Underwriting Intern- Paid

New Mexico Mutual Casualty Company•Albuquerque, NM

11h•Onsite

About The Position

The Underwriting Intern will learn about workers’ compensation insurance and the fundamentals of the underwriting function. Key concepts include learning how underwriters assess employers’ operations and hazards to accurately and competitively develop appropriate premium. The Underwriting Intern will utilize training, our underwriting guidelines, and predictive analytics tools to evaluate and service policies, answer customer questions, issue endorsements, and build and maintain relationships with our policyholders and agent partners.

Requirements

Pursuing a bachelor’s or master’s degree.
Highly motivated individuals that work well in a team environment.
Think strategically and critically.
Leverage information technology, data and other resources to identify solutions and innovations.
Hold a strong desire and curiosity to learn the insurance business.
Demonstrate and develop excellent written, verbal and interpersonal communication and professional skills.
Are compatible with New Mexico Mutual's Corporate Values.
Demonstrated proficiency in Microsoft Office Suite (Word, Excel, PowerPoint, Outlook)

Nice To Haves

You’re highly motivated and you work well in a close-knit, collaborative environment.
You know how to use information technology, data and other resources to identify solutions and innovations.

Responsibilities

Gather, evaluate, and organize all relevant underwriting data to support decision-making.
Assess accounts to determine appropriate risk selection within designated authority limits.
Determine account pricing, underwriting conditions in accordance with industry regulations
Apply underwriting decisions aligned with the organization's defined risk appetite
Review and process policy renewals, audits, endorsements, cancellations, and re-writes within assigned authority.
Document underwriting decision
Provide timely and professional communication to customers
Conduct business sector analysis by agency, policy size, class code, and geographic region to identify profitability trends, growth opportunities, and predictive model performance.