Assistant Underwriter - June 2025 Trainee
W. R. Berkley
Assistant Underwriter - June 2025 Trainee
- ID
- 2024-11153
- Date Posted
- 6 days ago(9/17/2024 5:19 PM)
- Company
- Nautilus Insurance Group
- Primary Location
- US-AZ-Scottsdale
- Category
- Underwriting
Company Details
As an elite Excess and Surplus Lines market, Nautilus Insurance Group offers commercial property and casualty insurance solutions to appointed wholesale surplus lines producers countrywide. We have specialized in providing these solutions for more than 35 years.
We have more flexible policy terms and premium rates on a non-admitted basis. Our focus is small to medium Property and Casualty risks on both an admitted and a non-admitted basis.
Our offerings are distributed through partnerships with appointed wholesale surplus lines producers. Our relationships are defined by mutual success, speed to market, customer-centric focus and an expanded appetite.
Coverage placed by Nautilus Insurance Group is provided by Nautilus Insurance Company and Great Divide Insurance Company, both W. R. Berkley Corporation members with A.M. Best (Superior) A+ XV ratings.
Benefit Highlights:
- Paid Parental Leave! At Nautilus, we offer Childbirth Recovery Leave as well as Primary Caregiver Leave, for up to a maximum of 12 weeks of paid leave.
- Nautilus offers Medical, Dental, and Vision coverage options, along with Flexible Spending Accounts (FSA) and Health Savings Accounts (HSA) choices
- We help our employees feel secure by providing a 401(k) program, profit sharing, stock purchase plan, life insurance, and travel accident insurance options.
- One of our core values is “Committed to Serve” and these aren’t idle words. We provide every employee one paid day off per year to volunteer at a local charity. That’s serving with a smile!
- We take risk management excellence and your professional growth seriously by offering Tuition Assistance and Industry-Related Education and Exam programs.
- Can you hear us now? Employees are eligible for special cell phone service discounts with Verizon and AT&T. We’ve got a plum position for you! We participate in the Plum Benefits program offering employees cost-free access to thousands of exclusive travel and entertainment discounts.
- Flexible work arrangements
- On site newly renovated fitness center - free to use for employees. Yoga and other classes available for a nominal fee.
Responsibilities
Nautilus Insurance Group’s 2025 EDGE Program is your gateway to success in launching a rewarding career in the dynamic world of insurance!
What You’ll Gain
Nautilus Insurance Group is seeking motivated candidates for our June 2025 EDGE program. We are looking for motivated candidates who are driven and have a foundation in insurance, risk management, or general business. Our extensive, six-month program offers classroom and practical instruction for candidates pursuing a career in property and casualty underwriting.
This unique opportunity is dedicated to teaching you about insurance and the art of underwriting.
Topics include:
- General insurance industry knowledge
- All aspects of commercial lines of business
- Important job functions of an Assistant Underwriter
Training includes formal classroom and on-the-job training, as well as specific project work, field trips, and mentorship with highly skilled members of our underwriting teams.
Through this training, you will learn to apply critical thinking and problem-solving skills as you underwrite submissions and manage work items. You will gain a strong understanding of the core concepts of insurance and risk management and build valuable connections with industry leaders and fellow trainees.
While in the EDGE Program, participants attain the Associate in Insurance (AINS) designation from The Institutes. We recognize the importance of formal designations to build credibility early in your career and allocate weekly study time and reviews to prepare for the test.
Trainees who successfully complete the program are equipped with the knowledge and skills needed to excel as an Assistant Underwriter and transition out of training to actively handle work items with their underwriting team.
The Training Program (first six months)
- Attends all EDGE classes and events. Completes homework assignments and projects.
- Receives a passing grade (80% or higher) on all exams and quizzes.
- Work assignments – manager under the supervision
The Assistant Underwriter Role (second six months)
- Assesses and acts on new and renewal accounts to:
- Determine underwriting acceptability
- Determine proper policy issuance
- Provides administrative support by preparing and compiling reports
The EDGE program takes place in our Scottsdale, Arizona, office and starts in June 2025. Scottsdale is a vibrant location rich in culture, food experiences, and beautiful scenic places to explore. Relocation assistance is available.
The base salary for this role is $31.80/Hour (annually $62,000).
Qualifications
What We’re Looking For
- An associate or bachelor’s degree in Insurance, Risk Management, Business, or related fields
- A strong academic record and passion for the insurance industry
- Strong working knowledge in a Windows environment, including Word, Excel, and Outlook
- Basic mathematical skills
- Strong reasoning ability, including defining and solving problems, drawing conclusions, interpreting data, and making connections
- Effective oral and written communication and presentation skills
Visit the EDGE page to find out more about the EDGE program and to read testimonials from previous graduates.
Additional Company Details
The actual salary for this position will be determined by a number of factors, including the scope, complexity and location of the role; the skills, education, training, credentials and experience of the candidate; and other conditions of employment.
We do not accept any unsolicited resumes from external recruiting agencies or firms.
Sponsorship Details
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