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Marine Insurance Underwriting Trainee

1 month ago

Lake Mary, Florida, United States Great American Insurance Group Full time

Great American Insurance Group has a rich legacy of delivering insurance solutions tailored for the marine sector. Our Ocean Marine Division provides a diverse array of insurance offerings specifically designed for the unique requirements of marine enterprises, including coverage for vessel pollution liability and comprehensive packages for marina and boat dealerships.

We are looking for a Production Underwriter Trainee to embark on a comprehensive training program aimed at equipping participants with essential skills for assessing marine risks and making informed underwriting decisions.

This one-year training initiative encompasses:

  • Engagement in activities related to risk evaluation, pricing strategies, and profitability analysis
  • Enhancement of customer service competencies
  • Assessment of coverage requests and formulation of appropriate terms
  • Pricing of business in accordance with established company protocols
  • Review of risk quality and adherence to compliance standards

Moreover, trainees will cultivate relationships with clients, agents, brokers, and producers, interpret and promote insurance products, and apply underwriting guidelines and regulations. The training will incorporate a blend of reading assignments, discussions, practical training, and data analysis.

Successfully completing this program will significantly improve analytical, verbal, and written communication skills, paving the way for a fruitful career in underwriting.