Surety Underwriting Trainee
Job ID #: 8384 Location: Richmond, VA
Functional Area: Underwriting SBU: 27101 - CL Bonds
Position Type: Full - Time
Education Required: Bachelors Degree
Experience Required: 1 - 3 Years
Relocation Provided:
Job Description
Where Great People Build Successful Careers.
The Hanover is seeking a Surety Underwriting Trainee to join our growing team in our Richmond, VA office, with an anticipated start date of June 2017.
Company Overview:
As an employee at The Hanover Insurance Group, you are part of a diverse, energetic and innovative team with a tremendous range of industry, technical and professional experience. Our staff is self-motivated to achieve their business goals and objectives. They are provided with the resources and encouragement needed to help make it happen while balancing the demands of work with personal and family needs. You can expect to be challenged by your work, encouraged by co-workers and collaborators, and supported with outstanding career development and training tools. The Hanover Insurance Group, Inc. (NYSE: THG) operates as The Hanover Insurance Company, except in Michigan, where we do business as Citizens Insurance Company of America. The Hanover, based in Worcester, Massachusetts, is a leading provider of Property and Casualty insurance products for individuals, families and businesses. The Hanover offers a wide range of Property and Casualty products and services through an extensive network of Independent Agents.
Position summary:
This career opportunity provides new-to-insurance industry professionals with the comprehensive job skills and development training necessary to launch a career in Surety. Under direct supervision, a Surety Underwriting Trainee would underwrite and service existing bond accounts. This position will provide the Surety Underwriting Trainee with the comprehensive job skills and leadership development training necessary to enhance their marketing, sales, financial, analytical, and project management skills
Responsibilities/Essential Functions:
- Underwrite risk information to determine risk acceptability and communicate resulting decisions to agents
- Develop and enhance skills, knowledge and underwriting acumen under the direction of management
- It is the expectation that competencies will increase as time in role progresses
- Participate in agent visits to understand how to cultivate broader partnerships
- Contribute to developing underwriting files/documentation
- Understand bond operating procedures and systems
- Demonstrate excellent communication skill with demonstration (narrative, professional letter, business email, and verbal
- Participate and pass Associate Fidelity and Surety Bond Designation (AFSB) Program
Position Requirements
Requirements:
- Bachelor’s Degree with a GPA 3.0 or higher
- Legal right to work in the United States without requiring sponsorship
- Excellent verbal and written communication skills
- Ability to adapt to new situations quickly and prioritize tasks and responsibilities
- An appetite to be geographically mobile
- Marketing and sales orientation
- Exceptional analytical skills
- Ability to accomplish multiple work assignments and objectives
- Ability to be geographically mobile
Recognized as one of America’s Best Employers by Forbes, The Hanover is proud to be among the top property and casualty insurers in the United States. The Hanover offers a collaborative environment where you’ll gain new experiences and grow your career. The Hanover offers comprehensive benefits to help you stay healthy, build financial security, and maintain work/life balance. At The Hanover, you’ll enjoy what you do and have the support you need to succeed.
For questions, please contact the University Relations team at college-rec@hanover.com.
EEO statement:
“The Hanover values diversity in the workplace and among our customers. The company provides equal opportunity for employment and promotion to all qualified employees and applicants on the basis of experience, training, education, and ability to do the available work without regard to race, religion, color, age, sex/gender, sexual orientation, national origin, gender identity, disability, marital status, veteran status, genetic information, ancestry or any other status protected by law.
Furthermore, The Hanover Insurance Group is committed to providing an equal opportunity workplace that is free of discrimination and harassment based on national origin, race, color, religion, gender, ancestry, age, sexual orientation, gender identity, disability, marital status, veteran status, genetic information or any other status protected by law.”
The Hanover Insurance Group does not accept unsolicited Agency resumes. The Hanover Insurance Group will not pay fees to any third party agency or firm that does not have a signed "Employment Agency Agreement" already on file with Human Resources - The Office of Talent Management.
Job ID #: 8384 Location: Richmond, VA
Functional Area: Underwriting SBU: 27101 - CL Bonds
Position Type: Full - Time
Education Required: Bachelors Degree
Experience Required: 1 - 3 Years
Relocation Provided:
Job Description
Where Great People Build Successful Careers.
The Hanover is seeking a Surety Underwriting Trainee to join our growing team in our Richmond, VA office, with an anticipated start date of June 2017.
Company Overview:
As an employee at The Hanover Insurance Group, you are part of a diverse, energetic and innovative team with a tremendous range of industry, technical and professional experience. Our staff is self-motivated to achieve their business goals and objectives. They are provided with the resources and encouragement needed to help make it happen while balancing the demands of work with personal and family needs. You can expect to be challenged by your work, encouraged by co-workers and collaborators, and supported with outstanding career development and training tools. The Hanover Insurance Group, Inc. (NYSE: THG) operates as The Hanover Insurance Company, except in Michigan, where we do business as Citizens Insurance Company of America. The Hanover, based in Worcester, Massachusetts, is a leading provider of Property and Casualty insurance products for individuals, families and businesses. The Hanover offers a wide range of Property and Casualty products and services through an extensive network of Independent Agents.
Position summary:
This career opportunity provides new-to-insurance industry professionals with the comprehensive job skills and development training necessary to launch a career in Surety. Under direct supervision, a Surety Underwriting Trainee would underwrite and service existing bond accounts. This position will provide the Surety Underwriting Trainee with the comprehensive job skills and leadership development training necessary to enhance their marketing, sales, financial, analytical, and project management skills
Responsibilities/Essential Functions:
- Underwrite risk information to determine risk acceptability and communicate resulting decisions to agents
- Develop and enhance skills, knowledge and underwriting acumen under the direction of management
- It is the expectation that competencies will increase as time in role progresses
- Participate in agent visits to understand how to cultivate broader partnerships
- Contribute to developing underwriting files/documentation
- Understand bond operating procedures and systems
- Demonstrate excellent communication skill with demonstration (narrative, professional letter, business email, and verbal
- Participate and pass Associate Fidelity and Surety Bond Designation (AFSB) Program
Position Requirements
Requirements:
- Bachelor’s Degree with a GPA 3.0 or higher
- Legal right to work in the United States without requiring sponsorship
- Excellent verbal and written communication skills
- Ability to adapt to new situations quickly and prioritize tasks and responsibilities
- An appetite to be geographically mobile
- Marketing and sales orientation
- Exceptional analytical skills
- Ability to accomplish multiple work assignments and objectives
- Ability to be geographically mobile
Recognized as one of America’s Best Employers by Forbes, The Hanover is proud to be among the top property and casualty insurers in the United States. The Hanover offers a collaborative environment where you’ll gain new experiences and grow your career. The Hanover offers comprehensive benefits to help you stay healthy, build financial security, and maintain work/life balance. At The Hanover, you’ll enjoy what you do and have the support you need to succeed.
For questions, please contact the University Relations team at college-rec@hanover.com.
EEO statement:
“The Hanover values diversity in the workplace and among our customers. The company provides equal opportunity for employment and promotion to all qualified employees and applicants on the basis of experience, training, education, and ability to do the available work without regard to race, religion, color, age, sex/gender, sexual orientation, national origin, gender identity, disability, marital status, veteran status, genetic information, ancestry or any other status protected by law.
Furthermore, The Hanover Insurance Group is committed to providing an equal opportunity workplace that is free of discrimination and harassment based on national origin, race, color, religion, gender, ancestry, age, sexual orientation, gender identity, disability, marital status, veteran status, genetic information or any other status protected by law.”
The Hanover Insurance Group does not accept unsolicited Agency resumes. The Hanover Insurance Group will not pay fees to any third party agency or firm that does not have a signed "Employment Agency Agreement" already on file with Human Resources - The Office of Talent Management.
