Job Description
Underwriting Trainee, Inland Marine Apply locations: San Francisco, California Time type: Full time Posted on: Posted 9 Days Ago Job requisition id: R2201 As a leading provider of insurance and reinsurance with worldwide operations, we recognize that our success is derived directly from those who matter the most: our people . At Sompo International, our values of integrity, collaboration, agility, execution, and excellence underpin our culture and our commitment to providing an employee experience that attracts and engages the best talent in the industry. Job Description Sompo has a unique opportunity for a 2025 Inland Marine Underwriting Trainee in our Denver, CO, and Chicago, IL offices. Our Trainee Program is an 18-month program beginning in July 2025 designed to equip you with the essential business and technical skills needed to build a successful career in insurance. As an Underwriting Trainee, you will work alongside the most experienced underwriters in the industry to gain in-depth knowledge of our business units and underwriting philosophy through on-the-job learning and workplace mentoring. Our Trainees work directly on their products’ accounts, building relationships and identifying customers’ needs. This rigorous curriculum also includes training in negotiation, risk analysis, and relationship management. What can I expect as an Underwriting Trainee? On-The-Job Learning: Sompo Trainees are immersed in the day-to-day activities of their team, assisting Underwriters in exposure analysis and operational analysis of insureds, compiling a competitor analysis from a publicly available database, working with Underwriting Assistants in developing renewal lists, contacting brokers for submissions, and accompanying underwriters during internal meetings and occasional external marketing calls. Activities, Learning and Development Directed Self-Study: Professional designation courses give new Trainees technical knowledge of insurance operations and industry practices. Sompo supports our employees pursuing continuing education opportunities by covering the cost for fees and textbooks, offering time off work to take exams, and providing additional compensation for successful completion of many courses. Career Development Support: At Sompo, we are committed to developing our people. We encourage employees to strengthen their skills and expand their understanding of the business. Our Underwriting Trainees receive professional development training on a variety of topics aligned with their respective business unit. What will I need to be an Underwriting Trainee? Qualifications, Skills, and Experience Bachelor’s degree required Graduation date between May 2024 and May 2025 Critical thinking ability and analytical skills Strong communication skills Ability to work independently and collaborate with others Integrity and reliability Technical accuracy and software skills Willingness to relocate Salary Range: $65,000 – $77,500. Actual compensation for this role will depend on several factors including the cost of living associated with your work location, your qualifications, skills, competencies, and relevant experience. Sompo is an equal opportunity employer and we intentionally value inclusion and diversity. Above all, we want you to work in an environment that respects everyone’s unique contributions – we are passionately committed to equal opportunities. We do not discriminate based on race, color, religion, sexual orientation, national origin, or age. J-18808-Ljbffr