Trainee - Associate Underwriter (Morristown, NJ or Doylestown, PA)
Crum & Foster
Location: MORRISTOWN, New Jersey
Internal Number: 2022-2402
Crum & Forster Company Overview
Crum & Forster (C&F) , with a proud history dating to 1822, provides specialty and standard commercial lines insurance products through our admitted and surplus lines insurance companies.
Approaching $4 billion in written premium as of 2021, C&F enjoys a financial strength rating of A (Excellent) by A.M. Best.
C&F is proud of its superior customer service platform and its claims and risk engineering services are recognized as among the best in the industry.
Our most valuable asset is our people 2500+ employees, and growing, in locations throughout the United States. The company is increasingly winning recognition as a great place to work, earning workplace and wellness awards.
C&F is part of Fairfax Financial Holdings, a global organization with $23.8 billion in revenue as of 2021.
For more information about Crum & Forster, please visit our website: www.cfins.com .
Information about the Surety Training Program
Surety is a credit business that provides financial and performance guarantees to a variety of industries including construction, manufacturing, financial institutions, technology and energy. Were looking for some enthusiastic, ambitious, self-starters with a track record of success to join our organization.
As a surety underwriting trainee, youll work alongside an experienced team of professionals to assist your development. The comprehensive program consists of a combination of mentorship, classroom instruction, self-study and on the on the job training. Our program is designed to provide you with a strong technical foundation for long term success.
We have opportunities available in our corporate headquarters in Morristown, NJ and Doylestown, PA (outside of Philadelphia) office.
What you will do:
Receive a hands-on introduction to surety underwriting by shadowing an experienced underwriter during the review of financial data and analysis of surety accounts. Each trainee will participate in account meetings, bond form reviews, file documentation, database entries, and management meetings.
Receive operations training that will give you firsthand experience with what happens to a surety bond from issuance to premium processing.
Participate in underwriting and claims training events and e-learning curriculum to enhance industry knowledge and professional skills.
Engage with cross functional teams and business leaders throughout the insurance operation to gain exposure of all facets of the industry.
Network with other trainees and early career individuals, including career and industry workshops, and community service opportunities, to name a few.
What you will bring to C&F:
Recent college graduate with a major in business, finance or accounting is desired but all majors will be considered.
Ability to gather and analyze data effectively.
Strong analytical and problem-solving skills.
Strong oral, written, and interpersonal communication skills.
Solid organizational, time management, and planning skills essential.
Experience with MS Office Suite (Outlook, Excel, Word & Power Point).
A passion for learning.
An innovative, entrepreneurial spirit.
Ability to take ownership and see tasks through to completion.
Ability to demonstrate leadership qualities.
Willing to relocate after the completion of the eighteen month training program.
What C&F will bring to you
Competitive compensation package
Generous 401K employer match
Employee Stock Purchase plan with employer matching
Generous Paid Time Off
Excellent benefits that go beyond health, dental & vision. Our programs are focused on your whole familys wellness, including your physical, mental and financial wellbeing
A core C&F tenet is owning your career development, so we provide a wealth of ways for you to keep learning, including tuition reimbursement, industry-related certifications and professional training to keep you progressing on your chosen path
A dynamic, ambitious, fun and exciting work environment
We believe you do well by doing good and want to encourage a spirit of social and community responsibility, matching donation program, volunteer opportunities, and an employee-driven corporate giving program that lets you participate and support your community
At C&F you will BELONG
We value inclusivity and diversity. We are committed to equal employment opportunity and welcome everyone regardless of race, color, ancestry, religion, sex, national origin, sexual orientation, age, citizenship, marital status, disability, gender identity, or Veteran status. If you require special accommodation, please let us know.