Underwriting Trainee

National Interstate Insurance Company; Richfield Township (OH); Hybrid; USD 50,000 - 65,000; Full time

Benefits offered by this job

Medical, dental, and vision coverage

401(k) plan with company match

Paid Time Off and paid holidays

Tuition reimbursement

Job summary

National Interstate Insurance Company is looking for an Underwriting Trainee to join their team in Richfield, Ohio. This role encompasses evaluating and underwriting new and renewal business as part of a collaborative environment.

The ideal candidate should possess a Bachelor’s Degree in a relevant field and develop skills in risk analysis and effective decision-making. Benefits include medical coverage, 401(k) match, and a competitive leave policy.

Qualifications

• Strong analytical, risk assessment, and problem-solving abilities.
• Ability to develop and maintain knowledge of company policies and industry laws.
• Demonstrates basic analytical and decision-making skills.

Responsibilities

• Learn to evaluate and underwrite new and renewal business.
• Analyze risk information to make informed decisions.
• Participate in collaborations with actuaries and agents.

Skills

Analytical skills

Communication skills

Interpersonal skills

Education

Bachelor’s Degree in Business, Finance, Economics, Risk Management and Insurance, or related field

Job description

Underwriting Trainee

National Interstate is looking for an Underwriting Trainee to join their team. The individual will work a hybrid schedule out of the Richfield, Ohio office, with onsite four days a week and one day remote.

Work Arrangement

Employees are expected to be on-site Tuesday–Thursday, with the fourth day determined by business needs.

Essential Job Functions And Responsibilities

• Learns to evaluate and underwrite new and renewal business in accordance with Company underwriting guidelines and risk appetite.
• Learns to analyze risk information to make informed decisions on coverage, pricing, and terms.
• Participates in collaborating with actuaries, agents, brokers, and clients to obtain necessary information and clarify details.
• Assists with ordering additional reports and screens, such as motor vehicle reports, loss history reports, outside inspections, etc., to inform decisions.
• Learns how to document underwriting decisions in compliance with state and federal insurance regulations.
• Assists with evaluating existing policies for potential renewal or modification.
• Participates in communicating underwriting decisions clearly and effectively to internal teams, agents, and brokers.
• Develops knowledge of industry trends, regulatory changes, and market conditions.
• Develops effective business relationships with internal and external customers/coworkers in order to attract and retain profitable business.
• Learns to interpret, explain, and market products and services.
• Performs other duties as assigned.

Job Requirements

Education: Bachelor’s Degree in Business, Finance, Economics, Risk Management and Insurance, or a related field or equivalent experience.

Scope of Job/Qualifications: Typically participates in a formal training program for 6 months to a year. Performs work under close supervision and technical direction. Works on assignments of low to moderate technical and logistical complexity. Demonstrates basic analytical, risk assessment, and problem‑solving abilities. Develops and maintains knowledge of company policies and industry laws and regulations. Strong interpersonal, communication, and negotiation skills. Develops strong analytical skills and the ability to use data to analyze situations, identify problems, and develop effective solutions.

Company

NIIC National Interstate Insurance Company

Benefits

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.