Captive Senior Benefits Underwriter

Position Summary The Captive Senior Underwriter is responsible for underwriting Health coverage for new business, renewals, and endorsements. This role collaborates closely with Specialty Sales, the Captive Manager, Claims and Operations, Finance, Legal, Risk, and Compliance to ensure strategic initiatives that contribute to the long‑term profitability of Ryan Specialty Benefits. Key Responsibilities Execute underwriting for Health coverage, focusing on renewals and new business, using manual rating and experience rating techniques. Analyze, select, and evaluate risks, articulate underwriting analyses and suggest corrective actions to sales teams and broker contacts. Deliver timely, accurate quotes/binders by determining and calculating premiums based on assessed risks and requested coverage. Evaluate risk associated with insuring applicants using pertinent underwriting software and established guidelines. Meet new business premium targets, premium retention goals, and loss ratio expectations for a designated territory. Provide servicing for assigned accounts and brokers in coordination with Underwriting and Sales teams within the territory. Prepare and review case referrals for approval where applicable. Analyze applicant information by reviewing medical histories, financial data, and other pertinent information. Work collaboratively with internal stakeholders across Claims, Actuarial, Operations, Finance, Legal, and Compliance. Ensure compliance with all internal and external standards and participate in implementing new compliance protocols. Support overall revenue goals by collaborating with Distribution to achieve new business and retention targets. Engage in professional development to remain current with industry trends, regulations, and best practices. Participate in quarterly self‑audit processes to ensure compliance and implement necessary actions based on audit findings. Provide training and support to ensure adherence to underwriting authority and sales practices. Strategize with territory team members to identify target market segments and strengthen broker distribution relationships. Qualifications Bachelor’s degree in Business, Finance, Economics, or related field. Minimum of 8 years of Health Insurance Underwriting experience or 3 years with a Master’s degree. At least 3 years of experience working with captive insurance models. Proven experience in underwriting complex employee benefits accounts. Strong knowledge of underwriting principles, risk assessment, pricing methodologies, and regulatory compliance. Demonstrated leadership and mentoring skills. Excellent analytical, communication, and interpersonal skills. Proficiency with underwriting software and data analysis tools. Technical / Functional Skills Advanced underwriting and risk assessment expertise. Policy development and compliance management. Pricing and quoting accuracy. Data analysis and reporting. Behavioral / Leadership Skills Strategic decision‑making. Leadership and team development. Effective communication and collaboration. Attention to detail and problem‑solving. Adaptability and continuous learning. 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 and evaluated on performance and contributions. Benefits Target salary range: $128,000.00 – $160,000.00 annually. Full‑time roles eligible for bonuses and benefits. Paid time off for company holidays, vacation, sick and personal days. Paid parental leave. Mental health services. Comprehensive benefits package supporting physical, financial, and emotional well‑being for employees and families. Reasonable accommodations for individuals with disabilities to participate in the application or interview process, perform essential job functions, and receive other employment privileges. Additional Information The wage range considers training, transferable skills, work experience, licensure and certification, business needs, and market demands. The pay range is subject to change. For additional information on Ryan Specialty Total Rewards, visit The above is intended to describe this job’s general requirements and is not an exhaustive statement of duties or physical requirements. Management may assign or reassign duties at any time. Reasonable accommodations may be made to enable individuals with disabilities to perform essential functions. #J-18808-Ljbffr