Business Insurance Intern: Underwriting Professional Development Program (UPDP)
About The Position
Applicants must be authorized to work for any employer in the U.S. now and in the future. The company does not sponsor/support H-1B petitions, TN, or Forms I-983/STEM OPT, for this role. Applications for this posting will be reviewed on a rolling basis. We encourage you to apply as soon as possible. Are you curious by nature? Do you enjoy managing relationships and employing your critical thinking skills? Underwriters perform the critical function of evaluating the acceptability of risk and determining appropriate pricing for insurance products. The Business Insurance (BI) Underwriting Professional Development Internship Program provides students with an amazing opportunity to gain exposure to this critical function at Travelers. The 10-week program (running from early June to mid-August) provides qualified interns with an excellent opportunity to gain first-hand commercial insurance underwriting experience, receive valuable on-the-job training, and learn more about the property and casualty insurance industry from industry professionals. Given that, we are seeking interns that are serious about entering the insurance industry and who are excited about the prospect of making underwriting their future career choice. This role is a potential pathway to our full-time Underwriting Professional Development Program (UPDP). Housing assistance is not provided.
Requirements
- Pursuing or obtained a Bachelor’s degree.
- Working knowledge of Microsoft Office.
Nice To Haves
- Preferred cumulative GPA of 3.0 or above.
- Obtained or pursuing a Bachelor's degree in Business Administration, Economics, Finance, Liberal Arts (with business focus preferred), Management, Marketing, Risk Management and Insurance.
Responsibilities
- 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. You may work independently or with other interns and will be asked to present your findings to local leadership.
- Learn to leverage modern analytical and artificial intelligence (AI) tools/platforms with the ability to apply critical thinking to evaluate limitations related to quality and accuracy of AI-assisted outputs.
- Learn about other areas at Travelers such as Risk Control, Claims, and related corporate functions.
- Interns may also engage in agency visits with Account Executives.
- Participate in the Enterprise Internship experience which includes Executive Speaker Series, Networking events, and Rising Senior Intern Symposium.
- Perform other duties as assigned.
Benefits
- performance-based cash incentive awards
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What This Job Offers
Career Level
Intern
