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Underwriting Assistant Intern
2 days ago
Come grow with us
At Core Specialty Insurance, we cultivate an environment where our interns grow as they are exposed to meaningful, real-life work. At Core Specialty, you're much more than a summer intern, you are a valued member of our team
Why Intern with Core Specialty?
Gain experience in a quickly growing start-up environment Where every day provides new and exciting opportunities
- 12-week summer program
- Very competitive intern pay
- Exposure to senior level management and company executives
- Beautiful work environment with a relaxed company culture
Our values are the Core of everything we do:
- We have a "bring it on" attitude.
- We act quickly to make things happen. We empower and enable rapid decision making.
- We solve problems with expertise. We have an unmatched depth of knowledge and experience.
- We have high integrity, self-discipline and respect for others.
The Underwriting Assistant Intern – Healthcare will be part of the Healthcare Underwriting team and will ensure the efficient and effective management of all information necessary to support the underwriting activities of the organization.
Key Accountabilities:
- Process incoming submissions, including clearance, review of information received and data entry into the system to prepare account for rating and quoting.
- Assist Underwriter with confirming new/renewal business conditions and subjectivities including review of applications, supplements, loss runs and other requested underwriting information and advising Underwriter of any discrepancies.
- Process Requests to Bind including electronic delivery of Binder Confirmations and invoices to agents; perform follow-up and resolve information discrepancies between agent requests and Underwriter prior to updating the account status.
- Prepare policy output that complies with company standards/guidelines; process non-critical service requests such as cancellation notice, name changes and address changes.
- Monitor Underwriter workflow when Underwriters are traveling and/or out of the office
- Knowledgeable with the requirements to prepare new/renewal policy output that complies with state requirements and accurately reflects the risk details the company has agreed to insure; to perform underwriting/policy audit review; summarize audit results and recommend corrective action as required
- Participate in departmental projects as required.
Technical Knowledge:
- Major in Insurance Risk Management, Finance, Business or a related field
- Strong written and verbal communication skills are essential
- Understanding of insurance terminology required
- Proven analytical, decision-making and problem-solving skills
- Proficiency in Microsoft Office including Word, Excel, Outlook and Access.
Experience:
- Must be a current college student actively pursuing a bachelor's or master's degree in Risk Management & Insurance, Finance, Business or a related field
Applicants must be authorized to work for any employer in the U.S. We are unable to sponsor or take over sponsorship of an employment Visa for this position.
