Property Underwriter

Ryan Specialty, LLC; New York (NY); Hybrid; USD 88,000 - 110,000; Full time

Job summary

Ryan Specialty, LLC in New York is seeking an experienced Property Underwriter to join our Middle Market Property team. This role combines underwriting expertise, business development, and relationship management to grow profitable volumes in the New York market.

You will underwrite and manage new business and renewals, build broker relationships, negotiate terms, and stay ahead of market trends in a fast-paced, team-oriented culture.

Qualifications

• 5+ years of commercial Property underwriting experience.
• Experience underwriting Middle Market Property risks.
• Strong technical underwriting, risk assessment, and pricing capabilities.
• Proven ability to manage both new business and renewal accounts.
• Experience building and maintaining broker relationships.
• Strong negotiation, communication, and relationship management skills.
• Ability to manage multiple priorities in a high-volume underwriting environment.
• Understanding of commercial property insurance products, coverage forms, and underwriting principles.

Responsibilities

• Underwrite and manage Middle Market Property accounts, including new business and renewals.
• Evaluate risks, determine coverage terms, pricing, and underwriting strategy.
• Build and maintain broker relationships to drive growth.
• Manage a high-volume underwriting workload in a fast-paced environment.
• Review submissions and make sound underwriting decisions within authority.
• Prepare quotes while maintaining profitability.
• Collaborate with peers and leadership for service excellence.
• Stay informed on market conditions and underwriting trends.

Skills

Underwriting

Broker relationships

Negotiation

Communication

Multi-tasking

Education

Bachelor’s degree in Business, Risk Management, Insurance, Finance, or related field

CPCU/CIC or similar designation

Job description

Position Summary

We are seeking an experienced Property Underwriter to join our growing Middle Market Property team. This is an excellent opportunity for a highly motivated underwriter who thrives in a fast-paced, transactional environment and enjoys building strong broker relationships while driving profitable growth. This role offers a combination of underwriting expertise, business development, and relationship management. The successful candidate will manage both new business and renewal opportunities, collaborate closely with brokers, and play a key role in expanding our Middle Market Property portfolio throughout the region. You'll be joining a collaborative team environment where underwriters support one another, share expertise, and work together to achieve results. Team culture is built on strong relationships, communication, and a shared commitment to success. This position is ideal for an underwriter who enjoys true underwriting, thrives on broker interaction, and wants to be part of a team-oriented culture focused on profitable growth.

Location: Hybrid out of either the Melville, NY or New York City office.

What will your job entail?

• Underwrite and manage Middle Market Property accounts, including both new business and renewals.
• Evaluate risks, determine coverage terms, pricing, and underwriting strategy in alignment with company guidelines.
• Build and maintain strong relationships with brokers and agents to drive profitable growth and expand market presence.
• Manage a high-volume underwriting workload in a fast-moving, transactional environment.
• Review submissions, analyze exposures, and make sound underwriting decisions within delegated authority.
• Prepare and deliver competitive quotes while maintaining underwriting profitability.
• Negotiate terms, conditions, and pricing with brokers to secure quality business.
• Identify opportunities to grow existing broker relationships and increase market share.
• Participate in marketing activities including broker visits, industry events, lunches, dinners, and networking opportunities.
• Collaborate with underwriting peers and leadership to ensure outstanding service and responsiveness.
• Stay informed on market conditions, emerging risks, underwriting trends, and competitive factors that impact business decisions.

What Success Looks Like

Consistently producing and managing profitable business.

Effectively handling a high volume of submissions and quotations.

Building strong broker relationships that generate repeat business.

Contributing to new business growth and retention objectives.

Becoming a trusted underwriting resource and team collaborator.

Delivering responsive service while maintaining underwriting discipline.

Training & Development

New hires receive dedicated onboarding and underwriting training led by the management team, including opportunities to shadow experienced underwriters and gain exposure to team best practices, workflows, and systems.

Required Qualifications

• 5+ years of commercial Property underwriting experience.
• Experience underwriting Middle Market Property risks.
• Strong technical underwriting, risk assessment, and pricing capabilities.
• Proven ability to manage both new business and renewal accounts.
• Experience building and maintaining broker relationships.
• Strong negotiation, communication, and relationship management skills.
• Ability to manage multiple priorities in a high-volume underwriting environment.
• Understanding of commercial property insurance products, coverage forms, and underwriting principles.

Preferred Qualifications

• Bachelor's degree in Business, Risk Management, Insurance, Finance, or a related field.
• Professional insurance designations such as CPCU, CIC, or similar.
• Established broker relationships within the New York marketplace.
• Experience working in a production-focused underwriting role.

Why Join Us?

Opportunity to join a growing Middle Market Property platform.

Highly visible role with significant broker interaction and market presence.

Collaborative team culture where colleagues support one another's success.

Strong balance of underwriting authority, relationship management, and business development responsibilities.

Exposure to a steady flow of new business opportunities and an active marketplace.

Equal Opportunity Employer & Diversity Statement

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.

Salary & Benefits

The target salary range for this position is $88,000.00 - $110,000.00 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/.

Accommodation Information

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].

Disclaimer

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.