[Remote] Fund Finance Underwriting Director

Note: The job is a remote job and is open to candidates in USA. Ryan Specialty is a company focused on fund finance opportunities, and they are seeking an Underwriting Director. This role is responsible for planning, coordinating, and evaluating underwriting activities to ensure company profitability through new and existing business.ResponsibilitiesDevelop and implement underwriting strategies, policies, and guidelines for product lines, ensuring alignment with organizational goals and profitabilityAnalyze complex information from various sources (financial documents, market data, etc.) to evaluate risk levels associated with insuring individuals or entitiesAnalyze and underwrite fund finance structures, including rated feeder funds, CFOs, and NAV lending facilitiesBuild and maintain Excel models to evaluate cash flow structures and collateral performanceApply and interpret rating agency methodologies (Moody’s, S&P, Fitch), highlighting sensitivities, structural strengths, and key risk factorsSupport the underwriting workflow by preparing detailed credit memos, risk assessments, and rating agency-style reportsCollaborate with senior underwriters to ensure transaction analysis aligns with internal frameworks and partner expectationsConduct scenario and stress testing across multiple rating assumptionsTrack market developments in fund finance, including rating agency updates, regulatory changes, and investor trendsSkillsBachelor's degree in business administration, economics, finance, or a related field10+ years of experience in fund finance, structured credit, or a related rating agency/analytical roleStrong familiarity with rated feeders, CFOs, or NAV lending facilitiesExperience with rating agency methodologies and the ability to interpret and apply them in underwritingProficiency in Excel-based modeling and credit analysisExcellent analytical, quantitative, and problem-solving skillsStrong written and verbal communication skills with the ability to clearly articulate technical findingsDriven self-starter and capable of working independentlyHandles pressure well and capable of managing multiple tasks and projects simultaneouslyBenefitsPaid time off for company holidaysVacationSick and personal daysPaid parental leaveMental health servicesCompany OverviewRyan Specialty is an insurance firm that provides solutions for brokers, agents, and insurance carriers. It was founded in 2010, and is headquartered in Chicago, Illinois, USA, with a workforce of 5001-10000 employees. Its website is https://ryanspecialty.com.Company H1B SponsorshipRyan Specialty has a track record of offering H1B sponsorships, with 7 in 2025, 5 in 2024, 1 in 2023. Please note that this does not guarantee sponsorship for this specific role.