Underwriter

Ryan Specialty • Houston, TX

20d • $85,855 - $95,000

About The Position

The Underwriter supports the underwriting and management of new and renewal Energy accounts, with a primary focus on upstream Oil & Gas risks. Working under the guidance of senior underwriting professionals, the role reviews submissions, evaluates risk exposures and underwriting data, and assists in determining appropriate coverage terms, conditions, limits, and pricing in accordance with company guidelines and delegated authority. The position develops knowledge of upstream, midstream, and downstream Energy operations and contributes to profitable portfolio growth.

The Underwriter works with brokers, agents, and internal stakeholders to build relationships and provide responsive service. The role also collaborates with senior underwriters and teams such as claims, risk engineering, actuarial, and operations, and stays current on industry trends, emerging risks, market conditions, regulations, and underwriting practices.

The target salary range is $85,855.00–$95,000.00 annually. Full-time roles are eligible for bonuses and benefits. Ryan Specialty describes its benefits package as including paid time off for company holidays, vacation, sick and personal days, paid parental leave, mental health services, and additional benefits.

Requirements

• At least 2 years of commercial underwriting experience, Energy underwriting experience, or related Property & Casualty insurance experience.
• Strong analytical, organizational, and relationship-building skills, including the ability to assess risk and communicate underwriting recommendations effectively.
• Proficiency with Microsoft Office applications and underwriting systems.
• Ability to obtain and maintain applicable state Property & Casualty licenses as required.

Nice To Haves

• Bachelor's degree in Risk Management, Insurance, Business Administration, Finance, Economics, or a related field; equivalent industry experience will also be considered.
• Experience underwriting or supporting risks within the upstream Oil & Gas sector is strongly preferred.
• Progress toward or interest in pursuing an industry designation such as CPCU, ARM, AU, or AINS.

Responsibilities

• Support underwriting new and renewal Energy business, primarily upstream Oil & Gas risks, including exploration, drilling, production, and related operations.
• Review submissions, applications, loss runs, engineering reports, and supporting documentation to evaluate risk quality and identify exposures.
• Analyze coverage requests, policy forms, endorsements, and underwriting information in accordance with company guidelines and delegated authority.
• Evaluate risk characteristics, operational hazards, loss history, and financial information to help determine whether risks should be accepted, modified, or declined.
• Support the development of pricing, coverage terms, conditions, and limits based on underwriting analysis and market conditions.
• Work with senior underwriters to maintain and manage a profitable upstream Energy portfolio and provide strong service to brokers and clients.
• Work with brokers to gather information, negotiate terms, and respond to submissions, quotes, renewals, and policy issuance.
• Monitor renewal accounts and identify opportunities to improve retention and expand broker relationships.
• Maintain accurate underwriting documentation and comply with company underwriting standards, regulatory requirements, and carrier guidelines.
• Collaborate with claims, risk engineering, actuarial, and operations teams to support underwriting decisions.
• Participate in broker meetings, industry events, and training opportunities to expand Energy market knowledge and professional relationships.
• Stay current on upstream Oil & Gas trends, emerging risks, market conditions, regulatory developments, and underwriting best practices.

Benefits

• Paid time off for company holidays, vacation, sick and personal days.
• Paid parental leave.
• Mental health services.
• Bonuses and benefits eligibility for full-time roles.
• A 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: Mid Level