Underwriter

Ryan Specialty•New York, NY

About The Position

The Underwriter – Lawyer Professional Liability is responsible for supporting the underwriting of Professional Liability risks for law firms by ensuring the accuracy of policy data, assisting in risk evaluation and facilitating both renewal and new business processes. This role partners closely with brokers and clients to gather critical information, assess legal risk exposures and ensure compliance with underwriting guidelines. The Underwriter plays a key role in documentation, pricing support and delivering high-quality service while developing deeper expertise in Lawyers Professional Liability insurance.

Requirements

Bachelor’s degree in Risk Management, Finance, Business Administration, or related field.
2+ years of underwriting experience in Professional Liability or Financial Lines experience.
Exposure to Lawyer Professional Liability (LPL) or similar E&O lines is preferred.
State Property & Casualty license (or ability to obtain within a designated timeframe).
Knowledge of Professional Liability / E&O underwriting practices
Understanding of law firm risk profiles and exposures
Basic pricing, rating and coverage analysis
Insurance regulatory and compliance knowledge
Data analysis and reporting (Excel proficiency preferred)
Strong technical documentation skills
Analytical thinking and attention to detail
Effective communication (written and verbal)
Strong organizational and time management skills
Problem-solving ability
Relationship management and customer focus
Ability to work independently while supporting team objectives

Nice To Haves

RPLU designation or progress toward completion is a plus.

Responsibilities

Evaluate and maintain existing Lawyer Professional Liability policies to ensure data is current, accurate and appropriately priced for renewal.
Preparation of renewal strategies, underwriting summaries and policy updates.
Serve as a primary point of contact for brokers to gather underwriting information (e.g., firm size, areas of practice, claims history).
Respond to inquiries regarding coverage, underwriting appetite and submission requirements specific to LPL.
Prepare, review and organize underwriting submissions including applications, loss runs, and supporting legal risk documentation.
Ensure underwriting files meet internal standards, audit requirements and regulatory guidelines.
Conduct thorough assessments of law firm risks, including practice areas, jurisdictions and prior claims experience.
Identify key exposures such as conflicts of interest, high-risk specialties or emerging legal trends.
Prepare premium calculations using LPL underwriting guidelines and rating tools.
Analyze coverage terms including limits, retentions, endorsements and exclusions.
Maintain accurate underwriting data and generate reports on portfolio performance, renewals and key metrics.
Track and analyze book of business performance, including retention and loss ratio trends.
Ensure adherence to company underwriting guidelines, regulatory requirements and surplus lines compliance where applicable.
Support internal and external audit processes by providing complete and accurate documentation.
Collaborate with underwriting team to evaluate risks, prioritize workflow and support underwriting decisions.
Collaborate with cross-functional teams including claims, actuarial and legal.
Deliver a high level of service by addressing inquiries promptly, resolving issues and building strong broker relationships.