Full-Time
Underwriter
Posted on 1/13/2026
National Indemnity Company
501-1,000 employees
Commercial auto and general liability insurer
No salary listed
Omaha, NE, USA
In Person
 Finance & Banking (1) |
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- Bachelor degree or equivalent
- Knowledge of basic math
- Ability to solve problems and make decisions
- Excellent customer service skills
- Ability to multi-task
- Excellent oral and written communication
- Documentation
- Organize time and resources and handle multiple high priorities
- Research and evaluate alternatives, reach decisions, and make recommendations
- Maintain strict confidentiality
- Meet deadlines
- Work with detail with accuracy
- Work well with others
- UNDERWRITING ACTIVITIES: Reviews submissions, endorsement request and/or renewal policies from agents for acceptability prior to quoting. Follows up with agent or broker for additional information, as necessary.
- Determines proper classification of risks and uses company software to rate risks.
- Identifies proper coverage structure for risk including any policy endorsements and exclusions required, develops proposed rating, and applies schedule credits/debits within company guidelines.
- Makes underwriting decisions on routine insurance risks and refers risks outside underwriting authority to appropriate referral underwriting resource, as appropriate.
- QUOTING: Prepares and delivers quotes to agents within underwriting authority or with proper referral underwriting approval, as appropriate.
- Resolves outstanding concerns with agent, answers questions, and may negotiate changes, as appropriate.
- Explains commercial coverage to agents and/or brokers.
- Ensures the terms and conditions of the quotes are clearly outlined and guides agent through binding process.
- Manages pending workload to ensure agencies receive excellent service on quotes when needed.
- QUALITY CONTROL AND REVIEW: Performs quality control inspections of system bound policies, endorsements, and renewal policies.
- Reviews applications, agency correspondence, and other underwriting information received versus policy to reconcile any discrepancies or errors and to ensure accurate information is contained in policy.
- Reviews proper rating classification and coding of bound policies using combination of information available in application, loss control inspections, and telephone conversations with agents and brokers.
- Handles problems and takes appropriate action on unusual discrepancies.
- Initiates policy changes and takes underwriting actions as appropriate within underwriting authority including cancellation or non-renewal.
- THIRD PARTY DATA: Utilizes third party tools, data, and services to enable better underwriting decisions, improve accuracy of rating/exposure information, and produce better underwriting results.
- QUALITY ASSURANCE AND TESTING: Participates in the testing of rating, quoting, policy administration, and other software as required including the completion of assigned test cases within designated time frame.
National Indemnity Company provides commercial auto and general liability insurance for businesses. It underwrites policies by assessing risk and supporting customers through claims and policy management with a disciplined underwriting approach, focusing on long-term reliability and personalized service. Backed by Berkshire Hathaway and with over 80 years of history, it offers strong financial strength and a “large company, small company” feel that emphasizes ethics and responsive service. The goal is to provide dependable, long-term protection for businesses and their partners.
Company Size
501-1,000
Company Stage
N/A
Total Funding
N/A
Headquarters
Omaha, Nebraska
Founded
1940
Simplify's Take
What believers are saying
- Collaborated with Chubb and Zurich on excess casualty facility for multinationals.
- Implemented Guidewire Cloud to modernize policy, underwriting, and billing operations.
- Invested $2M in 36,362 sq ft Omaha expansion starting September 2023.
What critics are saying
- Guidewire Cloud migration paralyzes operations, causing premium leakage in 6-12 months.
- Excess casualty with Chubb, Zurich triggers capital strain from tail claims in 12-24 months.
- Buffett's age-95 succession uncertainty forces NICO restructuring in 12-36 months.
What makes National Indemnity Company unique
- National Indemnity specializes in commercial auto and general liability insurance.[2][4]
- Berkshire Hathaway backing provides unmatched financial strength since 1967 acquisition.[1][4]
- Offers widest selection of commercial insurance products as Berkshire member.[6]
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Benefits
Health Insurance
Dental Insurance
Vision Insurance
Wellness Program
401(k) Retirement Plan
401(k) Company Match
Professional Development Budget
Paid Vacation
Parental Leave
Employee Assistance program
Company News
Chubb and Zurich North America, in collaboration with National Indemnity Company, have established a new excess casualty insurance facility targeted at large national and multinational corporations.
"If you're lucky in life, make sure that a bunch of other people are lucky, too." – Warren BuffettIn the fourth-floor lunchroom of the National Indemnity Company building in Omaha, Nebraska, a hand-lettered sign once hung on closed double doors: "Meeting in Progress." Inside, beside vending machines and a coffee maker, Warren Buffett called to order the annual meeting of Berkshire Hathaway shareholders, with approximately 20 attendees present. The perfunctory business was dispensed with in just five minutes. Then Buffett offered: "I've got an hour, and if anybody wants to stick around and talk about the investment business, I'm available."This modest gathering in the 1970s bears little resemblance to today's extravaganza that draws tens of thousands of investors from around the world to Omaha. The transformation of this annual shareholder meeting mirrors the remarkable journey of Berkshire Hathaway itself – from a struggling textile mill to a $1 trillion conglomerate under Buffett's leadership.The Humble BeginningsWhen Buffett gained control of Berkshire Hathaway in 1965, the company was a failing textile business. His first major move toward diversification came in 1967 with the acquisition of National Indemnity Company for $8.6 million, marking Berkshire's entry into the insurance industry.From 1969 to 1979, those early shareholder meetings were indeed held in National Indemnity's lunchroom, with attendance rarely exceeding two dozen people. Most were friends, family, and early investors who had placed their trust in a young Warren Buffett, well before he became a household name in finance.The Growth YearsAs Berkshire's portfolio and prestige grew through the 1980s, so did the annual meeting
National Indemnity Company selects PremiumPay ® from One Inc.
National Indemnity Company selects Guidewire Cloud to transform policy, underwriting, and billing IT operations.
National Indemnity Company to spend $2,000,000.00 to occupy 36,362 square feet of space in Omaha Nebraska. National Indemnity Company to spend $2,000,000.00 to occupy 36,362 square feet of space in Omaha Nebraska.Omaha, Nebraska — According to state and local development sources, National Indemnity Company plans to invest $2,000,000.00 to build out 36,362 square feet of new space in Omaha. The company plans to occupy the new space at 1212 N 096 St in Omaha, on or about September 1, 2023. According to the company website We are National Indemnity Company (NICO). If you havent heard of us, its time to get acquainted. Located in the heart of downtown Omaha, NE and backed by decades of experience, NICO specializes in commercial auto and general liability insurance