Business Analyst

Position Summary

The Business Analyst will play a key role in supporting the development and execution of alternative insurance solution workflows within a dynamic and rapidly growing organization. This position involves providing data-driven insights to guide business strategies, shaping program roadmaps, and contributing to innovative solutions from the ground up. This position requires on-site work and can be based at either of the following locations: Chicago, IL; Walnut Creek, CA; Media, PA; New York, NY.

What will your job entail?

Responsibilities include, but are not limited to:

• Collaborating with cross-functional teams to design and optimize business workflows for alternative insurance solutions.

• Performing data analysis to support strategic decisions and program development.

• Creating reports and dashboards to monitor performance and identify opportunities for improvement.

• Assisting in the development of new tools and processes (e.g., rating methodologies, automation solutions).

• Communicating effectively with internal teams, brokers, and stakeholders to ensure alignment and transparency.

• Supporting compliance and monitoring industry trends to inform business initiatives.

Ideal Candidate Profile:

• Strong interest in the insurance industry and enthusiasm for building innovative solutions.

• Excellent analytical, organizational, and written communication skills.

• Ability to work independently and as part of a collaborative team.

• Comfortable in a fast-paced environment and eager to tackle complex challenges.

• Degree in business, economics, or a quantitative discipline preferred.

• No prior experience required; willingness to learn and grow is essential.

Qualifications

• Bachelor’s degree or minor in Business, Economics, or a Quantitative discipline.

• 0–1 year of experience (entry-level; training provided).

• Strong interest in the insurance industry and willingness to learn.

Skills

• Advanced Excel skills (including formulas, pivot tables; VBA/macros a plus).

• Basic knowledge of SQL for data extraction and manipulation.

• Strong written and verbal communication skills.

• Excellent organizational and time-management abilities.

• Analytical mindset with attention to detail.

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 $64,000.00 - $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.