The posting
RT Specialty, a division of Ryan Specialty, is a leading wholesale distributor of specialty insurance products and services. Our experienced brokers are specialized in property, casualty, professional lines, transportation and workers’ compensation, providing creative solutions to retail brokerage firms. We define ourselves through our superior execution on behalf of our clients, which has established us as a leader in the industry.
Position Summary
The Underwriting Coordinator is responsible for assisting and supporting underwriters with quoting, rating and issuance of new business, quotes, renewals, and endorsements. 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 $22.00 - $28.00 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.
