underwriter trainee

The Underwriter Trainee will build the knowledge, skills and competencies required of an entry level underwriter. This position will receive training and development in addition to mentorship working closely with experienced professionals to become familiar with underwriting operations. 
Responsibility of the job role:

1. Review coverage applications and financial requirements for risks, and work with experienced underwriter(s) to determine acceptability of risk in accordance with company guidelines and standards.
2. Review pricing based on financial, competitive, and risk analysis, and work with underwriters to determine appropriate pricing.
3. As appropriate, present quotes and answer questions from agencies, policyholders or other external contacts and present issues to management as necessary.
4. Review loss control reports and follow up on outstanding recommendations.
5. Notify agencies of underwriting decisions, rate appeal decisions, underwriting requirements, status and declinations.
6. Manage existing and prospective accounts by actively participating in account renewals, new business presentations and discussions with agents.
7. Travel to various locations to support business objectives whenever necessary.
  •  degree in business administration, finance, economics, insurance, accounting, risk management, or other business-related areas are strongly preferred.
  • Demonstrated professional or insurance experience may substitute for educational requirements.
  • Working knowledge of technology applications and ability to support business functions.
  • Solid communication and presentation skills.
  • Ability to interact in a team environments.
  • Strong organisational skills, including the ability to manage multiple projects and work with minimal direction.
  • Excellent analytical, research and writing skills.
  • Ability to apply confidentiality when appropriate.
  • Proficient in Excel.
Novi Global is acting as an employment agency in relation to this vacancy and no terminology is intended to discriminate in any way.
please contact me in relation to this job role at kay.henry@noviglobal.com 
Job Type:
Job Title:
underwriter trainee

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