Underwriting Trainee

National Interstate Insurance Company•Richfield, OH

5d•Hybrid

About The Position

National Interstate is a leading commercial transportation insurer seeking an Underwriting Trainee to join their team in Richfield, Ohio. This role involves a hybrid work schedule, with employees expected to be on-site four days a week (Tuesday-Thursday core days) and one day remote, determined by business needs. The company culture emphasizes connection, shared learning, and strong relationships. National Interstate, a member of Great American Insurance Group, offers innovative insurance solutions and alternative risk transfer programs, and is recognized for its integrity, transparency, and collaboration. They specialize in serving the insurance needs of the transportation industry and are known for their expertise in product design, loss control, and claim services.

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.