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
The Inside Broker plays a critical role in supporting the placement, management, and growth of Healthcare and Medical Malpractice Liability business within a highly specialized wholesale brokerage environment. Working closely with producers, carrier partners, and retail agency clients, this role evaluates risk exposures, develops placement strategies, negotiates coverage terms, and delivers tailored insurance solutions for healthcare organizations and medical professionals.

This position serves as a key liaison between retail brokers and carrier partners, leveraging strong technical expertise and market knowledge to secure competitive coverage solutions and drive exceptional client outcomes. The ideal candidate brings commercial insurance placement experience, strong relationship management skills, and a consultative approach to risk analysis and market strategy.

As part of a rapidly growing Healthcare Practice, this role offers significant visibility, collaboration, and long-term career growth opportunities.

Location: This role will work 4 days in the office, Mon-Thurs and one day work from home. Our Chicago office is located at 540 W Madison Ave, 9th Floor Chicago, IL)

What will your job entail?

Key Responsibilities

Risk Analysis & Placement

• Review and evaluate healthcare and medical malpractice submissions to identify exposures, coverage needs, and placement opportunities.
• Analyze complex risks and develop strategic placement approaches for healthcare-related accounts.
• Market submissions to carrier partners and identify the most appropriate insurance markets based on coverage requirements and underwriting appetite.
• Negotiate pricing, coverage terms, conditions, and program structures with insurance carriers.
• Present coverage options and placement recommendations to brokers and retail agency partners.
• Ensure the successful placement and binding of new and renewal business.

Broker & Client Relationship Management

• Serve as a trusted resource to brokers, retail agents, and carrier partners throughout the placement process.
• Build and maintain strong relationships with insurance markets and agency partners.
• Collaborate with producers and senior brokers to develop placement strategies that support client retention and growth.
• Respond promptly to client, broker, and carrier inquiries while delivering a high level of service.

Portfolio Management & Growth

• Support the management and retention of a large Healthcare and Medical Malpractice Liability portfolio.
• Identify opportunities to expand relationships, improve account outcomes, and support business growth.
• Monitor market conditions, coverage trends, and emerging risks impacting healthcare organizations and medical professionals.
• Contribute to the continued growth and profitability of the Healthcare Practice.

Operations & Documentation

• Maintain complete and accurate account documentation throughout the policy lifecycle.
• Ensure compliance with carrier requirements, regulatory guidelines, and internal brokerage procedures.
• Utilize internal systems and technology platforms to manage submissions, documentation, and workflow processes.
• Participate in ongoing professional development, licensing, and technical training opportunities.

Lines of Business

The Healthcare Practice focuses on placements including:

• Medical Malpractice Liability
• Healthcare Professional Liability
• Allied Healthcare Professional Liability
• Miscellaneous Medical Professional Liability
• Physicians & Surgeons Professional Liability
• Hospitals and Healthcare Facilities
• Long-Term Care Facilities
• Senior Living Organizations
• Behavioral Health Risks
• Managed Care Organizations
• Healthcare Services Organizations

Required Qualifications

• Active Property & Casualty (P&C) License.
• 5+ years of Commercial Insurance experience.
• Experience evaluating, marketing, placing, or servicing commercial insurance accounts.
• Strong understanding of insurance coverage concepts, risk analysis, and policy structure.
• Excellent negotiation, communication, and relationship-building skills.
• Ability to manage multiple priorities and deadlines in a fast-paced brokerage environment.
• Proficiency with Microsoft Office applications.
• Strong analytical and problem-solving abilities.

Preferred Qualifications

• Experience within a wholesale insurance brokerage environment.
• Experience placing or underwriting Healthcare Liability, Medical Malpractice, Professional Liability, or other specialty casualty lines.
• Existing relationships with healthcare-focused carrier markets.
• Experience analyzing complex healthcare risks and developing market placement strategies.
• Knowledge of wholesale brokerage operations and carrier marketing processes.
• Experience utilizing ImageRight, AIM, or similar insurance management systems.
• Bachelor's degree 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 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 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.