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Underwriting Trainee – GenStar

Shape Your Future With Us

General Star is a premier specialty and surplus lines provider, underwriting specialty property and casualty (P&C) insurance for risks with more difficult exposures. It markets its products through appointed wholesale brokers and managing general agents (MGAs) in the U.S. General Star is a wholly-owned subsidiary of General Re Corporation, a subsidiary of Berkshire Hathaway Inc. General Re Corporation is a holding company for global reinsurance and related operations, with more than 2,000 employees worldwide.

We currently offer an excellent opportunities for Underwriting Trainees in the Atlanta, Chicago, and Los Angeles offices of the Property Brokerage Division.

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Your Role

The Underwriter Trainee is responsible for learning the elements of underwriting, including client relationship management and the fundamentals of the insurance industry, with the goal of proceeding to the position of Underwriter.

Responsibilities include reviewing and acting upon applications for the varied products offered by the Property Division for the purpose of developing insurance quotes with the expectation of profit. With a manager or mentor, Underwriting Trainees are responsible for learning the skills of risk and exposure analysis, how to conduct research and learning pricing techniques and coverage terms and structures. In addition, Underwriter Trainees will learn negotiating skills, how to analyze market information, and to develop client relationships through phone, in-person visits and industry events.

Your Profile

  • College degree
  • Suggested majors: Business, Marketing, Liberal Arts, Risk Management
  • Prior intern experience and/or professional experience desirable
  • Strong verbal and written communication skills
  • Enthusiastic team player / self-starter
  • Good critical thinking skills and organizational ability
  • Sound computer skills (Microsoft Office Suite)
  • Demonstrated commitment to learning
  • Eligible to work in the US

Contact

Rachel Kuntz, Human Resources
rachel.kuntz@genre.com

Our Address

One North Wacker Drive, Suite 800
Chicago, IL 60606 (US)

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