Underwriting Intern

MSIG USAChicago, IL
22h

About The Position

MSIG USA is a leading property and casualty insurance company committed to providing exceptional coverage and personalized service to our clients. As part of our commitment to nurturing talent and fostering future leaders in the insurance industry, we are excited to offer a dynamic internship opportunity in property underwriting. As a Property Underwriting Intern, you will have the opportunity to gain valuable hands-on experience in the field of property and casualty insurance underwriting. You will work closely with our seasoned underwriters to learn about risk assessment, policy analysis, and decision-making processes.

Requirements

  • Currently enrolled in a bachelor’s degree program, preferably in insurance, risk management, finance, or a related field.
  • Strong analytical skills with the ability to interpret data and make informed decisions.
  • Excellent communication and interpersonal skills, with the ability to work effectively in a team environment.
  • Detail-oriented with a high level of accuracy in work.
  • Proficient in Microsoft Office applications, particularly Excel and Word.

Nice To Haves

  • Prior internship or work experience in insurance, underwriting, or related fields is a plus but not required.

Responsibilities

  • Assist underwriters in evaluating property insurance applications, including gathering and analyzing relevant data.
  • Conduct research on various properties and assess potential risks associated with insuring them.
  • Assist in the preparation of underwriting reports and recommendations.
  • Collaborate with other team members to review policy documents and ensure accuracy and compliance with company guidelines.
  • Participate in underwriting meetings and discussions to gain insight into the decision-making process.
  • Provide support in handling inquiries from clients, brokers, and other stakeholders.
  • Assist with special projects and initiatives as assigned by the underwriting team.

Benefits

  • Hands-on experience in property and casualty insurance underwriting.
  • Exposure to real-world underwriting scenarios and decision-making processes.
  • Mentorship and guidance from experienced underwriters.
  • Networking opportunities with industry professionals.
  • Competitive compensation package.
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