Director, Product & Underwriting

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Position Summary
RT Connector, a division of Ryan Specialty, is seeking a Product Manager (Insurance) to join our Chicago, IL office. We are a fast-paced, energetic, and rapidly growing organization offering an excellent opportunity for individuals looking to advance their careers.

Position Summary
RT Connector, a division of Ryan Specialty, is seeking a Product Manager (Insurance) to join our Chicago, IL office. We are a fast-paced, energetic, and rapidly growing organization offering an excellent opportunity for individuals looking to advance their careers.
This role is pivotal in positioning RT Connector as the premier solution for digitalized insurance capacity in the U.S. wholesale market. The Director of Products & Underwriting will play a multifaceted role, with a strong emphasis on building and cultivating insurance capacity on the Connector platform. Key responsibilities include product delivery, client and carrier stewardship, strategic planning, and the execution of various platform solutions.
What will your job entail?
Essential Functions
Insurance Product Development

• Integral to driving insurance product strategy and direction for RT Connector.
• Identifies target capacity specifications for each line of business (class codes, geographies, products, coverages, etc.) using carrier underwriting guidelines and appetite
• Participates in the entire insurance product delivery lifecycle, including formulation and development of carrier-specific underwriting business requirements, product testing, and final release of the product.
• Serves as the product line expert to the Connector team and management.
  

Carrier Management

• Oversees underwriting guideline changes for incumbent markets
• Provides underwriting governance and oversight.
• Monitors the effectiveness of existing products and looks for opportunities to further refine, streamline, and improve.
• Engages with the Compliance Department to ensure ongoing compliance.
• Maintains strong communication with internal teams (PMO, marketing, compliance, actuarial, etc.) and vendors.
• Responsible for monitoring the performance of assigned lines of business, especially profitability, exposure profile of the book, and top-line growth (including other carrier and Connector Key Performance Indicators (KPIs)).
• Establishes and cultivates carrier relationships; maintains strong communication with carriers.
• Participates in audits and/or underwriting meetings as required.
  

Distribution & Market Intelligence

• Works with our marketing team to develop tools to drive adoption of RT Connector and assist in the training of sales and other field personnel.
• Delivers marketing material, including writing white papers, data sheets, and presentations.
• Stays current on the small commercial insurance segment and carrier marketplace; identifies and assesses market trends to adjust strategy and bring innovative ideas to The Connector.
• Identifies market segments and provides recommendations for product strategies related to the development of new products within the marketplace.
• Produces thorough competitor and market analyses.
  

Education/Experience/Skills

• Experience in broking and/or underwriting E&S commercial insurance (minimum 10 years combined).
• Experience with digital distribution of commercial insurance.
• Ability to think critically and objectively about the commercial considerations associated with developing and launching insurance products on The Connector.
• Ability to analyze data using excel, including pivot tables, and put together presentations using PPT.
• Excellent written, verbal, and presentation communication skills. Must be able to read, interpret, and write complex information, talk with external stakeholders, and listen attentively.
• Ability to cultivate interpersonal customer and co-worker relationships – equally adept at interacting with development engineers as with business organizations.
• Experience handling multiple deliverables and moving adeptly between internal and external issues and interactions.
• Willingness to take on new responsibilities and work in a dynamic, fast-moving small company environment.
• Bachelor’s degree from a four-year college or university; ACSR, CPCU, or similar designation preferred.
• Pursues continuing education opportunities and attends industry conferences.
  

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, promoting, transferring, compensation, benefits, training, leaves of absence, and other terms, conditions, and benefits of employment.
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 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.
The target salary range for this position is $120,000.00 - $150,000.00 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 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 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
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.

Seniority level

• Seniority level

  Director

Employment type

• Employment type

  Full-time

Job function

• Job function

  Product Management and Marketing

• Industries

  Insurance

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