Summer Intern, Excess/Surplus Insurance Claims

BerkleyMoorestown, NJ
27dOnsite

About The Position

Since 1974, Admiral Insurance Group has been supporting business innovation and market growth through our wholesale-dedicated excess and surplus (E&S) lines of commercial insurance. We specialize in underwriting difficult-to-place moderate to high-risk commercial businesses that require creative solutions, outside of the box thinking, entrepreneurial spirit and astute business knowledge. As a member of the W. R. Berkley Corporation, a Fortune 500® Company and one of the nation’s premier commercial lines property casualty insurance providers, we have the resources, support and industry data to provide exceptional service and exciting solutions for our clients and partners. The Claims Intern will work mainly in an office setting with key team members to learn and participate in learning all aspects of commercial general liability and professional liability claims handling for Admiral insureds over the course of approximately eight weeks. This intern position requires strong analytical skills applied in learning all aspects of the claims handling process through independent study, projects assigned, attendance at bi-weekly Claims Committee meetings, new claims entry and set-up, claim evaluation, and settlement negotiations, up to and including involvement (or attendance virtually) at mediations, depositions, and/or other on-site investigation. The internship will also involve a collaborative group project with interns from other Admiral departments. Other duties and tasks to be assigned in conjunction with the overall internship experience.

Requirements

  • Pursuance of a Bachelor’s Degree with a focus on Risk Management and Insurance (or other applicable major) preferred.
  • GPA of 3.0 and above is required.
  • Rising Junior or Senior students welcome.
  • Interest in enhancing classroom learning through practical career-related work experience within the industry.
  • Career interest in insurance, Claims/Excess and Surplus Lines.
  • Excellent communication and analytical skills.
  • Strong technical capabilities and collaborative skills.
  • Ability to work independently.
  • Proficiency in MS Office Suite.

Nice To Haves

  • Prior work experience is preferred.

Responsibilities

  • Learning all aspects of commercial general liability and professional liability claims handling
  • Independent study
  • Projects assigned
  • Attendance at bi-weekly Claims Committee meetings
  • New claims entry and set-up
  • Claim evaluation
  • Settlement negotiations
  • Involvement (or attendance virtually) at mediations, depositions, and/or other on-site investigation
  • Collaborative group project with interns from other Admiral departments
  • Other duties and tasks to be assigned in conjunction with the overall internship experience.
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