Summer 2027 Surety Underwriting Intern

Nationwide Mutual Insurance•Avon, CT

3d•Hybrid

About The Position

If you’re passionate about helping people protect what matters most to them at a Fortune 100 company with nearly $70 billion in annual sales, as well as innovating and simplifying processes and operations to provide the best customer value, then Nationwide’s Property and Casualty team could be the place for you! At Nationwide®, “on your side” goes beyond just words. Our customers and partners are at the center of everything we do and we’re looking for associates who are passionate about delivering extraordinary care. Our Surety Underwriting team values initiative, the ambition to grow and learn, a broad skill set that includes everything from marketing to finance to risk analysis and a solutions focused approach. We’re technology savvy and highly motivated to grow our business with excellent career advancement opportunities. Each account we work on is complex and interesting. Satisfaction comes from finding solutions that provide the best coverage and give our partner agents a way to differentiate themselves from the competition. If you are adaptable, responsive, love customers and really want to make a difference, we want to hear from you! 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!

Requirements

Pursuit of a Bachelor’s degree in Business Management, Finance, Accounting, Risk Management, Insurance, economics, or related field
Completion of junior year is preferred
Involvement in student activities and/or some work experience
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.
Ability to analyze insurance risks to determine the degree of acceptability and pricing.
Effective time management skills and competencies preferred.

Responsibilities

Captures information from multiple sources, account to company guidelines to support underwriting
Review individual risks for acceptability and handles those within authority, based on company guidelines and standards.
Completes assigned Underwriting transactions and tasks within established time and service standard.
Analysis and review of CPA and company financial statements and schedules.
Input of those into the surety system.
Determines necessary steps to process work.
Decides to accept, reject, or modify based on level of authority
Consults with agents and internal partners.
Recommends opportunities for business development and service capabilities
Enters policies and runs reports for the underwriting file.
Works cooperatively and builds strong working relationships with territory, field, claims, sales, and other associates to share and gather information necessary to complete work.