Underwriting Trainee

Great American Insurance Group•Richfield, OH

21h•Hybrid

About The Position

National Interstate, a member of Great American Insurance Group, is a leading commercial transportation insurer offering risk financing solutions across all 50 states. They provide traditional insurance and innovative alternative risk transfer (ART) programs, including group captive programs for niche wheels markets. The company is recognized as a multiple Northcoast 99 winner and Cleveland Plain Dealer Top Workplace, valuing integrity, transparency, fairness, accountability, empowerment, and collaboration. Since 1989, National Interstate has specialized in the wheels-based transportation industry, developing expertise in product design, loss control, and claim services. They are seeking an Underwriting Trainee to join their team in a hybrid schedule out of the Richfield office. The company culture emphasizes connection, shared learning, and strong relationships, requiring employees in this role to be on-site four days a week (Tuesday-Thursday core days, plus one additional day based on business needs) with one day remote flexibility. Great American Insurance Group, with nearly 150 years of history and over 8,500 employees, emphasizes financial strength and a commitment to long-term success.

Requirements

Bachelor’s Degree in Business, Finance, Economics, Risk Management and Insurance, or a related field or equivalent experience.
Typically participates in a formal training program for 6 months to a year.
Performs work under close supervision and technical direction.
Works on assignments of low to moderate technical and logistical complexity.
Demonstrates basic analytical, risk assessment, and problem-solving abilities.
Develops and maintains knowledge of company policies and industry laws and regulations.
Strong interpersonal, communication, and negotiation skills.
Develops strong analytical skills and the ability to use data to analyze situations, identify problems, and develop effective solutions.

Responsibilities

Learns to evaluate and underwrite new and renewal business in accordance with Company underwriting guidelines and risk appetite.
Learns to analyze risk information to make informed decisions on coverage, pricing, and terms.
Participates in collaborating with actuaries, agents, brokers, and clients to obtain necessary information and clarify details.
Assists with ordering additional reports and screens, such as motor vehicle reports, loss history reports, outside inspections, etc., to inform decisions.
Learns how to document underwriting decisions in compliance with state and federal insurance regulations.
Assists with evaluating existing policies for potential renewal or modification.
Participates in communicating underwriting decisions clearly and effectively to internal teams, agents, and brokers.
Develops knowledge of industry trends, regulatory changes, and market conditions.
Develops effective business relationships with internal and external customers/coworkers in order to attract and retain profitable business.
Learns to interpret, explain, and market products and services.
Performs other duties as assigned.