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Senior Underwriter - Cyber

Ryan Specialty GroupChicago, IL

$140,000 - $175,000 / year

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Overview

Schedule
Full-time
Career level
Senior-level
Compensation
$140,000-$175,000/year
Benefits
Paid Holidays
Paid Vacation
Paid Sick Leave

Job Description

Position Summary

Ryan Financial Lines is a global platform of more than 70 teammates, including a deep bench of product experts and underwriters who work collaboratively to provide a robust and localized underwriting and claims operation for the financial lines market.

What will your job entail?

Key Responsibilities

Broker and Market Support

  • Work with assigned brokers to market Ryan Specialty's eRisk insurance products.
  • Support underwriting goals, including production, profitability, and financial targets.
  • Communicate broker feedback, market concerns, and new opportunities to leadership.

Underwriting and Policy Processing

  • Ensure all policy transactions-quotes, new business, renewals, endorsements, and cancellations-are rated, booked, invoiced, and issued accurately within service standards.
  • Generate quote letters and binder letters for Cyber, Tech E&O, and related eRisk products.
  • Prepare and issue policies for the eRisk department.
  • Manage in‑force accounts and provide ongoing policy servicing.

Communication and Coordination

  • Communicate with brokers, producers, Accounting, and Marketing to answer policy questions and resolve issues.
  • Obtain missing information needed to complete transactions.
  • Contribute to excellent service by responding promptly to inquiries about policy status or underwriting needs.

Systems, Quality, and Documentation

  • Electronically print and upload documents into the imaging system, following labeling protocols.
  • Assist with the quality review of underwriting processes, procedures, and transactions.
  • Work with system support teams to test system releases and verify functionality in production environments.
  • Continuously develop knowledge and skills related to underwriting and eRisk products.

Additional Duties

  • Support product development and enhancement efforts.
  • Complete other tasks as assigned.

Requirements

Experience and Education

  • Bachelor's degree required.
  • Minimum 6+ years of relevant insurance or underwriting experience, preferably with Cyber or Tech E&O products.

Technical Skills

  • Knowledge of cyber insurance and technology E&O products.
  • Strong analytical abilities and high attention to detail.
  • Proficiency in Microsoft Word, Excel, email, and web‑based systems.
  • Strong written and verbal communication skills.
  • Strong math skills for rating and analysis.

Professional Skills

  • Self‑directed and highly organized.
  • Ability to work efficiently in a fast‑paced environment.
  • Ability to follow departmental guidelines, authority levels, and risk management controls.

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 $140,000.00 - $175,000.00 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.

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FAQs About Senior Underwriter - Cyber Jobs at Ryan Specialty Group

What is the work location for this position at Ryan Specialty Group?
This job at Ryan Specialty Group is located in Chicago, IL, according to the details provided by the employer. Some roles may also include multiple work locations depending on the requirement.
What pay range can candidates expect for this role at Ryan Specialty Group?
Candidates can expect a pay range of $140,000 and $175,000 per year.
What employment applies to this position at Ryan Specialty Group?
Ryan Specialty Group lists this role as a Full-time position.
What experience level is required for this role at Ryan Specialty Group?
Ryan Specialty Group is looking for a candidate with "Senior-level" experience level.
What benefits are offered by Ryan Specialty Group for this role?
Ryan Specialty Group offers following benefits: Paid Holidays, Paid Vacation, Paid Sick Leave, Parental and Family Leave, and Health & Wellness Programs for this position. Actual benefits may vary depending on the employer's policies and employment terms.
What is the process to apply for this position at Ryan Specialty Group?
You can apply for this role at Ryan Specialty Group either through Sonara's automated application system, which helps you submit applications 10X faster with minimal effort, or by applying manually using the direct link on the job page.