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National Interstate Insurance Company · 13 hours ago

Underwriting Trainee

Richfield, OH

Full-time

Hybrid

New Grad

National Interstate Insurance Company is a leading commercial transportation insurer in the nation, offering risk financing solutions tailored to the needs of various transportation classes. They are seeking an Underwriting Trainee who will learn to evaluate and underwrite new and renewal business, analyze risk information, and develop effective business relationships to support underwriting decisions.

Financial ServicesInsuranceRisk Management

Growth Opportunities

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

Qualification

Risk assessmentAnalytical skillsCommunication skillsNegotiation skillsRegulationsProblem-solvingInterpersonal skills

Required

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

Benefits

Medical, dental, and vision plans starting on day one

PTO

Paid holidays

Commuter benefits

Employee stock purchase plan

Education reimbursement

Paid parental leave/adoption assistance

401(k) plan with company match

Company

National Interstate Insurance Company

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National Interstate Insurance Company, with our wholly owned subsidiary, Vanliner Insurance Company, provides highly innovative insurance solutions and world-class customer service for a variety of commercial transportation industries.

Founded in 1989