What are the responsibilities and job description for the Contract Surety Underwriter Trainee position at IAT Insurance Group?
Raise your hand if you’re naturally curious and enjoy learning about different industries and how their businesses operate. We get that. In fact, this Underwriting Trainee role might be the perfect career launch to keep you learning, analyzing and growing. This position exposes hires to all angles of the Underwriting profession and will prepare hires to apply analytical skills to evaluate business risk from an insurance standpoint.
Building a strong career foundation is imperative to professional growth – that’s why our Underwriting Trainee program is designed to provide hires with the skills needed for a rewarding future in Underwriting. Trainees will be mentored by a designated coach to learn about the company, and the part they’ll play in making IAT successful.
This position is a great entry-level career opportunity and/or a great position for someone with several years of industry experience who wants to continue to learn and grow in the insurance industry. The program consists of Home Office classroom sessions, Field Office training and individual study. This program offers qualified candidates the chance to learn about the insurance business and the opportunity for a successful career in the surety industry. Please note, IAT works on a hybrid schedule, working from the office Monday through Wednesday with the option of working remotely Thursday and Friday.
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Assessing legal documents including contracts, bond forms, General Agreements of Indemnity and similar documents
- Evaluating the financial position of firms by analyzing their financial statements, job schedules and credit reports
- Analyzing a construction firm’s management and organizational capabilities to prosecute single projects and overall work program
- Developing effective business relationships with agency partnerships
- Closely interacting with Branch Management and Home Office personnel
- Perform other duties as necessary
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A four-year college degree or equivalent applicable experience (we will consider May 2025 graduates).
- Equivalent is defined as 4 years of applicable insurance industry experience.
- The desire and ability to travel
- Excellent oral and written communication skills as well as demonstrated leadership, professionalism, organization and time management
- Must be authorized to work in the United States without visa sponsorship by employer, now or in the future
*Current IAT employees must have been in their role for at least six months and must have received, at a minimum, a “Meets Expectations” during their performance review to be eligible for the program.
IAT is the largest private, family-owned property and casualty insurer in the U.S. Insurance Answers Together® is how we define IAT, in letter and in spirit. We work together to provide solutions for people and businesses. We collaborate internally and with our partners to provide the best possible insurance and surety options for our customers.
At IAT, we’re committed to driving and building an open and supportive culture for all. Our employees propel IAT forward – driving innovation, stable partnerships, and growth. That’s why we continue to build an engaging workplace culture to attract and retain the best talent.
We offer comprehensive benefits like:
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26 PTO Days (Entry Level) 12 Company Holidays = 38 Paid Days Off
- 7% 401(k) Company Match and additional Profit Sharing
- Hybrid work environment
- Numerous training and development opportunities to assist you in furthering your career
- Healthcare and Wellness Programs
- Opportunity to earn performance-based bonuses
- College Loan Assistance Support Plan
- Educational Assistance Program
- Mentorship Program
- Dress for Your Day Policy
All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, sexual orientation, gender identity, national origin, disability, or status as a protected veteran. We maintain a drug-free workplace and participate in E-Verify.
To view details of our full benefits, please visit https://www.iatinsurancegroup.com/careers/benefits
