Captive Senior Benefits Underwriter
Not Disclosed•Full-TimeOn-site
location_onMonroe Harbor, 400, East Monroe Street, Jewelers Row, Loop, Chicago, South Chicago Township, Cook County, Illinois, 60603, United States
About the Role
The Captive Senior Underwriter serves as a strategic partner in driving the long-term profitability of Ryan Specialty Benefits. This position is dedicated to underwriting Health coverage for new business, renewals, and endorsements within a captive insurance model. The role requires a deep understanding of complex employee benefits accounts and the ability to navigate the unique dynamics of captive structures.
You will act as a central hub, collaborating closely with Specialty Sales, the Captive Manager, Claims, Operations, Finance, Legal, Risk, and Compliance. Your work ensures that strategic initiatives are met while maintaining rigorous standards for risk assessment and pricing accuracy. This is a role designed for a seasoned professional who thrives on analyzing medical histories and financial data to articulate clear underwriting analyses and suggest corrective actions to sales teams and broker contacts.
Our Culture and Commitment
Ryan Specialty is an Equal Opportunity Employer committed to building and sustaining a diverse workforce. Our vision is an inclusive and equitable workplace where all employees are valued for their performance and contributions. We believe that differences in race, creed, color, religious beliefs, physical or mental capabilities, gender identity or expression, sexual orientation, and other characteristics bring varied perspectives that add value to the service we provide our clients, trading partners, and communities.
This commitment extends to all aspects of our employment practices, including recruiting, hiring, discipline, and promotion. We provide reasonable accommodations to individuals with disabilities to participate in the application process, perform essential job functions, and receive benefits in accordance with applicable law.
Supporting Our Teammates
We strive to offer a comprehensive, best-in-class benefits package designed to help employees and their families achieve their physical, financial, and emotional well-being goals. Beyond standard paid time off for holidays, vacation, sick, and personal days, Ryan offers paid parental leave, mental health services, and more. Full-time roles are eligible for bonuses and benefits, with additional details available on our Total Rewards website.
Application and Interview Process
To apply, please submit your resume and relevant qualifications through our career portal. We are committed to a fair and accessible hiring process. If you require reasonable accommodations to participate in the job application or interview process, please contact us at HR@Ryansg.com.
Our interview process is designed to assess both technical expertise and cultural fit. Candidates can expect to engage in discussions regarding their experience with captive insurance models, complex underwriting scenarios, and their approach to strategic decision-making and team development.
Similar Job Opportunities
Skills, education and keywords
Skills: Health Insurance Underwriting, Captive Insurance Models, Underwriting Software, Data Analysis Tools, Risk Assessment, Pricing Methodologies, Regulatory Compliance, Policy Development, Compliance Management, Data Analysis.
Education: Bachelor's degree in Business, Finance, Economics, or related field required; Master's degree can substitute for 5 years of experience (3 years with Master's instead of 8).
Frequently asked questions about Captive Senior Benefits Underwriter at Ryan Specialty
What does a Captive Senior Benefits Underwriter at Ryan Specialty do?expand_more
A Captive Senior Benefits Underwriter at Ryan Specialty is responsible for the following: Execute underwriting for Health coverage focusing on renewals and new business; Analyze and evaluate risks using manual and experience rating techniques; Deliver timely and accurate quotes by calculating premiums based on assessed risks; and Review medical histories and financial data to analyze applicant information.
What are the requirements for this Captive Senior Benefits Underwriter role?expand_more
To qualify for the Captive Senior Benefits Underwriter at Ryan Specialty position, applicants should have: Bachelor's degree in Business, Finance, Economics, or related field; Minimum of 8 years of Health Insurance Underwriting experience or 3 years with a Master's degree; Minimum of 3 years of experience working with captive insurance models; and Proficiency with underwriting software and data analysis tools.