Built on meritocracy, our unique company culture rewards self-starters and those who are committed to doing what is best for our customers.
Brown & Brown Risk Solutions is looking for a summer intern to join the Private Equity | Mergers & Acquisitions Practice in New York, NY. The job is hybrid and full remote work is also possible.
Our Practice specializes in providing Transactional Risk (TR) and Representations & Warranties insurance (RWI) to large and middle market private equity firms, infrastructure funds, alternative asset managers, and corporate clients.
The role focuses on analyzing M&A-related risks, preparing policy documentation, and collaborating with internal and external stakeholders to execute deals effectively and efficiently.
The summer intern will support the PEFOMA team and develop relationships with clients and carrier partners. Responsibilities include, but are not limited to:
- Review transaction documents, including purchase agreements, due diligence reports, and financial statements.
- Prepare submissions for Transactional Insurance Products/RWI, including arrange for execution of NDAs between the client and the carriers, collecting underwriting information, drafting submission cover letters and discussing submissions with underwriters.
- Prepare summaries of NBILs with an emphasis on understanding and being able to explain the merits and limitations of different carrier proposals.
- Coordinate due diligence calls with clients, brokers, underwriters, and legal teams.
- Support the underwriting process by gathering and organizing data from virtual data rooms.
- Manage timelines for policy placement.
- Understand and assist with negotiation of policy forms and collection and dissemination of underwriting follow-up information.
- Maintain current information on the market for Transactional Insurance, including appetite for industries, transaction size and other requirements.
- Assist with preparing and coaching clients and advisors on Underwriting Call strategies.
- Attend and conducts carrier meetings/functions as requested.
- Maintain appropriate level of confidentiality and follow company policies and procedures.
Pay Range
25 - 25 Hourly
The pay range provided above is made in good faith and based on our lowest and highest annual salary or hourly rate paid for the role and takes into account years of experience required, geography, and/or budget for the role.
Teammate Benefits & Total Well-Being
We go beyond standard benefits, focusing on the total well-being of our teammates, including:
- Health Benefits: Medical/Rx, Dental, Vision, Life Insurance, Disability Insurance
- Financial Benefits: ESPP; 401k; Student Loan Assistance; Tuition Reimbursement
- Mental Health & Wellness: Free Mental Health & Enhanced Advocacy Services
- Beyond Benefits: Paid Time Off, Holidays, Preferred Partner Discounts and more.
Not reflective of all benefits. Enrollment waiting periods or eligibility criteria may apply to certain benefits. Benefit details and offerings may vary for subsidiary entities or in specific geographic locations.
The Power To Be Yourself
As an Equal Opportunity Employer, we are committed to fostering an inclusive environment comprised of people from all backgrounds, with a variety of experiences and perspectives, guided by our Diversity, Inclusion & Belonging (DIB) motto, “The Power to Be Yourself”.
What We Do
Brown & Brown Insurance provides risk management solutions to help protect what our customers value most. Our four business segments offer insurance products and services to businesses and individuals.
Our culture is built on integrity, innovation, superior capabilities, and discipline. We view insurance differently and use our experience, carrier relationships, and principled customer focus to deliver first-class service and solutions.
Becoming a Brown & Brown teammate introduces you to a career with virtually unlimited possibilities. We think of ourselves as a team, so we have teammates—not employees. We strive to attract people who are competitive, driven, and disciplined. Our unique company culture of meritocracy rewards self-starters and those committed to doing what is best for our customers. We are proud to be certified as a Great Place to Work ®.
Brown & Brown has demonstrated a Culture of Caring through dedication to the people and communities we serve. With more than 11,000 teammates in over 300 locations across the US, Canada, Ireland, the UK, Bermuda, and the Cayman Islands, we actively support numerous organizations in the local communities in which we live, work, and play.
With a long-standing history of proven success, Brown & Brown is one of the insurance industry’s most powerful and influential leaders, ranked as the fifth-largest brokerage in the US and sixth in the world. You can find us on the NYSE as BRO.
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