Underwriting Trainee

Underwriting Trainee page is loaded## Underwriting Trainee locations:
California - Sacramento time type:
Full time posted on:
Posted Yesterday job requisition :
Tokio Marine HCC – Surety Group Underwriting Trainee 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.

Position Overview During the first-year Sacramento, California, 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.

Timeline and Performance Objectives
* 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. Willingness to travel to Los Angeles Home Office for training.
* Beyond the first year:
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.

Education and Experience
* 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.

For candidates working in person in Sacramento, the reasonable pay range for this specific position is $27.95 to $38.41 per hour.  The salary offered for this specific position is based on a number of legitimate, non-discriminatory factors set by the Company. 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.

The salary range is the range TMHCC, in good faith, believes is the range of possible compensation for this role at the time of this posting. This range may be modified in the future, and actual compensation may vary from posting based on geographic location, work experience, education, and/or skill level. Even within the pay range, the actual compensation will vary depending on the above factors as well as market and business considerations.

The Tokio Marine HCC Group of Companies are equal opportunity employers. Please visit  for more information about our companies.

The Company believes in “second chance” employment.  As an insurance company, however, we must…