What are the responsibilities and job description for the Underwriter L.A.U.N.C.H Program - AEU position at Amwins Group, Inc.?
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 three-month training 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 three-month training. After training in Charlotte, the participant will relocate to their respective operating company location. Participants will be expected to travel two to three times a year to Charlotte, NC, or other Amwins offices for additional training over the next few years.
Upon graduation of the three-month program, the candidate will move into an entry level underwriting support role within the American Equity Underwriters (AEU) in Mobile, AL.
Program Assets:
- Targeted education to gain knowledge and understanding of the insurance industry and program insurance
- 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)
Duties will include:
- Participates with Account Executives/Underwriters in the renewal and new business activities that support marketing and underwriting decisions that are consistent with business unit growth and retention goals.
- Partners with Account Executives/Underwriters to establish support needs for new and renewal policies (i.e., identify/gather relevant account information to quote and/or bind the policy; create exhibits, etc.)
- Participates in pre-renewal meetings to define assignments.
- Prepares underwriting/pricing exhibits (i.e., exposures, experience rating, profit and loss analysis, expense models, updated account information, etc.).
- Manages account documentation (i.e., proposals, agreement letters, reinsurance contracts, collateral agreements, policy changes, endorsements, cancellations, etc.).
- Ensures accurate and timely servicing and billing of accounts.
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
Benefits:
- Competitive starting rates
- Full benefits package available, benefits start first day of employment
- Housing fully paid by Amwins during training in Charlotte, NC (approx. three months)
- 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
