Underwriting Trainee

Who we are: 
Join the Falvey Insurance Group Family Specializing in solutions for cargo, supply chain, logistics and transportation; as well as pride ourselves in World-Class customer Service.  
At Falvey, being a part of the family has nothing to do with your last name. 
As a family-owned business, tight knit values are central within our organization and remain strong despite our growth to 200+ employees. We encourage one another, celebrate each other's successes and genuinely care about each other. Employee recognition, career development plans, and internal events are at the heart of our organization. 

Job Summary:
We are seeking motivated and detail-oriented individuals to join our team for a one-year underwriting trainee program. This entry-level position provides an excellent opportunity for recent graduates or individuals looking to start a career in underwriting. As a trainee, you will receive comprehensive training on risk assessment, policy evaluation, and underwriting principles to develop the skills needed to make informed decisions on insurance applications.

Key Responsibilities:
Participate in structured training programs to learn:

• Insurance fundamentals
• General underwriting principles, guidelines, and procedures.
• Learn and apply company policies, industry regulations, and compliance standards.
• Develop an understanding of different insurance products and market trends.
• Collaborate with various departments to ensure seamless underwriting operations.

Trainees will work within our various Underwriting disciplines on an 11-week rotating basis and will assist with the following:

• Assist underwriters in evaluating insurance applications, financial documents, and risk factors.
• Analyze data to determine policy eligibility, coverage amounts, and pricing.
• Work closely with senior underwriters, agents, and clients to gather necessary information.
• Support the preparation of reports and documentation for underwriting decisions.
• Assist in reviewing and processing policy renewals and endorsements.

Qualifications:

• Bachelor’s degree in finance, business, insurance, risk management, or a related field preferred.
• Strong analytical and problem-solving skills.
• Excellent communication and interpersonal abilities.
• Detail-oriented with strong organizational skills.
• Proficiency in Microsoft Office Suite (Excel, Word, Outlook).
• Ability to learn quickly and adapt to a fast-paced environment.
• Prior internship or work experience in insurance, finance, or a related field is a plus but not required.