Business Insurance Underwriting Internship Position

7 days ago


Marquand, Missouri, United States THE TRAVELERS INDEMNITY COMPANY Full time

Who We Are


The Travelers Indemnity Company is a leading property casualty insurer with a commitment to excellence and innovation. We are dedicated to providing our customers with exceptional service and products that meet their needs.


Job Category


This internship is focused on underwriting, a critical function in the insurance industry. Underwriters evaluate the acceptability of risk and determine appropriate pricing for insurance products.


Compensation Overview


The hourly salary range for this position is a nationwide market range, taking into account the scope, complexity, and location of the role. The actual hourly rate will be determined by factors such as the candidate's skills, education, and experience.


Salary Range


The hourly salary range for this position is $24.00 - $25.00.


Target Openings


We have 2 target openings for this internship.


What Is the Opportunity?


This internship provides students with the opportunity to gain exposure to underwriting and receive valuable on-the-job training. The program is a potential pathway to our 12-month Underwriting Professional Development Program (UPDP).


Responsibilities


Interns will be given a designated coach and will be expected to:



  • Complete core assignments and training modules geared toward insurance and underwriting principles.
  • Participate and complete self-paced professional development courses in time management, presentation skills, and other key areas.
  • Complete challenging and meaningful project work over the course of this program at the discretion of your manager.
  • Learn about other areas at Travelers such as Risk Control, Claims, and related Corporate functions.
  • Participate in the Enterprise Internship experience which includes Executive Speaker Series, Networking events, and Intern Symposium for Rising Seniors.

Requirements


We welcome applicants with a variety of majors, backgrounds, and experiences. Preferred cumulative GPA of 3.0 or above. Undergraduate students completing their sophomore or junior year preferred. Working knowledge of Microsoft Office. Strong verbal and written communication skills. Strong analytical skills. Legal eligibility to work in the United States. Targeted Majors: Business Administration, Economics, Finance, Liberal Arts (with business focus preferred), Management, Marketing, Risk Management and Insurance.


What is a Must Have?



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

Employment Practices


Travelers is an equal opportunity employer. We believe that we can deliver the very best products and services when our workforce reflects the diverse customers and communities we serve.



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