Position Summary
The Property and Casualty Underwriting Manager is responsible for overseeing the team of underwriters, underwriting Property and Casualty agreements and ensuring profitability targets are met. The role establishes and enforces underwriting best practices, drives technological integration, and communicates risk coverages and propositions to brokers. They identify opportunities for market expansion, foster relationships to grow business and leverage industry expertise to promote products.
What will your job entail?
Job Responsibilities:
• Oversees the underwriting process for new Property and Casualty accounts and renewals of medium to high complexity, develops portfolio strategies and meets profitability targets.
• Develops a disciplined underwriting approach, adhering to standards and best practices for underwriting and ensures program results are profitable for the company and the carriers.
• Establishes and enforces consistent underwriting best practices within the team, aligning with underwriting guidelines to ensure rating, pricing, profitability, and structuring adequacy.
• Manages the communication of risk coverages and value proposition to brokers/agents, and collaborates to understand deal structures, terms, and services that best meet clients' needs.
• Identifies market expansion opportunities, partners with senior management and cross functional teams to set clear objectives and develops strategies to grow the business.
• Leverages consultative marketing and sales skills to promote products and drives the integration of technologies to streamline underwriting processes and enhance efficiency.
• Safeguards financial integrity by regularly assessing and validating expenses and drives prudent budget management.
• Conducts marketing visits to executives and decision makers of key strategic accounts and participates in underwriting meetings and educational seminars.
• Ensures the ease of doing business with organization by meeting or exceeding expectations and service quality on a consistent basis.
• Builds and maintains strong relationships with brokers, clients, and other relevant stakeholders, focused on growing the business within the assigned authority.
Work Experience and Education:
• Bachelor's degree or Master's degree in Risk Management, Actuarial or Business Administration required. Any other related discipline or commensurate work experience considered.
• 6+ years of experience in Property and Casualty Underwriting.
• 3 years+ of management experience is preferred.
Licenses & Certifications:
• State P&C and/or surplus line license is required.
• Chartered Property Casualty Underwriter (CPCU) or Associate in Risk Management (ARM) a plus.
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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 $132,000.00 - $165,000.00 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 https://benefits.ryansg.com/.
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.
