Underwriting Associate

Ryan Specialty • Walnut Creek, CA

2d • $68,200 - $68,200

About The Position

RT Specialty, a division of Ryan Specialty, is a wholesale distributor of specialty insurance products and services. The Property and Casualty Underwriting Associate ensures the accuracy of existing policy information for renewals, communicates with clients to gather information, and supports underwriting through precise documentation. The role assesses risks and audits insurance applications, supports premium calculations, and generates reports. It also ensures that underwriting activities follow company policies, industry regulations, and compliance standards.

The position serves as a key point of contact for customers and agents, providing information about insurance products and underwriting appetite, addressing inquiries, and helping ensure a positive customer experience. The position requires a bachelor's degree in Risk Management, Actuarial or Business Administration, or another related discipline or commensurate work experience, as well as at least six months of Property and Casualty Underwriting experience. Candidates must meet minimum state P&C and/or surplus line licensing requirements; CPCU is a plus.

Requirements

• Bachelor’s degree in Risk Management, Actuarial or Business Administration; another related discipline or commensurate work experience may be considered.
• At least 6 months of experience in Property and Casualty Underwriting.
• Must meet minimum requirements for state P&C and/or surplus line licenses.

Nice To Haves

• Chartered Property Casualty Underwriter (CPCU) designation.

Responsibilities

• Evaluate and maintain existing policy information to ensure it is current, accurate, and appropriately priced for renewal.
• Respond to client requests and questions, providing information and advice about insurance products and underwriting appetite.
• Communicate with clients to gather necessary information, resolve inquiries, and facilitate the underwriting process.
• Prepare and organize documentation related to underwriting submissions and policy issuance.
• Assess risks associated with individual insurance applications using standard and substandard criteria.
• Support premium calculations and ensure rates are applied accurately according to underwriting guidelines.
• Build and maintain reports on underwriting activities, key performance indicators, and relevant metrics.
• Provide documentation and information for internal and external audits related to underwriting activities.
• Ensure underwriting activities adhere to company policies, guidelines, industry regulations, and compliance standards.
• Collaborate with underwriting teams to relay information, coordinate tasks, and support the overall underwriting process.
• Serve as a key contact for customers and agents, addressing inquiries and resolving issues to provide excellent customer service.

Benefits

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

What This Job Offers

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