Senior Underwriter Cyber

Ryan Specialty

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profile Job Location:

Chicago, IL - USA

profile Yearly Salary: $ 140000 - 175000
Posted on: 10 days ago
Vacancies: 1 Vacancy

Job Summary

Position Summary

Ryan Financial Lines is a global platform of more than 70 teammates including a deep bench of product experts and underwriters who work collaboratively to provide a robust and localized underwriting and claims operation for the financial lines market.

What will your job entail

Key Responsibilities

Broker and Market Support

  • Work with assigned brokers to market Ryan Specialtys eRisk insurance products.
  • Support underwriting goals including production profitability and financial targets.
  • Communicate broker feedback market concerns and new opportunities to leadership.

Underwriting and Policy Processing

  • Ensure all policy transactionsquotes new business renewals endorsements and cancellationsare rated booked invoiced and issued accurately within service standards.
  • Generate quote letters and binder letters for Cyber Tech E&O and related eRisk products.
  • Prepare and issue policies for the eRisk department.
  • Manage inforce accounts and provide ongoing policy servicing.

Communication and Coordination

  • Communicate with brokers producers Accounting and Marketing to answer policy questions and resolve issues.
  • Obtain missing information needed to complete transactions.
  • Contribute to excellent service by responding promptly to inquiries about policy status or underwriting needs.

Systems Quality and Documentation

  • Electronically print and upload documents into the imaging system following labeling protocols.
  • Assist with the quality review of underwriting processes procedures and transactions.
  • Work with system support teams to test system releases and verify functionality in production environments.
  • Continuously develop knowledge and skills related to underwriting and eRisk products.

Additional Duties

  • Support product development and enhancement efforts.
  • Complete other tasks as assigned.

Requirements

Experience and Education

  • Bachelors degree required.
  • Minimum 6 years of relevant insurance or underwriting experience preferably with Cyber or Tech E&O products.

Technical Skills

  • Knowledge of cyber insurance and technology E&O products.
  • Strong analytical abilities and high attention to detail.
  • Proficiency in Microsoft Word Excel email and webbased systems.
  • Strong written and verbal communication skills.
  • Strong math skills for rating and analysis.

Professional Skills

  • Selfdirected and highly organized.
  • Ability to work efficiently in a fastpaced environment.
  • Ability to follow departmental guidelines authority levels and risk management controls.

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 salary range for this position is $140000.00 - $175000.00 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 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:

Senior IC

Position SummaryRyan Financial Lines is a global platform of more than 70 teammates including a deep bench of product experts and underwriters who work collaboratively to provide a robust and localized underwriting and claims operation for the financial lines market.What will your job entailKey Resp...
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About Company

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Offers services through highly specialized managing general underwriters with unparalleled knowledge and expertise in niche markets.

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