Associate Underwriter

Burns & Wilcox; Salt Lake City (UT); On-site; USD 60,000 - 80,000; Full time

Benefits offered by this job

Health and welfare benefits including

401K with employer match

Paid vacation, sick time, and holidays

Kaufman Institute education

Wellness program

Job summary

Burns & Wilcox, the flagship organization of H.W. Kaufman Group, seeks an Associate Underwriter to support underwriting activities and grow within the specialty insurance sector.

You will underwrite and supervise portions of an underwriter’s book, support renewal and new business development, and work toward full underwriting authority under supervision. You will service a book of business, evaluate risks, prepare quotes, log applications, and assist with endorsements while building

Qualifications

• Bachelor’s degree or equivalent combination of education and experience.
• 2+ years of underwriting support or industry experience with excess and surplus lines preferred.
• Proficiency in sales and marketing preferred.
• Proven organization skills with strong attention to detail.
• Interest in continued education to obtain full underwriting authority.
• Technologically savvy and data driven.

Responsibilities

• Service a book of business under direct supervision of an underwriter.
• Evaluate, classify, and rate risks to prepare quotes.
• Log applications, prepare binders, and process policies and endorsements.
• Bind risk, post invoices, and process technical data.
• Screen renewal applications and assist with renewal letters and quotes.
• Assist with new business development and coordinate inspections and endorsements.
• Manage relationships with retail agents and gather information for underwriting files.

Skills

Underwriting support

Sales & marketing

Organization skills

Attention to detail

Data-driven

Tech-savvy

Education

Bachelor’s degree or equivalent

Tools

Underwriting systems

Microsoft Excel

Job description

Burns & Wilcox, the flagship organization of H.W. Kaufman Group, is North America’s leading wholesale insurance broker and underwriting manager. Burns & Wilcox offers wide ranging and comprehensive solutions to serve retail insurance brokers and agents of all sizes, from the large houses to the more than 30,000 independent brokers and agents worldwide. Fueled by its freedom from Wall Street and private equity, Burns & Wilcox is a privately owned company whose standards of service, depth of market relationships and outstanding talent are unsurpassed in the specialty insurance sector.

Equal Opportunity Employer

The H.W. Kaufman Group of companies is an equal opportunity employer. All employment decisions are based on business needs, job requirements and individual qualifications, without regard to race, color, religion, gender, gender identity, age, national origin, disability, veteran status, marital status, pregnancy, sexual orientation, genetic information or any other status or condition protected by the laws or regulations in the locations where we operate.

In addition, Kaufman will make reasonable accommodations to known physical or mental limitations of an otherwise qualified person with a disability, unless the accommodation would impose an undue hardship on the operation of our business.

Summary: When someone needs coverage for the unique, the unusual, or the unconventional, they come to Burns & Wilcox. Burns & Wilcox offers unparalleled resources and exposure for those looking to grow their career in the specialty insurance industry. We are looking for candidates with an entrepreneurial spirit, drive for career advancement and desire to develop relationships to join our team as an Associate Underwriter. Our Associate Underwriters underwrite and supervise a portion of an Underwriter’s book of business, support renewal and new business development, and have the opportunity to achieve full underwriting authority.

• Service a book of business under the direct supervision of an underwriter
• Evaluate, classify, and rate each risk to determine acceptability, coverage, and pricing to prepare quotes
• Log applications, prepare binders, and process policies and endorsements
• Bind risk, post the invoice, and process technical data
• Screen renewal applications and send out renewal letters; perform some of the underwriting and prepare quotes for underwriter approval
• Assist with new business developmentOrder and follow up on inspections, plus handle endorsement requests and referrals for the underwriter
• Manage relationships with retail agents and follow up on any outstanding information needed to complete the underwriting file
• Bachelor’s degree or equivalent combination of education and experience
• 2+ years of Underwriting support or industry experience with excess and surplus lines is preferred
• Demonstrated proficiency and previous experience in sales and marketing is preferred
• Proven organization skills and ability with a strong attention to detail
• Interest in continued education and professional development to obtain full underwriting authority
• Technologically savvy and data driven

Benefits:

• Competitive compensation. Base salary range of $60,000-$80,000.
• Employer paid continuing education courses and designations via access to Kaufman Institute
• Health and welfare benefits including medical, vision and dental
• 401K with employer match
• Paid vacation, sick time, and holidays
• Access to Kaufman Wellness Program