Apply on Employer Site

Ryan Specialty · 23 hours ago

U.S. Head of Wholesale Cyber

United States

Full-time

Remote

Director/Executive

$240K/yr - $300K/yr

12+ years exp

Ryan Specialty is a company focused on innovative insurance solutions, and they are seeking a Head of Wholesale Cyber to direct their Cyber and Technology E&O underwriting strategy. This role is responsible for overseeing underwriting processes, business development, and the creation of new insurance products to achieve profitable growth.

Financial ServicesInsuranceRisk Management

Comp. & Benefits

Responsibilities

Directs and oversees the comprehensive underwriting process for both new and renewed Cyber accounts to achieve and exceed profitability targets

Partners with executives and business heads to craft a compelling underwriting strategy, outlines ambitious revenue targets and market expansion plans

Translates the strategic vision of the executives into actionable long-term and short-term plans for the underwriting business, ensuring teams and functions are aligned across the organization

Leads the development of innovative property and casualty products within the underwriting portfolio, leveraging market insights, customer needs, and emerging industry trends

Reviews and authorizes innovative underwriting solutions and structures and recommends changes as needed to deliver business goals

Supervises strategic initiatives and ensures data driven decision making, operational excellence and improved client retention in alignment with Ryan Specialty's vision and objectives

Identifies areas for growth and cross-selling, fosters an innovative culture and drives the team to develop new underwriting practices, guidelines, and processes for increased effectiveness

Oversees comprehensive risk analysis, evaluates factors such as coverage value, location, usage, safety features to make informed decisions on risk acceptance, modification, or decline

Establishes and enforces consistent underwriting best practices within the team, aligning with underwriting guidelines to ensure rating, pricing, profitability, and structuring adequacy

Establishes strong relationships with key brokers, clients, and other stakeholders aimed at growing the business

Provides training and mentorship to underwriting professionals, focusing on underwriting approaches, compliance, policy documentation, administration, and other best practices