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Underwriting Internship, Business Insurance

Travelers

Travelers

Underwriting Internship, Business Insurance

Brookfield, WI
Internship
Paid
  • Responsibilities

    The Business Insurance Underwriting Professional Development Program provides qualified students with an excellent opportunity to gain first-hand experience receive valuable on-the-job training and learn more about the property & casualty insurance industry. Each intern will be expected to complete challenging and meaningful project work over the course of this program. In addition, there are core assignments and a designated coach to further develop interns’ knowledge of insurance underwriting, sales and marketing. This job does not manage others This job works under Close Supervision: Work is reviewed at several steps along the way. (Generally pertains to trainee positions.)

    What is an Underwriter?

    Insurance is the contractual transfer of financial risk from one party to another. Underwriters (Account Executives) are the heart of the insurance process, gathering and researching pertinent information and then using finely tuned analytical skills to evaluate the acceptability of business and institutional risk. However, underwriters are more than just analysts – they are the core relationship builders with our agents and clients. They are responsible for managing a profitable portfolio of business through our distributing agents and brokers. An underwriting career includes a dynamic blend of analytical and marketing skills – it’s challenging, stimulating and a superb career choice. Perform other duties as assigned.

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  • Qualifications

    Minimum Qualifications

    • Candidate must be pursuing a Bachelor’s degree required.
    • Approximate work availability from June through August (10-12 weeks) required.

    Education, Work Experience & Knowledge

    Because the Underwriting Development Internship Program is itself complex and dynamic, we welcome applicants that have a variety of majors, backgrounds and experiences. For the UPDP Internship, we are most interested in students who are serious about entering the insurance industry and who are excited about the prospect of making underwriting their future career choice.

    • Preferred cumulative GPA of 3.0 or above.
    • Undergraduate students completing their freshman or sophomore year preferred.
    • Working knowledge of Microsoft Office
    • Strong verbal and written communication skills
    • Strong analytical skills
    • Legally eligible to work in the United States
    • Targeted Majors: Business Administration, Economics, Finance, Liberal Arts (with business focus preferred), Management, Marketing, Risk Management, and Insurance

    Environmental/Work Schedules/Other

    • Positions are available across various U.S. offices lasting approximately 10-12 weeks beginning in June.
    • Please note that these positions do not include housing or housing assistance for interns.
  • Compensation
    Competitive Hourly Wage
  • Industry
    Insurance
  • Fun Fact
    Our Claims professionals have access to FAA certified drone pilot training!
  • About Us

    The Travelers Companies, Inc. is a leading provider of property casualty insurance for auto, home, and business. Travelers prides themselves on helping customers manage risk before a claim occurs — and responding with speed, professionalism, and compassion when claims do happen. Through challenging work in a fast-paced atmosphere, they provide student and graduates with a rewarding experience that will keep them moving.