Emerging Surety Underwriter Trainee

UFG Insurance; Seattle (WA); On-site; USD 60,000 - 75,000; Full time

Job summary

UFG Insurance in Seattle, WA seeks a Surety Underwriter Trainee to join our growing Surety Department. The program provides on-the-job training to analyze financial statements, review contractor applications, assess credit reports, and learn to research sources to support risk decisions.

Through mentoring and agency visits, you will learn to underwrite submissions, determine risk acceptability, and contribute to profitable growth while delivering high-quality customer service to internal and

Qualifications

• Bachelor’s degree in business administration, economics, finance or accounting preferred.
• Certified, or working towards, AFSB designation, preferred.
• 1+ years of professional work experience preferred.

Responsibilities

• Complete a comprehensive surety underwriting training program consisting of mentoring, self-study, and on-line learning.
• Gain an understanding and develop analytical skills on how to investigate, analyze, and underwrite surety business profitably.
• Underwrite new submissions and existing accounts with assistance from mentors. Evaluate and assess financial status, credit standing, and organization profile to analyze and determine acceptability of the risk within the framework of UFG underwriting policies and procedures.
• Assist surety underwriters in processing their books of business.
• Handle confidential information with discretion.
• Provide high-quality customer service in all interactions with internal and external customers
• Gain exposure and skills on various software platforms.

Education

Bachelor’s degree in business administration, economics, finance or accounting

Bachelor’s degree, or combination of education or surety experience

Tools

Various software platforms

Job description

UFG Insurance in Seattle, WA seeks a Surety Underwriter Trainee to join our growing Surety Department. The program provides on-the-job training to analyze financial statements, review contractor applications, assess credit reports, and learn to research sources to support risk decisions.

Through mentoring and agency visits, you will learn to underwrite submissions, determine risk acceptability, and contribute to profitable growth while delivering high-quality customer service to internal and