Underwriting Internship

Job Summary:

The Underwriting Intern will learn about workers' compensation insurance and the fundamentals of the underwriting function. Key concepts include learning how underwriters assess employers' operations and hazards to accurately and competitively develop appropriate premium.

Responsibilities:

• Evaluate accounts to determine risk selection within authority level
• Determine account pricing, terms and conditions in accordance with industry regulations
• Appropriately select risk based on the organizations underwriting risk appetite
• Document justification for underwriting direction
• Obtain and organize relevant underwriting information
• Review and process renewal policies within given authority level
• Review and process endorsements
• Review and process cancellations and re-writes
• Provide timely and professional communication to customers
• Perform business sector review by agency, size of policy, class code, and region to report on profitability, growth opportunities, and predictive model performance

Requirements:

• Pursuing a bachelor's or master's degree
• Highly motivated and work well in a close-knit, collaborative environment
• Know how to use information technology, data and other resources to identify solutions and innovations

Preferred Skills:

• Highly motivated individuals that work well in a team environment
• Think strategically and critically
• Leverage information technology, data and other resources to identify solutions and innovations
• Hold a strong desire and curiosity to learn the insurance business
• Demonstrate and develop excellent written, verbal and interpersonal communication and professional skills
• Are compatible with New Mexico Mutual's Corporate Values

Specialized Knowledge:

• Demonstrated proficiency in Microsoft Office Suite (Word, Excel, PowerPoint, Outlook)

Working Conditions:

• NEW MEXICO MUTUAL maintains general office conditions with light demands
• Employees of NEW MEXICO MUTUAL adhere to all safety rules and regulations including building security
• Employees participate in ensuring safe and efficient operating conditions that safeguard employees and facilities
• NEW MEXICO MUTUAL maintains a drug free environment; drug testing prior to employment as well as upon a work-related accident
• Exposure to VDT screens