04/28/2025
Position Summary The Binding Authority Underwriter is responsible for developing and maintaining the book of business by assessing and analyzing insurance risks, determining coverage terms as per binding authority underwriting guidelines and building relationships with internal and external stakeholders. The role reviews and authorizes binding authority requests and ensures compliance with regulatory standards. They collaborate with brokers, negotiate terms, evaluate exposures, and establish premium rates. What will your job entail? Job Responsibilities: • Assess and price renewals, new business, and endorsements according to guidelines outlined in the underwriting manual and within their authority level. • Select and/or verify class code and premium base and rating exposure. • Determine appropriate credits and/or debits to obtain a fair and sustained premium for risk. • Determine coverage forms and necessary endorsements. • Effectively communicate to broker quote...
Ryan Specialty
Richmond, VA, USA
Full Time