Binding Authority Underwriter
Job Location:
San Francisco, CA - USA
Yearly Salary:
Posted:
Application Deadline:
Vacancies:
Job Summary
RT Specialty a division of Ryan Specialty is a leading wholesale distributor of specialty insurance products and services. Our experienced brokers are specialized in property casualty professional lines transportation and workers compensation providing creative solutions to retail brokerage firms. We define ourselves through our superior execution on behalf of our clients which has established us as a leader in the industry.
Position Summary
We are seeking an experienced Binding Authority Underwriter to join a growing underwriting team focused on delivering profitable business through strong broker relationships disciplined underwriting and strategic portfolio management.This role is ideal for an underwriting professional who enjoys balancing technical risk evaluation with business development. The successful candidate will manage new business renewals and endorsements while partnering closely with brokers to identify opportunities negotiate terms and drive sustainable growth.
As a Binding Authority Underwriter you will play a key role in evaluating risks making informed underwriting decisions and developing a profitable book of business. Youll have the opportunity to collaborate across teams engage directly with brokers and contribute to market-facing initiatives that support long-term success.
What will your job entail
Underwrite and price new business renewals and endorsements within delegated binding authority.
Evaluate submissions and exposures to determine appropriate pricing coverage terms and underwriting strategy.
Select and verify classification codes rating exposures and premium calculations.
Apply underwriting judgment to determine credits debits and pricing adjustments that support profitable business outcomes.
Determine appropriate coverage forms endorsements and policy structure based on risk characteristics.
Clearly communicate quote terms conditions and underwriting requirements to brokers.
Maintain thorough and accurate underwriting documentation and decision rationale within company systems.
Coordinate timely policy issuance and endorsement processing.
Order and review inspection reports to validate exposures and assess risk quality.
Manage broker customer and agency relationships to support retention and new business growth.
Monitor production pipelines and identify opportunities to expand the portfolio.
Participate in stewardship meetings broker visits marketing initiatives and industry events.
Collaborate with underwriting colleagues and cross-functional teams to develop comprehensive solutions for complex risks.
Ensure underwriting decisions align with company guidelines authority levels regulatory requirements and portfolio objectives.
What Success Looks Like
Building and maintaining a profitable book of business.
Delivering sound underwriting decisions that balance growth and profitability.
Developing strong relationships with brokers and business partners.
Consistently meeting service standards for quoting renewals and policy processing.
Effectively managing production goals and growth opportunities.
Maintaining accurate underwriting documentation and regulatory compliance.
Identifying and pursuing quality new business opportunities while retaining desirable accounts.
Training & Development
This role offers ongoing opportunities to deepen underwriting expertise expand market knowledge and strengthen broker relationships. Underwriters gain exposure to a variety of risks and work collaboratively with experienced professionals who support technical development and portfolio growth.
The position also provides visibility across underwriting distribution and business leadership functions creating opportunities for continued career progression within the organization.
Required Qualifications
Bachelors degree in Business Risk Management Insurance or a related discipline; equivalent professional experience may be considered.
Minimum of 5 years of Binding Authority underwriting experience.
Experience underwriting new business renewals and endorsements.
Strong understanding of commercial insurance products policy forms coverage analysis and underwriting principles.
Demonstrated ability to evaluate risk exposures and make sound underwriting decisions.
Experience managing broker relationships and negotiating coverage terms and pricing.
Strong analytical communication and organizational skills.
Ability to manage multiple priorities in a fast-paced underwriting environment.
State P&C and/or surplus lines licensing requirements as applicable.
Preferred Qualifications
Masters degree in Business Administration Risk Management Insurance or a related field.
CPCU (Chartered Property Casualty Underwriter) designation.
CIC (Certified Insurance Counselor) designation.
Experience managing a profitable underwriting portfolio within delegated authority.
Existing broker relationships and market-facing experience.
Experience participating in business development marketing and stewardship activities.
Why Join Us
Opportunity to own and grow a profitable underwriting portfolio.
Strong balance of technical underwriting and broker-facing responsibilities.
Exposure to a diverse range of risks and coverage solutions.
Opportunity to participate in business development and market-facing initiatives.
Collaborative environment that encourages knowledge sharing and professional growth.
Visible role with the ability to directly influence portfolio performance and business results.
This position is ideal for an underwriting professional who enjoys building relationships making impactful underwriting decisions and contributing to the growth of a successful Binding Authority business.
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.
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 $78750.00 - $80000.00 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.
About Company
Ryan Specialty is an international specialty insurance firm that provides innovative solutions for brokers, agents and insurance carriers.
