Property and Casualty Underwriter

Job title: Property and Casualty Underwriter

About the Role Responsible for managing a portfolio of property and casualty accounts and driving new and renewal business opportunities. The role assesses risks, analyzes applications, and determines coverage terms and premiums to ensure sound underwriting decisions. It also develops underwriting practices and guidelines and builds relationships with brokers and stakeholders in the designated portfolio.

What You'll Do

• Underwrites new and renewal property and casualty business, analyzes policy forms, broker endorsement requests, and submitted documentation as per company underwriting standards and guidelines and obtains additional information as needed.
• Determines whether to accept, modify or decline a risk through evaluation of the coverage value, location, usage, safety features, and other factors pertinent to the decision.
• Determines appropriate coverage limits and insurance premiums, policy terms and conditions based on risk assessment and underwriting guidelines and ensures active portfolio management of property and casualty accounts.
• Delivers services for new property and casualty business and renewals while demonstrating professionalism, technical knowledge, and adherence to underwriting guidelines.
• Examines, identifies, and evaluates exposures and ensures compliance with state and country laws and guidelines established by carriers and the organization.
• Provides premium forecasts and business plans to support budget and performance targets.
• Maintains existing broker relationships and collaborates across teams to manage production activities such as submissions, quotes, declines, binds, issuance to provide accurate, timely, and quality service to clients.
• Builds professional, long-term relationships in the designated portfolio and as per delegated authority limits and partners with brokers to create customized insurance solutions as needed to service a client.
• Creates opportunities for new business, maximizes retention of assigned portfolio and ensures timely review of renewal business to achieve business targets.
• Executes marketing activities, attends seminars and training, and stays abreast on market dynamics and property and casualty underwriting trends.
• Stays informed about industry trends, emerging risks in the property and casualty sector, terminology, regulations and adjusts underwriting strategies accordingly.

What We're Looking For

• Bachelor’s degree or Master’s degree in Risk Management, Actuarial and Business Administration required; any other related discipline or commensurate work experience considered.
• 5+ years of experience in Property and Casualty Underwriting.
• Must meet minimum requirements for state P&C and/or surplus line licenses.
• Chartered Property Casualty Underwriter (CPCU) is a plus.

Nice to Have

• CPCU is a plus.

Compensation & Benefits

• Target salary range is $96,000.00 - $120,000.00 annually.
• Full-time roles are eligible for bonuses and benefits.
• Ryan Specialty offers a comprehensive benefits package including paid time off for holidays, vacation, sick and personal days, paid parental leave, mental health services, and more. For additional information on Ryan Specialty Total Rewards, visit the benefits website.