Underwriting Trainee

Berkley
$51,378 - $74,527 a year
Morris County, New Jersey
Full time
2 days ago
Company Details:

Berkley One
is a modern insurance provider for a modern generation of affluence. We serve clients who live dynamic, adventurous lives and expect their insurance experience to match. Our mission is to deliver highly personalized risk and claims management through a blend of expert independent agents, cutting-edge digital tools, and the strength of the Berkley brand.

Why Join Us?

At Berkley One, you’ll be part of a forward-thinking team that’s reimagining personal insurance. We’re building solutions that are as sophisticated and agile as the clients we serve—individuals and families who value innovation, simplicity, and exceptional service. You’ll collaborate with passionate professionals, leverage modern technology, and help shape the future of our industry.

What We Value
  • A client-first mindset with a passion for delivering exceptional experiences
  • Curiosity, creativity, and a drive to challenge the status quo
  • Collaboration across disciplines to build smarter, more intuitive solutions
  • Integrity, expertise, and a commitment to excellence
Join us in creating a new standard in personal insurance—where protection meets possibility.

This role will be based in our Morristown, NJ office. We offer a hybrid work schedule with 4 days in the office; and 1 day remote where it makes sense to do so.
#LI-AV1 #LI-HYBRID
The company is an equal opportunity employer.
Responsibilities:
As a Berkley One Underwriting Trainee, you'll participate in a structured training program combining formal instruction and hands-on experience. This program builds foundational knowledge in high-net-worth personal lines, including product language, underwriting principles, risk assessment, customer relationship management, and sales proficiency. You'll gain:

Industry Knowledge
  • Gain a broad understanding of the insurance industry, market dynamics, and company objectives.
  • Develop insight into company operations, strategies, financials, and competitive positioning.
Product & Service Expertise
  • Learn and apply knowledge of policy forms and coverage to assess exposures.
  • Compare company offerings with competitors to identify and communicate differentiators.
  • Effectively present company services tailored to client needs.
Book Management & Pricing
  • Understand basic pricing, growth, and profitability goals in underwriting decisions.
  • Analyze risk data to determine account eligibility while considering client needs.
  • Make informed decisions on pricing, terms, and conditions within authority limits.
  • Align underwriting decisions with business line and customer segmentation strategies.
  • Refer accounts beyond authority and consistently meet service standards.
Sales & Customer Relationship Management
  • Identify client needs and align product offerings accordingly.
  • Negotiate coverage, pricing, and terms.
  • Build and maintain strong relationships with current and prospective clients.
Qualifications:
  • Bachelor’s degree or equivalent experience.
  • Preference for insurance, risk management, and actuary majors.
  • Exposure to P&C insurance through an internship or first job preferred.
  • Strong verbal and written communication skills with a positive, professional demeanor.
  • Detail-oriented, proactive, and able to thrive in a fast-paced team environment.
  • Excellent interpersonal skills and ability to collaborate across all organizational levels and with customers.
Sponsorship Details: Sponsorship not Offered for this Role
Apply
Other Job Recommendations:

Financial Lines Digital Underwriter

Chubb Insurance
Capitol Planning Region, Connecticut
$47,348 - $59,953 a year
  • Handle underwriting requests within our digital book of...
  • Collaborate with team members to ensure the integration of...
3 days ago

Executive Underwriter

Chubb Insurance
Chicago, Illinois
$91,372 - $160,473 a year
  • Provide coaching and mentoring to a team of 2-3...
  • Manage underwriting and rate strategies that garner...
3 days ago

Commercial Lines Underwriter

Auto-Owners Insurance
Columbia, Missouri
$57,543 - $72,863 a year
  • Learn various insurance coverages and contracts along with...
  • Participate in and successfully complete the Company...
1 day ago

Non-QM Underwriter - Pacific Time Zone Work Schedule

Summit Funding
$60,000 - $102,000
  • We offer a competitive compensation structure
  • Full benefits include 401K with match, medical, dental,...
2 weeks ago

Executive Underwriter, Team Leader - Commercial Insurance

Chubb
City of White Plains, New York
$145,000 - $200,000
  • Managing profit and growth for the assigned territory and...
  • Successful market penetration and agency management...
1 week ago

Underwriter (Private / Not-for-Profit)

Chubb
Capitol Planning Region
  • Work in conjunction with local branch counterparts to...
  • Bachelor’s Degree in Finance or equivalent is preferred...
2 weeks ago

Senior Underwriter, Commercial Insurance Specialty

Chubb
Arapahoe County, Colorado
$114,600 - $194,800
  • Underwriting duties will include developing and negotiating...
  • This position must collaborate with other underwriters,...
2 weeks ago

Farm Underwriter

Indiana Farm Bureau Insurance
Indianapolis, Indiana
$45,935 - $61,955 a year
Evaluates risks according to underwriting guidelines and experience and recommends risk improvement and/or loss control measures...
3 weeks ago