Underwriting Trainee - Allentown, PA or Hunt Valley, MD (Hybrid)

Selective Insurance Company of America • Hunt Valley Estates, MD

14h • $64,000 - $70,000 • Hybrid

About The Position

Learn to underwrite renewal business by the successful completion of our training (may include on-the-job, self-study, and classroom). Learns to administer and monitor underwriting rules and guidelines, rating manual rules, and insurance laws and regulations. Will learn to review an agent’s book of business and well as techniques to provide service and guidance to agents. A trainee will be expected to learn the business and support more experienced underwriters. All job duties and responsibilities must be carried out in compliance with applicable legal and regulatory requirements.

Requirements

• Demonstrated self-starter.
• Demonstrated ability to effectively communicate with internal and external customers/peers.
• Must show sound, balanced and timely decision making skills.
• Must have valid state-issued driver’s license in good standing.
• Achieve AINS and AU insurance designation within 18 months of accepting position.

Nice To Haves

• College degree preferred

Responsibilities

• Develop proficiency in insurance theories and practices.
• Prepare detailed account review for presentation to Corporate Line of Business Specialist and SBU staff.
• Develop expertise in analyzing customer needs including but not limited to coverage and Safety Management Services.
• Learn how to negotiate price, coverage, and terms for renewals.
• Deliver and present renewal proposals to agency personnel along with assigned underwriters and/or AMS.
• Build relationships with agents through agency visitation, phone conversations and written correspondence.
• Collaborate with underwriters, claims, and marketing in an effort to learn business and processes.
• Demonstrate an aptitude for analyzing and interpreting underwriting information.
• Support AMS and renewal underwriters by analyzing data to determine coverage and line of business upsells.
• May be required to travel to agent’s office, attend Safety Management surveys, Premium Audit and Claim reviews.
• Participate with Corporate Group project as assigned.

Benefits

• Selective Insurance offers a total rewards package that includes a competitive base salary, incentive plan eligibility at all levels, and a wide array of benefits designed to help you and your family stay healthy, achieve your financial goals, and balance the demands of your work and personal life.
• These benefits include comprehensive health care plans, retirement savings plan with company match, discounted Employee Stock Purchase Program, tuition assistance and reimbursement programs, and 20 days of paid time off.
• Additional details about our total rewards package can be found by visiting our benefits page.

What This Job Offers

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