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Ryan Specialty

Production Underwriter

Ryan Specialty, Chicago, Illinois, United States, 60290

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Production Underwriter

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Ryan Specialty

Position Summary The Production Underwriter for RT Connector is responsible for building and maintaining a book of business by proactively engaging with retail agents, assessing and analyzing insurance risks, determining coverage terms, and building relationships with internal and external stakeholders. The role is focused on the Property & Casualty sector and emphasizes driving revenue for RT Connector through sound underwriting practices and sales efforts.

Responsibilities Production & Client Engagement

Develop and maintain strong relationships with retail agents to drive submission flow and bind rates in the Connector, through proactive outreach and solution selling.

Provide responsive, knowledgeable support to agents throughout the quoting and binding process.

Utilize the Connector to quote, bind, and issue policies efficiently through a submission inbox.

Engage with non-active registered users of RT Connector to elicit feedback, conduct meetings, appetite education and Connector demos to promote our platform and drive adoption.

Improve revenue retention by engaging with retail agents on specific renewal quotes to provide advice, support and direction.

Establish and monitor the production pipeline of new & renewal business.

Identify and pursue new market opportunities and underserved segments.

Collaborate with the Business Development team to help improve KPIs and Connector adoption among registered users.

Coordinate with the RT Binding teams to refer accounts and relationships back and forth between the digital and traditional placement streams.

Underwriting & Risk Assessment

Assess and price renewals, new business, and endorsements according to Connector guidelines and/or carrier underwriting manual and within their authority level.

Select and/or verify class code and premium base and rating exposure.

Determine appropriate credits and/or debits to obtain a fair and sustained premium for risk.

Determine coverage forms and necessary endorsements.

Effectively communicate quote conditions to the client.

Maintain strong communication with internal teams and provide feedback to the product and tech teams to enhance platform functionality and user experience.

Provide accurate documentation in the file and/or in electronic notes of underwriting thought process.

Ensure timely and accurate preparation for issuance of policies.

Order/review inspection reports to assess risk quality and confirm exposure base accuracy.

Integrate information from internal and external resources into underwriting decision making.

Drive a multi-disciplinary approach to understanding insureds’ risks and collaborate with other underwriters and team members for comprehensive coverage decisions.

Work Experience and Education

Bachelor’s degree required, Master’s degree preferred; Business Administration, Risk Management preferred. Any other related discipline or commensurate work experience considered.

Minimum of 5 years of experience in P&C Binding Authority and Insurance Underwriting with a Bachelor’s degree, or 3 years of experience and a Master’s degree.

Licenses & Certifications

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

Preferred: Certified Insurance Counselor (CIC), Chartered Property Casualty Underwriter (CPCU).

Technical Skills

Risk Evaluation

Guidance Adherence

Collaboration

Documentation

Marketing

Portfolio Management

Policy language

Data Analysis

Communication

Behavioral Skills

Project Management

Group Presentations

Time Management

Event Marketing

The target salary range for this position is $96,000.00 - $120,000.00 annually. The wage range considers factors such as training, transferable skills, work experience, licensure and certification, business needs, and market demands. It is subject to change and may be modified in the future. Full-time roles are eligible for bonuses and benefits.

Benefits Ryan Specialty seeks to offer employees a comprehensive and best-in-class benefits package that helps them — and their family members — achieve their physical, financial, and emotional well-being goals. In addition to paid time off for company holidays, vacation, sick and personal days, Ryan offers paid parental leave, mental health services and more. For additional information on Ryan Specialty Total Rewards, visit our website https://benefits.ryansg.com/.

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 HR@ryansg.com.

Ryan Specialty is an Equal Opportunity Employer. We are committed to building and sustaining a diverse workforce throughout the organization. Our vision is an inclusive and equitable workplace where all employees are valued for and evaluated on their performance and contributions. Differences in race, creed, color, religious beliefs, physical or mental capabilities, gender identity or expression, sexual orientation, and many other characteristics bring together varied perspectives and add value to the service we provide our clients, trading partners, and communities. This policy extends to all aspects of our employment practices, including but not limited to, recruiting, hiring, discipline, firing, promotion, transfer, compensation, benefits, training, leaves of absence, and other terms, conditions, and benefits of employment.

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