What are the responsibilities and job description for the Underwriter Trainee position at Builders Mutual?
At Builders Mutual, we believe in the power of a team to get the job done right.
Our team does their best work each day, creating a one-stop resource for all commercial insurance solutions and construction safety resources, leading to powerful results. Our cultural elements of teamwork, inclusion, expertise, and community aren't just words on a page—it's integral to who we are, how we work, and what sets us apart. We live out our values every day, striving to serve better and achieve more.
The Opportunity
Leverage your industry expertise and join our expanding team in this Underwriting Trainee opportunity. The Underwriter Trainee will learn to effectively evaluate risks and set premium pricing for all lines of business and transaction types found within the BMIC book of business, primarily composed of workers compensation, commercial package, business auto, and inland marine coverage for construction industry clients.
The underwriter trainee will work through a training program composed of formal study as well as job shadowing with experienced underwriters to gain a solid fundamental understanding of BMIC’s business and processes. The success of our company is rooted in teamwork, the way we care about the people we work with and serve. This hybrid role will work in our Raleigh office a minimum of two days with the flexibility of working from home three days a week.
Your WORK as an Underwriter Trainee will make a difference by:
- Learn to underwrite and screen all lines and transaction types with a concentration on small account new business submissions within designated authority. Verifies file completeness; requests and follows up for outstanding information
- Learn to properly rate all lines of business in a timely and accurate manner using both automated and manual methods
- Order and evaluate various documents needed in rating and underwriting processes such as risk management reports, motor vehicle reports, loss history reports, financial reports, etc.
- Work with company underwriters in a collaborative fashion to learn the underwriting process. Develop skills necessary for success as an underwriter by working through assigned transactions within a limited authority
Skills to get the JOB done RIGHT:
- Bachelor’s degree or an equivalent combination of education and relevant insurance experience
- Excellent customer service skills
- Strong PC proficiency
WHY YOU’LL LOVE TO WORK HERE
- Builders Mutual cares about you, and we offer comprehensive employee benefits built to support your success and wellbeing, including:
- Market-driven compensation and bonus plan
- 3 weeks of paid time off (and your birthday too!)
- 37.5-hour work week; end your Friday at 2:30 PM
- Builders University for employees, dedicated to supporting the development and enhancing expertise
- Earn swag and extra time off through peer recognition Builders Bucks program
LIFE at Builders Mutual
- Collaboration| You are part of a team working together to reach a common goal.
- Empowerment| You will feel trusted, valued, and given the resources to be successful.
- Flexibility| You will be part of a dynamic work environment designed to allow you to do your best work while also creating the best possible customer experience.
- Impact| You will positively influence our business, customers, and industry.
- Sense of pride | You will tell others how much you enjoy working at Builders Mutual.
