Summer Intern - Underwriting - Professional Liability

Berkley • Moorestown, NJ

9d • Hybrid

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 Underwriting Intern, Professional Liability will train with key team members to learn and participate in the process of underwriting and servicing of renewal accounts for the development and retention of Admiral business. This temporary based position requires strong analysis skills applied in learning the evaluation and pricing of Admiral renewal business in accordance with service standards, objectives, and following Admiral underwriting guidelines. The internship will also involve a collaborative group project with interns from other Admiral departments. Availability to work independently, both on a remote and potential on a hybrid-based in-person schedule through the summer months. Perform ad-hoc financial analysis as needed to support our business partners.

Requirements

• Pursuing a bachelor’s degree with a focus on Risk Management and Insurance. Other majors are encouraged to apply.
• 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.
• Ability to assess priorities and manage deadlines effectively.
• Effective communication skills, both verbal and written.
• Proven attention to detail, with excellent organizational skills.
• Strong research and analytical skills.
• Ability to work independently.
• Proficiency with MS Office Suite.

Nice To Haves

• Prior work experience is preferred.

Responsibilities

• Participate in the process of underwriting and servicing of renewal accounts for the development and retention of Admiral business.
• Learning the evaluation and pricing of Admiral renewal business in accordance with service standards, objectives, and following Admiral underwriting guidelines.
• Collaborative group project with interns from other Admiral departments.
• Perform ad-hoc financial analysis as needed to support our business partners.

What This Job Offers

• Career Level: Intern