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Underwriting Trainee Program Jobs in Michigan (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 Michigan? For Underwriting Trainee Program jobs in Michigan, the most frequently searched job titles are:
What cities in Michigan are hiring for Underwriting Trainee Program jobs? Cities in Michigan with the most Underwriting Trainee Program job openings:

Training Specialist - Soft Skills Training Focused

Accident Fund Holdings, Inc.

Lansing, MI • On-site

Full-time

Posted 14 days ago


Key responsibilities

  • Facilitates and delivers training to groups, managers, external customers, and individuals on operational processes, procedures, and technologies.

  • Participates in the design, development, and implementation of training programs, materials, and curriculum.

  • Assesses training needs and evaluates training effectiveness using surveys, interviews, observations, and standard evaluation models.


Job description


SUMMARY
This role will focus primarily on underwriting and claims training.
Candidates within a commutable distance to Lansing, MI will be considered Hybrid (1-3 days per week in office)
Delivers and facilitates training to groups, managers, external customers and/or on-the-job (one-on-one) training. Topics primarily relate to operational training, processes, procedures and technologies. Provides guidance and assists in the design and development of training programs and preparation of training materials. Conducts evaluations of training and provides follow-up training to trainees as needed. Recommends training tools and formats. Works with managers and employees to identify methods of improving employee performance.
RESPONSIBILITIES
  • Participates in the design and development of training plans/curriculum
  • Project manages the implementation of training from end to end working with business SME and leaders; owning full implementation of training
  • Assesses training needs using surveys, interviews, focus groups; observations, documentation review/research and consultative discussions with leaders, Business Analysts, Subject-matter experts, content development and other trainers
  • Analyzes needs and translates training needs into an appropriate type of training plan working alongside content development
  • Provides input into the design of training implementation plans for small to medium-scale organizational system changes, releases, and workforce onboarding, and process and procedural changes
  • Provides input to the design and development of training content, including, but not limited to, leader guides, student guides, system manuals, online course content, simulations, scenarios, activities, and knowledge checks
  • Assists in the development of training modules/courses, materials, and evaluations
  • Updates facilitator talking points as needed
  • Maintains and enhances relationships with management to develop staff including special requests from management
  • Organizes, schedules and monitors training events
  • Evaluates training compliance
  • Facilitates training to groups or in a one-one-setting using a variety of instructional techniques, such as instructor-led training (synchronous and asynchronous), eLearning, simulation, hands-on, lectures, role play, group discussion and activities, case studies or other required reading
  • Works with minimal supervision
  • Works with project teams as a training expert to provide input, guidance, and support.
  • Represents department on committees and projects
  • Develops, prepares and/or completes necessary reports and manuals
  • Reviews and helps update job aids, training materials and other content to ensure ongoing accuracy
  • Develops measures, evaluates, and performs skill and knowledge checks to access training outcomes and effectiveness of training using industry standards such as Kirkpatrick's training evaluation Model
  • Participates in development of annual education goals, objectives, and budget
  • Maintains confidentiality of all information processes
  • Assists in the development and implementation of new and revised policies, practices, and procedures in the training area

EMPLOYMENT QUALIFICATIONS
  • Bachelor's degree in Learning and Development, Organizational Development, Communications, Education, Business, or related field. Master's degree preferred. Progress toward, or completion of, industry-recognized professional designation preferred. Continuous learning required, as defined by AF Group's learning philosophy. Certification, or progress toward, highly preferred and encouraged.
  • Five (5) years in an education or training environment which provides the necessary skills, knowledge, and abilities with demonstrated application of knowledge in the following areas: training, analytics, interpretation of data, process, procedure and workflow design, project management and user documentation.
  • Or, three (3) years' experience working in workers' compensation insurance with demonstrated public speaking, researching, and training skills and two (2) years education and training experience.
  • Project Management Experience is required.
  • Ability to travel for training for up 20% of time.

WORKING CONDITIONS:
Work is performed in an office/remote setting with no unusual hazards.
The qualifications listed above are intended to represent the minimum education, experience, skills, knowledge and ability levels associated with performing the duties and responsibilities contained in this job description.
PAY RANGE:
Actual compensation decision relies on the consideration of internal equity, candidate's skills and professional experience, geographic location, market and other potential factors. It is not standard practice for an offer to be at or near the top of the range, and therefore a reasonable estimate for this role is between $56,700 and $80,700.
We are an Equal Opportunity Employer. We will not tolerate discrimination or harassment in any form. Candidates for the position stated above are hired on an "at will" basis. Nothing herein is intended to create a contract.
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