Acadia Insurance (a Berkley Company) · 1 day ago
Underwriter Trainee – Casualty and Professional Lines
FL, Clearwater
Full-time
Onsite
New Grad, Entry LevelAcadia Insurance, a Berkley Company, is a leading provider of solutions for hard-to-place and distressed risks in the insurance industry. The Underwriter Trainee role is an entry-level position focused on learning underwriting practices and contributing to the growth of the Edge business through training and development of product knowledge and client management skills.
Commercial InsuranceInsurance
No H1B
Responsibilities
Links line of business policies and practices to company strategies
Identifies and acts on opportunities to share knowledge with clients and customers
Networks with peers and outside resources to exchange ideas and information
Compares company coverages to competitors and differentiates our company from others
Identifies new product opportunities
Explains company service capability and applies to specific client needs, including coordination of standard service delivery to customers
Applies standard pricing to exposures
Applies individual loss and expense factors, when applicable
Utilizes internal information systems to measure results
Analyzes and evaluates impact of producer performance on assigned book
Applies key expense components, influencing controllable elements according to plans and strategies
Identifies and evaluates influence of competitor strategies in local territory or line of business and its effects on the company’s business
Provides appropriate input for written premium and expense budget planning
Offers creative solutions that contribute to the achievement of business results
Applies underwriting strategies and standards to pre-qualify risk acceptability
Identifies and assesses exposures for each risk
Performs detail analysis utilizing appropriate information (exposure/rate/financial & loss) to determine account acceptability, taking customer needs into consideration
Assesses rate adequacy relative to exposure
Identifies clients' needs and recommends solutions
Handles or refers as appropriate cross selling opportunities
Negotiates standard coverage issues, closes sale, and gauges customer satisfaction
Identifies and accesses basic underwriting/service resources and associated cost benefit
Demonstrates knowledge of competitors products, strategies, strengths, weaknesses, position within agencies/in marketplace, financial picture
Develops and pursues prospective clients
Follows-up on prospective and incumbent clients' needs
Qualification
Required
Bachelor's degree in business, Risk Management, Insurance, or a related field (or equivalent experience)
Prior experience in insurance a plus
Strong analytical, organizational, and communication skills
Proficiency in Microsoft Office Suite (Excel, Word, Outlook)
Eagerness to learn and grow within the insurance industry
Ability to work both independently and collaboratively in a fast-paced environment
Computer literate including use of Word, Excel and various project management tools
Flexible and open to change and enhancements to help evolving in a competitive market
Adaptive to adjusting priorities and/or work on multiple tasks
Strong sense of ownership and accountability as a result of being highly motivated
Company
Acadia Insurance (a Berkley Company)
Acadia Insurance specializes in commercial property casualty insurance. Our company began in 1992 insuring businesses in Maine.
Founded in 1992
201-500 employees
Funding
Current Stage
Growth StageLeadership Team
Simone Grimes, CPA, MBA
Chief Financial Officer
Steve Rich, CPCU
Senior Vice President & Chief Claims Officer
Recent News
2024-03-06
Coverager - Insurance news and insights
2022-06-28
Company data provided by crunchbase