Penn National Insurance is hiring an Underwriter Trainee who is a closely supervised, entry-level employee in which the incumbent obtains an understanding of surety and fidelity underwriting through both a formal and on-the-job training. Within limited authority, the incumbent demonstrates the ability to effectively perform the assignments of an underwriter. Upon the successful completion of training, the Underwriter Trainee is a candidate for future positions within the Home Office.
This is a remote position, with the preferred candidate residing in Iowa, Wisconsin, or Minnesota.
POSITION COMPETENCIES
- Attention to Details
- Quality Orientation
- Planning and Organizing
- Positive Approach
- Applied Learning
Essential Duties and responsibilities
- Initiates purposeful contact with those who have the knowledge and influence to advance work goals; focuses on contacts who share mutual interests.
- Research and resolve business issues, prepare management reports and other projects under the direction of the leader.
- As training progresses, performs basic underwriting duties on non-complex and complex accounts.
- Allocates appropriate amounts of time for completing own and others' work; avoids scheduling conflicts; develops timelines and milestones.
- Uses time effectively and prevents irrelevant issues or distractions from interfering with work completion.
- Looks for and communicates the positive qualities and longer-term benefits of challenging situations.
- The main function of this position is to successfully complete and apply knowledge and skills developed during formal classroom and/or on-the-job training sessions, as set forth in a defined training schedule.
- Must have a willingness to pursue and complete professional education courses as required.
- Within Surety and Fidelity, analyzes financial statements and work-in-progress reports, reviews contracts and bond forms, and performs credit background checks.
ADDITIONAL RESPONSIBILITIES
- Performs other duties as may be assigned by the Vice President, Surety and Fidelity.
SPECIAL RELATIONSHIPS
- Direct contact with branch and home office underwriting, administrative and claims personnel;
- As training progresses, direct contact with agents and insureds.
QUALIFICATIONS
Education
- Minimum of an associate's degree required.
Experience
- This is an entry level position.
Technical/Professional Knowledge
- Good math and accounting aptitude
- Good research, analytical and problem-solving skills
- Good oral and written communication skills
- Good inter-personal skills
- Good customer service skills
- Good PC skills, with an emphasis on Microsoft Office Suite
- Must be a self-starter, with an ability to learn
- Must be highly organized with a good attention to detail
The compensation has been carefully determined by considering a variety of important factors, including skill sets, experience, training, and certifications. With these considerations in mind, the estimated hiring range is $52,312.51 - $71,929.70. Additionally, you may be eligible to participate in our annual incentive program, depending on your eligibility under the plan.
JOB REQUIREMENTS (as required by ADA – Americans with Disabilities Act)
- This position is primarily a sedentary position that requires occasional standing and walking throughout the office environment.
- Must be able to perform computer-based tasks and access digital information necessary for job duties, including through the use of assistive technologies.
- Must be able to complete computer-based tasks and utilize office equipment as needed to perform essential job functions.
- Must be able to access and enter information accurately using automated systems.
- Must be able to communicate effectively with internal and external clients using telephone, electronic, or other communication systems.
- Must be able to present information to individuals and groups.
- Must be able to interpret and apply concepts that may or may not be based upon established guidelines.
- Must be able to maintain acceptable attendance and adhere to scheduled work hours.
- Must have a valid driver's license and be able to operate a motor vehicle.
- Must be able to travel, with overnight stays required.