Underwriting Assistant

Ryan Specialty•Portage, MI

8d•$23 - $29

About The Position

The Underwriting Assistant is responsible for assisting and supporting underwriters with quoting, rating and issuing policy renewals. This position also responds to problem situations from brokers and performs customer service tasks. What will your job entail? Job 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 Work Experience and Education: • 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. Skills: Technical/Functional Skills: • Results Driven • Insurance Regulation • Critical Thinking • Quoting • Negotiation • Business Development Behavioral Skills: • Time Management • Multi-Task • Decision Making • Communication Ryan Specialty is an Equal Opportunity Employer. We are committed to building and sustaining a diverse workforce throughout the organization. Our vision is an inclusive and equitable workplace where all employees are valued for and evaluated on their performance and contributions. Differences in race, creed, color, religious beliefs, physical or mental capabilities, gender identity or expression, sexual orientation, and many other characteristics bring together varied perspectives and add value to the service we provide our clients, trading partners, and communities. This policy extends to all aspects of our employment practices, including but not limited to, recruiting, hiring, discipline, firing, promoting, transferring, compensation, benefits, training, leaves of absence, and other terms, conditions, and benefits of employment. How We Support Our Teammates 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 hourly rate range for this position is $23.00 - $29.00 per hour. The wage range for this role considers many factors, such as training, transferable skills, work experience, licensure and certification, business needs, and market demands. The pay range is subject to change and may be modified in the future. 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. Please contact us to request an accommodation at [email protected] The above is intended to describe this job's general requirements. It is not to be construed as an exhaustive statement of duties, responsibilities, or physical requirements. Nothing in this job description restricts management's right to assign or reassign duties and responsibilities to this job at any time. Reasonable accommodations may be made to enable individuals with disabilities to perform essential functions. A multi-time winner of Newsweek’s Most Loved Workplaces and Insurance Business’s Top Insurance Employers, Ryan Specialty is home to some of the brightest talent in the insurance industry. Join our team and help provide innovative solutions for insurance brokers, agents and carriers. Talent Network Not seeing the right job opening? To learn more about future opportunities Introduce yourself and join our talent network Benefits Curious about Ryan Specialty’s benefits? Explore our employee benefits here! Ryan Specialty, LLC and its affiliates (“Ryan Specialty”) do not accept unsolicited resumes or candidate profiles submitted by any staffing agencies, placement services or professional recruiters (“Agencies”), including any submissions made through our website or to email accounts of Ryan Specialty employees. Agencies must be registered in Ryan Specialty’s agency portal and have a fully executed contract for service between Ryan Specialty and the Agency. Agency fee agreements will only be valid if provided in such fully executed contract between Ryan Specialty and the Agency. Any unsolicited resume or candidate profile received from an Agency without prior approval from Ryan Specialty’s HR department and in compliance with Ryan Specialty’s candidate submission process shall be considered unsolicited, gratuitous and property of Ryan Specialty for recruiting purposes and, as such, is not subject to payment of any Agency fees.

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.
Results Driven
Insurance Regulation
Critical Thinking
Quoting
Negotiation
Business Development
Time Management
Multi-Task
Decision Making
Communication

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