Underwriter - Cyber

Ryan, LLC.
New York, NY, United States
2 days ago
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Role details

Contract type
Permanent contract
Employment type
Full-time (> 32 hours)
Experience level
Expert
Experience required
6 years minimum
Compensation
$140,000.0 - $175,000.0
Working hours
Regular working hours

Tech stack

Microsoft Word Microsoft Excel Web Applications

Job description

Broker and Market Support

  • Work with assigned brokers to market Ryan Specialty’s 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 transactions-quotes, new business, renewals, endorsements, and cancellations-are 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 in-force 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

Underwriting, Underwriting, Brokerage, Insurance, Profit & Loss, Leadership, Customer/Client Research, Marketing, Accounting, Problem Solving Skills, * Bachelor’s 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 web-based systems.
  • Strong written and verbal communication skills.
  • Strong math skills for rating and analysis.

Professional Skills

  • Self-directed and highly organized.
  • Ability to work efficiently in a fast-paced environment.
  • Ability to follow departmental guidelines, authority levels, and risk management controls.

Benefits & conditions

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 goals. In 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 $140,000.00 - $175,000.00 annually.

About the company

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.

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