Underwriter - Surety Bond Underwriting

Auto-Owners Insurance • Lansing, MI

1d • Hybrid

About The Position

Auto-Owners Insurance is seeking a motivated underwriting trainee for surety bond underwriting. The role applies insurance coverage, rules, and guidelines to underwriting decisions in accordance with the Company's underwriting philosophy. It includes training and development through completion of the Company’s underwriter training program for the assigned line of insurance.

The underwriter learns insurance coverages, contracts, company philosophy, and procedures; interprets policies, manuals, forms, and endorsements; gathers information and communicates decisions using sound reasoning and judgment; and analyzes loss experience, financial conditions, and physical characteristics of risks. The role also develops working knowledge of supporting underwriting sections and communicates with independent agents and associates.

After initial in-person training, work-from-home flexibility may be available under a merit-based program, as determined by the leadership team and job responsibilities.

Requirements

• Bachelor’s degree or direct equivalent experience with property/casualty underwriting.
• Ability to organize data, multitask, and make decisions independently.
• Above-average written and verbal communication skills.
• Ability to write reports and compose correspondence.
• Ability to resolve complex issues.
• Ability to work in the U.S. without current or future sponsorship.

Nice To Haves

• Contract surety experience.
• Experience working with contract bonds.

Responsibilities

• Learn insurance coverages and contracts, company philosophy, and procedures to make underwriting decisions.
• Read, interpret, and respond to policies, manuals, forms, and endorsements.
• Assemble information, develop opinions, and clearly express decisions using sound reasoning and judgment.
• Analyze loss experience, financial conditions, and physical characteristics of risks.
• Acquire working knowledge of supporting sections of the underwriting department.
• Communicate effectively with independent agents and other associates verbally and/or in writing.
• Participate in and successfully complete the Company underwriter training program.
• Continually develop product knowledge through participation in approved educational programs.

Benefits

• Friendly work environment.
• Structured training program and employee mentoring.
• Competitive base salary and excellent compensation and benefits package.
• Matched 401(k).
• Fully funded pension plan once vested.
• Bonus programs.
• Paid time off, including holidays, vacation days, personal time, and sick leave.

What This Job Offers

• Job Type: Full-time
• Career Level: Entry Level