Property caretaker Jobs in Chicago, IL

Position Summary

The Property Underwriter is responsible for managing a portfolio of accounts and driving new and renewal business opportunities for Property insurance. The role assesses risks associated with insuring properties and liabilities, evaluates applications, analyzes data, and determines coverage terms and premiums to ensure sound underwriting decisions. They develop and maintain underwriting practices and guidelines as per delegated authority and build relationships with brokers and other stakeholders in the designated portfolio.

What will your job entail?

Job Responsibilities :

Underwrites new and renewal property business, analyzes policy forms, broker endorsement requests, and

submitted

documentation as per company underwriting standards and guidelines and obtains

additional

information as needed.

Determines

whether to accept,

modify

or decline a risk through evaluation of the coverage value, location, usage, safety features, and other factors pertinent to the decision.

Determines

appropriate coverage

limits and insurance premiums, policy terms and conditions based on risk assessment and underwriting guidelines and ensures active portfolio management of property and casualty accounts.

Delivers services for new property and casualty business and renewals while

demonstrating

professionalism, technical knowledge, and adherence to underwriting guidelines.

Examines,

identifies

, and evaluates exposures and ensures compliance with state and country laws and guidelines

established

by carriers and the organization.

Provides premium forecasts and business plans to support budget and performance targets.

Maintains existing broker relationships and collaborates across teams to manage production activities such as submissions, quotes, declines, binds, issuance to provide

accurate

timely

, and quality service to clients.

Builds professional, long-term relationships in the designated portfolio and as per delegated authority limits and partners with brokers to create customized insurance solutions as needed to service a client.

Creates opportunities for new business, maximizes retention of assigned portfolio and ensures

timely

review of renewal business to achieve business targets.

Executes marketing activities, attends seminars and training, and stays abreast on market dynamics and property and casualty underwriting trends.

Stays informed about industry trends, emerging risks in the property and casualty sector, terminology, regulations and adjusts underwriting strategies accordingly.

Work Experience and Education :

Bachelor’s degree

or

Master’s degree

in

Risk Management

, Actuarial and Business Administration

required

Any other related discipline or

commensurate

work experience considered.

years of experience in Property Underwriting

Licenses & Certifications :

State P&C and / or surplus line licenses is

required

Chartered Property Casualty Underwriter (CPCU)

a plus.

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.

How We Support Our Teammates

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 target salary range for this position is $72,000.00 - $90,000.00 annually.

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

HR@Ryansg.com

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.