Senior Benefits Underwriter

Position Summary

What will your job entail?

Job Responsibilities:
• Creating and updating underwriting policies and guidelines.
• Evaluating the risk associated with insurance applications and determining appropriate coverage levels.
• Review, analyze, and inspect insurance risks. 
• Act as subject matter expert and advise staff on process, procedures and risk management, rating, and regulations.  
• Ensuring all underwriting activities comply with established procedures and regulations. 
• Oversee and ensure the team is servicing assigned accounts and supporting brokers, in conjunction with other Underwriting and Sales team members within assigned territory.  
• Adhere to the quarterly audit process to assure 100% and timely compliance and take necessary actions on audit recommendations and findings.  
• Work closely with other functional areas: Claims; Actuarial; Operations; Finance; Legal and Compliance.  
• Oversee team and coach the team to achieve overall Ryan Specialty goals in collaboration with Distribution. Work closely and share responsibility for overall revenue goal through new business and retention targets. 
• Providing coaching, support, and educational programs to develop the underwriting team’s expertise. 
• Ensuring all underwriting activities comply with regulatory and compliance requirements.
Work Experience and Education:
• Bachelor’s degree in fields such as business, finance, economics, or a related field.  
• 7+ years of Health Insurance Underwriting

** Experience with Stop Loss preferred

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 policy extends to all aspects of our employment practices, including but not limited to, recruiting, hiring, discipline, firing, promoting, transferring, compensation, benefits, training, leaves of absence, and other terms, conditions, and benefits of employment.

Ryan Specialty seeks to offer our employees a comprehensive and best-in-class benefits package that helps them — and their family members — achieve their physical, financial, and emotional well-being goals. In addition to paid time off for company holidays, vacation, sick and personal days, Ryan offers paid parental leave, mental health services and more.

The wage range for this role considers many factors, such as training, transferable skills, work experience, licensure and certification, business needs, and market demands. The pay range is subject to change and may be modified in the future. Full-time roles are eligible for bonuses and benefits. For additional information on Ryan Specialty Total Rewards, visit our website https://benefits.ryansg.com/. 

We provide individuals with disabilities reasonable accommodations to participate in the job application or interview process, to perform essential job functions, and to receive other benefits and privileges of employment in accordance with applicable law. Please contact us to request an accommodation at [email protected] 

The above is intended to describe this job's general requirements. It is not to be construed as an exhaustive statement of duties, responsibilities, or physical requirements. Nothing in this job description restricts management's right to assign or reassign duties and responsibilities to this job at any time. Reasonable accommodations may be made to enable individuals with disabilities to perform essential functions.