Location: Roseville, CA
Company: Ryan Specialty
has been named 2023 Top Insurance Employer by Insurance Business America. Position Summary: The RT Underwriter is focused on developing and maintaining a profitable book of business by building relationships with internal and external stakeholders. This role requires an eye on high quality submissions, discussions regarding pricing with the agent and guidance to other coverages appropriate for the insured.
Submissions are analyzed in accordance with guidelines set forth within authority granted from appointed E&S, admitted and non-admitted carriers. RT Underwriters work closely with other Underwriting colleagues (junior and senior) as well as Underwriting Assistants in the prioritization
and processing of the quotes including risk evaluation, pricing and terms and conditions. The primary roles of the Underwriter include (1) external selling and negotiating, problem solving and relationship management and (2) the effective use of company and carrier specific technology to control E&O exposure and ensure the timely and accurate disposition of policies and endorsements within contractually bound timeframes.
RT Underwriters is also accountable for achieving premium budget forecasts, profit and loss, and business development in the assigned territory. Essential Functions: Holds the appropriate licenses for all marketing jurisdictions. Communication of risk appetite and the
RT Value proposition to the agent. Develop strong, long term relationships with the agents to add to a profitable book of business.
Manage internal and external relationships that will contribute to a superior service experience for the agent and broker customer. Senior level underwriters will provide guidance and direction to junior staff including underwriters and underwriting assistants as needed. Quickly evaluate, prioritize, and select submissions and price risks that will develop an underwriting profit for the carrier; refer or decline risks that present excessive risk. Liaise with resources for individual risk backssment, including financial and COPE data.
Collaborate with internal team on targeted, desirable accounts. Recognize and create cross sell opportunities for other products. Work with agents to understand options that best meet insured needs. Negotiate terms and conditions with the agent or broker. Participate in RT underwriting projects as needed. Other relevant duties as assigned Education/Experience/Skills: Minimum of five (5) years underwriting E&S products preferred. Bachelors preferred. Strong analytical and negotiating skills. Ability to work in a fast-paced environment Ability to travel to agent and broker, carrier, and employer meetings.
Ability to work in a highly automated, paperless environment, including specialized software packages. Basic computer skills including MS Office Suite. Disclaimer Ryan Specialty is an Equal Opportunity Employer How We Support Our Teammates Ryan Specialty seeks to offer our employees a comprehensive and best-in-class benefits package that helps them — and their family members — achieve their physical, financial, and emotional wellbeing goals. In addition to our comprehensive benefits package, we encourage a diverse workforce that allows you to manage your wellbeing and work/life balance.
We understand that you have a life outside of work. That's why we offer paid time off for vacation, sick and personal days. In addition, we offer paid parental leave and paid company holidays. Ryan Specialty values a diverse workplace where all colleagues feel empowered to be their authentic selves, and we are proud to be an equal-opportunity workplace. Ryan Specialty provides equal employment opportunities (EEO) to all employees and applicants for employment without regard to race, color, religion, creed, interaction, interactionual orientation, gender identity, national origin, age, disability, veteran, marital, domestic partner status, or other legally protected status.
Ryan Specialty is committed to a diverse workforce and is an affirmative-action employer. The target salary range for this position is $70k-$80k annually. The wage range for this role considers many factors, such as training, transferable skills, work experience, licensure and certification, business needs, and market demands. The base pay range is subject to change and may be modified in the future. Full-time roles are eligible for bonuses and benefits. For additional information on Ryan Specialty Total Rewards, visit our website benefits.
/. We provide individuals with disabilities reasonable accommodations to participate in the job application or interview process, to perform essential job functions, and to receive other benefits and privileges of employment in accordance with applicable law. Please contact us to request an accommodation at xyz X@ The above is intended to describe this job's general requirements. It is not to be construed as an exhaustive statement of duties, responsibilities, or physical requirements. Nothing in this job description restricts management's right to assign or reassign duties and responsibilities to this job at any time.
Reasonable accommodations may be made to enable individuals with disabilities to perform essential functions.
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