Associate Underwriter Trainee, Surety - Starting in June 2027 - Morristown, NJ
About The Position
Crum & Forster is hiring an Associate Underwriter Trainee for its Surety Division, based at the company’s corporate headquarters in Morristown, New Jersey. The role is part of an 18-month training program intended to build a strong technical foundation for a career in surety underwriting. Training combines mentorship, classroom instruction, self-study, and on-the-job learning alongside experienced professionals. Surety is a credit business that provides financial and performance guarantees to industries including construction, manufacturing, financial institutions, technology, and energy. The trainee will gain exposure to underwriting and surety operations, from reviewing accounts and bond forms to the processing of premiums. The program also includes underwriting and claims training, cross-functional collaboration, networking, career and industry workshops, and community service opportunities. Crum & Forster describes itself as a property and casualty, accident and health, specialty, and standard commercial lines insurance company. It has a 200-year history, annual gross written premium of $6.2 billion, approximately 3,000 employees, and offices throughout the United States and India. It is part of Fairfax Financial Holdings and has an A+ (Superior) financial strength rating from AM Best.
Requirements
- Recent college graduate; all majors will be considered with a GPA of 3.2 or higher.
- Ability to gather and analyze data effectively.
- Strong analytical and problem-solving skills.
- Strong oral, written, and interpersonal communication skills.
- Solid organizational, time-management, and planning skills.
- Experience with Microsoft Office Suite, including Outlook, Excel, Word, and PowerPoint.
- Passion for learning.
- Innovative, entrepreneurial spirit.
- Ability to take ownership and see tasks through to completion.
- Valid driver’s license.
- Willingness to relocate after completing the 18-month training program.
Nice To Haves
- A major in business, finance, or accounting is desired.
- Prior work experience, including summer or part-time roles or internships.
- Leadership qualities demonstrated through work, community service, athletics, or clubs.
Responsibilities
- Shadow an experienced underwriter while they review financial data and analyze surety accounts.
- Participate in account meetings, bond form reviews, file documentation, database entries, and management meetings.
- Complete operations training covering the surety bond process from issuance through premium processing.
- Participate in underwriting and claims training events and e-learning curriculum.
- Engage with cross-functional teams and business leaders across the insurance operation.
- Network with other trainees and early-career employees through career and industry workshops and community service opportunities.
Benefits
- Competitive compensation package.
- Generous 401(k) employer match.
- Employee Stock Purchase Plan with employer matching.
- Generous paid time off.
- Health, dental, and vision benefits, with programs focused on physical, mental, and financial well-being for employees and their families.
- Career-development opportunities, which may include tuition reimbursement, industry-related certifications, and professional training.
- Matching donation program, volunteer opportunities, and an employee-driven corporate giving program.
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What This Job Offers
Job Type
Full-time
Career Level
Entry Level
