About this Underwriter, Marine role at Ryan Specialty
Position Summary
The Underwriter supports the underwriting team in the evaluation, processing, and servicing of commercial marine insurance accounts. This role is responsible for assisting with new and renewal business, maintaining underwriting files, preparing documentation, and ensuring data accuracy throughout the underwriting process. The Underwriting Associate works collaboratively with Underwriters, brokers, agents, and internal departments to provide efficient service and support profitable business growth.What will your job entail?
Essential Duties and Responsibilities
- Assist Underwriters with new and renewal account processing.
- Review submission materials for completeness and follow up for outstanding information.
- Prepare quotations, indications, binders, certificates, endorsements, and other underwriting documents.
- Enter and maintain account information within underwriting and policy management systems.
- Coordinate policy issuance and ensure accuracy of coverage documentation.
- Monitor outstanding items and assist in managing underwriting workflows and renewal timelines.
- Respond to broker and agent requests regarding policy status, documentation, and underwriting requirements.
- Maintain accurate electronic files and documentation in accordance with company procedures and compliance requirements.
- Review loss runs, exposure schedules, and other underwriting information for completeness and accuracy.
- Participate in account servicing activities and support relationship management efforts.
- Assist with reporting, bordereaux management, and portfolio tracking as needed.
- Support underwriting initiatives, special projects, and process improvement efforts.
Qualifications
- Bachelor's degree preferred or equivalent insurance industry experience.
- 1 plus years of insurance, underwriting, brokerage, or related experience preferred.
- Strong organizational skills and attention to detail.
- Ability to manage multiple priorities in a fast-paced environment.
- Effective verbal and written communication skills.
- Proficiency in Microsoft Office applications, including Excel, Outlook, and Word.
- Ability to analyze information and exercise sound judgment.
- Demonstrated commitment to delivering high-quality customer service.
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 $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/.
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 [email protected]
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.
