Program Underwriting & Operations Intern

Trean Corporation • Wayzata, MN

1h

About The Position

As a Program Underwriting & Operations Intern, you’ll have a chance to build your business acumen by supporting both departments' growth and profitability goals and making meaningful contributions to the business. Underwriting involves assessing risks and determining the terms of insurance policies, making it a critical function in the financial industry. Operations focuses on all the processes fitting together and running smoothly. This internship offers a unique opportunity to develop analytical skills and gain insights into risk management, and experience different areas of the insurance industry including underwriting, risk management, operations, audit, and claims.

Trean’s Program teams oversee the underwriting teams and support the internal and external departments for our 30+ program partners writing business on behalf of our Trean-owned insurance carriers. We are the primary points of contact for our program partners for inquiries and help them write and retain profitable business.

Within this 12-week internship you will get exposure to many different roles and responsibilities of a program underwriter including:
Due Diligence and Onboarding of a new potential program partner.
Monthly Program Performance Reviews of existing programs to ensure profitable underwriting results and identify opportunities for improvement.
Maintain program records in SalesForce.
Collaborate with Program Underwriting Audit Team on program partner audits.
Work with IT, Stat Reporting, and Accounting teams in obtaining quality program partner data.
Develop and maintain underwriting guidelines for new and existing program partners.
Assist Regulatory and Compliance teams with program partner reviews.
Provide regular reports on program outcomes and performance.

Requirements

• Must be a current college student to qualify (Class of 2027 preferred).
• Demonstrate an interest in learning about the insurance industry.
• Experience with Outlook, Excel, Word and PowerPoint is preferred but not required.
• Exceptional communication skills and business acumen are necessary.
• Must be a self-starter with proven analytical skills and the ability to operate independently.
• Excellent organizational and time management skills with commitment to honesty, integrity, and unwavering business ethics.
• Ability to establish and maintain effective working relationships with co-workers and external partners.

Nice To Haves

• Experience with Outlook, Excel, Word and PowerPoint is preferred but not required.

Responsibilities

• Due Diligence and Onboarding of a new potential program partner.
• Monthly Program Performance Reviews of existing programs to ensure profitable underwriting results and identify opportunities for improvement.
• Maintain program records in SalesForce.
• Collaborate with Program Underwriting Audit Team on program partner audits.
• Work with IT, Stat Reporting, and Accounting teams in obtaining quality program partner data.
• Develop and maintain underwriting guidelines for new and existing program partners.
• Assist Regulatory and Compliance teams with program partner reviews.
• Provide regular reports on program outcomes and performance.

What This Job Offers

• Career Level: Intern
• Education Level: No Education Listed