Get to know the different areas of underwriting in one of the biggest insurance companies of Europe! Within our trainee program, you have the choice between the areas of liability, fire, vehicle, transport, and technical insurance. Within twelve months, you will acquire broad know-how which you will be able to put into practice, directly. You will be mentored by experienced colleagues and promoted by professional, methodical, and personality-related training events. Thereafter, you will be able to get started as an underwriter in industrial insurance. With an unlimited employment contract and a guarantee of employment after the program many doors will be open to you at the HDI Group.
All information about the Underwriting trainee program at a glance
Profile and previous experience
You are the right person for us if you have completed a vocational training course as a management assistant (m/f/d) in insurance and finance or graduated from university with a degree in economics, jurisprudence, natural sciences, or engineering.
Beginning and duration
The 12-month Underwriting trainee program starts on April 1 of each year. It is, however, possible to agree another starting date, individually.
Progress and supervision
In alternating theoretical and practical phases, you will become acquainted with the various tasks in the area of underwriting, e.g. how you can evaluate risks and develop and analyze insurance concepts. In the course of this, you will be accompanied by your personal mentor. Placements fostering the extension of your professional knowledge will also be an integral part of your training. Completion of the program qualifies you for your future position as an underwriter in the area of insurance of your choice.
Development and goals
The trainee program offers you the opportunity to further develop your personal skills and professional competencies. At the same time, you will build for yourself a cross-departmental network which can be very precious for your future career. Thus, you will be best prepared for your work after the program.
Our advantage for you
With us, an unlimited work contract and a personal mentor supporting you are awaiting you. You will be able to exchange views with your colleagues on professional and personal issues, in our trainee community.
Your profile for us
You enjoy thinking commercially and bring with you good communication skills, team player qualities and a good command of English. You are experienced in working with MS Office, ideally also with SAP and CRM-systems.
Frequently asked questions about underwriting
Where does the term underwriting come from?
The term "underwriting" means "signing". It originated when merchants in the 17th century assumed the shipping risks of the owners on a pro rata basis in return for a monetary premium.
What does an underwriter do?
An underwriter is responsible for evaluating and analysing insurance applications and risks in order to provide optimal insurance cover for our industrial, corporate and private clients.
What is the difference between industrial and corporate insurance?
Industrial insurance usually covers large companies against very individual and complex industrial risks that require special coverages and benefits. Whereas in corporate insurance, companies of any size are covered with coverages for general insurance needs, such as company pensions.
How did underwriters assess a risk?
In most cases, underwriters assess risks based on portfolios, loss histories, risk exposures and other key data. In complex cases, extensive expert opinions are prepared by engineers, lawyers or other specialists to simulate possible loss scenarios.
What entry opportunities are there as an underwriter?
There is no classical training to become an underwriter. You can join us after successfully completing a technical or university degree or after comparable training.
For career changers, we offer trainee programmes that help you get started in the insurance industry. You can also apply for our dual study programmes
and apprenticeships
.
Apply now as trainee in underwriting
Would you like to apply for the underwriting trainee programme at the HDI Group? Then click here and apply easily and straightforwardly online directly here.