Underwriting Compliance Specialist

Position Summary

Underwriting Auditor is responsible for planning and conducting audits of underwriting processes to ensure compliance with regulations and policies and identifying key risk areas. The role communicates findings to stakeholders, ensures regulatory compliance, and engages in continuous monitoring to enhance underwriting practices. They implement audit procedures, evaluate risks, and maintain accurate records, conducting regular audits to assess compliance and provide insights for improvement.

• Plans and organizes audits of underwriting processes to ensure compliance with regulatory requirements, company policies, and industry standards.
• Develops an understanding of underwriting practices and policies, identifying key risk areas within the underwriting function.
• Develops and implements audit procedures to evaluate the effectiveness of underwriting practices and adherence to established policies.
• Conducts regular audits of the underwriting processes, policy issuance, and claims handling to assess compliance and identifies areas for improvement.
• Evaluates the risks associated with underwriting practices, policies, and procedures, assessing the adequacy of controls in place.
• Maintains accurate and up-to-date records of underwriting audits, compliance assessments, and related documentation.
• Ensures that all relevant documentation is organized and accessible for internal and external audits.
• Prepares and submits regular reports on the status of underwriting compliance and audit activities to management and regulatory authorities.
• Provides insights and recommendations for improvements based on audit findings, contributing to enhanced underwriting processes.
• Communicates audit findings, recommendations, and compliance issues to relevant stakeholders, including underwriters, brokers, and management.
• Ensures that underwriting practices comply with regulatory requirements, industry standards, and company policies.
• Engages in continuous monitoring of underwriting activities, staying informed about changes in regulations and industry best practices.

Minimum of 5 years experience in Insurance Industry or Underwriting with a Bachelor’s degree, or 3 years experience and a Master’s degree.

Bachelor’s degree required, Master’s degree preferred;
Finance, Business Operations and Risk Management preferred. Any other related discipline or commensurate work experience considered.

• Prescribed:
  Minimum requirements for state P&C and/or surplus line licenses.
• Preferred:
  Certified Internal Auditor (CIA).

Ryan Specialty is an Equal Opportunity Employer. We are committed to building and sustaining a diverse workforce throughout 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, 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.

Our 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.

Ryan Specialty offers a comprehensive and best-in-class benefits package that helps employees and their family members achieve 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 $78,050.00 - $78,050.00 annually. The wage range considers training, transferable skills, work experience, licensure and certification, business needs, and market demands.

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

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.