Associate Underwriter I

Summit Consulting; Town of Richfield (WI); Hybrid; USD 52,000 - 70,000; Full time

Benefits offered by this job

Medical, dental, and vision coverage

Wellness plans

Parental leave

401(k) plan with company match

Employee stock purchase plan

Commuter benefits

Tuition reimbursement

Job summary

National Interstate Insurance Company is seeking an Associate Underwriter I to join our team. This role offers a hybrid schedule with on-site four days a week at the Richfield, OH office and one remote day as needed.

You will assist in reviewing applications, gather information with underwriters, and help maintain underwriting files. The position emphasizes collaboration with brokers/agents, risk assessment, and timely issuance of policies and endorsements.

Qualifications

• Associates Degree in Business, Finance, or related field or equivalent experience.

Responsibilities

• Assist in the review and evaluation of applications, ensuring alignment with policies and underwriting guidelines.
• Work with underwriters and brokers/agents to gather information and clarify details.
• Review data such as financial statements, property valuations, and loss histories for risk assessment.
• Maintain underwriting files and ensure documents and approvals are filed.
• Compile reports on risk evaluations, policy statuses, and portfolio performance.

Education

Associates Degree in Business, Finance, or related field

Job description

National Interstate is a member of Great American Insurance Group. As one of the leading commercial transportation insurers in the nation, we offer risk financing solutions in all 50 states tailored to meet the needs of a wide variety of transportation classes. Our offerings include traditional insurance and innovative alternative risk transfer (ART) programs, including more than a dozen group captive programs catering to niche wheels markets. We are proud to be a multiple Northcoast 99 winner and Cleveland Plain Dealer Top Workplace in Northeast Ohio. It is because of our talented and dedicated team that we are able to live out our company values of integrity, transparency, fairness, accountability, empowerment and collaboration with each transaction we make. If you are ready to join an engaging and driven team such as ours, we would love to hear from you! At Great American, we value and recognize the benefits derived when people with different backgrounds and experiences work together to achieve business results. Our goal is to create a workplace where all employees feel included, empowered, and enabled to perform at their best. This position is not eligible for employment visa sponsorship. Applicants must be authorized to work in the United States without the need for current or future sponsorship.

Since 1989, National Interstate has specialized in serving the insurance needs of the wheels-based transportation industry. Our steadfast focus on developing niche expertise in product design, loss control and claim services has made National Interstate one of the most respected names in commercial transportation insurance today. (https://natl.com/)

National Interstate is looking for an Associate Underwriter I to join their team. This individual will work a hybrid schedule out of the Richfield, Ohio office. National Interstate’s culture is built on connection, shared learning, and strong relationships. To support this, employees in this role are expected to be on-site four days a week, with the flexibility to work one day remotely. Core in‑office days are Tuesday–Thursday, with the fourth day determined by business needs.

Essential Job Functions and Responsibilities

• Assists in the review and evaluation of applications, ensuring they align with Company policies and underwriting guidelines.
• Works closely with underwriters and brokers/agents to gather additional information and clarify application details.
• Reviews relevant data, including financial statements, property valuations, and loss histories to assist with risk assessment.
• Assists in maintaining underwriting files, ensuring all documents and approvals are properly filed.
• Compiles reports on risk evaluations, policy statuses, and portfolio performance for underwriters and management.
• May underwrite new and renewal policy transactions within written authority.
• May enter policy information on an assigned product, territory and / or agency in accordance with template rules.
• Proofs / audits policy information on an assigned product, territory, and/or agency(ies).
• Assists with reviewing premium and loss data on an individual account as part of renewal underwriting, change underwriting, or mid-term underwriting.
• Orders and reviews required reports, endorsement requests, service requests, and general correspondence.
• Research and may respond to questions from brokers/agents.
• Provides information to Processing that is needed to issue policies and endorsements on a timely basis.
• May issue, process or code transactions.
• Performs other duties as assigned.

Job Requirements

Education: Associates Degree in Business, Finance, or a related field or equivalent experience.

Scope of Job/Qualifications

Performs work under close supervision and technical direction. Performs standard duties utilizing often-complex processes/procedures on assignments of a routine nature. Possesses procedural knowledge and skills that enable task accomplishment. Demonstrates working knowledge of coverage and forms, provisions for policies written within the assigned territory/unit, workflow and systems. Foundational written and verbal skills. Works within standard, established authority limits.

Company: NIIC National Interstate Insurance Company

We offer competitive benefits packages for full-time and part-time employees*. Full-time employees have access to medical, dental, and vision coverage, wellness plans, parental leave, adoption assistance, and tuition reimbursement. Full-time and eligible part-time employees also enjoy Paid Time Off and paid holidays, a 401(k) plan with company match, an employee stock purchase plan, and commuter benefits. Compensation varies by role, level, and location and is influenced by skills, experience, and business needs. Your recruiter will provide details about benefits and specific compensation ranges during the hiring process. Learn more at http://www.gaig.com/careers. *Excludes seasonal employees and interns.

National Interstate Insurance Company, and our wholly owned subsidiary, Vanliner Insurance Company, are proud members of Great American Insurance Group. We provide highly innovative insurance solutions and world-class customer service for a variety of commercial transportation industries. Our success is a reflection of our highly motivated team of employees. See CAREERS to learn more.