New Grad | Broker or Underwriter Operations Coordinator

Chicago, IL - USA

Hourly Salary: $ 28 - 35

Posted on: 30+ days ago

Vacancies: 1 Vacancy

Job Summary

Position Summary

Are you a recent graduate looking to start your career
Upload your resume and enter your details via this online application form so we can contact you when a full-time entry-level opportunity arises.
Please also indicate whether youre leaning toward brokerage underwriting or open to both career paths.
We have over 100 offices across the country!
Note: This link is only for recent graduates (May 2024 May 2026).

Imagine jumping into a dynamic full-time role where you support a busy brokerage or underwriting team every day! As a Brokerage Operations Coordinator or Underwriting Operations Coordinator youll be the backbone of smooth daily operations handling paperwork ensuring transactions go through on time and working closely with colleagues and other departments. Its a perfect entry point to dive into the Excess & Surplus Lines world learn the ropes and develop skills that will launch your career in Risk Management & Insurance.

What will your job entail

JOB REQUIREMENTS

Education:

Pursuing or completed an Associates or Bachelors degree.
Preferred majors: Risk Management Insurance Business Administration or a related field.

Work Experience:

This is an entry-level role so no prior work experience is needed.
Applicants with prior internship experience are preferred.

Desired Functional Skills:

Experience with Microsoft Outlook Word Excel Teams etc.
Ability to answer emails schedule meetings etc.

Desired Behavioral Skills:

Time Management
Project Management
Ability to Multi-Task
Strong Organizational Skills
Clear and Concise Communication
Results-Oriented Mindset
Critical Thinking Abilities
Quick Learner
Collaborative Team Player
Relationship Building Skills

JOB DESCRIPTIONS

Brokerage Coordinator:

Assist in executing and coordinating day-to-day Brokerage operations and support the implementation and improvement of operational procedures.
Coordinate with the broker to prepare documents cover letters etc. to market renewal business and provide necessary administrative support in filing printing and archiving documents.
Administer and update new and current client information in all required systems accurately.
Maintain accurate and organized records of client accounts transactions and other relevant documentation and ensure compliance with record-keeping regulations.
Perform customer service functions by answering broker requests and questions by telephone email chat or in person.
Contribute to the preparation of compliance reports related to Brokerage operations and collaborate across broker and finance teams on business requirements.
Adhere to regulatory requirements and internal policies and assist in the preparation of compliance reports.
Assist in identifying and mitigating operational risks and collaborate with risk management teams to implement controls.
Support the Brokerage team with any ad hoc tasks and requests.

Underwriting Coordinator:

Support all steps of the underwriting process in conjunction with the underwriting operations function.
Liaise with Underwriters and the Operations team to confirm quotes and issue instructions for policies endorsements forms notices etc. and effectively complete coding/issuance for Ryan Specialty business.
Following up for additional information from brokers.
Identify proper forms and endorsements issued to quote submissions and policy issuance in tandem with Underwriters.
Run reports for management or as directed by Underwriters including exposure data loss runs broker submissions declinations and other ad hoc requests.
Assist underwriters with new business initiatives and customer events.
Track premium due and assist underwriters in calculating premium amounts resolving premium discrepancies and issuing invoices.
Ensure all parts of the Underwriting workflow are completed both accurately and on time.
Participating in peer review and quality control for team(s) as needed.
Working on special projects as needed.

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 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 $28.00 - $35.00 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.

Required Experience:

Position SummaryAre you a recent graduate looking to start your career Upload your resume and enter your details via this online application form so we can contact you when a full-time entry-level opportunity arises. Please also indicate whether youre leaning toward brokerage underwriting or ope...