Business Development Jobs at Ryan Specialty with Visa Sponsorship

Position Summary

RT Specialty is seeking a motivated and experienced Inside ProExec Broker to join our high-performing wholesale brokerage team in Chicago, IL. This role is ideal for an Inside Broker, Associate Broker or Wholesale Broker with 2+ years of experience in ProExec lines of business, with an emphasis on Cyber.

Location: The role is a hybrid role reporting to either our Chicago, New York City, Atlanta or San Francisco office.

What will your job entail?

The Inside Broker will independently manage and broker Commercial ProExec accounts from submission through placement and servicing. This role supports an Office President / Team Leader and plays a critical part in managing and growing a book of Proexec and Cyber business within a wholesale brokerage platform.

Key Responsibilities:

• Independently broker and manage new and renewal ProExec accounts, with an emphasis on Cyber.
• Review and evaluate retail broker submissions.
• Collaborates with brokers to craft seamless service and strategic market placement for commercial accounts, ensuring client satisfaction and loyalty.
• Demonstrates knowledge of commercial insurance coverages, evaluates submissions from retail insurance brokers, and identifies exposures and coverage required.
• Identify carrier appetite across admitted and surplus lines markets specializing in ProExec markets.
• Negotiate pricing, terms, and conditions directly with carrier underwriters.
• Present structured quote comparisons and coverage recommendations to retail brokers to facilitate binding.
• Act as primary liaison between retail brokers and casualty insurance markets for ProExec placements.
• Maintain complete documentation and ensure compliance with wholesale brokerage standards and surplus lines requirements.
• Operate independently in a production-driven environment with minimal oversight.

Required Qualifications:

• Active Property & Casualty License required for consideration
• 2+ years of experience in commercial wholesale or retail brokerage within ProExec lines of business.
• Proven ability to broker accounts with minimal oversight and manage client relationships effectively.
• Strong knowledge of commercial Proexec coverages, carrier appetites, and market dynamics.
• Experience with surplus lines and non-admitted markets.
• Strong negotiation, communication, and organizational skills.
• Production-driven, entrepreneurial mindset.

Preferred Qualifications:

• Bachelor’s degree preferred (Business, Sales, Risk Management).
• Experience brokering a ProExec book of business, heavy in Cyber lines.
• Surplus Lines License preferred.

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 $88,000.00 - $110,000.00 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.

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 HR@Ryansg.com.

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.