Underwriting Trainee, Financial Institutions (July 2027 start)
Westfield
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- Location
- Chicago, IL
- Job type
- Full time
- Posted
- Nov 3
- 2 days ago
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Career path
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About the company
Westfield
Insurance · 1,001 to 5,000 employees
What you'll do
- Demonstrates broad knowledge of the business, the marketplace and company goals, objectives and performance measures through the effective delivery of all products and services.
- Links line of business policies and practices to company strategies.
- Demonstrates forms and coverage knowledge and applies them to exposure.
- Compares company coverages to competitors and differentiates our company from others.
- Identifies new product opportunities.
- Manage assigned territory so that items such as renewals, endorsements (if applicable), claim reviews and related transactions are completed accurately within accepted company timelines.
- Applies standard pricing to exposures.
- Applies individual loss and expense factors, when applicable.
- Applies underwriting strategies and standards to pre-qualify risk acceptability.
- Performs detail analysis utilizing appropriate information (exposure/rate/financial & loss) to determine account acceptability, taking customer needs into consideration.
- Bachelor’s degree required; recent graduates majoring in Finance or Economics are strongly preferred. Graduation date must be no later than June 2027
- Demonstrated interest in financial markets and/or financial institutions.
- Exceptional written and verbal communication skills.
- Strong attention to detail, coupled with initiative and the ability to thrive in a fast‑paced team environment.
- Excellent interpersonal skills with the ability to build effective working relationships.
- Proven ability to work both independently and collaboratively.
- Flexibility to adapt to shifting priorities and manage multiple tasks simultaneously.
- Highly motivated with a strong sense of ownership, accountability, and follow‑through.
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Read the full posting here
Westfield Specialty is a prominent specialty insurance carrier, leveraging the financial strength of Westfield, a leading U.S.-based property and casualty insurance company and the well-established Lloyd’s of London Syndicate 1200. Westfield Specialty launched in 2021 and currently underwrites in the U.S., U.K., and Dubai, and has 400 employees globally. Our experienced team brings deep expertise to the specialty market and offers unique insurance solutions for specialized risks that helps protect businesses, recover losses, and assist in driving growth for clients.