Binding Authority Underwriter

RT Specialty, a division of Ryan Specialty, is a leading wholesale distributor of specialty insurance products and services. Our experienced brokers are specialized in property, casualty, professional lines, transportation and workers’ compensation, providing creative solutions to retail brokerage firms. We define ourselves through our superior execution on behalf of our clients, which has established us as a leader in the industry.

Position Summary

We are seeking a Binding Authority Underwriter to join our growing team in San Francisco. This is an excellent opportunity for an early-career underwriting professional who is looking to build expertise within binding authority while working alongside a collaborative, high-performing team.

The successful candidate will support the management and growth of a profitable book of business, focusing on renewals and new business opportunities within the property and real estate space. This role combines analytical underwriting, relationship management, and portfolio development, providing exposure to a wide range of risks while offering opportunities for continued professional growth.

Our team is highly collaborative, hardworking, and selective about the talent we bring onboard. We value individuals who can work independently, take ownership of their responsibilities, and contribute to a culture that balances strong performance with a family-oriented environment.

Location: This role will be a hybrid opportunity out of our San Francisco office (44 Montgomery Street Suite 2000 San Francisco, CA 94104)

What will your job entail?

• • Underwrite and price new business, renewals, and endorsements within delegated authority.

  • Evaluate submissions and risk exposures to determine appropriate pricing, terms, and coverage solutions.

  • Analyze property and real estate-related risks and apply sound underwriting judgment to support profitable outcomes.

  • Review classifications, rating information, and premium calculations for accuracy.

  • Communicate quote terms, conditions, and underwriting requirements effectively with brokers and agency partners.

  • Maintain complete and accurate underwriting documentation within company systems.

  • Coordinate policy issuance and endorsement processing in a timely manner.

  • Order and review inspections, loss information, and underwriting reports to assess risk quality.

  • Develop and maintain productive relationships with brokers, agents, and internal business partners.

  • Manage an established renewal portfolio, with opportunities to expand into larger accounts

  • Monitor renewal opportunities and identify profitable new business prospects.

  • Collaborate with underwriting and cross-functional teams to deliver solutions for complex risks.

  • Ensure underwriting decisions comply with company guidelines, regulatory requirements, and authority levels.

  What Success Looks Like

  • Successfully managing and retaining a profitable renewal book of business.

  • Demonstrating sound underwriting judgment and consistent decision-making.

  • Building strong broker and agency relationships.

  • Meeting service level expectations for quotes, renewals, and policy processing.

  • Identifying opportunities to grow the portfolio while maintaining underwriting discipline.

  • Working independently while contributing positively to the team's collaborative culture.

  • Maintaining high-quality underwriting files and documentation.

  Team & Culture

  • Tight-knit, highly collaborative underwriting team.

  • Family-oriented culture that values accountability, professionalism, and teamwork.

  • Team members are empowered to manage their responsibilities independently and take ownership of their results.

  • Quarterly team events and celebrations recognizing accomplishments and fostering connection.

  • Environment focused on delivering results while supporting professional development.

  Required Qualifications

  • Bachelor's degree preferred; equivalent experience will be considered.

  • 1+ years of commercial insurance underwriting experience.

  • Experience as a Renewal Underwriter or similar underwriting role with either another wholesale, carrier or retail brokerage.

  • Exposure to property and/or real estate-related risks.

  • Understanding of commercial insurance fundamentals, policy forms, coverage analysis, and underwriting principles.

  • Strong analytical and decision-making skills.

  • Excellent organizational and communication skills.

  • Ability to manage multiple priorities in a fast-paced environment.

  • Strong relationship-building skills and a customer-focused mindset.

  Preferred Qualifications

  • Active Property & Casualty license

  • Experience within Binding Authority, MGA, E&S, or delegated authority environments.

  • Knowledge of property-focused insurance products and real estate exposures.

  • CPCU, CIC, or progress toward professional insurance designations.

  • Experience working directly with agency or broker partners.

  • Demonstrated interest in growing underwriting expertise and managing a larger book of business.

  Why Join Us?

  • Opportunity to develop your underwriting career within a growing Binding Authority business.

  • Exposure to property and real estate risks across a diverse portfolio.

  • Ability to manage and grow a meaningful book of business.

  • Collaborative team environment with strong mentorship and support.

  • Hybrid work flexibility in San Francisco.

  • Clear opportunity to expand underwriting responsibilities and contribute directly to portfolio growth.

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 $78,750.00 - $80,000.00 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 https://benefits.ryansg.com/. 

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.