Bond & Specialty Insurance Underwriting Professional Development Program (BSI UPDP) Internship

Travelers • Baltimore, MD

88d • $24 - $25

About The Position

The Bond & Specialty Insurance Underwriting Internship Program provides qualified students with an excellent opportunity to gain first-hand experience, receive valuable on-the-job training and learn more about the property & casualty insurance industry. Underwriters (Account Executives) are the heart of the insurance process, gathering and researching pertinent information and then using finely tuned analytical skills to evaluate the acceptability of business and institutional risk. However, underwriters are more than just analysts - they are the core relationship builders with our agents and clients. They are responsible for managing a profitable portfolio of business through our distributing agents and brokers. An underwriting career includes a dynamic blend of analytical and marketing skills - it's challenging, stimulating and a superb career choice. The Bond and Specialty Insurance Division provides management liability, professional liability and surety to businesses of all sizes. It also provides traditional property casualty coverages to Financial Institutions, and is organized into six separate and distinct business units which include Commercial Surety, Construction Services, Financial Institutions, Private/Non Profit Liability, Professional Liability, and Public Company Liability.

Requirements

• Must be pursuing a Bachelor's degree.
• Strong verbal and written communication skills.
• Strong analytical skills.
• Legally eligible to work in the United States.

Nice To Haves

• Preferred cumulative GPA of 3.0 or above.
• Undergraduate students completing their sophomore or junior year.
• Majors in Business Administration, Economics, Finance, Risk Management/Insurance, Marketing, or other Liberal Arts with a business focus.
• Working knowledge of Microsoft Office.

Responsibilities

• Complete challenging and meaningful project work over the course of the program.
• Engage in core assignments to develop knowledge of insurance underwriting, sales, and marketing.
• Perform other duties as assigned.

Benefits

• Hourly salary range of $24.00 - $25.00.
• Performance-based cash incentive awards.

What This Job Offers

• Career Level: Intern
• Industry: Insurance Carriers and Related Activities
• Education Level: Bachelor's degree