Summer Intern

4 weeks ago


Saint Petersburg, United States Bankers Financial Corp Full time
Job DescriptionJob Description

About the program:

  • Location: Saint Petersburg, FL (and hybrid remote/in-office environment)
  • Timeframe: Length of a summer semester.
  • Hours: 40 hours per week, flexible schedule to accommodate class schedule
  • Weekly gatherings with interns, managers, and/or executives
  • You will gain valuable, real-world experience that will initiate a smooth transition into your career

Primary Responsibilities:

As an Insurance Underwriting Intern, you will work closely with our seasoned underwriting professionals and product analysts to learn the intricacies of evaluating insurance applications, assessing risk factors, and determining policy terms and pricing. This internship offers a unique opportunity to gain valuable insights into the insurance industry, enhance analytical skills, and contribute to the underwriting process. In our Specialty and Commercial Insurance Divisions, you will learn the fundamentals of the National Flood Insurance Program and our other insurance offerings and how they differ from other products and processes in the insurance industry.

  • Assist in Application Review: Collaborate with underwriters to review and analyze insurance applications, ensuring all relevant information is accurate and complete.
  • Risk Assessment: Learn to evaluate risk factors associated with various insurance applications, considering factors such as applicant's history, policy type, and industry standards.
  • Policy Terms and Pricing: Assist in the development of policy terms and pricing by applying underwriting guidelines and considering risk assessments.
  • Documentation and Record-Keeping: Maintain accurate and organized records of underwriting activities, including application details, risk assessments, and policy decisions.
  • Communication: Communicate with other departments, agents, and clients to gather additional information, clarify details, and ensure smooth processing of underwriting activities.
  • Research and Analysis: Conduct research on industry trends, regulatory changes, and competitive landscapes to stay informed and contribute to the improvement of underwriting practices.
  • Professional Development: Attend training sessions, workshops, and team meetings to enhance your understanding of insurance underwriting principles and practices.
  • Collaborate with Flood product associates to enhance your understanding of the federally run National Flood Insurance Program and how business is obtained, reported, and managed.

Required Skills and Characteristics:

  • Strong analytical and problem-solving skills.
  • Excellent attention to detail and organizational abilities.
  • Effective communication and interpersonal skills.
  • Ability to work collaboratively in a team environment.
  • Basic understanding of insurance principles is a plus.
  • Familiarity with Microsoft Windows and Office, including Word, PowerPoint, Excel and Outlook


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