Senior Property Underwriter — CAT Risk & Broker Growth

Ryan Specialty, LLC; Chicago (IL); On-site; USD 86,000 - 100,000; Full time

Job summary

Velocity Risk Underwriters, part of Ryan Specialty, seeks an experienced Underwriter II to join our growing team. You will evaluate, price, and manage new and renewal property business within delegated authority while maintaining a profitable portfolio.

Strong broker relationships, analytical skills, and collaboration with underwriting, brokerage, operations, claims, and carrier partners will drive success in this role. Join a high‑performing team with competitive compensation and benefits.

Qualifications

• Bachelor’s degree in Risk Management, Business, Finance, Insurance, or related field.
• 5+ years of commercial property underwriting experience.
• Strong knowledge of property underwriting principles, policy structures, pricing methodologies.
• Experience evaluating complex commercial property risks.
• Strong analytical, negotiation, and decision‑making skills.
• Excellent communication and relationship management abilities.
• Proficiency with underwriting systems, Microsoft Office, and data‑driven decision making.

Responsibilities

• Underwrite and manage a portfolio of new and renewal property business.
• Evaluate submissions, loss history, CAT modeling results, risk characteristics, and exposure data to make sound underwriting decisions.
• Assess risk acceptability, coverage requirements, pricing adequacy, and policy structures.
• Negotiate terms, conditions, deductibles, and pricing with brokers to achieve profitable growth objectives.
• Develop and maintain strong relationships with wholesale and retail broker partners.
• Drive new business production while maximizing retention within your assigned portfolio.
• Collaborate with underwriting, brokerage, operations, claims, and carrier partners to deliver exceptional service.
• Ensure underwriting decisions comply with company guidelines, carrier requirements, and regulatory standards.
• Monitor portfolio performance and market trends to identify opportunities and emerging risks.
• Assist in achieving production, profitability, and retention goals established by leadership.

Skills

Property underwriting

Analytical skills

Negotiation

Communication

Data-driven decisions

Education

Bachelor’s degree in related field

Tools

Underwriting software

Microsoft Office

CAT modeling tools

Job description

Velocity Risk Underwriters, part of Ryan Specialty, seeks an experienced Underwriter II to join our growing team. You will evaluate, price, and manage new and renewal property business within delegated authority while maintaining a profitable portfolio.

Strong broker relationships, analytical skills, and collaboration with underwriting, brokerage, operations, claims, and carrier partners will drive success in this role. Join a high‑performing team with competitive compensation and benefits.