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Ryan Specialty · 14 hours ago

Structured Insurance Property Underwriter

New York, NY

Full-time

Onsite

Mid, Senior Level

$120K/yr - $150K/yr

5+ years exp

Ryan Specialty is a leading global alternative risk transfer MGU that provides structured insurance solutions for complex and unique risks. The Structured Insurance Property Underwriter is responsible for underwriting new and renewal structured property insurance opportunities, focusing on profitable portfolio development for represented carriers while building strong relationships with clients and brokers.

Financial ServicesInsuranceRisk Management

Comp. & Benefits

H1B Sponsor Likely

Responsibilities

Underwriting & Portfolio Management

Report to Chief Underwriting Officer

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

Participate in portfolio development that balances profitability with risk assumption

Manage existing, and develop new, risk and pricing models together with the internal stakeholders

Implement client acquisition and renewal strategy and actively monitor the company’s and its carriers’ property portfolio to assure growth while maintaining alignment with profitability and risk assumption metrics

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

Risk Assessment & Structuring

Conduct comprehensive individual risk assessment, including understanding the location and nature of insurable risks, the coverages sought, exposure, safety features, and the insureds’ industries

Assure that each risk is properly modelled and priced

Determine appropriate insurance and captive reinsurance structures, including setting risk limits, premiums mechanics, and terms and conditions for structured property solutions

Negotiate bespoke terms and conditions with brokers while identifying cross-selling and additional opportunities for the company and the group

Market & Client Development

Build and maintain long-term professional relationships with brokers, carriers, captive managers, and corporate and financial institution clients

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 structured property portfolio while assuring profitability of the portfolio

Collaboration

Partner with internal teams to optimize processes, integrate new risk solution concepts, share techniques and developments, and develop business strategies to align team goals with strategic business objectives

Contribute to premium forecasting, budgeting, and performance reporting, as well as aid in developing standards

Qualification

Property & casualty underwritingComplex/structured solutionsRisk assessmentCPCU certificationActuarial SciencesCreative thinkingCollaborationRelationship building

Required

5+ years of property & casualty underwriting, with exposure to complex/structured solutions

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

Applicable state P&C and/or surplus lines licenses

Preferred

CPCU, CIC, or equivalent advanced certifications

Benefits

Paid time off for company holidays

Vacation

Sick and personal days

Paid parental leave

Mental health services and more

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)