Reinsurance Surety Underwriting Intern

Endurance Services Limited•Morristown, NJ
•Onsite

About The Position

SompoRe is seeking a Reinsurance Underwriting Intern for its Surety team. The 10-week internship is a development program intended to provide professional growth and potential long-term opportunities in the insurance and reinsurance industry. Based in the Morristown, New Jersey office, the intern will learn alongside experienced underwriters through on-the-job training, workplace mentoring, and interaction with departments involved in underwriting. The program also includes leadership learning sessions, networking activities, and an intern project presented to a manager and mentor.

Requirements

  • Currently enrolled in a bachelor’s or other degree program studying Risk Management, Finance, or a related major.
  • Interest in learning reinsurance contracts and language.
  • Excellent verbal and written communication skills.
  • Strong analytical, quantitative, and interpersonal skills.
  • Ability to work in a fast-paced team environment with rapidly changing priorities and demands.
  • Strong proficiency with Microsoft Office, including Excel, Word, and PowerPoint.
  • At least 18 years old.
  • Authorized to work in the United States without restriction.
  • Local to the NYC area and/or able to provide their own housing and transportation.

Responsibilities

  • Gain an understanding of the Company’s underwriting philosophy.
  • Assist with underwriting new and renewal business.
  • Assist with account processing.
  • Research and analyze current and proposed accounts and help analyze market trends.
  • Help prepare underwriters for meetings and audits.
  • Participate in intern-program and departmental projects, including work such as market analysis, line-of-business research, and product development.
  • Accompany underwriters at internal meetings and occasional external marketing calls.
  • Assist the team with special projects.
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