Account Executive

Ryan Specialty, LLC; California; Hybrid; USD 64,000 - 80,000; Full time

Benefits offered by this job

Paid time off

Parental leave

Mental health services

Job summary

Ryan Specialty, LLC is seeking an Account Executive in California to assist the Broker team in executing trades, managing accounts, and ensuring regulatory compliance. You will help with new business and renewals, review policy documents, and support client services and invoices.

The role emphasizes building broker relationships, developing market submissions, and delivering data-driven insights to improve portfolio performance. A bachelor’s degree and insurance experience are required.

Qualifications

• Minimum 2 years of insurance industry experience.
• Bachelor’s degree required.

Responsibilities

• Prepare accounts for new business and renewal processes as directed by the broker, initiating renewal reviews to help deliver optimal client coverage and support client retention strategies.
• Support the broker in developing market submissions and quote cover letters for agents, while reviewing received documents for accuracy and completeness.
• Build strong relationships with brokers and maintain an understanding of brokerage operations to proactively support business objectives.
• Collaborate with brokers to drive renewal opportunities and support new business efforts through client referrals.
• Assist in developing new business strategies with brokers, including proposals and presentations for prospective client opportunities.
• Evaluate and mitigate risks associated with accounts while ensuring compliance with industry regulations and internal policies.

Education

Bachelor’s degree

Job description

RT Specialty, a division of Ryan Specialty, is a leading wholesale distributor of specialty insurance products and services. Our experienced brokers are specialized in property, casualty, professional lines, transportation and workers’ compensation, providing creative solutions to retail brokerage firms. We define ourselves through our superior execution on behalf of our clients, which has established us as a leader in the industry.

Position Summary Job Description Summary

The Account Executive is responsible for assisting the Broker team in executing trades, managing accounts, and navigating regulatory compliance. The role collaborates with internal teams, stays informed on market trends, and offers strategic insights about clients. They are also responsible for assisting in new business and renewal submissions, reviewing policy documents and invoices and other client service activities.

What will your job entail?

• Prepare accounts for new business and renewal processes as directed by the broker, initiating renewal reviews to help deliver optimal client coverage and support client retention strategies.
• Support the broker in developing market submissions and quote cover letters for agents, while reviewing received documents for accuracy and completeness.
• Build strong relationships with brokers and maintain an understanding of brokerage operations to proactively support business objectives.
• Collaborate with brokers to drive renewal opportunities and support new business efforts through client referrals.
• Assist in developing new business strategies with brokers, including proposals and presentations for prospective client opportunities.
• Evaluate and mitigate risks associated with accounts while ensuring compliance with industry regulations and internal policies.
• Maintain accurate data within internal systems, create thorough documentation, and perform responsibilities in accordance with established guidelines, quality standards, and service expectations.
• Generate reports on performance and key metrics, leveraging data and insights to identify portfolio trends and provide value-enhancing recommendations for the book of business.
• Partner with internal teams to ensure contractual obligations are met, resolve invoicing issues with Premium Accounting, and communicate cancellation notices as needed.

Work Experience

Minimum of 2 years of insurance industry experience combined with a Bachelor’s degree.

Education

Bachelor’s degree required. Preferred areas of study include Business Administration, Sales, Risk Management, or a related discipline. Equivalent professional experience will also be considered.

Licenses & Certifications

Required State Property & Casualty (P&C) and/or Surplus Lines License(s), as required by state regulations. Preferred Certified Insurance Service Representative (CISR) Commercial Insurance License (CIL)

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.

Benefits

• 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 $64,000.00 - $80,000.00 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.
• 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 [e-mail].

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.

A multi-time winner of Newsweek’s Most Loved Workplaces and Insurance Business’s Top Insurance Employers, Ryan Specialty is home to some of the brightest talent in the insurance industry. Join our team and help provide innovative solutions for insurance brokers, agents and carriers.

Not seeing the right job opening? To learn more about future opportunities. Introduce yourself and join our talent network. Benefits Curious about Ryan Specialty’s benefits? Explore our employee benefits here! Ryan Specialty, LLC and its affiliates (“Ryan Specialty”) do not accept unsolicited resumes or candidate profiles submitted by any staffing agencies, placement services or professional recruiters (“Agencies”), including any submissions made through our website or to email accounts of Ryan Specialty employees. Agencies must be registered in Ryan Specialty’s agency portal and have a fully executed contract for service between Ryan Specialty and the Agency. Agency fee agreements will only be valid if provided in such fully executed contract between Ryan Specialty and the Agency. Any unsolicited resume or candidate profile received from an Agency without prior approval from Ryan Specialty’s HR department and in compliance with Ryan Specialty’s candidate submission process shall be considered unsolicited, gratuitous and property of Ryan Specialty for recruiting purposes and, as such, is not subject to payment of any Agency fees.