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Ryan Specialty · 5 hours ago

Vice President

Virginia, United States

Full-time

Onsite

Senior Level, Lead/Staff

$104K/yr - $120K/yr

8+ years exp

Ryan Specialty is an organization focused on property and casualty insurance, seeking a Senior Property and Casualty Underwriter. The role involves overseeing workflows, managing relationships, and developing strategies to enhance business opportunities and achieve targets.

Financial ServicesInsuranceRisk Management

Comp. & Benefits

Responsibilities

Oversees and strategically manages workflows for new property and casualty business and renewals, showcasing advanced professionalism, technical expertise, and adherence to underwriting guidelines

Evaluates, prioritizes, and selects submissions and prices risks that will develop an underwriting profit for the carrier, refers or declines risks that present excessive risk

Drives risk assessment comprehensively, evaluating factors such as coverage value, location, usage, safety features, and other considerations to make informed decisions on risk acceptance

Determines appropriate coverage limits, insurance premiums, policy terms based on risk assessment, ensuring active portfolio management of complex property and casualty accounts

Negotiates terms and conditions with the broker, recognizes and creates cross sell opportunities for other products while ensuring compliance with regulations and guidelines

Develops strategic initiatives to create new business opportunities, maximizes retention of assigned portfolios and contributes significantly to achieving business targets

Manages internal and external relationships that will deliver superior customer service. Develops professional, long-term relationships with brokers and agents, expanding the book of business and operating within delegated authority limits

Partners with underwriting teams, fosters seamless communication, and optimizes task coordination to support the overall underwriting process

Provides accurate premium forecasts and business plans, contributes to budgeting processes and supports the achievement of performance targets

Optimizes underwriting processes, introduces new technologies, and aligns the department with broader organizational goals. Delivers training for new underwriters on underwriting guidelines, processes, and systems

Attends industry events and stays abreast of property and casualty underwriting trends, emerging risks in the sector, regulatory changes, and adjust underwriting strategies, accordingly

Qualification

PropertyCasualty UnderwritingRisk AssessmentPortfolio ManagementBusiness DevelopmentLicensesCertificationsNegotiation SkillsCustomer ServiceTrainingDevelopmentTeam Collaboration