Connector Underwriting Associate

Ryan Specialty; Chicago (IL); On-site; USD 64,000 - 80,000; Full time

Job summary

Ryan Specialty is seeking an RT Connector Underwriting Associate in Chicago to support binding operations for E&S small commercial business. You will oversee the binding process, ensure accuracy, and help issue policies with quick turnaround.

You will evaluate renewals, endorsements, and new business according to guidelines, while maintaining thorough records and client communication. The role emphasizes collaboration with the Connector team, mentoring colleagues, and ensuring regulatory

Qualifications

• Minimum of 5–7 years in Insurance Industry or Binding Underwriting.
• Bachelor's degree in Risk Management and Insurance, Business Administration, or related discipline.
• Active designation from Risk & Insurance Education Alliance or The Institutes preferred.

Responsibilities

• Assist binding insurance policies, ensuring accuracy and compliance with underwriting guidelines.
• Review and process policy endorsements, including changes to coverage or terms.
• Manage renewals, new business and endorsements within authority levels.
• Rate, document and issue accurate, compliant policies; maintain records of all bindings.
• Communicate with clients to collect information and explain policy terms.
• Collaborate with teammates and product managers to understand Connector processes.

Skills

Binding Underwriting

Policy Endorsements

Client Communication

Mentoring / Training

Renewals Evaluation

Regulatory Compliance

Education

Bachelor's degree

Risk Management & Insurance

Tools

ConceptOne

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 RT Connector allows retail insurance agents to efficiently access multiple lines of coverage from multiple carriers for their E&S small commercial business. Through one single, streamlined application, RT Connector offers bindable quotes from multiple carriers and will issue policies with the click of a button.

The Connector Underwriting Associate is a pivotal role within the RT Connector support team environment, focusing on the efficient and quality-driven management of binding operations. This individual is responsible for overseeing the binding process, ensuring that all printed materials are finished to the highest standards and meet customer specifications.

What will your job entail? Assists the process of binding insurance policies, ensuring accuracy and compliance with binding underwriting guidelines and regulatory requirements. Employ expertise to execute complex tasks ensuring maximum efficiency and effectiveness. Act as a training resource, mentoring and guiding team members to foster skill development and optimize performance. Evaluates renewals, new business and endorsements according to guidelines outlined in the business requirements documents and within their authority level. Manages underwriting applications with the information necessary to rate, document and issue accurate and compliant policies. Reviews and processes policy endorsements, including changes to coverage, limits, or policy terms, ensuring accuracy and timely implementation and tracks cancellation notifications, non-renewal, and renewal solicitation notifications. Review inspection reports to assess risk quality and to confirm exposure base accuracy. Maintains comprehensive and organized records of all binding transactions and related documentation, including policy details, endorsements, and client information. Communicates with clients to collect required information, explains policy terms and conditions, and addresses any questions or concerns related to the binding process. Executes the work assigned by the Connector activity workgroup in the standard service timeline. Collaborate with other underwriting team members, Support, and Product Managers to gain a comprehensive understanding of the Connector processes and workflows. Provides feedback to internal team members regarding trends and efficiency opportunities. Assists the Connector team with any ad hoc tasks and special requests as needed.

Work Experience:

Minimum of 5-7 years of work experience in Insurance Industry or Binding Underwriting. Preferred experience in Excess & Surplus Lines Preferred experience as an Underwriter Associate Preferred experience in ConceptOne

Education:

Bachelor's degree required; Risk Management and Insurance Business Administration, Business Operations and Sales preferred. Any other related discipline or commensurate work experience considered.

Licenses & Certifications:

Preferred: Active designation from Risk & Insurance Education Alliance or The Institutes ***_Applicants must be authorized to work for any employer in the U.S. We are unable to sponsor or take over sponsorship of an employment visa at this time_**

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 $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. 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 [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.

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 the Agency. Agency fee agreements will only be valid if provided in such fully executed contract between the Agency 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.