Binding Authority Underwriting Associate
Ryan Specialty
full-time
Posted on:
Location Type: Remote
Location: Pennsylvania • United States
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Salary
💰 $54,250 - $67,500 per year
About the role
- Performs a combination of duties in accordance with departmental guidelines
- Analyzes quality, quantity, and profitability of highly complex risks underwritten; prepares and presents reports to management
- Review submission information with the underwriter including analysis of account information
- Coordinate the quoting, binding, and issuance process
- Research and apply appropriate rates, coverages, and policy forms
- Issue notices of cancellation, nonrenewal notices, or reinstatements
- Develop and maintain superior relationships with underwriters, producers, brokers, and reinsurers
- Maintain accurate file documentation in accordance with company guidelines
- Develops and maintains agency and/or broker relationships with large producers within the assigned territory to reach positive and profitable outcomes on complex, high-risk business
- Responsible for special underwriting projects and other duties as assigned
Requirements
- Bachelor’s degree required, Business Administration, Risk Management preferred
- 1+ year related experience or in a similar role
- Advanced analytical and problem-solving skills, with the ability to manage and prioritize multiple projects
- Advanced technical expertise, underwriting skill and high level of knowledge of insurance and underwriting principles, practices and procedures
- Prescribed: Minimum requirements for state P&C and/or surplus line licenses
- Preferred: Associate in Insurance Services (AIS)
Benefits
- Paid time off for company holidays, vacation, sick and personal days
- Paid parental leave
- Mental health services and more
Applicant Tracking System Keywords
Tip: use these terms in your resume and cover letter to boost ATS matches.
Hard Skills & Tools
underwritinganalytical skillsproblem-solvingrisk analysispolicy formsrate applicationfile documentationproject managementinsurance principlesinsurance practices
Soft Skills
relationship managementcommunicationorganizational skillsprioritizationcollaborationpresentation skillsnegotiationattention to detailadaptabilityteamwork
Certifications
Bachelor's degreeP&C licensesurplus line licenseAssociate in Insurance Services (AIS)