Underwriting Academy Program (Early Talent)

Job Description

Underwriting Trainee | MetLife

The Tone:
This is a full-time training program at MetLife, located in Aurora, IL or Kansas City, MO. MetLife is the nation’s largest non-medical carrier of group insurance and one of the world’s leading financial services companies, impacting over 55,000 customers and covering more than 50 million employees and family members. This role is a critical early talent opportunity designed to train and transition individuals into an Underwriter position, delivering innovative benefits solutions and supporting customers when they need us most. You will join an organization committed to supporting customers and transforming the financial services industry.

The TL;DR
• Role: Underwriting Trainee
• Type: Full-time, salaried training program
• Location: In-person, Kansas City, MO
• Pay: $60000 yearly
• Team: Group Benefits team, within Regional & Small Business Solutions
• Mission: To successfully complete an underwriting training program to provide underwriting support for new and existing employer group business.
• Tech Stack: Microsoft Excel, Microsoft Word, approved AI tools

What You’ll Actually Do
• Program Completion: Successfully complete a 3-month Underwriting Academy Program, building an understanding of the employee benefits industry, MetLife’s group benefits portfolio, product risk assessment, underwriting systems, and pricing.
• Mentorship and Learning: Work effectively with a seasoned underwriting professional who serves as a mentor, educating the trainee on MetLife’s various products, processes, systems, and strategies.
• Competency Development: Build upon core competencies including critical thinking and analysis, attention to detail, problem-solving, and effective communication through structured learning and on-the-job experience.
• Risk Evaluation: Analyze risk by evaluating received customer information including demographics and contractual plan design to ensure meeting both legal and financial requirements for MetLife.
• Premium Determination & Negotiation: Establish required insurance premiums by running manual rate calculations and/or preparing experience-rated quotes, and engage in active negotiation with sales teams to finalize proposals for new and renewing customers.

The Must-Haves
• Background: Bachelor’s degree, recent college graduate with limited work experience in a related field.
• Experience: Limited work experience in related field.
• Skills: Excellent communication skills (verbal, written, and listening), strong analytical skills and problem-solving capabilities, high level of organizational skill and the ability to prioritize and multi-task, functional knowledge of Microsoft products such as Excel and Word, and ability to use approved AI tools.
• Bonus: 1+ years of underwriting experience or related course work, working knowledge of insurance and underwriting, college degree in Math, Business, Finance, or the Financial Services industry.