Underwriting Intern

CNA Insurance•Toronto, ON

About The Position

This role provides high-level support to CNA’s Commercial Mid-Market department. The internship offers a chance to gain hands-on experience, develop risk analysis skills, and grow within a supportive team culture. Objectives include assisting the underwriting team in analyzing, pricing, and transferring commercial enterprises’ risks, with a focus on Commercial Property and Casualty, and assessing process effectiveness. The intern will gain real-world underwriting exposure through shadowing, learn about risk assessment and decision-making, observe broker interactions, and understand file handling and underwriting workflows. Responsibilities also include analyzing a business portfolio, gathering data, conducting market research, summarizing insights, evaluating new business opportunities, and tracking findings in Salesforce.

Requirements

Current Bachelor's Degree Student or Students enrolled in a full-time Insurance-focused Accredited Diploma with strong academic performance and a passion for learning
Proven track record with excellent interpersonal skills
Exceptional written and verbal communication skills
Strong analytical, organizational, and time management skills
Attention to detail
Ability to conceptualize details and develop action plans for decision-making
Strong ability to work independently and within a team environment with limited supervision
Personal integrity, initiative, and leadership qualities

Nice To Haves

Experience analyzing financial statements
Bilingual proficiency (English and French)

Responsibilities

Assist the underwriting team in rapidly analyzing, pricing and transferring commercial enterprises’ risks with a focus on Commercial Property and Casualty
Assess effectiveness and continually improve process throughout the program
Gain real-world underwriting exposure through shadowing opportunities
Learn how underwriters assess risk and make decisions
Observe broker interactions and client relationship management
Develop an understanding of file handling and end-to-end underwriting workflows
Analyze a real portfolio of business by reviewing recently written accounts and helping identify trends and insights that support ongoing projects
Gather and document key data points, including referral triggers and emerging patterns
Support internal initiatives by organizing findings and highlighting opportunities for improvement
Conduct competitive market research by reviewing competitor policy wordings and helping our team stay informed
Compare coverage features, limits, and enhancements against our products
Build clear “pros and cons” comparisons to highlight strengths and gaps
Summarize insights to support product development and strategy discussions
Evaluate new business opportunities by reviewing prior-year declined and lost submissions
Identify accounts that may now fit within our underwriting appetite
Help prioritize opportunities for potential re-engagement
Track and document findings in Salesforce, contributing to future pipeline growth