Ryan Specialty is hiring: Underwriter I, Recreational Marine in Boston

Primary Responsibilities: Underwrite new and renewal marine business in accordance with underwriting guidelines, risk appetite, delegated authority, carrier requirements, and applicable laws and regulations. Review applications, loss information, exposure data, inspections or surveys, financial information, policy forms, endorsements, and other submission materials; request additional information when needed. Assess risk characteristics and accumulation or catastrophe exposure, then accept, modify, refer, or decline risks within established authority. Determine or recommend appropriate limits, deductibles, rates, premiums, terms, conditions, exclusions, subjectivities, and coverage structure. Prepare and communicate quotes, indications, bind requests, declinations, and renewal terms accurately and within service expectations. Manage an assigned portfolio by monitoring rate, retention, mix of business, loss activity, exposure changes, and overall underwriting performance. Identify opportunities for new business, account rounding, cross-selling, and retention while maintaining underwriting discipline. Negotiate coverage and pricing with brokers or agents and explain underwriting decisions, information requirements, and product appetite. Maintain complete, accurate, and timely underwriting documentation in designated systems and support policy issuance, endorsements, audits, and file reviews. Partner with claims, actuarial, operations, compliance, finance, risk engineering or loss control, legal, and other teams to evaluate risk and improve portfolio outcomes. Monitor market conditions, emerging marine exposures, regulatory developments, loss trends, and competitor activity; share relevant insights with the team. Participate in broker meetings, client visits, industry events, training, and business planning activities as assigned. Underwriting Decision Factors Depending on the product, the role may evaluate factors such as: Insured operations, ownership, management experience, controls, and financial condition. Cargo type, values, packing, storage, mode of transit, conveyance, routes, territories, and loss-prevention practices. Vessel type, age, construction, condition, valuation, flag, class, maintenance, navigation limits, and intended use. Operator, crew, or captain experience; contractual risk transfer; legal or regulatory requirements; and third‑party exposures. Historical loss experience, frequency and severity trends, catastrophe exposure, sanctions or restricted‑territory considerations, and concentration of values. Reinsurance requirements, referral thresholds, policy wording, and aggregation across related risks.

Qualifications: RequiredMinimum of 3 years of commercial property and casualty underwriting experience; include minimum marine underwriting experience if essential. Working knowledge of underwriting principles, policy forms, pricing concepts, exposure analysis, and portfolio management. Ability to analyze complex submissions, make timely decisions, document rationale, and operate within delegated authority. Strong communication, negotiation, relationship management, organization, and attention to detail. Proficiency with underwriting systems, Microsoft Office applications, and data or reporting tools used by the business. Ability to obtain and maintain required property and casualty and/or surplus lines licenses in applicable jurisdictions. Preferred Bachelor's degree in insurance, risk management, business, finance, maritime studies, or a related field; equivalent relevant experience may be considered. Professional designation such as CPCU, AU, ARM, AMIM, CIC, or another relevant insurance credential preferred, but not required. Experience working with wholesale brokers, retail agents, managing general underwriters, carriers, or specialty insurance markets. Chartered Property Casualty Underwriter (CPCU) is 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 p