Underwriter Trainee

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.