Underwriting Operations Specialist

Ryan Specialty, LLC

Roseville (CA)

On-site

USD 30,000 - 39,000

Full time

5 days ago
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Job summary

RT Specialty, a division of Ryan Specialty, is seeking an Underwriting Coordinator to support underwriters with quoting, rating and issuance of new business, renewals and endorsements. You will liaise with underwriters and the operations team to complete coding and issuance of Ryan Specialty business, and respond to brokers with requests for information.

Ideal candidates have a BA/BS in Business or Risk Management, 6 months to 1 year of related experience, and strong communication skills.

Qualifications

  • BA/BS degree in Business or Risk Management.
  • 6 Months to 1 year of experience in related field or similar role.
  • Extensive knowledge of insurance and policy issuance systems.
  • Excellent written and oral communication skills.

Responsibilities

  • Support all steps of the underwriting process with the underwriting operations function.
  • Liaise with Underwriters and Operations to confirm quotes, policy issuance instructions for policies, endorsements, forms, notices, etc. and effectively complete coding/issuance of Ryan Specialty business.
  • Follow up for additional information from brokers.
  • Identify proper forms and endorsements issued to quote submissions and policy issuance in tandem with Underwriters.
  • Run reports for management or as directed by Underwriters including exposure data, loss runs, broker submissions, declinations, and other ad hoc requests.
  • Assist underwriters with new business initiatives and customer events.
  • Track premium due and assist underwriters in calculating premium amounts, resolving premium discrepancies, and issuing invoices.
  • Ensure all parts of the Underwriting workflow are completed both accurately and on time.
  • Participating in peer review and quality control for team(s) as needed
  • Working on special projects as needed

Skills

Results Driven
Insurance Regulation
Critical Thinking
Quoting
Negotiation
Business Development
Time Management
Multi-Task
Decision Making
Communication

Education

BA/BS degree in Business or Risk Management
6 Months to 1 year of related experience
Extensive knowledge of insurance and policy issuance systems
Excellent written and oral communication skills

Job description

RT Specialty, a division of Ryan Specialty, is seeking an Underwriting Coordinator to support underwriters with quoting, rating and issuance of new business, renewals and endorsements. You will liaise with underwriters and the operations team to complete coding and issuance of Ryan Specialty business, and respond to brokers with requests for information.

Ideal candidates have a BA/BS in Business or Risk Management, 6 months to 1 year of related experience, and strong communication skills.

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