Develop a working knowledge of the unit's minimum premiums, attachment points and commission levels ... Understand how insurance rates are developed and how loss and combined ratios are determined.
Develop a working knowledge of the unit's minimum premiums, attachment points and commission levels ... Understand how insurance rates are developed and how loss and combined ratios are determined.
Develop a working knowledge of the unit's minimum premiums, attachment points and commission levels ... Understand how insurance rates are developed and how loss and combined ratios are determined.
Develop a working knowledge of the unit's minimum premiums, attachment points and commission levels ... Understand how insurance rates are developed and how loss and combined ratios are determined.
Underwriter Trainee
Atlanta, GA · On-site
... Underwriter Trainees in Atlanta, Georgia! If you're finishing your degree and determining your ... RSUI is a wholesale specialty insurance carrier, which means we work exclusively through wholesale ...
Underwriter Trainee
Atlanta, GA · On-site
... Underwriter Trainees in Atlanta, Georgia! If you're finishing your degree and determining your ... RSUI is a wholesale specialty insurance carrier, which means we work exclusively through wholesale ...
Develop a working knowledge of the unit's minimum premiums, attachment points and commission levels ... Understand how insurance rates are developed and how loss and combined ratios are determined.
Develop a working knowledge of the unit's minimum premiums, attachment points and commission levels ... Understand how insurance rates are developed and how loss and combined ratios are determined.
Surety Underwriter Trainee
$60K - $75K/yr
UFG is currently seeking a Surety Underwriter Trainee to join our growing Surety Department. You ... UFG Insurance is committed to fair and equitable compensation practices. The base salary range for ...
Surety Underwriter Trainee
$60K - $75K/yr
UFG is currently seeking a Surety Underwriter Trainee to join our growing Surety Department. You ... UFG Insurance is committed to fair and equitable compensation practices. The base salary range for ...
Surety Underwriter Trainee
Dallas, TX · On-site
$60K - $75K/yr
UFG is currently seeking a Surety Underwriter Trainee to join our growing Surety Department. You ... UFG Insurance is committed to fair and equitable compensation practices. The base salary range for ...
Surety Underwriter Trainee
Dallas, TX · On-site
$60K - $75K/yr
UFG is currently seeking a Surety Underwriter Trainee to join our growing Surety Department. You ... UFG Insurance is committed to fair and equitable compensation practices. The base salary range for ...
Surety Underwriter Trainee
Seattle, WA · On-site
$60K - $75K/yr
UFG is currently seeking a Surety Underwriter Trainee to join our growing Surety Department. You ... UFG Insurance is committed to fair and equitable compensation practices. The base salary range for ...
Surety Underwriter Trainee
Seattle, WA · On-site
$60K - $75K/yr
UFG is currently seeking a Surety Underwriter Trainee to join our growing Surety Department. You ... UFG Insurance is committed to fair and equitable compensation practices. The base salary range for ...
Surety Underwriter Trainee
$60K - $75K/yr
UFG is currently seeking a Surety Underwriter Trainee to join our growing Surety Department. You ... UFG Insurance is committed to fair and equitable compensation practices. The base salary range for ...
Surety Underwriter Trainee
$60K - $75K/yr
UFG is currently seeking a Surety Underwriter Trainee to join our growing Surety Department. You ... UFG Insurance is committed to fair and equitable compensation practices. The base salary range for ...
Great American Insurance Group's member companies are subsidiaries of American Financial Group. We ... We are looking for an Underwriter Trainee to join our Exton, PA office. Environmental Insurance ...
Great American Insurance Group's member companies are subsidiaries of American Financial Group. We ... We are looking for an Underwriter Trainee to join our Exton, PA office. Environmental Insurance ...
Great American Insurance Group's member companies are subsidiaries of American Financial Group. We ... We are looking for an Underwriter Trainee to join our Exton, PA office. Environmental Insurance ...
Great American Insurance Group's member companies are subsidiaries of American Financial Group. We ... We are looking for an Underwriter Trainee to join our Exton, PA office. Environmental Insurance ...
Underwriter Trainee
Jackson, MS · On-site
$20.99 - $33.59/hr
... of insurance and underwriting. • Review and study underwriting manual, policy contracts and procedures to increase skillset in field. • Attend various meetings, conferences and seminars as ...
Underwriter Trainee
Jackson, MS · On-site
$20.99 - $33.59/hr
... of insurance and underwriting. • Review and study underwriting manual, policy contracts and procedures to increase skillset in field. • Attend various meetings, conferences and seminars as ...
Underwriter Trainee
$43K - $69K/yr
... of insurance and underwriting. • Review and study underwriting manual, policy contracts and procedures to increase skillset in field. • Attend various meetings, conferences and seminars as ...
Underwriter Trainee
$43K - $69K/yr
... of insurance and underwriting. • Review and study underwriting manual, policy contracts and procedures to increase skillset in field. • Attend various meetings, conferences and seminars as ...
Underwriter Trainee, Marine
Pasadena, CA · On-site
$65K - $75K/yr
We provide unique insurance and risk management tools from our experienced staff of account executives, underwriters and loss prevention engineers and fair and timely claim settlement from a skilled ...
Underwriter Trainee, Marine
Pasadena, CA · On-site
$65K - $75K/yr
We provide unique insurance and risk management tools from our experienced staff of account executives, underwriters and loss prevention engineers and fair and timely claim settlement from a skilled ...
Underwriter Trainee, Marine
Chicago, IL · On-site
$65K - $75K/yr
We provide unique insurance and risk management tools from our experienced staff of account executives, underwriters and loss prevention engineers and fair and timely claim settlement from a skilled ...
Underwriter Trainee, Marine
Chicago, IL · On-site
$65K - $75K/yr
We provide unique insurance and risk management tools from our experienced staff of account executives, underwriters and loss prevention engineers and fair and timely claim settlement from a skilled ...
Underwriter Trainee, Marine
$65K - $75K/yr
We provide unique insurance and risk management tools from our experienced staff of account executives, underwriters and loss prevention engineers and fair and timely claim settlement from a skilled ...
Underwriter Trainee, Marine
$65K - $75K/yr
We provide unique insurance and risk management tools from our experienced staff of account executives, underwriters and loss prevention engineers and fair and timely claim settlement from a skilled ...
Underwriter Trainee, Marine
Pasadena, CA · On-site
$65K - $75K/yr
We provide unique insurance and risk management tools from our experienced staff of account executives, underwriters and loss prevention engineers and fair and timely claim settlement from a skilled ...
Underwriter Trainee, Marine
Pasadena, CA · On-site
$65K - $75K/yr
We provide unique insurance and risk management tools from our experienced staff of account executives, underwriters and loss prevention engineers and fair and timely claim settlement from a skilled ...
Middle Market Commercial Lines Associate Underwriter/Underwriter Trainee
New Hartford, NY · On-site +1
$41K - $61K/hr
The Company At Utica National Insurance Group, 1,400 employees countrywide take our corporate ... Underwriter Trainee. In this role, you will be responsible for screening applications for missing ...
Middle Market Commercial Lines Associate Underwriter/Underwriter Trainee
New Hartford, NY · On-site +1
$41K - $61K/hr
The Company At Utica National Insurance Group, 1,400 employees countrywide take our corporate ... Underwriter Trainee. In this role, you will be responsible for screening applications for missing ...
Middle Market Commercial Lines Associate Underwriter/Underwriter Trainee
Hartford, NY · On-site
$41K - $61K/yr
The Company At Utica National Insurance Group, 1,400 employees countrywide take our corporate ... Underwriter Trainee. In this role, you will be responsible for screening applications for missing ...
Middle Market Commercial Lines Associate Underwriter/Underwriter Trainee
Hartford, NY · On-site
$41K - $61K/yr
The Company At Utica National Insurance Group, 1,400 employees countrywide take our corporate ... Underwriter Trainee. In this role, you will be responsible for screening applications for missing ...
Commercial Lines Underwriter
Cedar Rapids, IA · On-site +1
Serve as a resource mentor when needed to Associate Underwriters and Trainees, approve risks within ... Insure risk is properly classed. IRPM's, experience rating of judgment rates when necessary. Place ...
Commercial Lines Underwriter
Cedar Rapids, IA · On-site +1
Serve as a resource mentor when needed to Associate Underwriters and Trainees, approve risks within ... Insure risk is properly classed. IRPM's, experience rating of judgment rates when necessary. Place ...
Underwriter Trainee/Underwriter/Sr. Underwriter - Medical
Chicago, IL · On-site
$70K - $110K/yr
Utilizing underwriting tools, e.g., models, actuarial services, claims and risk management ... Health, Dental and Disability Insurance, a company match 401k plan, and Group Term Life Insurance.
Underwriter Trainee/Underwriter/Sr. Underwriter - Medical
Chicago, IL · On-site
$70K - $110K/yr
Utilizing underwriting tools, e.g., models, actuarial services, claims and risk management ... Health, Dental and Disability Insurance, a company match 401k plan, and Group Term Life Insurance.
Commission Insurance Underwriter Trainee information
See salary details
$32.5K - $42.2K
5% of jobs
$42.2K - $52K
9% of jobs
$60.6K is the 25th percentile. Wages below this are outliers.
$52K - $61.7K
12% of jobs
$61.7K - $71.4K
20% of jobs
The median wage is $74.5K / yr.
$71.4K - $81.1K
12% of jobs
$87.7K is the 75th percentile. Wages above this are outliers.
$81.1K - $90.9K
25% of jobs
$90.9K - $100.6K
7% of jobs
$100.6K - $110.3K
3% of jobs
$110.3K - $120K
2% of jobs
$120K - $129.8K
2% of jobs
$129.8K - $139.5K
2% of jobs
$32.5K
$78.9K
$139.5K
How much do commission insurance underwriter trainee jobs pay per year?

Full-time
Medical, Retirement, PTO
Posted 5 days ago
Job description
At AXIS, we believe that we are only as strong as our people. We strive to create an inclusive and welcoming culture where employees of all backgrounds and from all walks of life feel comfortable and empowered to be themselves. This means that we bring our whole selves to work.
All qualified applicants will receive consideration for employment without regard to any protected characteristic, including age, color, disability, ethnicity, gender identity, marital status, national origin, pregnancy, race, religion, sex, sexual orientation, veteran status, or any basis prohibited by the laws that govern its operations.
Underwriter Trainee - Environmental
The Underwriter Trainee position is central to an effort designed to provide the company with successfully trained underwriters, with relevant experience to assume future underwriting positions. Trainees are expected to develop critical underwriting skills, through independent and on-the-job training. Trainees will be expected to observe and work with underwriters, actuaries, and claim representatives to become familiar with the functions of these positions and how they interact and work with each other. The candidates will be required to establish, support, and maintain effective relationships with peers, customers, and brokers. It is anticipated that the Underwriter Trainee will progress through the 3 levels of the Trainee program, culminating in eligibility for an underwriter position.
Key Duties & Responsibilities:
Responsibilities will include analyses of potential and existing customers by gathering and reviewing information on the companies' financial condition, loss and exposure history, and other relevant information to determine underwriting acceptability. Duties will also entail assessing economic or climatic trends and geographic acceptability of the risks and other important criteria that may affect the type of insurance coverage provided and premiums ultimately charged. Under moderate supervision, Trainees will assess risk, and sets rates & coverage levels. To be eligible for an underwriter role, the Trainee will have demonstrated the following:
Level I
- Understand Axis' financial strength rating and its standing among its peer group
- Fully understand the assigned business unit risk appetite including the type of risks targeted and segments of business that are desirable and those that are not.
- Accurately assign AICS codes to submissions through the study of the unit's underwriting rules and guidelines.
- Develop a working knowledge of the unit's minimum premiums, attachment points and commission levels.
- Review and develop a working knowledge of the unit's forms and basic endorsements.
- Understand how insurance rates are developed and how loss and combined ratios are determined.
- Understand the impact of rate changes on loss ratios.
- Develop a working knowledge of the underwriting process from initial submission through the life cycle of the customer interaction.
- Understand how information is utilized in underwriting decisions.
- Participate in the unit's Peer Reviews
- Complete rotational assignment (1 to 2 weeks) into one adjoining UW group and 1 support unit (Claims and Actuarial)
- Complete 1 CPCU (or other manager approved) classes/exams.
Level II
- Review new and renewal submissions for acceptability of risk, opportunity for Axis and completeness of information
- Gather additional information via the internet or other sources as needed or request additional information from brokers or claims department.
- Pull AXIS loss runs and review external loss runs for acceptability
- Fully complete underwriting analysis worksheets (operations, exposures, financial history, loss history etc.)
- Perform the appropriate rating (if needed) to support the pricing of the risk.
- Determine the appropriate price and attachment point of the risk.
- Prepare and present risk for Peer Review
- Update account information and analysis worksheet based on recommendations from peer review process
- Present draft quote to underwriter for acceptability and formal quote.
- Prepare binder and provide to underwriter for approval and issuance
- Accompany underwriters and participate in broker meetings
- Review endorsement requests for acceptability and provide written recommendation or rejection of the request to underwriter for approval
- Review loss control reports and recommendations and detail the appropriate areas of concern for final review by underwriters
- Review policies for accuracy and approval or advise discrepancies.
- Complete rotational assignments (1-2 weeks) into 2 support units
- Complete 1 CPCU (or other manager approved) classes/exams.
Level III
- Prepare detailed analysis of risks for Peer Review
- May contact broker to obtain additional required information
- Sets appropriate premium rates and coverage
- Present risks to appropriate individual or team for Peer Review
- Issue Quotes to brokers on new and renewal business per underwriter direction
- Review and approve endorsement requests and calculate any associated premiums.
- Review audit worksheets and calculate final premium audits.
- Participate in marketing (with underwriters) the company's products and services through Axis' approved broker network.
Required Education/Training & Experience:
- A Bachelor's degree in Risk Management and Insurance, Business Administration, Finance and Accounting, Economics, Marketing, or Liberal Arts or, an equivalent combination of education and experience
- Excellent written and verbal communication skills
- Demonstrated analytical skills and business acumen
- Proficiency in Microsoft Office suite applications (Outlook, Word, Excel, and PowerPoint)
- Mobility to relocate may be required ---relocation assistance provided by AXIS
Other desired skills and characteristics:
- High energy self-starter, good decision-maker with an entrepreneurial spirit
- Marketing and sales skills and interest
- Solid time management skills
- Excellent negotiation and interpersonal skills
- Team player
For this position, we currently expect to offer a base salary in the range of $75,000 to $100,000. Your salary offer will be based on an assessment of a variety of factors including your specific experience and work location.
In addition, you will be offered competitive target incentive compensation, with awards based on overall corporate and individual performance. On top of this, you will be eligible for a comprehensive and competitive benefits package which includes medical plans for you and your family, health and wellness programs, retirement plans, tuition reimbursement, paid vacation, and much more.
Where this role is based in the United States of America, this role is [Exempt/Non-Exempt] for FLSA purposes.
This posting is for an existing vacancy.