Underwriting Trainee – Branchville, NJ (Hybrid)
About The Position
Selective Insurance is hiring Underwriting Trainees for its Northeast Region, based out of the Branchville, New Jersey office. The role is part of the Momentum Trainee program, a nine-month program for professionals that builds insurance expertise through classroom learning, business rotations, and on-the-job training. Training begins in July 2027 with eight weeks at the corporate headquarters in Branchville, after which trainees return to their regional offices. Upon completing the program, trainees transition to full-time roles, including roles in Underwriting and other areas. The Underwriting Trainee will learn to underwrite renewal business, administer and monitor underwriting rules and guidelines, rating manual rules, and insurance laws and regulations. The trainee will also review agents’ books of business, learn how to provide service and guidance to agents, and support more experienced underwriters.
Requirements
- Must have a valid state-issued driver’s license in good standing.
- Demonstrated self-starter.
- Demonstrated ability to communicate effectively with internal and external customers and peers.
- Sound, balanced, and timely decision-making skills.
- Must achieve AINS and AU insurance designations within 18 months of accepting the position.
Nice To Haves
- College degree preferred.
Responsibilities
- Develop proficiency in insurance theories and practices.
- Develop expertise in analyzing customer needs.
- Learn to negotiate price, coverage, and terms for renewals.
- Deliver and present renewal proposals to agency personnel.
- Build relationships with agents through agency visits, phone conversations, and written correspondence.
- Collaborate with underwriting, claims, and marketing teams to learn the business and its processes.
- Develop the ability to analyze and interpret underwriting information.
- Analyze data to determine coverage and line-of-business upsell opportunities.
- Participate in an assigned corporate group project.
- Learn to underwrite renewal business and administer and monitor underwriting rules and guidelines, rating manual rules, and insurance laws and regulations.
- Review agents’ books of business and learn techniques for providing service and guidance to agents while supporting more experienced underwriters.
Benefits
- Competitive base salary.
- Incentive plan eligibility at all levels.
- Comprehensive health care plans.
- Retirement savings plan with company match.
- Discounted Employee Stock Purchase Program.
- Tuition assistance and reimbursement programs.
- Paid time off plans. Additional details about the total rewards package will be provided during the recruiting process.
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What This Job Offers
Job Type
Full-time
Career Level
Entry Level
Education Level
No Education Listed
