Assistant Vice President, Middle Market Business (MMB) Underwriting

Company: R T Specialty, LLC
Location: Chicago
Posted on: June 1, 2025

Job Description:

Position SummaryAs our AVP of MMB, you are responsible for leading a book of business and serving as a top Underwriter as well as leading and building a successful team of underwriting professionals. A large part of this role will be analyzing and underwriting renewal business for Commercial Lines. You will be responsible for a $25-35M book of business which includes determining risk acceptability, pricing, underwriting guidelines, developing positive agency relationships within assigned territories, auditing underwriting files and accounts and improving on underwriting processes. In addition to the underwriting function of your role, you will be empowered to lead and develop a team of Underwriters and Underwriting Assistants. You will coach and mentor your team on underwriting best practices, building their skills and proficiency, and help them gain a better understanding of the MGA business and our corporate strategies. You will help guide and teach the next level of leaders (Sr. Underwriters) what it takes to be a successful underwriter and a valuable people leader. As a part of our extended leadership team, you will play a key role in collaborating across business units to provide valuable insight and strategic thought partnership to further develop our other business functions and processes such as Distribution, Claims Excellence, Tech/Ops, and Training & Development.What will your job entail?Job Responsibilities:

• Underwriting knowledge - A strong foundational knowledge of best practices and underwriting strategy.
• Results-driven and Autonomous - Self-motivated to succeed and drive the business to succeed.
• Communication - able to communicate messages and goals clearly and effectively both downwards and upwards within the organization.
• Decision Quality - able to make good decisions under pressure related to both underwriting and people.
• Organized with a keen attention to detail - focused and attentive to correct data and pinpointing any inaccurate information quickly and efficiently.
• Excellent Relationship Management - Build impactful and beneficial relationships with partners both internally within the team and externally in the market.
• Multi-tasking - nimble and flexible with the ability to pivot between tasks and projects.
• Leadership - Able to develop talent through empowerment and coaching and lives the values of Velocity.The core responsibilities of this role are---
  • Underwriting a GWP $25-35M book of business
  • Assist the Head of MMB in overseeing the underwriting functions of MMB.
  • Partner with business units (Claims, Compliance, Operations) to prioritize projects, efficiencies and best practices for optimal underwriting and business performance.
  • Lead a team of underwriters and underwriting assistants
    Work Experience and Education:
    --- Bachelor's degree or equivalent industry experience
    --- 7+ years of commercial insurance experience
    --- Professional insurance designations a plus
    --- Previous management and leadership experience
    
    Technical/Functional Skills:
    - Underwriting
    - Strategic Planning
    - Risk Assessment
    - Risk Management
    - Mentorship
    - Regulatory Compliance
    
    Behavioral Skills:
    - Leadership
    - Decision-Making
    - Effective Communication
    - Problem-Solving
    - Continuous Learning
    - AdaptabilityRyan 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 TeammatesRyan 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 $160,000.00 - $200,000.00 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.comThe 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.About UsRyan Specialty is a leading international specialty insurance firm which offers wholesale brokerage services, delegated underwriting expertise in the form of binding authorities, programs and highly specialized managing general underwriting companies, and other services designed specifically for brokers, agents and insurers. Ryan Specialty's mission is to be the most trusted trading partner of insurance brokers, agents and insurance carriers.Ryan Specialty, LLC and its affiliates ("Ryan Specialty") do not accept unsolicited resumes or candidate profiles submitted by any staffing agencies, placement services, or professional recruiters ("Agencies"), including any submissions made through our website or to email accounts of Ryan Specialty employees. Agencies must obtain advance written approval from Ryan Specialty's HR department to submit resumes and candidate profiles, and then only in conjunction with a valid, fully executed contract for service and in response to the particular search for which Ryan Specialty has engaged such Agency. Agency fee agreements will only be valid if in writing and signed by a member of Ryan Specialty's HR team. No other Ryan Specialty employee is authorized to bind Ryan Specialty to any agreement regarding placement of candidates by any Agency. Any unsolicited resume or candidate profile received from an Agency without prior approval from Ryan Specialty's HR department and in compliance with Ryan Specialty's candidate submission process shall be considered unsolicited, gratuitous and property of Ryan Specialty for recruiting purposes and, as such, is not subject to payment of any Agency fees.
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Keywords: R T Specialty, LLC, Orland Park , Assistant Vice President, Middle Market Business (MMB) Underwriting, Executive , Chicago, Illinois