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

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 Bloomington, MN to work with Amwins National Transportation Underwriters. 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 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 

Amwins National Transportation Underwriting provides support to our clients through servicing a high volume of accounts while giving great attention to detail. We are looking for individuals who are eager to add their unique value to the team. While working with the industry's leading wholesalers and surplus lines carriers, candidates will have the opportunity to learn the transportation underwriting business from the ground up.

Upon graduation of the 9-week program, the candidate will move into an entry-level underwriting support role with Amwins National Transportation Underwriters in Bloomington, MN. The role combines hands-on account and policy work with direct client contact from day one. Duties will include:

• Set up submission information for new and renewal business in the agency management and rating systems
• Request and follow through on missing information from retail partners and outside sources
• Rate new and renewal business across multiple carrier platforms and internal tools
• Contact carriers directly by phone and email to market risk submissions and identify the best placement for each account
• Quote accounts with retail clients, working alongside the underwriting team on terms
• Build working relationships with retail and carrier partners through consistent, day-to-day communication
• Maintain account logs and monitor reports to keep outstanding items moving
• Complete bind forms, issue policy numbers, and review bound account information
• Handle policy issuance and endorsement processing
• QA policies, proposals, and binding acknowledgements
• Order loss control in accordance with company guidelines; review completed reports and take appropriate action
• Assist with accounting procedures such as invoicing

As you grow in the role:

• Continue building knowledge of transportation products, policy forms, and market conditions
• Learn to market new and renewal accounts, weighing coverage, cost, and market conditions in determining appropriate terms
• Deepen relationships with retail and carrier partners, with opportunities to take on in-person carrier meetings over time
• Take on additional account responsibility as experience and underwriting knowledge build

Pursuant to Minnesota regulation, the compensation range for this position is as stated and includes eligibility for performance-based bonuses. 

Minnesota Pay Range

$55,000—$65,000 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