Underwriter Trainee

Penn National Insurance•Waukesha, IA

3d•Remote

About The Position

Penn National Insurance is hiring an Underwriter Trainee who is a closely supervised, entry-level employee in which the incumbent obtains an understanding of surety and fidelity underwriting through both a formal and on-the-job training. Within limited authority, the incumbent demonstrates the ability to effectively perform the assignments of an underwriter. Upon the successful completion of training, the Underwriter Trainee is a candidate for future positions within the Home Office. This is a remote position, with the preferred candidate residing in Iowa, Wisconsin, or Minnesota.

Requirements

Minimum of an associate’s degree required.
This is an entry level position.
Good math and accounting aptitude
Good research, analytical and problem-solving skills
Good oral and written communication skills
Good inter-personal skills
Good customer service skills
Good PC skills, with an emphasis on Microsoft Office Suite
Must be a self-starter, with an ability to learn
Must be highly organized with a good attention to detail
Must have a valid driver’s license and be able to operate a motor vehicle.

Nice To Haves

Preferred candidate residing in Iowa, Wisconsin, or Minnesota.

Responsibilities

Initiates purposeful contact with those who have the knowledge and influence to advance work goals; focuses on contacts who share mutual interests.
Research and resolve business issues, prepare management reports and other projects under the direction of the leader.
As training progresses, performs basic underwriting duties on non-complex and complex accounts.
Allocates appropriate amounts of time for completing own and others’ work; avoids scheduling conflicts; develops timelines and milestones.
Uses time effectively and prevents irrelevant issues or distractions from interfering with work completion.
Looks for and communicates the positive qualities and longer-term benefits of challenging situations.
The main function of this position is to successfully complete and apply knowledge and skills developed during formal classroom and/or on-the-job training sessions, as set forth in a defined training schedule.
Must have a willingness to pursue and complete professional education courses as required.
Within Surety and Fidelity, analyzes financial statements and work-in-progress reports, reviews contracts and bond forms, and performs credit background checks.
Performs other duties as may be assigned by the Vice President, Surety and Fidelity.