Underwriter - Automobile Dealerships
Ryan Specialty · US
Position Summary The Underwriter will be responsible for evaluating, pricing, and underwriting a wide range of dealership-related risks. This includes workin...
Job description
Position Summary The Underwriter will be responsible for evaluating, pricing, and underwriting a wide range of dealership-related risks. This includes working with retail agents, specialty carriers, and internal teams to generate profitable growth, maintain underwriting discipline, and support production goals. You will manage an established book of business and help expand our footprint in the franchise dealership space. What will your job entail?: Job Responsibilities: Core Underwriting Duties - Underwrite new and renewal Dealers Open Lot (DOL) business for franchised automobile, truck, and boat dealerships. - Evaluate submissions to determine acceptable risk, appropriate pricing, coverage terms, limits, and conditions. - Manage and grow an existing book of business while achieving profitability and production targets. - Administer and monitor underwriting rules, guidelines, and compliance with state laws and insurance regulations. - Maintain strong underwriting judgment and decision-making authority. Coverages Handled: - Comprehensive & Collision - False Pretense - Economic Loss - Weather Reimbursement - Spot Delivery Coverage - Other Auto Dealership specialty coverages as appli...