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

Job Description

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 

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