Underwriter Jobs

RSUM, a division of Ryan Specialty is looking for an Underwriter to join our Melville, NY team. We are a fast paced, energetic and rapidly growing organization that offers a great opportunity for someone interested in further developing their career. Ryan Specialty has been named one of America’s Most Loved Workplaces by Newsweek, and has been named 2021 top Insurance Employer by Insurance Business America.
Position Summary
The RSGUM Underwriter is focused on developing and maintaining a profitable book of business by building relationships with internal and external stakeholders. This role requires an eye on high quality submissions, discussions regarding pricing with the agent and guidance to other coverages appropriate for the insured. Submissions are analyzed in accordance with guidelines set forth within authority granted from appointed E&S, admitted and non-admitted carriers. RSGUM Underwriters work closely with other Underwriting colleagues (junior and senior) as well as Underwriting Assistants in the prioritization and processing of the quotes including risk evaluation, pricing and terms and conditions. The primary roles of the Underwriter include (1) external selling and negotiating, problem solving and relationship management and (2) the effective use of company and carrier specific technology to control E&O exposure and ensure the timely and accurate disposition of policies and endorsements within contractually bound timeframes. RSGUM Underwriters is also accountable for achieving premium budget forecasts, profit and loss, and business development in the assigned territory.
Essential Functions

• Participate in RSGUM underwriting projects as needed.
• Senior level underwriters will provide guidance and direction to junior staff including underwriters and underwriting assistants as needed.
• Negotiate terms and conditions with the agent or broker.
• Other relevant duties as assigned
• Quickly 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.
• Recognize and create cross sell opportunities for other products.
• Develop strong, long term relationships with the agents to add to a profitable book of business.
• Collaborate with internal team on targeted, desirable accounts.
• Minimum of five (5) years underwriting E&S products preferred.
• Ability to travel to agent and broker, carrier, and employer meetings.
• Liaise with resources for individual risk assessment, including financial and COPE data.
• Manage internal and external relationships that will contribute to a superior service experience for the agent and broker customer.
• Holds the appropriate licenses for all marketing jurisdictions.
• Ability to work in a highly automated, paperless environment, including specialized software packages.
• Ability to work in a fast-paced environment
• Bachelors preferred.
• Basic computer skills including MS Office Suite.
• Strong analytical and negotiating skills.
• Work with agents to understand options that best meet insured needs.
• Communication of risk appetite and the RSGUM Value proposition to the agent.