Location: Richmond, VA
Company: Ryan Specialty
Workplaces by Newsweek and has been named 2023 Top Insurance Employer by Insurance Business America. Position Summary: The RT Underwriter Assistant is focused on the processing of insurance quotes through binding with minimal supervision from the Underwriter.
At the Underwriter’s direction, the Underwriting Assistant is expected to process submissions with appropriate information and prepare the quote proposal for the agent, reaching out to the agent as needed for supporting documentation. The Underwriting Assistant ensures quote and binder documentation to be delivered to the agent is correct and of quality. In addition, the role reviews requests for changes in policies; and either collaborates
or drives the process to evaluate acceptance, declination or modification. Essential Functions: May be required to hold the appropriate licenses for all marketing jurisdictions.
Assists Underwriter with renewal solicitation requests to retail agent to prepare for marketing the renewals Set up the renewal files in TITAN for the underwriter. Ensure files are thorough and accurate at the time of binding and that the binder information matches what is in our file. Review carrier underwriting manuals to make sure risk fits carrier guidelines Enter all appropriate information into TITAN system to prepare a quote and present a proposal to the agent. Ensures data integrity. Resolves discrepancies
by collecting and analyzing information. Prepare the binder, print the invoice and package with the binder to the agent.
Follow up for information from agents and carriers as needed. Underwrite endorsement requests with little guidance required, accurately. Understand E-pay and how to assist agents with E-pay related questions. Education/Experience/Skills: Insurance experience in underwriting with excess and surplus lines required. Technologically savvy. Ability to work and prioritize in a fast-paced environment. Attention to detail. Ability to work in a highly automated, paperless environment. Ability to communicate orally and in writing with others to explain complex issues, receive and interpret complex information, and respond appropriately.
Ability to understand written and oral communication, and interpret abstract information. Must obtain a Property, Casualty Agents license within a designated time period if not currently licensed. Knowledge of insurance markets and reference to markets. Understand the basics of General Liability and Property Liability insurance. Disclaimer Ryan Specialty is an Equal Opportunity Employer
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Insurance jobs are positions in the insurance industry where professionals help individuals and businesses manage risk and protect against financial loss. They encompass a variety of roles such as insurance agents, underwriters, claims adjusters, and actuaries. Key characteristics of these jobs include assessing risk, determining policy terms, negotiating contracts, and assisting clients with claims. Insurance careers often require strong analytical skills, attention to detail, and excellent interpersonal communication. These roles are crucial for the functioning of a stable economy as they provide a safety net for unforeseen events.
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