Posted 3 days ago
Associate Underwriter
AI Summary
An Associate Underwriter services a book of business under supervision, processing insurance applications, binders, policies, and endorsements while assisting with underwriting and new business development.
About this role
When someone needs insurance coverage for the unique, the unusual, or the unconventional, they come to Burns & Wilcox. Our Associate Underwriters directly service a book of business under the supervision of an Underwriter, offering the opportunity to learn the specialty insurance business and career advancements into an Underwriter role. Interested? Join our team!
Responsibilities
- Service a book of business under the direct supervision of an underwriter
- 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 development
- Order and follow up on inspections and 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
Qualifications
- Bachelor’s degree or equivalent combination of education and work experience
- Insurance experience in underwriting and/or brokerage support with excess & surplus lines preferred
- Sales & marketing experience preferred
- Be technologically savvy and data driven
Compensation Package
- Competitive base compensation + bonus. Salary range $60,000-$80,000/Annually
- 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
About Our Company
Burns & Wilcox is the nation’s largest independent wholesale insurance broker and underwriting manager. In 1969, the late Herbert W. Kaufman recognized an opportunity to fill a void in the industry by establishing Burns & Wilcox as a wholesale brokerage and underwriting organization that would provide brokers and agents with unique access to a variety of insurance markets and help place their specialty risks. Today under the leadership of Mr. Kaufman’s son, Alan Jay Kaufman, that entrepreneurial spirit is thriving as Burns & Wilcox offers comprehensive solutions for retail insurance agents of all sizes, from the large alphabet houses to the more than 30,000 brokers and agent partners worldwide.
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, sexual orientation, genetic information or any other status or condition protected by the laws or regulations in the locations where we operate.
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