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Ryan Specialty · 1 day ago

Senior Binding Authority Underwriter

United States

Full-time

Remote

Senior Level

$168K/yr - $210K/yr

6+ years exp

Ryan Specialty is a leading organization in the insurance industry, and they are seeking a Senior Binding Authority Underwriter. The role involves evaluating complex risks, negotiating terms, and maintaining relationships with brokers and clients while ensuring compliance with regulatory standards.

Financial ServicesInsuranceRisk Management

Comp. & Benefits

H1B Sponsor Likely

Responsibilities

Reviews and authorizes complex business submissions and new risks submitted by brokers, evaluates historical performance, and determines appropriate level of risk

Negotiates profitable binding terms while brokering complex risks to successfully negotiate a placement and delivers on underwriting targets

Determines the profitability of the premium amount and seeks to evaluate possibility of losses due to catastrophe or excessive insurance

Demonstrates understanding of binding authority underwriting guidelines, best practices and ensures compliance with regulatory and statutory policies and procedures

Creates, maintains, and updates the binding authority underwriting guidelines and examines and modifies policy language as needed

Develops strong, long-term relationships with brokers, agents, and fellow underwriters to deliver a profitable book of business

Develops and enhances understanding of taxation rules for different countries and ensures appropriate filing

Coaches new binding authority underwriters and enhances their technical expertise and insurance knowledge

Qualification

Binding Authority UnderwritingInsurance UnderwritingRisk EvaluationRegulatory ComplianceCIC CertificationCPCU CertificationNegotiation SkillsRelationship ManagementCoaching SkillsTaxation Knowledge

Required

Minimum of 8 years of experience in Binding Authority and Insurance Underwriting with a Bachelor's degree, or 6 years of experience and a Master's degree

Bachelor's degree required

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

Preferred

Master's degree preferred; Business Administration, Risk Management preferred

Certified Insurance Counselor (CIC), Chartered Property Casualty Underwriter (CPCU) preferred

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

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Trends of Total Sponsorships

2025 (7)

2024 (5)

2023 (1)