Senior Binding Authority Underwriting Associate

Ryan Specialty • Worthington, OH

5d • $68,000 - $85,000

About The Position

The Senior Binding Authority Underwriting Associate will evaluate complex risks to ensure proper risk selection, pricing and terms for policies generated in assigned territory. This position will work independently within the established strategy and delegated authority to generate a profitable portfolio. The Binding Authority Underwriter Associate has responsibilities for marketing activities to generate new business. What will your job entail?

Requirements

• Bachelor's degree in Risk Management
• 2+ year related experience or 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 high level of knowledge of insurance and underwriting principles, practices and procedures.

Responsibilities

• Performs a combination of duties in accordance with departmental guidelines.
• Analyzes quality, quantity, and profitability of highly complex risks underwritten; prepares and presents 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 superior relationships with underwriters, producers, brokers, and reinsurers.
• Maintain accurate file documentation in accordance with company guidelines.
• Develops and maintains agency and/or broker relationships with large producers within the assigned territory to reach positive and profitable outcomes on complex, high-risk business.
• Responsible for special underwriting projects and other duties as assigned.

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.
• 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.

What This Job Offers

• Job Type: Full-time
• Career Level: Mid Level
• Number of Employees: 1,001-5,000 employees