Property and Casualty Underwriting Director

Ryan Specialty Group • Rock Hill, NY

43d • $128,370 - $128,370

About The Position

The Property and Casualty Underwriting Director is responsible for directing the property and casualty underwriting strategy, policies, and processes to deliver profitable growth. The role oversees all aspects of underwriting, business development and retention and leads the development of innovative insurance products. They foster innovation, build key relationships, and collaborate with executives to ensure underwriting business is aligned with Ryan Specialty's strategic and financial goals.

Requirements

• Bachelor's degree or Master's in Risk Management, Actuarial or Business Administration required. Any other related discipline or commensurate work experience considered.
• 12+ years of experience in Property and Casualty insurance underwriting.
• 5+ years of management experience.
• State P&C and/or surplus line license is required.

Nice To Haves

• Chartered Property Casualty Underwriter (CPCU) or Associate in Risk Management (ARM) a plus.

Responsibilities

• Directs and oversees the comprehensive underwriting process for both new and renewed property and casualty accounts to achieve and exceed profitability targets.
• Partners with executives and business heads to craft a compelling underwriting strategy, outlines ambitious revenue targets and market expansion plans.
• Translates the strategic vision of the executives into actionable long-term and short-term plans for the underwriting business, ensuring teams and functions are aligned across the organization.
• Leads the development of innovative property and casualty products within the underwriting portfolio, leveraging market insights, customer needs, and emerging industry trends.
• Reviews and authorizes innovative underwriting solutions and structures and recommends changes as needed to deliver business goals.
• Supervises strategic initiatives and ensures data driven decision making, operational excellence and improved client retention in alignment with Ryan Specialty's vision and objectives.
• Identifies areas for growth and cross-selling, fosters an innovative culture and drives the team to develop new underwriting practices, guidelines, and processes for increased effectiveness.
• Oversees comprehensive risk analysis, evaluates factors such as coverage value, location, usage, safety features to make informed decisions on risk acceptance, modification, or decline.
• Establishes and enforces consistent underwriting best practices within the team, aligning with underwriting guidelines to ensure rating, pricing, profitability, and structuring adequacy.
• Establishes strong relationships with key brokers, clients, and other stakeholders aimed at growing the business.
• Provides training and mentorship to underwriting professionals, focusing on underwriting approaches, compliance, policy documentation, administration, and other best practices.

Benefits

• 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.

What This Job Offers

• Job Type: Full-time
• Career Level: Director
• Industry: Insurance Carriers and Related Activities
• Number of Employees: 1,001-5,000 employees