Underwriter Fire Suppresslon
Job Location:
Hunt Valley, MD - USA
Yearly Salary:
Posted on:
Vacancies:
Job Summary
Position Summary
The Property and Casualty Underwriter (Fire Protection) is responsible for managing and growing a specialized portfolio of fire protection contractor accounts including businesses involved in the installation service and repair of fire suppression systems extinguishers and sprinkler systems. This role evaluates risks unique to fire protection operationssuch as system design installation quality code compliance and ongoing maintenance exposureswhile analyzing underwriting data to determine appropriate coverage terms and pricing. The Underwriter partners closely with brokers and stakeholders to deliver customized compliant and profitable insurance solutions.What will your job entail
- Underwrite new and renewal fire protection contractor business by reviewing applications policy forms broker endorsement requests and supporting documentation in accordance with underwriting guidelines.
- Evaluate risks associated with fire protection operations including system installation inspection and testing services repair work design liability and compliance with NFPA codes and local regulations.
- Assess contractor operations for exposure related to faulty installation system failure property damage and bodily injury.
- Determine risk acceptability by analyzing factors such as scope of services (e.g. sprinkler installation fire alarm systems kitchen suppression systems) project types (residential commercial industrial) geographic exposure and claims history.
- Establish appropriate coverage limits terms conditions and pricing based on risk characteristics and delegated underwriting authority.
- Accept modify or decline risks based on technical underwriting analysis and company risk appetite.
- Deliver high-quality underwriting service for both new and renewal business with strong technical expertise and adherence to underwriting standards.
- Ensure compliance with state regulations fire safety codes and carrier guidelines specific to fire protection contractors.
- Actively manage portfolio performance including growth retention and profitability of assigned accounts.
- Develop premium forecasts and support business planning to meet financial and production targets.
- Build and maintain strong relationships with brokers agents and program partners specializing in contractor and fire protection risks.
- Collaborate with internal teams to manage submissions quotes binds and policy issuance accurately and efficiently.
- Identify new business opportunities maximize retention and conduct proactive renewal reviews.
- Participate in marketing initiatives industry events and fire protection trade associations to enhance market presence.
- Stay current on industry trends regulatory updates emerging risks (e.g. system technology changes evolving fire codes) and underwriting best practices.
Qualifications & Experience
- Bachelors or Masters degree in Risk Management Business Administration Engineering or a related field (or equivalent professional experience).
- Minimum of 5 years of Property & Casualty underwriting experience preferably focused on contractors construction risks or fire protection services.
- Strong understanding of exposures related to installation inspection and maintenance of fire suppression and sprinkler systems.
- Knowledge of NFPA standards fire safety regulations and contractor risk profiles is highly preferred.
- Proven analytical decision-making and portfolio management skills.
- Excellent communication negotiation and relationship management capabilities.
Licenses & Certifications
- Must meet state requirements for Property & Casualty and/or surplus lines licensing.
- CPCU (Chartered Property Casualty Underwriter) designation preferred.
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 $96000.00 - $120000.00 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.
