Professional Lines Underwriter

$98,120 - $128,782/Yr

Ryan Specialty Group - Remote, OR

Full-time - Mid Level

Remote - Remote, OR

Insurance Carriers and Related Activities

About the position

The Underwriter will handle existing renewal business as well as grow new business, and maintain those accounts throughout the term. This role involves developing a disciplined underwriting approach, adhering to standards and best practices for MGU, and ensuring that assigned program underwriting results are consistent with established guidelines and profitable for both the company and carriers. The candidate will be a member of the MGU underwriting team focused on driving efficiency and providing service to a fast-growing company. This position will require the ability to handle a relatively high volume of transactions during peak business cycles, therefore it is essential that the candidate can multitask and work efficiently with a high degree of organizational skill. The job entails the solicitation, quoting, and binding of submissions in accordance with MGU Underwriting Managers guidelines specific to the Underwriting Letter of Authority granted by the team leader and/or Carrier. Responsibilities include completing documentation and management of all accounts assigned, reviewing work completed by Brokers for accuracy, applying appropriate factors to rating basis/formulas provided, building an account pipeline, and maintaining Retail clients relevant to the book of business. The Underwriter will also participate in underwriting meetings, educational seminars, and continued education courses offered, along with other relevant duties as assigned.

Responsibilities

• Handle existing renewal business and grow new business.
• Maintain accounts throughout the term.
• Develop a disciplined underwriting approach adhering to standards and best practices for MGU.
• Ensure assigned program underwriting results are consistent with established guidelines and profitable for the company and carriers.
• Solicit, quote, and bind submissions in accordance with MGU Underwriting Managers guidelines.
• Complete documentation and management of all assigned accounts.
• Review work completed by Brokers for accuracy.
• Apply appropriate factors to rating basis/formulas provided.
• Build account pipeline and maintain Retail clients relevant to the book of business.
• Participate in underwriting meetings, educational seminars, and continued education courses offered.
• Perform other relevant duties as assigned.

Requirements

• Bachelor's Degree or equivalent combination of education and experience.
• Minimum 3-5 years underwriting experience with E&O product lines.
• P&C license preferred; must obtain license within a designated time period if not currently licensed.
• Demonstrated proficient technical underwriting expertise.
• Strong analytical, mathematical, decision making, and negotiation skills.
• Strong business knowledge of Microsoft Excel, Word, and Outlook.
• Self-directed individual with initiative, analytical and problem-solving skills.
• Strong verbal and written communication and presentation skills.
• Customer service skills: listening and understanding client business priorities.
• Strong relationship management skills.
• Ability to set priorities and meet challenging deadlines.
• Ability to manage workload with minimal supervision.
• Critical attention to details.
• Proven track record of being a team player.

Nice-to-haves

• Experience in the insurance industry beyond underwriting.
• Familiarity with MGU operations and guidelines.

Benefits

• Paid time off for company holidays, vacation, sick and personal days.
• Paid parental leave.
• Mental health services.
• Comprehensive benefits package for physical, financial, and emotional well-being.