Binding Authority Associate Underwriter

Ryan Specialty • Austin, TX

4d • $60,000 - $75,000

About The Position

The Underwriting Associate supports the underwriter’s decision-making process by assessing and analyzing underwriting applications and forms. The role reviews applicant information, evaluates risk factors, and ensures compliance with underwriting guidelines. It collaborates with various departments to gather information, conduct data analysis, and contribute to overall risk assessment. The position also supports the quoting, binding, and issuance process and helps manage complex, high-risk business.

Requirements

• Bachelor’s degree required; any other related discipline or commensurate work experience will be considered.
• At least 1 year of related experience or experience in a similar role.
• Advanced analytical and problem-solving skills, with the ability to manage and prioritize multiple projects.
• Advanced technical expertise, underwriting skill, and a high level of knowledge of insurance and underwriting principles, practices, and procedures.
• Minimum requirements for state Property & Casualty and/or surplus line licenses.

Nice To Haves

• Bachelor’s degree in Business Administration or Risk Management.
• Associate in Insurance Services (AIS) certification.

Responsibilities

• Perform a combination of duties in accordance with departmental guidelines.
• Analyze the quality, quantity, and profitability of highly complex risks underwritten, and prepare and present reports to management.
• Review submission information with the underwriter, including analysis of account information.
• Coordinate the quoting, binding, and issuance process.
• Research and apply appropriate rates, coverages, and policy forms.
• Issue notices of cancellation, nonrenewal notices, or reinstatements.
• Develop and maintain relationships with underwriters, producers, brokers, and reinsurers.
• Maintain accurate file documentation in accordance with company guidelines.
• Develop and maintain agency and/or broker relationships with large producers within the assigned territory to reach positive and profitable outcomes on complex, high-risk business.
• Complete special underwriting projects and other duties as assigned.

Benefits

• Paid time off for company holidays, vacation, sick, and personal days.
• Paid parental leave.
• Mental health services.
• Bonuses and benefits for full-time roles.
• Comprehensive benefits package intended to support employees’ and family members’ physical, financial, and emotional well-being.

What This Job Offers

• Job Type: Full-time
• Career Level: Entry Level