Underwriting Trainee

Company Details: Responsibilities: Learn how to underwrite (analyze and assess) the operational and financial strength of companies from a wide variety of industries. Develop skills to aide in the development of new and existing customer relationships. Develop an understanding of the interworking of the company; understanding how production, service and planning inter-relate so that the company may achieve its financial objectives. Participates in an underwriting training program focused on all lines of business within the company; during the training period the employee will learn to:

• Underwrite, evaluate, and make bond / account recommendations to Manager or Supervisor.

• Effectively review bond forms, contracts and other relevant documents to ensure compliance with account parameters and company underwriting guidelines.

• Communicate and work with customers (agents and brokers) to develop, at the direction of the Manager or Supervisor, relevant underwriting information; as well as the acceptance or rejection of new and existing bond requests or accounts, while working towards establishing and enhancing the company’s brand.

• Sign-up for and pass the AFSB program; completing the parts 151 and 152 within the first year of hire. AFSB 153 should then be completed within six months of first anniversary.

• Participate in customer marketing visits and client (account) visits

• Communicate the mission and objectives of the company with confidence.

• Adhere to all underwriting and operating procedures and become accountable for accurate underwriting documentation/information in account management systems; adherence to documentation standards and ensure accuracy and integrity of all information contained in account files.

• Keeping Manager or Supervisor apprised of issues of importance to the Branch and to the Company.

• Perform other duties as assigned.

Qualifications:

• Effective oral and written communication skills with the ability to write clear and effective reports and business correspondence so that others will clearly understand the content and the intent.

• Strong analytical skills with the ability to provide well developed recommendations in support of new and existing accounts, as well as client bond needs.

• Ability to use the automation tools provided by BSG (i.e. Word, Excel, PowerPoint, Lotus Notes, U/W System, etc.)

• Must be able to organize and effectively handle assigned work load with management supervision.

• Ability to work independently and in a team environment

• Self-motivation and an out-going orientation with strong customer focus

• Minimum 4-year college degree
• Business/Finance/Accounting Majors preferred, but not required
• Banking or Credit Analysis background is a plus