Underwriter Trainee - Velocity Risk

Ryan Specialty • Dallas, TX

6d • $19 - $24

About The Position

Ryan Specialty is hiring for Underwriter Trainees/Assistants to join our Velocity Risk! Velocity Risk is a distinctive managing general underwriter (MGU) specializing in E&S insurance for the US specialty commercial property market. The Underwriting Trainee/Assistant roles are responsible for assisting and supporting underwriters with quoting, rating and issuance of new business, quotes, renewals, and endorsements. This position also responds to problem situations from brokers and performs customer service tasks. What will your job entail?

Requirements

• BA/BS degree in Business or Risk Management.
• 6 Months to 1 year of experience in related field or similar role.
• Extensive knowledge of insurance and policy issuance systems.
• Excellent written and oral communication skills.

Responsibilities

• Support all steps of the underwriting process in conjunction with the underwriting operations function.
• Liaise with Underwriters and Operations team to confirm quotes, policy issuance instructions for policies, endorsements, forms, notices, etc. and effectively complete coding/issuance of Ryan Specialty business.
• Following up for additional information from brokers
• Identify proper forms and endorsements issued to quote submissions and policy issuance in tandem with Underwriters.
• Run reports for management or as directed by Underwriters including exposure data, loss runs, broker submissions, declinations, and other ad hoc requests.
• Assist underwriters with new business initiatives and customer events.
• Track premium due and assist underwriters in calculating premium amounts, resolving premium discrepancies, and issuing invoices.
• Ensure all parts of the Underwriting workflow are completed both accurately and on time.
• Participating in peer review and quality control for team(s) as needed
• Working on special projects as needed

Benefits

• 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/.

What This Job Offers

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