Amwins Underwriting believes specialization matters. With 20 operating companies spanning property, casualty and professional lines and representing more than 100 programs across numerous industries, we are perfectly positioned to deliver the niche underwriting expertise and creative solutions for our clients.
Underwriter L.A.U.N.C.H Program
Leadership, Aptitude, Underwriting Principles, Networking, Culture, Hands on
Position Summary
The Amwins Underwriter L.A.U.N.C.H Program is an education and training program hosted by the Amwins Underwriting division. Participants will take part in an intensive 9-week program to gain a deep knowledge of the insurance industry, underwriting practices, and the Amwins organization. This program helps candidates develop a variety of professional skills while providing opportunities to network across multiple facets of the organization. For a highly motivated individual, the education and exposure in this program will support a candidate’s desire to excel in his or her underwriting career.
The training program will be hosted in Charlotte, NC, where Amwins is based. Participants will be provided housing during the 9-week training. After training in Charlotte, the participant will relocate to Windsor, CT to work with Business Risk Partners. Participants will be expected to travel no more than two times a year to Charlotte, NC, or other Amwins offices for additional training over the next few years.
Program Assets:
Targeted education to gain knowledge and understanding of the insurance industry and program insurance
Knowledge checks with case studies, systems training, and presentations
Professional development training such communication, professional etiquette, networking, etc
Substantial interaction with Amwins leadership, including the C-suite
Exposure to the Amwins Group Support Team and home office
Opportunity to build long-lasting relationships with a cohort of talent
Understanding of Amwins systems and technology
Continued education and training to complement on-the-job duties (leadership, industry knowledge, etc)
What we are looking for:
RMI/Finance degree preferred early in career (less than 2 years of experience)
Interest and passion for insurance and underwriting
Demonstrated leadership skills
Entrepreneurial spirit
Highly motivated
Problem solver
Located in the listed area
Able to work in office
Business Risk Partners (BRP) is a Windsor-based Specialty Lines Managing General Agency writing Management Liability, Professional Liability and a range of specialty products. While a small company, BRP is part of Amwins, the world’s largest specialty insurance wholesaler, giving our teams deep resources and plentiful opportunities. Our core values of Innovation, Integrity and Accountability are top of mind, and our size means new team members work alongside experienced underwriting professionals and company leadership from day one.
Upon graduation of the 9-week program, the candidate will move into an entry-level underwriting support role within Business Risk Partners, joining one of our three teams: Management Liability, Professional Liability, or Operations. Duties will include:
Review and verify applications, supplemental documentation, and subjectivities for completeness and compliance with underwriting guidelines.
Prequalification for most risks.
Assist in binding, issuing policies, endorsements, mid -term change requests, prepare and deliver policy documents.
Maintain accurate electronic files and ensure all risk data is properly entered into underwriting systems for auditing purposes.
Communicate with brokers, agents, and carriers to gather missing information and clarify underwriting requirements.
Support underwriters with administrative tasks.
Understands what underwriting material is required to quote the risk, can identify missing information; including reviewing and verifying data regarding claims, loss runs.
Files documentation for underwriters.
Prepares audit files for annual carrier audits.
Pursuant to Connecticut regulation, the compensation range for this position is as stated and includes eligibility for performance-based bonuses.
Connecticut Pay Range
$49,000—$60,000 USD
The Amwins Advantage: Benefits & Perks
Medical, Dental, Vision available your first day of employment
Choice of medical plans through Blue Cross Blue Shield; Kaiser available for CA employees
Mental health support including:
Virtual therapy
Digital coaching
24/7 EAP counseling
Company-paid Basic Life & AD&D Insurance, Short-Term Disability, and Employee Assistance Program
Health Savings Account with company contributions
Health Care FSA, Dependent Care FSA, and Commuter Benefits
Parental Leave and Adoption Assistance
Voluntary coverage options:
Life Insurance
Critical Illness
Accident
Identity Theft Protection
Retiree medical benefits available for Medicare-eligible retirees
401(k) with company match
Generous Paid Time Off and Company Holiday Schedule
Collaborative, continuing education focused work environment
Career advancement opportunities
Description provided by Amwins Internships via its job board.