Underwriter - Cyber

Ryan Specialty; New York (NY); On-site; USD 140,000 - 175,000; Full time

Benefits offered by this job

Bonus potential

Comprehensive benefits

Job summary

Ryan Specialty is seeking an experienced Underwriter to join our Financial Lines team in New York. The role focuses on broker and market support, underwriting and policy processing, and cross-functional coordination to deliver accurate quotes, binders, and policies for eRisk products.

Candidates should have a Bachelor's degree and 6+ years of underwriting experience, preferably in Cyber or Tech E&O. Strong analytical abilities, math skills for rating, and proficiency with Word, Excel, email, and

Qualifications

• Bachelor's degree required.
• 6+ years of relevant insurance or underwriting experience, preferably Cyber or Tech E&O.

Responsibilities

• Broker and Market Support: market Ryan Specialty’s eRisk products with brokers and support underwriting goals.
• Underwriting and Policy Processing: ensure quotes, new business, renewals, endorsements, and cancellations are accurately rated, booked, invoiced, and issued.
• Communication and Coordination: liaise with brokers, producers, Accounting, and Marketing to resolve policy questions.
• Systems, Quality, and Documentation: print/upload documents, assist with quality reviews, and test system releases.
• Additional Duties: support product development and other tasks as assigned.

Skills

Analytical skills

Attention to detail

MS Word

MS Excel

Email proficiency

Written communication

Verbal communication

Mathematics for rating

Education

Bachelor's degree

Tools

MS Word

MS Excel

Email

Web-based systems

Job description

Position Summary

Ryan Financial Lines is a global platform of more than 70 teammates, including a deep bench of product experts and underwriters who work collaboratively to provide a robust and localized underwriting and claims operation for the financial lines market.

What will your job entail?

Key Responsibilities

Broker and Market Support

• Work with assigned brokers to market Ryan Specialty’s eRisk insurance products.
• Support underwriting goals, including production, profitability, and financial targets.
• Communicate broker feedback, market concerns, and new opportunities to leadership.

Underwriting and Policy Processing

• Ensure all policy transactions - quotes, new business, renewals, endorsements, and cancellations - are rated, booked, invoiced, and issued accurately within service standards.
• Generate quote letters and binder letters for Cyber, Tech E&O, and related eRisk products.
• Prepare and issue policies for the eRisk department.
• Manage in--force accounts and provide ongoing policy servicing.

Communication and Coordination

• Communicate with brokers, producers, Accounting, and Marketing to answer policy questions and resolve issues.
• Obtain missing information needed to complete transactions.
• Contribute to excellent service by responding promptly to inquiries about policy status or underwriting needs.

Systems, Quality, and Documentation

• Electronically print and upload documents into the imaging system, following labeling protocols.
• Assist with the quality review of underwriting processes, procedures, and transactions.
• Work with system support teams to test system releases and verify functionality in production environments.
• Continuously develop knowledge and skills related to underwriting and eRisk products.

Additional Duties

• Support product development and enhancement efforts.
• Complete other tasks as assigned.

Requirements

Experience and Education

• Bachelor's degree required.
• Minimum 6+ years of relevant insurance or underwriting experience , preferably with Cyber or Tech E&O products.

Technical Skills

• Knowledge of cyber insurance and technology E&O products.
• Strong analytical abilities and high attention to detail.
• Proficiency in Microsoft Word, Excel, email, and web-based systems.
• Strong written and verbal communication skills.
• Strong math skills for rating and analysis.

Professional Skills

• Self-directed and highly organized.
• Ability to work efficiently in a fast-paced environment.
• Ability to follow departmental guidelines, authority levels, and risk management controls.

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 $140,000.00 - $175,000.00 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.