Summer 2027 Surety Claims Intern

Nationwide•Avon, CT

1d•$23 - $50

About The Position

Nationwide is a leader in the insurance and financial services industry in America. We are a Fortune 100 company with a mission to protect people, businesses and futures with extraordinary care. The Nationwide summer internship program is designed to empower you, allowing you to forge a strong foundation for your career. Over the course of 12 weeks, Nationwide interns take part in key business assignments that make a difference, all while enhancing their leadership competencies. As a Nationwide intern, you’ll enjoy everything that makes us great. From professional development sessions and networking events to collaborations with company leaders, your internship will take on a meaningful journey through the Nationwide experience. Our award-winning culture will ensure you feel welcomed, challenged and encouraged every step of the way! About Our Surety Claims Team Our team conducts investigations and analysis of commercial and contract surety claims of all levels of severity and complexity. Success on our team requires excellent writing, analytical and negotiation skills and a desire to develop efficient claim resolutions in accordance with Nationwide’s bonded obligations. Our team also provides timely and competent business support advice to Nationwide surety underwriters based upon potential claims related risks associated with current and potential surety obligations.

Requirements

Pursuing Juris Doctorate degree from an accredited law school
General understanding of basic analytical and financial techniques preferred.
Verbal and written communication skills necessary to interact with all levels of internal and external contacts.
Ability to evaluate and recommend solutions to work-related problems.
Strong analytical skills

Nice To Haves

Involvement in student activities and/or some work experience
Effective time management skills and competencies preferred.

Responsibilities

Review of new and existing surety claim demands from claimants and/or their legal counsel.
Review and analysis of bond terms and conditions as well as review and analysis of documentation submitted by claimants in support of surety bond claims.
Review and discussion of surety bond principal’s position related to claims and factual and/or legal analysis of surety’s potential defenses and obligations regarding the claim.
Management of outside legal counsel and review of draft legal pleadings to be filed on behalf of Nationwide related to litigation involving Nationwide issued surety bonds.
Determines necessary steps to process work. Makes preliminary determination on validity of claims and makes recommendations to management regarding possible resolution or mitigation of claim exposure consistent with Nationwide’s bonded liability pursuant to applicable law and terms and conditions of the surety bond.