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RS
Ryan Specialty, LLC
Broker Assistant
Career Insights for Brokerage Clerk
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Scorecard
Based on Illinois data
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What they do
A Brokerage Clerk works on behalf of clients at a stock exchange. Delivers orders to securities brokers, checks final orders and keeps a record of transactions; delivers securities, distributes dividends and provides tax calculations for clients.
$91,095 / year median in Illinois
-6% projected decline
Job Description
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 Brokerage Operations Coordinator is responsible for providing operational support to the brokerage team by efficiently handling day-to-day operational tasks. The role contributes to the seamless functioning of daily operations, ensures compliance with regulations, and facilitates effective communication within the brokerage team. They work closely with brokers to ensure timely transaction completion through paperwork processing and coordinating with other departments in the firm. What will your job entail?
Job Responsibilities:
- Assists in executing and coordinating day-to-day brokerage operations and supports the implementation and improvement of operational procedures.
- Coordinates with the broker to prepare documents, cover letters etc. to market renewal business and provides necessary administrative support in filing, printing, and archiving documents.
- Administers and updates new and current client information in all required systems accurately.
- Maintains accurate and organized records of client accounts, transactions, and other relevant documentation and ensures compliance with record-keeping regulations.
- Performs customer service functions by answering broker requests and questions by telephone, email, chat, or in person.
- Contributes to the preparation of compliance reports related to brokerage operations and collaborates across broker and finance teams on business requirements.
- Adheres to regulatory requirements and internal policies and assists in the preparation of compliance reports.
- Assists in identifying and mitigating operational risks and collaborates with risk management teams to implement controls.
- Supports the Brokerage team with any ad hoc tasks and requests.
Work Experience:
- 0+ years of experience in the Insurance industry or Underwriting.
Education:
- Bachelor's degree required; Business Administration, Sales, and Risk Management preferred.