Production Underwriting Trainee - Republic Indemnity

Great American Insurance Group is a leader in the insurance industry, and they are seeking a Production Underwriting Trainee. This role involves learning to evaluate and underwrite new and renewal business, analyzing risk information, and collaborating with various stakeholders to inform underwriting decisions.

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
• Learns to develop marketing strategies to promote the Company’s products to brokers and agents
• Develops knowledge of market trends and competition to assist with identifying opportunities for product enhancements and marketing strategies
• Organizes and participates in marketing initiatives, including presentations, industry events, and broker/agent meetings to showcase products and services
• Performs other duties as assigned

Skills

• Bachelor's Degree in Business, Finance, Economics, Risk Management and Insurance, or a related field or equivalent experience
• Generally, a minimum of 1-2 years of insurance with California Workers' Compensation
• 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 coverage
• Wellness plans
• Parental leave
• Adoption assistance
• Tuition reimbursement
• Paid Time Off
• Paid holidays
• A 401(k) plan with company match
• An employee stock purchase plan
• Commuter benefits

Company Overview

Company H1B Sponsorship