Early Careers: Corporate Risk and Broking (CRB)- Internship - Broking Placement- Multiple Locations - 2027

WTW•New York, NY

2d•$31 - $34•Hybrid

About The Position

WTW’s Summer Internship Program serves as the primary pipeline into our full-time Graduate Development Program (GDP) and is designed for university-level students primarily one year away from achieving their bachelor’s degree. The Summer Internship Program is an 8-week learning experience designed for students to gain an understanding of the ever-evolving risk landscape. The internship provides undergraduate students with the opportunity to gain hands-on experience working with world-class clients and colleagues in the insurance industry. The program provides the opportunity for interns to work alongside senior leadership and add value to client-facing exposures from accounts in the Fortune 500 sector to small local business areas. In addition to core program components, interns are aligned to a specialized business area that will begin to build a technical foundation of knowledge and provide exposure to our clients through meaningful work assignments and projects. The internship program aims to create a collaborative community that contributes to our business through various projects, speaker series, structured training, case studies, networking events, and more. The program is comprised of a structured orientation, goal setting, mentorship, I&D initiatives, group presentations, and a formal performance review process. WTW’s Broking teams deliver superior results for our clients’ business and risk management needs through deep industry specific expertise. The role of a broker is to help our clients mitigate their total cost of risk. The brokerage team operates as the firm’s intellectual capital where we work with our clients to assess, model, and structure risk. Once modeled, the broker personally escorts the clients’ risk into the market and draws upon their market relationships and their negotiation skills to secure quotations from the insurance carriers. While the nature of the work is similar day-to-day, no two placements are the same and common tasks may include: preparing and sending out submissions, liaising with markets, analyzing exposures, working through risk models, and negotiating quotations.

Requirements

Enrolled in a bachelor’s degree program with a target graduation date of May 2027
Eligible candidates must be going into their senior year in Fall 2027
Minimum GPA of 3.0 and above
Proficient in Microsoft Office Suite
Intermediate to advance Excel skills
Exceptional interpersonal skills
Excellent written & verbal communication skills
Excellent presentation skills, analytically driven and detail oriented
Aptitude to learn and be proactive
Proficient in time management
Able to work legally in the United States indefinitely and without Visa sponsorship

Nice To Haves

Preferred Majors: Risk Management, Business, Finance, Economics, Accounting, Liberal Arts, Geology (BS), Environmental Geology (BS), Sociology

Responsibilities

Gather information and analytics to assess and evaluate client risks to support the placement of client risks into the market.
Create Loss Summaries, review program binders for accuracy, check policies, and aide's brokers & senior brokers
Assist on any deliverables for Client Renewal Strategy Meeting & RFPs
Research market solutions to learn how to identify and develop optimum risk solutions for clients.
Initial introductions to carrier / trading partners
Begin understanding of core insurance principles and brokerage concepts
Ensure that quality and compliance procedures and processes are adhered to.
Record and maintain all information accurately on the appropriate systems, including initial introduction to and utilization of Broking Platform.
Demonstration of strong time and task management skills
Ability to take direction, receive constructive feedback and deliver accurate work product
Relationship management and customer focus; ability to interface with customers and collaborate internally with teammates to serve customers