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Join to apply for the Life Science Senior Underwriter role at Ryan Specialty
Position Summary
The Property and Casualty Underwriting Director is responsible for directing the property and casualty underwriting strategy, policies, and processes to deliver profitable growth. The role oversees all aspects of underwriting, business development and retention and leads the development of innovative insurance products. They foster innovation, build key relationships, and collaborate with executives to ensure underwriting business is aligned with Ryan Specialtys strategic and financial goals.
Position Summary
The Property and Casualty Underwriting Director is responsible for directing the property and casualty underwriting strategy, policies, and processes to deliver profitable growth. The role oversees all aspects of underwriting, business development and retention and leads the development of innovative insurance products. They foster innovation, build key relationships, and collaborate with executives to ensure underwriting business is aligned with Ryan Specialtys strategic and financial goals.
Location:
London - UK
What will your job entail?
Job Responsibilities
* Directs and oversees the comprehensive underwriting process for both new and renewed life science accounts to achieve and exceed profitability targets.
* Partners with executives and business heads to craft a compelling underwriting strategy, outlines ambitious revenue targets and market expansion plans.
* Leads the development of innovative products within the underwriting portfolio, leveraging market insights, customer needs, and emerging industry trends.
* Reviews and authorises innovative underwriting solutions and structures and recommends changes as needed to deliver business goals.
* Supervises strategic initiatives and ensures data driven decision making, operational excellence and improved client retention in alignment with Ryan Specialtys vision and objectives.
* Identifies areas for growth and cross-selling, fosters an innovative culture and drives the team to develop new underwriting practices, guidelines, and processes for increased effectiveness.
* Oversees comprehensive risk analysis, evaluates factors such as coverage value, location, usage, safety features to make informed decisions on risk acceptance, modification, or decline.
* Establishes and enforces consistent underwriting best practices within the team, aligning with underwriting guidelines to ensure rating, pricing, profitability, and structuring adequacy.
* Establishes strong relationships with key brokers, clients, and other stakeholders aimed at growing the business.
* Provides training and mentorship to underwriting professionals, focusing on underwriting approaches, compliance, policy documentation, administration, and other best practices.
Work Experience And Education
* Extensive experience in Life Science underwriting within the London Market
Disclaimer
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.
Seniority level
* Seniority level
Director
Employment type
* Employment type
Full-time
Job function
* Job function
Finance and Sales
* Industries
Insurance
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