Company Overview
Ryan Specialty (NYSE: RYAN) is a global leader in specialty insurance, offering a broad range of services including distribution, underwriting, product development, administration, and risk management. We operate as both a wholesale broker and a managing underwriter, committed to delivering cutting-edge insurance solutions to brokers, agents, and carriers.
Responsibilities
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Supports brokers in preparing accounts for new business and renewals, initiating renewal reviews to recommend optimal coverage and enhance client retention strategies.
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Assists brokers in developing market submissions and quote cover letters for agents, while reviewing all incoming documents to ensure completeness and accuracy.
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Cultivates strong relationships with brokers and demonstrates a thorough understanding of brokerage operations to proactively address business needs.
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Collaborates with brokers to drive renewal processes and actively seeks new business opportunities through client referrals.
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Develops strategies for new business opportunities in partnership with brokers, including creating proposals and presentations tailored to potential clients.
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Identifies and mitigates risks associated with accounts, ensuring compliance with industry regulations and internal policies.
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Maintains data integrity by ensuring the accuracy of all new and existing account information within internal systems, creating precise documentation, and consistently meeting quality and service benchmarks.
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Generates reports on key performance indicators and portfolio trends, providing valuable insights to brokers to help grow and enhance their book of business.
Work Experience
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A minimum of 1 year of experience in the insurance industry with a bachelor’s degree.
Education
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Bachelor’s degree required, preferably in Business Administration, Sales, Risk Management, or a related field. Equivalent work experience will also be considered.
Licenses & Certifications
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Required: Active P&C and/or surplus lines licenses as mandated by the state.
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Preferred: Certified Insurance Service Representative (CISR), Commercial Insurance License (CIL).