Hybrid Binding Authority Underwriter: Real Estate

RT Specialty; San Francisco (CA); Hybrid; USD 79,000 - 80,000; Full time

Benefits offered by this job

Hybrid work flexibility

Job summary

RT Specialty, a division of Ryan Specialty, seeks a Binding Authority Underwriter to join our San Francisco team. This role focuses on binding authority within property and real estate and blends analytical underwriting with broker relationship management.

The position offers a hybrid work model from our San Francisco office and opportunities to grow a profitable book of business through renewals and new opportunities. Strong analytical skills and collaboration are essential.

Qualifications

• Bachelor's degree preferred; equivalent experience will be considered.
• 1+ years of commercial insurance underwriting experience.
• Experience as a Renewal Underwriter or similar underwriting role with either another wholesale, carrier or retail brokerage.
• Exposure to property and/or real estate-related risks.
• Understanding of commercial insurance fundamentals, policy forms, coverage analysis, and underwriting principles.
• Strong analytical and decision-making skills.
• Excellent organizational and communication skills.
• Ability to manage multiple priorities in a fast-paced environment.
• Strong relationship-building skills and a customer-focused mindset.

Responsibilities

• Underwrite and price new business, renewals, and endorsements within delegated authority.
• Evaluate submissions and risk exposures to determine appropriate pricing, terms, and coverage solutions.
• Analyze property and real estate-related risks and apply sound underwriting judgment to support profitable outcomes.
• Review classifications, rating information, and premium calculations for accuracy.
• Communicate quote terms, conditions, and underwriting requirements effectively with brokers and agency partners.
• Maintain complete and accurate underwriting documentation within company systems.
• Coordinate policy issuance and endorsement processing in a timely manner.
• Order and review inspections, loss information, and underwriting reports to assess risk quality.
• Develop and maintain productive relationships with brokers, agents, and internal business partners.
• Manage an established renewal portfolio, with opportunities to expand into larger accounts
• Monitor renewal opportunities and identify profitable new business prospects.
• Collaborate with underwriting and cross-functional teams to deliver solutions for complex risks.
• Ensure underwriting decisions comply with company guidelines, regulatory requirements, and authority levels.

Skills

Analytical reasoning

Decision making

Organizational skills

Communication skills

Relationship building

Prioritization

Underwriting knowledge

Renewal underwriting

Education

Bachelor's degree or equivalent experience

Job description

RT Specialty, a division of Ryan Specialty, seeks a Binding Authority Underwriter to join our San Francisco team. This role focuses on binding authority within property and real estate and blends analytical underwriting with broker relationship management.

The position offers a hybrid work model from our San Francisco office and opportunities to grow a profitable book of business through renewals and new opportunities. Strong analytical skills and collaboration are essential.