Underwriter

Position Summary

The Underwriter is responsible for managing a portfolio of accounts and driving new and renewal business opportunities. The Energy Underwriter is responsible for supporting the underwriting and management of new and renewal Energy accounts, with a focus on Oil & Gas risks. Working under the guidance of senior underwriting professionals, this role evaluates risk exposures, reviews submissions, analyzes underwriting data, and assists in determining appropriate coverage terms, conditions, and pricing. The underwriter develops a strong understanding of upstream, midstream, and downstream Energy operations while ensuring underwriting decisions align with company guidelines and delegated authority. This position also partners closely with brokers, agents, and internal stakeholders to build relationships, provide responsive service, and contribute to the profitable growth of the Energy portfolio. Candidates should have 2+ years of underwriting or related insurance experience and a strong interest in the Energy industry.

What will your job entail?

Job Responsibilities

• Support the underwriting of new and renewal Energy business with a primary focus on upstream Oil & Gas risks, including exploration, drilling, production, and related operations.
• Review submissions, applications, loss runs, engineering reports, and supporting documentation to evaluate risk quality and identify key exposures.
• Assist in analyzing coverage requests, policy forms, endorsements, and underwriting information in accordance with company guidelines and delegated authority.
• Evaluate risk characteristics, operational hazards, loss history, and financial information to help determine whether risks should be accepted, modified, or declined.
• Support the development of appropriate pricing, coverage terms, conditions, and limits based on underwriting analysis and market conditions.
• Partner with senior underwriters to maintain and manage a profitable upstream Energy portfolio while ensuring strong service standards for brokers and clients.
• Work closely with brokers to gather information, negotiate terms, and provide timely responses on submissions, quotes, renewals, and policy issuance.
• Monitor renewal accounts and assist in identifying opportunities to improve retention and expand existing broker relationships.
• Maintain accurate underwriting documentation and ensure compliance with company underwriting standards, regulatory requirements, and carrier guidelines.
• Collaborate with claims, risk engineering, actuarial, and operations teams to support informed underwriting decisions.
• Participate in broker meetings, industry events, and training opportunities to expand Energy market knowledge and strengthen professional relationships.
• Stay current on upstream Oil & Gas industry trends, emerging risks, market conditions, regulatory developments, and underwriting best practices.

Work Experience & Education

• Bachelor's degree in Risk Management, Insurance, Business Administration, Finance, Economics, or a related field preferred. Equivalent industry experience will also be considered.
• 2+ years of commercial underwriting experience, Energy underwriting experience, or related Property & Casualty insurance experience.
• Experience underwriting or supporting risks within the upstream Oil & Gas sector is strongly preferred.
• Strong analytical, organizational, and relationship-building skills with the ability to assess risk and communicate underwriting recommendations effectively.
• Proficiency with Microsoft Office applications and underwriting systems.

Licenses & Certifications

• Ability to obtain and maintain applicable state Property & Casualty licenses as required.
• Progress toward or interest in pursuing industry designations such as CPCU, ARM, AU, or AINS is a plus.

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 salary range for this position is $85,855.00 - $95,000.00 annually.

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.

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. 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.