Underwriting Trainee

Join to apply for the Underwriting Trainee role at Tokio Marine HCC

If you answered “yes!” to those questions, Tokio Marine HCC – Surety Group has an exciting Underwriting Trainee opportunity that can launch your career in a new direction. We are looking for individuals who will analyze financial information, learn the foundations of surety underwriting, and become future leaders of the company.

While we will teach you technical terms, processes, and responsibilities on the job, we’re looking for your strengths to help build the success of our company. We’re seeking candidates with characteristics like curiosity to learn, proactive initiative to find information, thinking beyond what is presented, finding solutions to problems, good judgement and decision‑making, excellent writing skills, good presentation skills, a customer service mindset, and excellent organizational skills.

During the first year in Trevose, Pennsylvania, the program includes in‑depth knowledge and hands‑on experience in Underwriting, Claims, IT and Finance. Trainees progress during the second and subsequent years into Surety Underwriter positions at a branch location with greater underwriting and leadership responsibility.

• During the first 6 months:
  Understand surety underwriting operations. Work with Underwriting, Claims, Finance and IT departments on various projects. Understand the factors that affect and influence bond ratings and risks. Ask a lot of questions to understand the concepts and processes.
• During the first year:
  Review underwriting submissions and write the basic analysis of bond applicants’ financial statements, collateral, and related due diligence. Cultivate relationships with internal and external contacts to facilitate underwriting processes, promote business development, and stay current with industry trends. Find creative and analytical solutions to support branch underwriting activity. Complete the Associate in Fidelity and Surety Bonding (AFSB) certification.
• Beyond the first year:
  Relocate to a branch office. Determine the degree of underwriting risk on a variety of contract and commercial surety bonds, with increasing underwriting authority over time. Expand business opportunities through customer outreach, marketing activities, participation in industry events, and other business development initiatives.

• We prefer a bachelor’s degree in Risk Management, Finance, Economics, Accounting, or Business Administration, or the equivalent education and/or experience.
• The role is an entry‑level underwriting position. Internship(s) or experience in business or a related area is preferred.
• Willingness to relocate to a TMHCC Surety branch office, including among the following states:
  Arizona, California, Colorado, Connecticut, Florida, Maryland, Massachusetts, Mississippi, New Hampshire, New York, Ohio, Pennsylvania, Texas, Washington.

For candidates working in person in Los Angeles, the reasonable pay range for this specific position is $27.95 to $38.41 per hour.

The Company is fully committed to ensuring equal pay opportunities for equal work regardless of color, race, sex, national origin, sexual orientation, gender identity, gender expression, religion, age, veteran status, disability, pregnancy, citizenship status, genetic information, or any other basis protected by federal, state, or local pay equity laws.

Background checks will be conducted, but you do not need to disclose your criminal history or participate in a background check until a conditional job offer is made to you. After making a conditional offer and running a background check, if the Company is concerned about a conviction that is directly related to the job, you will be given the chance to explain the circumstances surrounding the conviction or challenge the accuracy of the background report.

This job posting is for Underwriting Trainee, and its material job duties include those listed above.