Underwriting Trainee

Tokio Marine HCC • Los Angeles, CA

97d • $27 - $38

About The Position

Tokio Marine HCC - Surety Group has an exciting Underwriting Trainee opportunity that can launch your career in a new direction. We are looking for individuals who will analyze financial information, learn the foundations of surety underwriting, and become future leaders of the company. While we will teach you technical terms, processes, and responsibilities on the job, we’re looking for your strengths to help build the success of our company. We’re seeking candidates with characteristics like curiosity to learn, proactive initiative to find information, thinking beyond what is presented, finding solutions to problems, good judgement and decision-making, excellent writing skills, good presentation skills, a customer service mindset, and excellent organizational skills.

Requirements

• Bachelor’s degree in Risk Management, Finance, Economics, Accounting, or Business Administration, or equivalent education and/or experience.
• Internship(s) or experience in business or a related area is preferred.
• Willingness to relocate to a TMHCC Surety branch office.

Responsibilities

• Understand surety underwriting operations.
• Work with Underwriting, Claims, Finance and IT departments on various projects.
• Understand the factors that affect and influence bond ratings and risks.
• Review underwriting submissions and write the basic analysis of bond applicants’ financial statements, collateral, and related due diligence.
• Cultivate relationships with internal and external contacts to facilitate underwriting processes, promote business development, and stay current with industry trends.
• Find creative and analytical solutions to support branch underwriting activity.
• Complete the Associate in Fidelity and Surety Bonding (AFSB) certification.
• Relocate to a branch office and determine the degree of underwriting risk on a variety of contract and commercial surety bonds.

Benefits

• Equal pay opportunities for equal work regardless of color, race, sex, national origin, sexual orientation, gender identity, gender expression, religion, age, veteran status, disability, pregnancy, citizenship status, genetic information, or any other basis protected by federal, state, or local pay equity laws.
• Consideration of qualified applicants with arrest or conviction history in compliance with local laws.

What This Job Offers

• Job Type: Full-time
• Career Level: Entry Level
• Education Level: Bachelor's degree
• Number of Employees: 1,001-5,000 employees