Auto-Owners Insurance - Lake Elmo, MN
posted 2 months ago
Full-time - Entry Level
Remote - Lake Elmo, MN
Accommodation
About the position
The underwriting trainee position at Auto-Owners Insurance is designed for motivated individuals looking to start a career in insurance underwriting. This role involves learning and applying insurance coverage rules and guidelines to make informed underwriting decisions. The position includes a structured training program and offers the flexibility of a work-from-home arrangement after initial in-person training.
Responsibilities
- Learn various insurance coverages and contracts along with company philosophy and procedures to make underwriting decisions.
- Read, interpret, and react to documents such as policies, manuals, forms, and endorsements to understand their meaning and use.
- 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.
