Intern

WHO WE ARE:

Burns & Wilcox is a dynamic industry leader in the specialty insurance and brokerage business. With multiple sales offices located throughout the US, we are the largest specialty insurance wholesaler in North America.

The windmill powered farm, the famous pianist’s hands, the huge concert venue; these are just a few of the types of coverage that can be underwritten at Burns & Wilcox. Our brand pillars exemplify our determination and creativity. Our employees are smart, broad, quick and agile. We always go the extra mile to meet the specialized needs of our agents and agencies.

We are recognized around the world for our underwriting and brokerage expertise in specialty lines, professional and commercial liability, and property and personal lines. Our employees feel part of an extended family, enjoying a strong team-oriented culture and a friendly working environment.

Burns & Wilcox is committed to being at the forefront of the specialty insurance industry. Consistently profitable, Burns & Wilcox has experienced significant growth over the last several years.

At Burns & Wilcox, we value smart people, smart products, and smart solutions. We invite you to consider joining our winning team!


THE JOB OPPORTUNITY:

Assistant Underwriter

WE OFFER THE SUCCESSFUL CANDIDATE THE OPPORTUNITY TO:

* Produce business in assigned territories
* Participate in a highly lucrative sales incentive plan
* Access the breadth of our products and markets
* Use cutting-edge technology to deliver high quality service to agents and agencies
* Responsible for ensuring the correct technical data on a risk is input into ConceptOne.
* Binding risk, posting the invoice and processing technical data into ConceptOne as well as other on-line formats.
* Follow up for any outstanding information needed to complete the underwriting file.
* Order and follow up on inspections and referral to the underwriter as necessary.
* Some initial review of the inspection will be done.
* Inspection bills to be verified and bordereau for reimbursement maintained.
* Handle endorsement requests and referral to the underwriter as necessary.
* Handle bordereau reports and follow up with necessary parities for missing information. Submission of bordereau/reports to London upon underwriter approval.
* Screen renewals and send out renewal letters. Screen renewal applications, performing some of the underwriting on these and prepare the quotes for underwriter approval.
* Respond to underwriter for support and assistance
* Miscellaneous filing on a day to day basis
* Project work as assigned by underwriter

WE EXPECT THE SUCCESSFUL CANDIDATE TO:

* Manage relationships with retail agents
* Maintain producer files including distribution of marketing brochures and mailing contract information to new producers
* Maintain quality of end product verifying prepared documents follow established procedures
* Have knowledge of or perform computer data entry of quotations, binders and related support documents
* Respond to requests for coverage on a timely basis
* Monitor critical areas, such as loss ratio, costs, retention ratio and new business hit ratio, formulating corrective action where necessary
* Work closely with companies to write new and renew business.
* Be technologically savvy and data driven

QUALIFICATIONS:

* Bachelor's degree in progress at RMI school

Job Requirements:

Req. Code : 1425
Division/Department : Burns & Wilcox