Associate Underwriter

Ryan Specialty; Dallas (TX); On-site; USD 59,000 - 74,000; Full time

Job summary

An established industry player is seeking an Associate Underwriter to support the underwriting team in evaluating applications and assessing risks. This role involves analyzing data, ensuring compliance with guidelines, and collaborating with various departments to enhance the decision-making process. The ideal candidate will possess strong analytical skills and a passion for the insurance sector. With a commitment to diversity and inclusion, this innovative firm offers comprehensive benefits and a competitive salary range, making it an excellent opportunity for those looking to advance their careers in underwriting.

Benefits

Paid time off

Parental leave

Mental health services

Comprehensive benefits

Qualifications

• 1+ year related experience or in a similar role.
• Strong analytical, problem-solving, and technical underwriting skills.

Responsibilities

• Analyze risks and prepare reports for management.
• Coordinate quoting, binding, and issuance processes.
• Develop relationships with underwriters and brokers.

Skills

Underwriting Principles

Insurance Regulations

Data Analysis

Risk Evaluation

Collaboration

Documentation

Portfolio Management

Policy Language

Marketing

Education

Bachelor’s degree

Business Administration

Risk Management

Job description

Join to apply for the Associate Underwriter role at Ryan Specialty.

Position Summary

The Underwriting Associate is responsible for supporting the underwriter in the decision-making process by assessing and analyzing underwriting applications and forms. The role reviews applicant information, evaluates risk factors, and ensures compliance with underwriting guidelines. They collaborate with various departments to gather necessary information, conduct data analysis, and contribute to the overall risk assessment process.

Job Responsibilities

• Perform duties in accordance with departmental guidelines.
• Analyze risks and prepare reports for management.
• Review submission information with the underwriter, including account analysis.
• Coordinate quoting, binding, and issuance processes.
• Research and apply appropriate rates, coverages, and policy forms.
• Issue notices of cancellation, nonrenewal, or reinstatement.
• Develop relationships with underwriters, producers, brokers, and reinsurers.
• Maintain accurate documentation per company guidelines.
• Develop and maintain agency/broker relationships for complex, high-risk business.
• Handle special underwriting projects and other duties as assigned.

Work Experience and Education

• Bachelor’s degree required; Business Administration or Risk Management preferred.
• 1+ year related experience or in a similar role.
• Strong analytical, problem-solving, and technical underwriting skills.

Licenses & Certifications

• State P&C and/or surplus line licenses.
• Preferred: AIS certification.

Skills

• Underwriting Principles, Insurance Regulations, Data Analysis, Risk Evaluation, Collaboration, Documentation, Portfolio Management, Policy Language, Marketing.

Behavioral Skills

• Problem Solving, Interpersonal Skills, Negotiation, Presentation, Relationship Building, Project & Time Management.

Ryan Specialty is an Equal Opportunity Employer committed to diversity and inclusion. We support our teammates with comprehensive benefits, including paid time off, parental leave, mental health services, and more. The target salary range is $59,200 - $74,000 annually, with potential bonuses and benefits. For more details, visit our website.