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Senior Underwriting Operations Associate
Company | Ryan Specialty |
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Location | Chicago, IL, USA |
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Salary | $64750 – $75000 |
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Type | Full-Time |
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Degrees | Bachelor’s |
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Experience Level | Senior |
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Requirements
- Bachelor’s in Risk Management or Business with 2+ years of experience; or an advanced degree without experience; or equivalent work experience
- Chartered Property Casualty Underwriter (CPCU), Associate in Commercial Underwriting (AU), Certified Insurance Service Representation (CISR) or Associate in Insurance Data Management (AIDM) is preferred
- Underwriting Knowledge
- Operation Skills
- Data Management
- Regulatory Knowledge
- Organization
- Effective Communication
- Problem-Solving
- Adaptability
- Time Management
- Leadership
- Continuous Learning
Responsibilities
- Support the underwriting process by managing operational tasks such as data entry, document management, and policy issuance.
- Coordinate with underwriters, brokers, and clients to gather necessary information and documents.
- Ensure efficient workflow by prioritizing tasks, managing timelines, and resolving bottlenecks.
- Maintain accurate records of underwriting decisions, policy changes, and client interactions in the company’s database.
- Assist in the development and implementation of underwriting operations policies and procedures.
- Provide training and guidance to junior staff on operational tasks and best practices.
- Participate in quality assurance activities to ensure the accuracy and consistency of underwriting operations.
- Collaborate with other departments such as claims, finance, and legal to ensure seamless service delivery.
- Stay updated with changes in industry regulations and company policies that impact underwriting operations.
- Contribute to continuous improvement initiatives to enhance the efficiency and effectiveness of underwriting operations.
Preferred Qualifications
- Chartered Property Casualty Underwriter (CPCU)
- Associate in Commercial Underwriting (AU)
- Certified Insurance Service Representation (CISR)
- Associate in Insurance Data Management (AIDM)