Property Underwriter II

Property Underwriter II at Ryan Specialty summary:

The Property Underwriter II is responsible for analyzing and underwriting complex commercial property risks within a $15-25 million book of business, focusing on specialty insurance for catastrophe-prone areas. This role involves developing underwriting guidelines, cultivating broker relationships, mentoring junior underwriters, and collaborating with cross-functional teams to enhance product offerings. The position requires expertise in risk analysis, strong communication skills, and experience in commercial insurance underwriting to support company goals and maintain underwriting excellence.

Position Summary

Velocity Risk, a subsidiary of Ryan Specialty, is seeking an experienced Underwriter II to join our dynamic team. This role is ideal for professionals passionate about specialty property insurance and eager to contribute to a fast-paced, data-driven environment focused on catastrophe-prone risks.

Velocity Risk specializes in Excess & Surplus Property insurance, offering tailored solutions for businesses exposed to hurricanes, earthquakes, wildfires, and other catastrophic perils. We combine cutting-edge data analytics, machine learning, and geospatial imagery with deep industry expertise to deliver superior underwriting and claims management services. Our mission is to connect risk with capital in innovative ways, especially in underserved markets, helping property owners recover quickly and efficiently after loss events.

What will your job entail?

As a Large Commercial Underwriter II , you are responsible for analyzing and underwriting business for Commercial Lines to meet Combined Ratio and capital metric goals. You will be responsible for a $15-25M book of business while developing a team of Underwriter I’s and Underwriter Trainees. You will utilize your underwriting expertise to help determine risk acceptability, pricing, underwriting guidelines, developing positive agency relationships within assigned territories, auditing underwriting files and accounts and improving on underwriting processes. Partnering with other departments and your colleagues, you will provide insights and feedback on ways to further improve and develop the products and services offered.

Key Responsibilities:

• Own a $15–25M Book of Business: Analyze and underwrite complex risks to meet capital metrics and achieve targeted combined ratios.
• Support Strategic Goals: Partner with Senior Underwriters to uphold underwriting excellence and contribute to business unit success through sound decision-making and adherence to best practices.
• Build and Strengthen Broker Relationships: Cultivate new producer partnerships and deepen existing ones to drive profitable growth.
• Collaborate Across Teams: Work closely with the broader Commercial Lines team and cross-functional departments to enhance product offerings and service delivery.
• Lead and Mentor: Manage and coach Underwriting Assistants and provide guidance to Underwriter I’s, fostering a culture of continuous learning and professional development.

Core Skills You Bring:

• Exceptional Communicator: Clear, concise, and persuasive in both written and verbal formats.
• Detail-Oriented Analyst: Sharp eye for accuracy and data integrity, with the ability to spot inconsistencies quickly.
• Organized and Agile: Skilled at managing competing priorities and adapting to time-sensitive demands.
• Trusted Professional: Demonstrated discretion and integrity in handling confidential information.

Your Background:

• Bachelor’s degree in Risk Management, Insurance, or a related field—or equivalent industry experience.
• Minimum of 3 years in commercial insurance underwriting.
• Professional designations (e.g., CPCU, ARM) are a plus.
• Proficiency in Microsoft Office Suite (Excel, Word, PowerPoint, Outlook).

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 $85,855.00 - $90,000.00 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

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 [email protected]

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.

Keywords:

property underwriter, commercial lines insurance, specialty insurance, catastrophe risk, commercial underwriting, broker relationship management, risk analysis, excess and surplus lines, insurance underwriting, insurance risk management