Underwriting Summer Internship

15 hours ago

Indianapolis, United States Selective Insurance Full time
Description

At Selective, we don't just insure uniquely, we employ uniqueness.

Our Business

Selective is a midsized U.S. domestic property and casualty insurance company with a history of strong, consistent financial performance for nearly 100 years.Selective's unique position as both a leading insurance group and an employer of choice is recognized in a wide variety of awards and honors, including listing in Forbes Best Midsize Employers in 2024 and certification as a Great Place to Work in 2024 for the fifth consecutive year.

Working at Selective

At Selective, we don't just insure uniquely - we employ uniqueness. Employees are empowered and encouraged to Be Uniquely You by being their true, unique selves and contributing their diverse talents, experiences, and perspectives to our shared success. Together, we are a high-performing team working to serve our customers responsibly by helping to mitigate loss, keep them safe, and restore their lives and businesses after an insured loss occurs. Employees receive comprehensive total rewards packages - including competitive compensation and performance awards, health benefits, and retirement savings - and professional development opportunities and flexible schedules to support their health, wealth, and well-being.

Join our team and help make a difference.

Job Description

As an Underwriting Intern, you'll have a chance to build your business acumen by supporting the underwriting department's growth and profitability goals, making meaningful contributions to the business. Underwriting involves assessing risks and determining the terms of insurance policies, making it a critical function in the financial industry. This internship offers a unique opportunity to develop analytical skills and gain insights into risk management, which are highly valued in many career paths. Please note, this is a hybrid position, therefore, applicants must be within commuting distance of our Indianapolis, IN location.

Job Responsibility

  • Engage in underwriting functions pertaining to the lifecycle of a policy; including new business quoting, issuing policies, renewal processing and changes/endorsements.
  • Assist in profitability initiatives through flagging accounts, adding renewal notes, and reviewing accounts to see if they meet our improvement criteria.
  • Support various tasks including fixing errors made by our productivity bots, handling simple policy changes, along with other administrative duties.

Qualifications

  • * Must be a current college student to qualify (rising juniors and seniors preferred).
    * Demonstrate an interest in learning about the insurance industry.
    * Experience with Outlook, Excel, Word and PowerPoint is preferred but not required.
    * College credit can be earned depending on your institution's requirements.

Interns are paid hourly and compensation starts at $19.00 per hour.

Selective is an Equal Employment Opportunity employer. That means we respect and value every individual's unique opinions, beliefs, abilities, and perspectives. We are committed to promoting a welcoming culture that celebrates diverse talent, individual identity, different points of view and experiences - and empowers employees to contribute new ideas that support our continued and growing success. Building a highly engaged team is one of our core strategic imperatives, which we believe is enhanced by diversity, equity, and inclusion. We expect and encourage all employees and all of our business partners to embrace, practice, and monitor the attitudes, values, and goals of acceptance; address biases; and foster diversity of viewpoints and opinions.

Selective maintains a drug-free workplace.

#LI-AE1

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