Brokerage Assistant
Brokerage Assistant
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Job Description
Position Summary
As a Brokerage Assistant at RT Specialty a leading wholesale distributor of specialty insurance products and services you will play a vital role in supporting the brokerage teams operational efficiency. RT Specialty is known for its innovative solutions in complex risk areas such as property casualty professional liability transportation and workers compensation. Headquartered in Chicago and backed by over 3300 professionals nationwide the company is committed to delivering superior execution and client-centric service.In this role you will be responsible for managing day-to-day administrative and operational tasks that ensure the seamless flow of brokerage activities. This includes processing paperwork coordinating with internal departments maintaining compliance with regulatory standards and facilitating effective communication across teams. By working closely with brokers you will help drive timely and accurate transaction completion contributing to RT Specialtys mission of providing creative tailored insurance solutions through collaborative partnerships with agents brokers and carriers.
What will your job entail
Job Responsibilities:
Assists in executing and coordinating day-to-day brokerage operations and supports the implementation and improvement of operational procedures.
Coordinates with the broker to prepare documents cover letters etc. to market renewal business and provides necessary administrative support in filing printing and archiving documents.
Administers and updates new and current client information in all required systems accurately.
Maintains accurate and organized records of client accounts transactions and other relevant documentation and ensures compliance with record-keeping regulations.
Performs customer service functions by answering broker requests and questions by telephone email chat or in person.
Contributes to the preparation of compliance reports related to brokerage operations and collaborates across broker and finance teams on business requirements.
Adheres to regulatory requirements and internal policies and assists in the preparation of compliance reports.
Assists in identifying and mitigating operational risks and collaborates with risk management teams to implement controls.
Supports the Brokerage team with any ad hoc tasks and requests.
Work Experience:
Less than 1 year of experience in the Insurance industry or Underwriting.
Education:
Bachelors degree required; Business Administration Sales and Risk Management preferred. Any other related discipline or commensurate work experience considered.
Licenses and Certifications:
Prescribed: Minimum requirements for state P&C and/or surplus line licenses
Preferred: Not Applicable
Ryan Specialty is an Equal Opportunity Employer. We are committed to building and sustaining a diverse workforce throughout the 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 expressionsexual orientation and many other characteristics bring together varied perspectives and add value to the service we provide our clients trading partnersand 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 hourly rate range for this position is $20.00 - $24.47 per hour.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 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. Please contact us to request an accommodation at
The above is intended to describe this jobs general requirements. It is not to be construed as an exhaustive statement of duties responsibilities or physical requirements. Nothing in this job description restricts managements 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.
Employment Type
Full-Time
