Associate Broker

RT Specialty, a division of Ryan Specialty, is a leading wholesale distributor of specialty insurance products and services. Our experienced brokers specialize in property, casualty, professional lines, transportation, and workers’ compensation, providing creative solutions to retail brokerage firms.

Position Summary

The Associate Broker is responsible for ensuring the quality and efficiency of brokerage and delivering client service under the guidance of the broker. The role requires engagement with underwriters to secure optimal pricing and terms for clients, identifying and resolving errors, actively pursuing new business opportunities, and committing to continuous learning and professional development.

Responsibilities

• Ensures quality control across all files, scrutinizing active and expired policies, endorsements, and documentation for accuracy, timeliness, and adherence to policies.
• Drafts error‑free submissions to communicate coverage terms with underwriters, combining technical insurance jargon with clear, client‑friendly language.
• Reviews, analyzes, and underwrites risks, rates submissions for premium and terms, and analyzes exposures for quotes for new and renewal business.
• Issues quotes and binders, processes new business to grow revenues and maintain retention and profitability.
• Delivers customer service during the marketing of new and renewal business to underwriters and clients.
• Possesses understanding of market dynamics and negotiates pricing and coverage terms with underwriters, consistently securing favorable outcomes for clients.
• Communicates corrections and clarifications in all policy documents to clients and underwriters, ensuring transparency with all stakeholders.
• Forges collaborative relationships with clients, agents, and internal teams, encouraging open communication and a culture of trust that results in increased revenues and policy retention.
• Develops a robust network of industry contacts, fostering mutually beneficial relationships that contribute to consistent sales pipeline growth.
• Demonstrates commitment to ongoing professional development by completing assigned educational courses, professional designations, and licensing programs.

Qualifications

• Bachelor’s degree required in Business Administration, Sales, or Risk Management; preferred fields include related disciplines.
• One year of work experience in wholesale brokerage, commercial insurance coverages, sales, or underwriting; other related disciplines or commensurate experience considered.
• Must meet minimum requirements for state P&C and/or surplus line licenses.
• Chartered Property Casualty Underwriter (CPCU) preferred, or Certified Insurance Service Representative (CISR) a plus.

Salary

The target salary range for this position is $60,000.00 - $75,000.00 annually. The wage range may change in the future and is subject to modification.

Equal Opportunity Employer

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 performance and contributions. The policy extends to all aspects of employment practices, including recruiting, hiring, discipline, promotion, transfer, compensation, benefits, training, and other terms and conditions of employment.

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