Underwriting Trainee Jobs

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Commercial Lines Underwriter

Auto-Owners Insurance CompanyLakeland, FL
Hybrid

About The Position

A career at Auto-Owners is challenging and rewarding. Our group of caring associates create financial security by helping individuals and businesses make a new start when a loss occurs. We offer a merit-based work-from-home program based on job responsibilities. After initial training in-person, you could have the flexibility of work-from-home time as defined by the leadership team. Auto-Owners Insurance, a top-rated insurance carrier, is seeking a motivated underwriting trainee to join our team. This job performs and applies insurance coverage, rules and guidelines to execute the underwriting decision-making process according to Company underwriting philosophy. This job includes training and development through completion of the Company’s underwriter training program for the assigned line of insurance and requires the person to: Learn various insurance coverages and contracts along with company philosophy and procedures, in order to make underwriting decisions Read, interpret, and react to documents such as policies, manuals, forms, and endorsements to understand their meaning and use Assemble information, develop opinions, and clearly express decisions using sound reasoning and judgment Analyze loss experience, financial conditions and physical characteristics of risks Acquire a working knowledge of supporting sections of the underwriting department Effectively communicate with independent agents and other associates through verbal and/or written means Participate in and successfully complete the Company underwriter training program

Requirements

  • Bachelor’s degree or direct equivalent experience with property/casualty underwriting
  • Ability to organize data, multi-task and make decisions independently
  • Above average communication skills (written and verbal)
  • Ability to write reports and compose correspondence
  • Ability to resolve complex issues
  • Ability to work in the U.S. without current or future sponsorship

Nice To Haves

  • Continually develop product knowledge through participation in approved educational programs

Responsibilities

  • Performs and applies insurance coverage, rules and guidelines to execute the underwriting decision-making process according to Company underwriting philosophy.
  • Learns various insurance coverages and contracts along with company philosophy and procedures, in order to make underwriting decisions.
  • Reads, interprets, and reacts to documents such as policies, manuals, forms, and endorsements to understand their meaning and use.
  • Assembles information, develops opinions, and clearly expresses decisions using sound reasoning and judgment.
  • Analyzes loss experience, financial conditions and physical characteristics of risks.
  • Acquires a working knowledge of supporting sections of the underwriting department.
  • Effectively communicates with independent agents and other associates through verbal and/or written means.
  • Participates in and successfully completes the Company underwriter training program.

Benefits

  • Competitive base salary
  • Matched 401(k)
  • Fully-funded pension plan (once vested)
  • Bonus programs
  • Generous paid time off including holidays, vacation days, personal time, and sick leave
  • Friendly work environment
  • Structured training program
  • Employee mentoring

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What This Job Offers

Job Type

Full-time

Career Level

Entry Level

Number of Employees

1,001-5,000 employees

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Frequently Asked Questions

Common questions about Underwriting Trainee careers and jobs.

Based on current job postings on Teal, the average Underwriting Trainee salary in the US is approximately $63,000 per year, with a typical range of $35,000 to $83,000.
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