SRU Underwriting Internship Opportunity
2 days ago
Amwins is a leading specialty wholesale insurance distributor in the US, offering tailored products to meet the diverse needs of clients worldwide. Our company is comprised of five core divisions, each providing unparalleled insurance solutions through a combination of extensive partnerships and niche industry expertise.
Special Risk Underwriters (SRU)SRU is one of the largest underwriting groups within the Amwins Underwriting Division, specializing in commercial catastrophic property insurance. As a delegated underwriting group, we service Amwins property brokers exclusively, focusing on disciplined underwriting, conservative portfolio management, and strategic partnerships with international and domestic insurance carriers.
SRU Internship ProgramWe are committed to hiring exceptional talent that fits well within our company culture. Our summer internship program is targeted towards rising college sophomores-seniors, providing a unique opportunity to gain hands-on experience in commercial property underwriting and learn about the excess and surplus lines insurance industry.
Internship Details- Duration: 9 weeks
- Full-time position
- Location: Amwins Birmingham
- Basic knowledge of the excess & surplus lines insurance industry and value chain
- Understanding of the different functions of retail agencies, wholesale brokers, MGA/carrier, and reinsurance in the wholesale distribution space
- Insight into the day-to-day operations of an MGA
- Knowledge of underwriter-broker and underwriter-carrier relationships in an MGA model
- Understanding of how MGAs offer competitive advantages to insurance carriers
- SRU underwriting platforms, tools, and strategy of deploying capacity
- AMWINS strategy and culture that drives success in a competitive market space
- Assist with qualification of accounts while working with underwriting teams
- Perform necessary evaluation and reporting on account characteristics
- Help Associate Underwriters with processing necessary functions for account submissions and bound policies
- Work up SRU Online submissions, assisting in the underwriting process from start to finish
- Manage account log for SRU submissions
- Enrolled at an accredited college or university
- Pursuing a Business degree or a related program
- Recommended GPA of 3.0 or above
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SRU Underwriting Internship Opportunity
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Birmingham, Alabama, United States AmWINS Group Full timeAbout AmwinsAmwins is a leading specialty wholesale insurance distributor in the US, offering tailored products to meet the diverse needs of clients worldwide. Our company is comprised of five core divisions, each providing unparalleled insurance solutions through a combination of extensive partnerships and niche industry expertise.Special Risk Underwriters...
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