Senior Underwriter

Position Summary

The primary role of a Healthcare Senior Underwriter is focused on developing and maintaining a profitable book of business by building relationships with internal and external stakeholders. This role must work in our Chicago Wacker office four days per week.

What will your job entail?

• Develop strong, long term relationships with the agents to add to and maintain a profitable book of business

• Manage a book of Hospital business to maintain and enhance strong insured and partner relationships with a goal to retain existing and grow new business.

• Communication of risk appetite and coverage to the agent.

• Maintain strong command of policy language

• Manage internal and external relationships that will contribute to a superior service experience for the agent and broker customer.

• Provide guidance and direction to junior underwriters and underwriting trainees and assistants.

• Solicit renewal information for existing customers and new business submission opportunities.

• Evaluate, prioritize, and select submissions and price risks that will develop an underwriting profit for the carrier; refer or decline risks that present excessive risk.

• Gather pertinent underwriting information and conduct due diligence for risk selection.

• Prepare and analyze pricing models.

• Construct insured-specific risk transfer programs.

• Liaise with resources for individual risk assessment.

• Collaborate with internal team on targeted, desirable accounts. 

• Approve underwriting within the scope of their own Underwriting Authority.

• Recognize and create cross sell opportunities for other products, work with agents to understand options that best meet insured needs.

• Negotiate terms and conditions with the agent or broker.

Education/Experience/Skills:

• Bachelor’s degree or equivalent combination of education and experience.

• 5+ years in Healthcare underwriting experience.

• Underwriting Hospital Excess Lines

• Experience underwriting senior living

• Home state insurance producer’s license required.

• Strong analytical and negotiating skills.

• Ability to work in a fast-paced environment

• Ability to travel to agent and broker, carrier, and employer meetings.

• Ability to work in a highly automated, paperless environment, including specialized software packages.

• Basic computer skills including MS Office Suite.

• Ability to manage workload with minimal supervision.

• Critical attention to details.

• Proficiency in Microsoft Office including, but not limited to Outlook, Word, Excel.

• Proven track record of being a team player.

• May be required to have and maintain a valid driver’s license.

Ryan Specialty is an Equal Opportunity Employer. We are committed to building and sustaining a diverse workforce throughout the organization. Our 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 expression, sexual orientation, and many other characteristics bring together varied perspectives and add value to the service we provide our clients, trading partners, and communities. This