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Senior Underwriting Operations Associate

Senior Underwriting Operations Associate

CompanyRyan Specialty
LocationChicago, IL, USA
Salary$64750 – $75000
TypeFull-Time
DegreesBachelor’s
Experience LevelSenior

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)