Ryan Specialty
Underwriting Operations Specialist
Richmond - Virginia · Full-time
Sponsorship not specifiedDetected 30 days ago
ComplianceCommunicationProblem SolvingAdaptabilityUnderwriting
About the role
- The Underwriting Operations Specialist is responsible for supporting policy processing and operations for complex underwriting transactions.
- Process and issue mid-term premium and endorsement transactions.
- Processes requests for policy cancellations or terminations, verifies cancellation reasons, calculates any applicable refunds or penalties, and updates policy records.
Responsibilities
- Provides support to underwriters, wholesalers, and other stakeholders regarding policy-related inquiries, issues or requests.
- Process and issue policy documents.
- Ensures all policy documents are accurately prepared and distributed to policy holders in a timely manner.
- Provides support to underwriters regarding policy subjectivities and inspection recommendation compliance.
- Updates and maintains policy data accurately in the company's computer systems or databases by updating policy information as needed and ensures data integrity across various systems.
- Collaborates with other departments to ensure seamless coordination of policy - related activities and processes.
Requirements
- Bachelor's degree with a preference in Risk Management or Business
- 3+ years of Commercial Property experience
Nice to have
- Chartered Property Casualty Underwriter (CPCU), Associate in Commercial Underwriting (AU), Associate in Personal Insurance or Certified Insurance Counselor (CIC) or Associate in Risk Management (ARM) is preferred
Skills
- Knowledge of Underwriting Guidelines
- Effective Communication
- Ryan Specialty is an Equal Opportunity Employer.
- Our vision is an inclusive and equitable workplace where all employees are valued for and evaluated on their performance and contributions.
- How We Support Our Teammates
- The target salary range for this position is $78,050.00 - $80,000.00 annually.
- 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 https://benefits.ryansg.com/.
- Risk Assessment
Compensation
- This 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,
Benefits
- Work Experience and Education:
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