Garage Underwriting Trainee

IFG Companies•Chapel Hill, NC

8d•$65,000 - $75,000•Hybrid

About The Position

The Garage Underwriting Trainee participates in a training program designed to develop the skills required to underwrite a garage book of business. Garage Insurance provides coverage for the sale, service, or repair of autos. During the program, the trainee works with experienced underwriters across several IFG Companies departments and learns to maintain a profitable book of business in accordance with the company’s underwriting standards. The program is designed to be completed in twelve months, with monthly progress check-ins with the Vice President – Garage and adjustments to the training program as needed. The position is hybrid and requires working in an IFG Companies office at least three days per week. It involves prolonged sitting, extensive computer use, and in-person and telephone interactions. Travel may be required to meet business needs.

Requirements

Recent or imminent graduate with a bachelor’s degree from an accredited U.S. college or university in insurance, risk management, economics, actuarial science, or a related field.
Strong computer skills, including Excel, Word, SharePoint, and proprietary IFG Companies underwriting systems, with demonstrably accurate output.
Strong problem-solving, reasoning, and decision-making skills.
Excellent interpersonal, written, verbal, and presentation skills.
Excellent attention to detail.
Ability to prioritize and manage multiple tasks while meeting established deadlines.
Planning and organizational skills.
Ability and willingness to work in an IFG Companies office at least three days per week.
Ability and willingness to travel as required to meet business needs.

Responsibilities

Assist with underwriting and customer service activities, including obtaining necessary information and data from producers and others.
Support producer activities related to binding, issuing, and endorsing policies under an underwriter’s guidance.
Review quotes, binders, policies, endorsements, and other forms for consistency and accuracy.
Follow up with producers to obtain missing information.
Issue policies, endorsements, other forms, and notifications in compliance with state regulations and IFG Companies’ compliance guidelines.
Meet or exceed service standards for policy, endorsement, and other-form issuance and cancellations while meeting or exceeding quality standards.
Respond to internal and external client inquiries in a timely manner.
Review loss information and obtain necessary clarifications.
Organize and maintain policy files according to IFG Companies’ guidelines.
Review files, records, and other documents.
Develop strong working relationships with counterparts at producer offices.
Run reports as necessary.
Research issues and analyze data.
Continue to develop underwriting knowledge and skills through formal education and training.
Perform other duties as required.