Underwriter Trainee-Contract Surety
We’re not like other insurance companies. From our specialty products to our business model, our culture to our results — we’re different. Different is who we are, and how we work, interact, deliver and succeed together. Creating a different and better insurance experience doesn’t just happen. It takes focus and a shared passion for going beyond the expected to forge relationships and deliver care that makes a difference. This approach rises from and is supported by our talented, ethical and smart team of employee owners united around a single purpose: to work alongside our customers and partners when they need us, in unexpected ways, with exceptional results. Apply today to make a difference with us.
Under frequent supervision, learn and train in the field of Contract Surety underwriting. Trainee will be taught to underwrite the risks associated with providing contract bonds to construction companies, guaranteeing their contractual obligations. This position will be based in RLI’s Tempe, AZ office and report to the Southwest Region** Director in Colorado. A small amount of travel (< 10%) will be required as the trainee shadows underwriters in the field and attends company-sponsored meetings and training opportunities. Trainee will study for and complete insurance examinations (i.e. AICPCU surety-specific courses), as deemed appropriate. This position will involve remote supervision and a combination of frequent virtual and in-person communication with the underwriting team. A strong, independent work-ethic is required.
**RLI’s Southwest Region encompasses agents and clients in AZ, CO, NV, NM, UT,
WY and parts of So. California.
To learn more about RLI Surety, please see the links below:
Principal Duties & Responsibilities
-Learn about the field of Contract Surety underwriting through hands-on training, independent learning, shadowing underwriters, and other educational opportunities.
-Assist the Contract Surety underwriting team for the Southwest Region through special projects, data entry and financial analysis, construction agreement reviews, formulating underwriting decisions and agency interaction.
-Study for and complete insurance examinations needed for career progression (i.e. AICPCU surety-specific courses), as deemed appropriate.
-Perform other duties as assigned.
Education & Experience
Requires a bachelor’s degree in finance, accounting, insurance, risk management, business or a related field.
Knowledge, Skills, & Competencies
-Ability to use analytical methods in underwriting processes to find workable solutions.
-Ability to understand and professionally communicate findings and recommendations to internal and external contacts on underwriting matters
-Ability to understand underwriting processes and procedures, including financial analysis and accounting methodologies
-Strong, independent work-ethic and the ability to follow directions and follow through
-Strong written and verbal communication skills
-High sense of customer service and a willingness to go above and beyond to achieve desired result
-Ability to work well within a team environment both remotely and in-person