Underwriting Trainee

About the Role

Selective Insurance is hiring Underwriting Trainees for our Northeast Region, based out of the Branchville, NJ office. This is a hybrid role.

The Momentum Trainee program is a robust 9-month program that builds a foundation of insurance expertise through classroom learning, business rotations, and on-the-job training. Upon completion, trainees transition to full-time roles in Underwriting.

Key Responsibilities

• Develop proficiency in insurance theories and practices.
• Develop expertise in analyzing customer needs.
• Learn how to negotiate price, coverage, and terms for renewals.
• Deliver and present renewal proposals to agency personnel.
• Build relationships with agents through agency visitation, phone conversations, and written correspondence.
• Collaborate with underwriting, claims, and marketing to learn business and processes.
• Demonstrate an aptitude for analyzing and interpreting underwriting information.
• Analyze data to determine coverage and line of business upsells.
• Participate in an assigned corporate group project.
• Learn to administer and monitor underwriting rules and guidelines, rating manual rules, insurance laws, and regulations.
• Review an agent’s book of business and understand techniques for providing service and guidance to agents.
• Support more experienced underwriters.

Requirements & Tech Stack

• May be required to travel to agent’s offices, attend Risk Management surveys, and participate in Premium Audit and Claim reviews.
• Must have a valid state-issued driver’s license in good standing.
• Demonstrated self-starter.
• Demonstrated ability to effectively communicate with internal and external customers/peers.
• Must show sound, balanced, and timely decision-making skills.

Qualifications

• College degree preferred.
• Achieve AINS and AU insurance designation within 18 months of accepting the position.