Policy Processing Specialist — Insurance Transactions

Ryan Specialty, LLC; Maryland; Hybrid; USD 28,000 - 33,000; Full time

Benefits offered by this job

Paid time off

Bonuses

Benefits package

Disability accommodations

Job summary

Ryan Specialty, LLC is seeking a Policy Processing Representative to efficiently process policy-related transactions, ensuring accuracy and compliance. The role reviews applications, endorsements and cancellations, inputs data into systems, and issues policy documents to clients.

The candidate will support underwriting tasks, assess risk factors, and calculate premiums while collaborating with underwriters, brokers, and management in a fast-paced environment.

Qualifications

• BA/BS degree preferred. Business and/or a technology related degree a plus.
• A minimum of 1 year of experience in an office environment, insurance experience and experience with core business systems and applications preferred.
• Intermediate to advanced MS Office Excel and Word skills required.
• SQL knowledge a plus.
• Excellent verbal and written communication skills.
• Attention to detail, accuracy, and data integrity.
• Strong organizational and time management skills.
• Ability to maintain standards of quality and quantity of output as established by management.
• Desire and drive to foster teamwork in a collaborative environment.
• Ability to work well within a team and to continually learn in a fast paced and constantly changing environment.

Responsibilities

• Accurately clear new business submissions in a timely manner with an attention to detail.
• Populate underwriting applications with the information necessary to rate, document and issue accurate and compliant policies.
• Bind and issue new and renewal commercial insurance policies.
• Process endorsements, cancellations and reinstatements.
• Process notices of cancellation, non-renewal notices and renewal solicitation notices.
• Troubleshoot booking and accounting issues or discrepancies.
• Communicate effectively with management, underwriters and brokers to secure the information necessary to accurately process the business.
• Provide timely and efficient service to all internal and external customers, including underwriters and brokers.
• Create and distribute routine and ad-hoc reports as assigned.
• Participate in or handle special projects, as needed.
• Collaborates with resources across the organization to pursue continual process optimization and innovation.

Skills

Attention to detail

Communication skills

Excel

Word

SQL knowledge

Education

BA/BS degree preferred

Tools

SQL

Job description

Ryan Specialty, LLC is seeking a Policy Processing Representative to efficiently process policy-related transactions, ensuring accuracy and compliance. The role reviews applications, endorsements and cancellations, inputs data into systems, and issues policy documents to clients.

The candidate will support underwriting tasks, assess risk factors, and calculate premiums while collaborating with underwriters, brokers, and management in a fast-paced environment.