U.S. Head of Wholesale Cyber

Ryan Specialty

3d • $240,000 - $300,000

About The Position

Position Summary The Head of Wholesale Cyber is responsible for directing the wholesale Cyber and Technology E&O 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. What will your job entail? Job Responsibilities:

Requirements

• Bachelor’s degree or Master’s. Any other related discipline or commensurate work experience considered.
• 12+ years of experience in Cyber 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 Cyber 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.
• The target salary range for this position is $240,000.00 - $300,000.00 annually.
• 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.

What This Job Offers

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