Underwriter Trainee - Specialty Underwriting (CT)

• - Human Resources
• Hartford, CT, USA
• Full Time
• Medical, Dental, Vision,Open Vacation Plan; Matching 401(k); Co. Paid Life Ins, STD, LTD; Generous Paid Sick & Family Bonding Leave; Tuition & Educational Reimbursements

Underwriter Trainee - Specialty Underwriting

Hartford, CT

Looking to join an engaging and collaborative company that offers competitive compensation and benefits packages – including generous paid time off, fully vested matching 401k, professional and educational growth opportunities, and recognition for exceptional performance in a flexible and casual hybrid work environment?

CapSpecialty is seeking college graduates for a year-long Underwriting Training program. Candidates who successfully complete the program will become Underwriters at the completion of this training. The program will include hands on training within one or two underwriting units, in addition to time spent with various department heads and leaders across the company to learn more about insurance operations, the history of CapSpecialty, how insurance companies generate profits and the role of reinsurance. During the program, trainees will learn the basics of how to underwrite specialty lines insurance, analyze financial statements, interpret a policy form, and interact with CapSpecialty's wholesale broker partners. Additional training will encompass negotiation skills, presentation skills and decision-making skills. Participation in in department meetings, roundtables, monthly business reviews (MBRs), Joint Accountability Groups (JAGs) and large claim meetings will be a critical component of the program. Trainees will spend time with Actuarial, Broker Engagement, Claims and Portfolio Management during their training, in addition to accompanying members of the underwriting team on marketing visits. Formal performance evaluations will occur at three, six, nine and 12 months. The Underwriting Training program is designed to provide candidates with the knowledge and skills required to begin a successful underwriting career.

Duties/Responsibilities

• Candidates will become immersed in the insurance principles they learn so that they have a basic understanding of how to evaluate a risk and can move into a production role upon completion of the Underwriting Training program.
• Candidates will apply underwriting analysis on actual accounts to support production underwriters.
• Candidates will begin to develop relationships with their assigned brokers.
• Candidates will perform other duties as needed.

Supervisory Responsibilities

None.

Core Competencies

To be successful, an individual must be able to perform each essential duty satisfactorily. The requirements listed below are representative of the knowledge, skill, and/or ability required. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions.

• Superior oral and written communication skills coupled with sales skills and an ability to develop relationships with brokers.
• Skilled in the use of personal computers, the internet and multiple software applications and programs.
• Ability to work independently, problem solve and meet deadlines while also working on a team as a team player.
• Strong organizational skills with an attention to detail.

Education and Experience

• Bachelor's degree from an accredited college.
• Previous office experience helpful.

Physical Demands

The physical demands described here are representative of those that must be met by an employee to successfully perform the essential functions of this job. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions.

• Prolonged periods of sitting at a desk and working on a computer.
• Ability to lift 10 lbs.
• May require business travel up to 15%.

CapSpecialty is a leading provider of specialty insurance for small- to mid-sized businesses in the U.S., offering Commercial Property and Casualty, Professional Liability, Surety and Fidelity products in all 50 states and the District of Columbia. By working with select partners through a limited distribution model, CapSpecialty's creative, hard-working team provides personalized service and cultivates mutually successful partnerships to deliver positive results. CapSpecialty's carriers have an A ("Excellent") rating from A.M. Best, writing both admitted and non-admitted policies on the paper of Capitol Indemnity Corporation, Capitol Specialty Insurance Corporation and Platte River Insurance Company – subsidiaries of Alleghany Insurance Holdings LLC, part of Alleghany Corporation (NYSE: Y). For more information please visit our website.

Apply today!

http://capspecialty.plansource.com/pages/about/

Equal Employment Opportunity Employer