Senior Benefits Underwriter jobs in United States
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Ryan Specialty · 1 day ago

Senior Benefits Underwriter

Ryan Specialty is a company focused on providing innovative insurance solutions, and they are seeking a Senior Benefits Underwriter to enhance their underwriting process. This role involves evaluating insurance applications related to employee benefits and collaborating with various departments to support strategic initiatives for growth in the Healthcare sector.

Financial ServicesInsuranceRisk Management
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Comp. & Benefits

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

Qualification

Health Insurance UnderwritingRisk ManagementPolicy DevelopmentCompliance KnowledgeStop Loss ExperienceFinancial AnalysisTeam Leadership

Required

Bachelor's degree in fields such as business, finance, economics, or a related field
7+ years of Health Insurance Underwriting
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
Providing coaching, support, and educational programs to develop the underwriting team's expertise
Ensuring all underwriting activities comply with regulatory and compliance requirements

Preferred

Experience with Stop Loss preferred

Benefits

Paid time off for company holidays
Vacation
Sick and personal days
Paid parental leave
Mental health services

Company

Ryan Specialty

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Ryan Specialty is an insurance firm that provides solutions for brokers, agents, and insurance carriers.

Funding

Current Stage
Late Stage

Leadership Team

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Katie Davies
CEO of JEM Specialty Underwriters, Technical Risk Underwriters and Per SE (Power.Energy.Risk)
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Jeremiah Bickham
Executive Vice President, Chief Financial Officer
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Company data provided by crunchbase