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Ryan Specialty
Senior Underwriter - CyberRyan Specialty • Chicago, IL, United States
Senior Underwriter - Cyber

Senior Underwriter - Cyber

Ryan Specialty • Chicago, IL, United States
30+ days ago
Job type
  • Full-time
Job description

Job Title

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.

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 transactionsquotes, new business, renewals, endorsements, and cancellationsare 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.

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Senior Underwriter - Cyber • Chicago, IL, United States

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