Internship | Surety Underwriting

IAT Insurance Group•Cheshire, CT

1d•Hybrid

About The Position

At IAT Insurance Group (IAT), interns are valued members of our organization. Our internship program aims to provide meaningful, thought-provoking work to each candidate that joins the team. Our internship program matches qualified students with the opportunity to participate in real world situations, obtain industry knowledge, receive on-the-job training, and gain career enhancing technical skills that will foster professional growth. Furthermore, our internships are designed to provide each participant the opportunity to network with subject matter experts within the industry as you work to build your professional skills. At IAT, we believe that our diverse backgrounds, life experiences and perspectives help us make better decisions and ultimately be more successful. That's why we're making an active effort to not only recognize the importance of diversity and inclusion for our growth, but to also root a culture that encourages and embraces unique perspectives. We believe that when employees feel comfortable enough to come to work and express themselves, innovation, and productivity flourish. The bottom line is, we want all employees at IAT to feel like they belong. Job Description IAT Insurance Group has an opening for a Surety Underwriting Internship within our Surety Business Unit in our Cheshire, Connecticut location for the summer of 2026. At the conclusion of the internship, participants in the program should able to demonstrate applied understanding of Surety underwriting, supported by key knowledge in accounting and financial analysis. The anticipated start date for this internship is May 26th, 2026. Please note, IAT works on a hybrid schedule, working from the office Monday through Wednesday with the option of working remotely Thursday and Friday.

Requirements

Must be able to work out of our Cheshire, CT office without housing assistance or relocation assistance from IAT Insurance Group.
Strong written and verbal communication skills.
Ability to work collaboratively with underwriters and other team members.
Solid analytical and critical‑thinking skills with the ability to interpret financial statements.
Basic understanding (or interest in learning) of accounting principles, financial ratios, and business analysis.
Proficiency with Microsoft Office Suite, especially Excel, Word, and Outlook.
Ability to research, evaluate, and summarize information clearly.
To qualify, applicants must be authorized to work in the United States and must not require VISA sponsorship, now or in the future, for employment purposes.

Nice To Haves

Strong academic performance with coursework in finance, accounting, or statistics

Responsibilities

Develop and be able to demonstrate applied understanding of analytical skills, including foundational knowledge of accounting, Surety underwriting principles, and financial analysis.
Accurately organize, maintain, and update underwriting files in accordance with department protocols.
Develop and be able to demonstrate applied understanding of bond types, industry class codes, and rating methodologies.
Prepare to sit for the AFSB 151 and AFSB 152 exams as part of professional development.
Deliver a satisfactory capstone presentation that meets grading rubric standards
Complete all goals, assignments, and projects set by the manager by their specified deadlines.
Perform other duties as needed.

Benefits

26 PTO Days (Entry Level) + 12 Company Holidays = 38 Paid Days Off
7% 401(k) Company Match and additional Profit Sharing
Hybrid work environment
Numerous training and development opportunities to assist you in furthering your career
Healthcare and Wellness Programs
Opportunity to earn performance-based bonuses
College Loan Assistance Support Plan
Educational Assistance Program
Mentorship Program
Dress for Your Day Policy