Underwriter Trainee
About The Position
BHHC is a national insurance group with more than 50 years in business. It emphasizes customer relationships, integrity, diversity, and a collaborative workplace. After completing training, the Underwriter 1 applies basic underwriting concepts and established guidelines to evaluate new and renewal workers’ compensation business. The role assesses policy endorsements, accurately executes policy transactions, provides customer service, and supports agency relationships. Industry knowledge and the number and complexity of assigned accounts are expected to grow over time. The position is hybrid. Initial training is onsite, followed by a requirement to work at least three days per workweek in BHHC’s San Francisco, California office. The trainee works under direct supervision and uses instruction, guidelines, and judgment to perform assigned work, both independently and with team members. The stated starting hourly wage in California is $34.6154. The employer notes that compensation may depend on qualifications, operational needs, and other lawful considerations.
Requirements
- Bachelor’s degree from an accredited college or university.
- Ability to read, analyze, and interpret business periodicals, professional journals, technical procedures, and governmental regulations.
- Ability to write detailed reports, business correspondence, and procedure manuals, and present information effectively to management and public groups.
- Ability to work with mathematical concepts such as probability and statistical inference and apply basic arithmetic, fractions, percentages, ratios, and proportions to practical situations.
- Ability to follow written, oral, or diagrammed instructions and address problems involving several concrete variables in standardized situations.
- Proficiency with Microsoft Office and ability to quickly learn proprietary and vendor software applications.
- Strong verbal and written communication skills and ability to collaborate with internal and external customers.
Responsibilities
- Successfully complete the underwriting training curriculum, covering workers’ compensation law, rating and pricing regulations, negotiation techniques, and service standards.
- Review insurance applications and ensure information needed for pricing determinations is accurate and complete.
- Coordinate with Underwriting Support Specialists and agency partners to obtain required information.
- Analyze current and prospective policyholders to determine whether to provide a quotation, indication, or declination.
- Communicate pricing within predetermined authority levels to brokers and producers using industry standards, proprietary software, and databases.
- Contribute to profitability and new-business goals.
- Make timely, sound decisions on submission issues using available information and escalate issues to a Supervisor when appropriate.
- Coordinate with Underwriting Support Specialists to bind agreed-upon policies.
- Prepare Loss Control requests for appropriate accounts.
- Communicate with external clients and internal resource partners by telephone, electronic correspondence, and, when appropriate, in the field.
- Support productive agency relationships and client retention, meet deadlines, and provide prompt responses.
- Accompany Underwriters and Marketing Managers on agency visits to learn about and promote agency relationships.
- Perform special assignments and projects as assigned.
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What This Job Offers
Job Type
Full-time
Career Level
Entry Level
