Entry Level Underwriter - Commercial Lines Response Team

Auto-Owners Insurance - Lansing, MI

Full-time - Entry Level

Lansing, MI

Accommodation

About the position

Auto-Owners Insurance, a top-rated insurance carrier, is seeking a motivated underwriting trainee to join our team. This position is designed for individuals who are eager to learn and grow within the insurance industry. The underwriting trainee will perform and apply insurance coverage, rules, and guidelines to execute the underwriting decision-making process according to the company's underwriting philosophy. This role includes comprehensive training and development through the completion of the company's underwriter training program for the assigned line of insurance. The trainee will learn various insurance coverages and contracts, along with the company's philosophy and procedures, to make informed underwriting decisions. This involves reading, interpreting, and reacting to documents such as policies, manuals, forms, and endorsements to understand their meaning and use. The trainee will also be responsible for assembling information, developing opinions, and clearly expressing decisions using sound reasoning and judgment. Analyzing loss experience, financial conditions, and physical characteristics of risks will be a key part of the role, as well as acquiring a working knowledge of supporting sections of the underwriting department. Effective communication with independent agents and other associates through verbal and/or written means is essential. The trainee will participate in and successfully complete the company underwriter training program, which is designed to equip them with the necessary skills and knowledge to excel in their role. This position offers a unique opportunity to start a rewarding career in insurance underwriting, where the trainee can make a significant impact by helping individuals and businesses achieve financial security after a loss.

Responsibilities

• Perform and apply insurance coverage, rules, and guidelines to execute the underwriting decision-making process.
• Learn various insurance coverages and contracts along with company philosophy and procedures.
• Read, interpret, and react to documents such as policies, manuals, forms, and endorsements.
• 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.
• Continually develop product knowledge through participation in approved educational programs.

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.