Sr. Underwriter

Position Summary

The Senior Energy Underwriter is responsible for managing a portfolio of energy‑sector accounts and driving both new and renewal business opportunities across the energy insurance market. This role evaluates complex operational and environmental risks inherent to energy operations, reviews applications and technical documentation, analyzes exposure data, and determines appropriate coverage terms, conditions, and pricing to support sound underwriting decisions. The Energy Underwriter develops and maintains underwriting practices and guidelines in accordance with delegated authority and actively builds strong relationships with brokers, clients, and industry stakeholders within the assigned portfolio.

What will your job entail?

• Underwrites new and renewal energy-sector risks, evaluating submissions, policy forms, broker requests, engineering reports, and supporting documentation in alignment with corporate underwriting standards and energy‑specific guidelines. Obtains additional technical data as needed.

• Assesses and determines risk acceptability, deciding whether to accept, modify, or decline accounts based on analysis of exposure type, operational hazards, geographical considerations, safety controls, loss history, and other critical factors relevant to energy operations.

• Establishes appropriate coverage structures, including limits, premiums, terms, and conditions, based on risk evaluation and established underwriting strategies. Ensures disciplined portfolio management across energy lines of business.

• Delivers high‑quality underwriting service for new and renewal energy accounts, demonstrating strong technical competence, industry knowledge, and adherence to underwriting authorities and compliance standards.

• Identifies and evaluates complex operational exposures, ensuring compliance with regulatory, environmental, and industry‑specific requirements (domestic and international) established by carriers and governing bodies.

• Develops premium projections and contributes to business planning, supporting budget goals, profitability targets, and sustainable portfolio performance.

• Maintains and strengthens broker relationships, collaborating closely with internal teams to manage the full underwriting cycle-including submissions, pricing, quotes, bind orders, and policy issuance-to provide accurate and timely service to clients.

• Builds long‑term professional relationships within a designated energy portfolio, operating within delegated authority and partnering with brokers to design tailored insurance solutions for clients in the energy sector.

• Drives new business opportunities while maximizing retention, ensuring proactive review of renewals and execution of strategies that meet growth and profitability objectives.

• Participates in marketing and industry engagement activities, attending market events, webinars, and training sessions to remain current on competitive dynamics, regulatory developments, and emerging energy underwriting trends.

• Maintains up‑to‑date knowledge of energy industry risks, evolving technologies, market conditions, regulatory requirements, and underwriting best practices, adjusting strategies to align with industry changes.

Work Experience and Education

• Bachelor's degree or Master's degree in Risk Management, Business Administration, Engineering, Actuarial Science, or a related field; equivalent work experience considered.
• 5+ years of experience in Energy Underwriting or underwriting within related industrial sectors.

Licenses & Certifications

• Must meet minimum requirements for applicable state insurance licenses and/or surplus lines licenses.
• Professional designations such as CPCU, ARM, or energy‑focused certifications are 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 $132,000.00 - $165,000.00 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.