Underwriting Trainee Program at Falvey Insurance Group, LTD – Mineola, New York

About Falvey Insurance Group

A Culture of Collaboration

Falvey’s culture is grounded in collaboration and connection. We intentionally bring perspectives together, knowing that strong teamwork leads to better outcomes and shared success.

As we’ve grown to more than 200 employees, we’ve remained intentional about preserving close collaboration across teams and recognizing the individuals who make our work possible. Through meaningful employee recognition, career development planning, and opportunities to connect, we invest in strong relationships that support our people and help them thrive.

Summary of the Position

We are seeking motivated and detail-oriented individuals to join our team for a one-year underwriting trainee program. This entry-level position provides an excellent opportunity for recent graduates or individuals looking to start a career in underwriting. As a trainee, you will receive comprehensive training on risk assessment, policy evaluation, and underwriting principles to develop the skills needed to make informed decisions on insurance applications.

Position Functions

Participate in structured training programs to learn:

• Insurance fundamentals
• General underwriting principles, guidelines, and procedures.
• Learn and apply company policies, industry regulations, and compliance standards.
• Develop an understanding of different insurance products and market trends.
• Collaborate with various departments to ensure seamless underwriting operations.

Trainees will work within our various Underwriting disciplines on an 11-week rotating basis and will assist with the following:

• Assist underwriters in evaluating insurance applications, financial documents, and risk factors.
• Analyze data to determine policy eligibility, coverage amounts, and pricing.
• Work closely with senior underwriters, agents, and clients to gather necessary information.
• Support the preparation of reports and documentation for underwriting decisions.
• Assist in reviewing and processing policy renewals and endorsements.

Qualifications:

• Bachelor’s degree in finance, business, insurance, risk management, or a related field preferred.
• Strong analytical and problem-solving skills.
• Excellent communication and interpersonal abilities.
• Detail-oriented with strong organizational skills.
• Proficiency in Microsoft Office Suite (Excel, Word, Outlook).
• Ability to learn quickly and adapt to a fast-paced environment.
• Prior internship or work experience in insurance, finance, or a related field is a plus but not required.

Physical Requirements

Must be able to sit and work quietly for extended periods of time, operate a computer, and answer and communicate on a telephone.

Hours of Operations

This position supports our marketing efforts internationally. This position's work hours are Monday through Friday 9am - 5pm, in a hybrid work environment. Our hybrid environment is 3 days within our business-casual office environment. Of these 3 days in the office, Wednesday and Thursday are required, and employees may work from home the other 2 days. Our employees choose their schedule. This position requires occasional flexibility for working additional hours to accomplish project objectives.

The pay range for this role is:
52,000 - 52,000 USD per year(Headquarters)
52,000 - 52,000 USD per year(Arizona)
52,000 - 52,000 USD per year(New York- Long Island)