Underwriter

Ryan Specialty • Walnut Creek, CA

6d • $85,855 - $86,000

About The Position

The Property and Casualty Underwriter manages a portfolio of accounts and develops new and renewal business opportunities for Property and Casualty insurance. The role assesses risks associated with insuring properties and liabilities, evaluates applications and data, and determines coverage terms and premiums to support sound underwriting decisions. The Underwriter develops and maintains underwriting practices and guidelines within delegated authority and builds relationships with brokers and other stakeholders in the designated portfolio.

Requirements

• Bachelor’s or master’s degree in Risk Management, Actuarial, or Business Administration; another related discipline or commensurate work experience may be considered.
• At least 3 years of experience in Property and Casualty Underwriting.
• Meet minimum requirements for state P&C and/or surplus line licenses.

Nice To Haves

• Chartered Property Casualty Underwriter (CPCU) designation.

Responsibilities

• Underwrite new and renewal property and casualty business; analyze policy forms, broker endorsement requests, and submitted documentation against company standards and guidelines; and obtain additional information as needed.
• Evaluate risks to decide whether to accept, modify, or decline them, considering coverage value, location, usage, safety features, and other relevant factors.
• Set coverage limits, premiums, policy terms, and conditions based on risk assessment and underwriting guidelines, and actively manage property and casualty accounts.
• Deliver services for new business and renewals with professionalism, technical knowledge, and adherence to underwriting guidelines.
• Examine and evaluate exposures, and ensure compliance with applicable state and country laws and carrier and organizational guidelines.
• Provide premium forecasts and business plans to support budget and performance targets.
• Maintain broker relationships and collaborate across teams on submissions, quotes, declines, binds, and issuance to deliver accurate, timely, and quality client service.
• Build long-term professional relationships within the designated portfolio and delegated authority limits, and work with brokers to develop customized insurance solutions as needed.
• Identify new business opportunities, maximize retention of the assigned portfolio, and review renewal business on time to achieve business targets.
• Execute marketing activities, attend seminars and training, and keep current on market dynamics and property and casualty underwriting trends.
• Stay informed about industry trends, emerging risks, terminology, and regulations, and adjust underwriting strategies accordingly.

Benefits

• Paid time off for company holidays, vacation, sick, and personal days.
• Paid parental leave.
• Mental health services.
• Additional benefits intended to support employees’ and their family members’ physical, financial, and emotional well-being.
• Full-time roles are eligible for bonuses and benefits.

What This Job Offers

• Job Type: Full-time
• Career Level: Mid Level