Underwriter L.A.U.N.C.H Program - BRP

Amwins; Windsor (CT); On-site; USD 49,000 - 60,000; Full time

Benefits offered by this job

Housing during training in Charlotte, 

Relocation assistance

Full benefits package

Competitive starting rates

Generous Paid Time Off

Training and development focus

Mentorship

Industry relationships

Access to leadership

Job summary

The Amwins Underwriting LAUNCH Program offers a structured 9-week education and training track designed to build knowledge of the insurance industry, underwriting practices, and the Amwins organization. Participants will gain leadership and professional skills through case studies, systems training, and networking with Amwins leadership.

Graduates will move into an entry-level underwriting support role with Business Risk Partners in Windsor, CT, with housing provided during training in

Qualifications

• 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 Windsor, CT area.
• Able to work in office.

Responsibilities

• 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.

Skills

Leadership

Entrepreneurial spirit

Problem solver

Highly motivated

Able to work in office

Located in Windsor, CT area

Education

RMI/Finance degree

Job description

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

Benefits:

• Competitive starting rates
• Full benefits package available, benefits start first day of employment
• Housing fully paid by Amwins during training in Charlotte, NC
• Relocation assistance
• Generous Paid Time Off
• Collaborative, continuing-education focused work environment
• We are committed to providing you the best training and development:
• Industry relationships
• Mentorship
• Opportunity to learn and experience multiple lines of business and facet of insurance

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 USD - $60,000 USD