Brokerage Operations Specialist

RT Specialty; Chicago (IL); On-site; USD 29,000 - 36,000; Full time

Job summary

RT Specialty, a division of Ryan Specialty, seeks a Brokerage Operations Coordinator to support the brokerage team with day-to-day operational tasks, ensure regulatory compliance, and facilitate effective communication across departments.

You will work with brokers to prepare documents for market renewal, update client information in systems, maintain accurate records, and assist in risk and compliance reporting while handling inquiries via phone, email, or in person.

Qualifications

• 0+ years of experience in the Insurance industry or Underwriting.
• Bachelor’s degree required; Business Administration, Sales, and Risk Management preferred.
• Prescribed: Minimum requirements for state P&C and/or surplus line licenses

Responsibilities

• Assists in executing and coordinating day-to-day brokerage operations and supports the implementation and improvement of operational procedures.
• Coordinates with the broker to prepare documents, cover letters etc. to market renewal business and provides necessary administrative support in filing, printing, and archiving documents.
• Administers and updates new and current client information in all required systems accurately.
• Maintains accurate and organized records of client accounts, transactions, and other relevant documentation and ensures compliance with record-keeping regulations.
• Performs customer service functions by answering broker requests and questions by telephone, email, chat, or in person.
• Contributes to the preparation of compliance reports related to brokerage operations and collaborates across broker and finance teams on business requirements.
• Adheres to regulatory requirements and internal policies and assists in the preparation of compliance reports.
• Assists in identifying and mitigating operational risks and collaborates with risk management teams to implement controls.
• Supports the Brokerage team with any ad hoc tasks and requests.

Skills

Insurance knowledge

Communication skills

Organization skills

Education

Bachelor's degree

Business Administration

Sales

Risk Management

Job description

RT Specialty, a division of Ryan Specialty, seeks a Brokerage Operations Coordinator to support the brokerage team with day-to-day operational tasks, ensure regulatory compliance, and facilitate effective communication across departments.

You will work with brokers to prepare documents for market renewal, update client information in systems, maintain accurate records, and assist in risk and compliance reporting while handling inquiries via phone, email, or in person.