty · 2 weeks ago

Structured ReInsurance Underwriter

New York, NY

Full-time

Onsite

Senior Level, Lead/Staff

$220K/yr - $275K/yr

10+ years exp

Ryan Specialty is a leading global alternative risk transfer MGU providing structured (re)insurance solutions for complex and unique risks. The Structured Reinsurance Underwriter is responsible for managing the underwriting of reinsurance for captive reinsurers, ensuring profitable growth, and developing bespoke reinsurance solutions for clients while collaborating with brokers and reinsurers.

Financial ServicesInsuranceRisk Management

Comp. & Benefits

H1B Sponsor Likely

Responsibilities

Support the company’s underwriting of structured risk captive reinsurance opportunities for large corporate and institutional clients

Develop and implement a business strategy to underwrite bespoke structured reinsurance solutions for cedant-insurers on behalf of represented assuming-reinsurers

Evaluate, select, and price complex reinsurance solutions for risks with a focus on long-term profitability and alignment with underwriting guidelines and strategic goals

Actively monitor individual structured reinsurance contacts and portfolio performance

Identify and source additional reinsurance company capital and negotiate terms of business with reinsurers and brokers

Assure timely client risk reviews and analyses, underwriting proposals, and delivery of reinsurance documentation in connection with captive reinsurance and structured reinsurance

Assure compliance with legal, regulatory and compliance requirements

Conduct comprehensive risk assessments focusing on client risk, including coverage, exposure, safety features, and industry

Determine appropriate reinsurance structures, including setting limits, premiums, and terms for structured reinsurance solutions

Negotiate bespoke terms and conditions with brokers while identifying cross-selling opportunities

Analyze, report on, and help manage risk portfolio, including reporting to stakeholders on expected business profitability

Optimize available data to assist in development of strategies and pricing for different risk structures and product types and adjust underwriting strategies accordingly with senior underwriting leadership

Build and maintain long-term professional relationships with business stakeholders, including clients, brokers, represented reinsurers and captive managers

Represent USQRisk and affiliates at industry events and stay ahead of emerging market trends, regulatory developments

Develop strategic initiatives to secure new business opportunities and assure renewals to expand the structured casualty portfolio while assuring profitability of the casualty portfolio

Provide mentorship and training to underwriters, ensuring technical excellence, adherence to goals and guidelines, and effective use of systems

Partner with internal teams to optimize processes, seamlessly integrating new risk solution concepts and technologies, and aligning departmental goals with global business objectives

Set premium forecasts and budgets, assist in management performance reporting

Qualification

Property & Casualty UnderwritingStructured Insurance SolutionsQuantitative ModelingRisk ManagementBusiness AdministrationCPCU CertificationClient DevelopmentLeadershipMentorship

Required

Minimum 10 years of property & casualty underwriting experience

Significant exposure to complex/structured solutions

Working knowledge of structured insurance and reinsurance

Bachelor's or Master's degree in Risk Management, Actuarial Sciences or Business Administration strongly recommended

State P&C and/or surplus lines licenses

Preferred

Experience in or working knowledge of quantitative and financial modeling

CPCU, CIC, or equivalent advanced certifications

Benefits

Paid time off for company holidays

Vacation

Sick and personal days

Paid parental leave

Mental health services

Company

Ryan Specialty

Glassdoor3.7

Ryan Specialty is an insurance firm that provides solutions for brokers, agents, and insurance carriers.

Founded in 2010

Chicago, Illinois, USA

5001-10000 employees

https://ryanspecialty.com

H1B Sponsorship

Ryan Specialty has a track record of offering H1B sponsorships. Please note that this does not guarantee sponsorship for this specific role. Below presents additional info for your reference. (Data Powered by US Department of Labor)

Distribution of Different Job Fields Receiving Sponsorship

Represents job field similar to this job

Trends of Total Sponsorships

2025 (7)

2024 (5)

2023 (1)