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Underwriting Trainee Program Jobs in Idaho (NOW HIRING)

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Underwriting Trainee Program information

What is the difference between Underwriting Trainee Program vs Underwriter?

AspectUnderwriting Trainee ProgramUnderwriter
CredentialsTypically requires a bachelor's degree, often in finance, economics, or related fieldsRequires relevant experience, certifications (e.g., CPCU), and industry knowledge
Work EnvironmentTraining-focused, entry-level, often in an office settingDecision-making role, responsible for evaluating risks and approving policies
Industry UsageCommonly used for onboarding new talent in insurance companiesEstablished professional role within insurance and reinsurance firms

The Underwriting Trainee Program is designed to train newcomers with foundational knowledge and skills, preparing them for a full underwriting role. In contrast, an Underwriter is an experienced professional responsible for assessing risks and making underwriting decisions. The program serves as a stepping stone toward becoming an underwriter, who typically has more industry experience and certifications.

What are the key skills and qualifications needed to thrive as an underwriting trainee, and why are they important?

To thrive in an Underwriting Trainee Program, you generally need a bachelor's degree (often in finance, business, or a related field), strong analytical abilities, and numerical proficiency. Familiarity with underwriting software, Microsoft Excel, and sometimes progress toward industry certifications like CPCU is beneficial. Attention to detail, effective communication, and eagerness to learn are standout soft skills for this entry-level role. These skills enable trainees to accurately assess risk, collaborate with teams, and develop into successful underwriters.

What is an underwriting trainee program?

An Underwriting Trainee Program is a structured entry-level development program designed to train individuals in the fundamentals of insurance underwriting. Trainees learn how to assess risks, price insurance policies, and make decisions about coverage under the guidance of experienced underwriters. These programs typically combine classroom instruction, on-the-job training, and mentorship. Upon successful completion, trainees may transition into full-time underwriting positions with increased responsibilities.

What types of projects and responsibilities can I expect to handle during an underwriting trainee program?

As an Underwriting Trainee, you will typically rotate through different lines of business and assist experienced underwriters in evaluating insurance applications, assessing risk, and determining policy terms. You'll be involved in reviewing financial documents, communicating with brokers and clients, and learning about regulatory compliance. The program often includes both classroom training and on-the-job experience, providing a well-rounded introduction to the underwriting process. This hands-on exposure helps you build foundational knowledge and prepares you for more independent underwriting responsibilities after completing the program.
What are popular job titles related to Underwriting Trainee Program jobs in Idaho? For Underwriting Trainee Program jobs in Idaho, the most frequently searched job titles are:
What job categories do people searching Underwriting Trainee Program jobs in Idaho look for? The top searched job categories for Underwriting Trainee Program jobs in Idaho are:
What cities in Idaho are hiring for Underwriting Trainee Program jobs? Cities in Idaho with the most Underwriting Trainee Program job openings:

Underwriting Assistant Trainee - Commercial Lines (Boise, ID)

USLI

Boise, ID • On-site

$18.50 - $25.50/hr

Full-time

Re-posted 7 days ago


Job description

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Notice: Applicants must be authorized to work for ANY employer in the U.S. We are unable to sponsor or take over sponsorship of an employment visa at this time. However, USLI reserves its right to provide employment-based immigrant visa assistance on a discretionary basis.
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Underwriting Assistant Trainee - Commercial Lines (Boise, ID) Location: Boise, ID Team: Commercial Lines Job Type: Underwriting FT/PT Status: Full Time
About Us: At USLI, we're not just about insurance - we are committed to making a difference, both internally and externally. Our community is built upon five values: Caring, Attitude, Respect, Empathy and Energy. Our commitment to these values leads us to make better decisions and furthers our true sense of community. By joining our team, you will be a part of a vibrant organization that values innovation, collaboration, and growth. Here, you will have the opportunity to shape the future of insurance and make a meaningful impact.
Your Role: You will work closely with underwriters and underwriting assistants to support the binding of insurance, as well as collaborate with insurance agents and brokers to service policies and follow-up on underwriting information. This role encourages professional development, provides opportunities for growth, and emphasizes building your insurance acumen for long-term advancement.
Key Responsibilities:
  • Collaborate across departments: Work with multiple teams to ensure the best possible outcome for our customers while minimizing touchpoints and optimizing service delivery
  • Evaluate information: Analyze applications, web search results, and business quoted via the web with guidance from coaches and leaders
  • Process customer requests: Gather and review information to handle requests, including binder delivery and endorsements
  • Decision making: Apply critical thinking, problem solving and an underwriting mindset, partnering with coaches to work within authority and obtain approvals when necessary
  • Handle customer inquiries: Review and professionally handle all customer inquiries, focusing on quality, efficiency and providing exceptional service
  • Professional development: Pursue growth and development opportunities through USLI University, continuing education, workshops, and classes
  • Develop product knowledge: Work with coaches, leaders and underwriters to develop in-depth knowledge of all products handled within the specific Underwriting Assistant Team. Additional opportunities for cross-training are available long-term
  • Understand interdepartmental collaboration: Develop understanding of interdepartmental relationships and the duties of each, including Policy Issuance, Underwriting Services, Billing, and Underwriting, to support efficient workflow execution

What You'll Bring:
  • Strong organizational skills: Ability to manage multiple tasks with meticulous attention to detail
  • Independence: Ability to work independently in a fast-paced team environment
  • Desire to learn: Eagerness to learn and understand our insurance product offerings and pursue continuing education
  • Customer-centric focus: Commitment to providing exceptional customer service by placing our customers at the center of everything you do
  • Effective communication skills: Ability to produce clear, concise, and effective oral and written communication which is adaptable to different audiences

Qualifications:
  • Education: College degree or equivalent business experience required

What We Offer: One of the advantages of working at USLI is the competitive salary and benefits program we offer full-time and eligible part-time employees. Benefits include performance-based triannual bonuses, medical benefits paid at 100% for full-time employees and 80% for eligible part-time employees, a profit-sharing program, free lunch every day while onsite, and more than 450 annual personal and professional development courses. Explore more company benefits .
Why USLI? At USLI, we are committed to fostering a vibrant and inclusive community that celebrates the rich diversity of all ethnicities, nationalities, abilities, genders, gender identities, sexual orientations, ages, religions, socioeconomic backgrounds, and life experiences. We understand the importance of continuous learning, self-reflection, acknowledging our biases, and expanding our perspectives beyond our own. We actively encourage open dialogue on diversity, equity, inclusion, and belonging to support a workplace where every individual feels valued, respected, and empowered to contribute at their fullest potential. Join us in building a diverse and inclusive environment where our shared values drive us toward excellence.

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About USLI

Sourced by ZipRecruiter

Industry

Insurance services

Company size

1,001 - 5,000 Employees

Headquarters location

Wayne, PA, US

Year founded

1951