Underwriting & Risk Summer Internship

Reliance Standard Life Insurance Company•Philadelphia, PA

2d•Hybrid

About The Position

The Summer Underwriting & Risk Management Internship introduces students to insurance underwriting and risk assessment. Interns learn how underwriting decisions are made, evaluate risk factors, and support analytical projects that contribute to business growth and profitability. The role provides opportunities to apply classroom learning, develop actuarial skills, and contribute to projects that support business decisions. The internship is part of Reliance Matrix’s 10-week Summer Intern Program, which runs from June through August. Interns participate for the full program duration and follow the company’s enterprise three-day hybrid schedule, with Tuesdays and Wednesdays required in the office. The program includes team-based work and program-wide experiences, professional development trainings, a senior leader speaker event, a corporate charity fundraising project, Reliance Matrix Foundation events, and networking opportunities within Tokio Marine Group. The expected hiring range is $17.68–$21.87 per hour for work performed in the primary location of Philadelphia, Pennsylvania. This range covers base pay only. Starting base pay is determined by factors including work location, job-related skills, experience, qualifications, and market conditions; ranges may be modified in the future. Work location may be flexible with company approval.

Requirements

Pursuing a degree in Risk Management, Insurance, Finance, Business, Economics, Mathematics, or a related field.
Strong analytical and critical-thinking abilities.
Attention to detail and ability to interpret data.
Interest in insurance, risk assessment, and financial services.
Plan to participate for the full duration of the 10-week program.

Responsibilities

Assist with underwriting analysis and research projects.
Review data and identify trends that inform risk decisions.
Support team reporting, documentation, and process improvement efforts.
Gain exposure to insurance products, pricing, and risk management principles.
Partner with underwriting professionals on real business challenges.
Present project outcomes and recommendations to leaders at the conclusion of the internship.

Benefits

Annual performance bonus for all team members.
Generous 401(k) company match that is immediately vested.
Choice of three medical plans, including prescription drug coverage; company contribution to a Health Savings Account for High Deductible Health Plan enrollees.
Multiple options for dental and vision coverage.
Company-provided life and disability insurance.
Paid parental leave and adoption assistance.
Hybrid work arrangements for eligible roles.
Tuition reimbursement and continuing professional education.
Paid time off, with new hires starting with at least 20 days per year, in addition to nine company-paid holidays; PTO may increase with company level and years of service.
Volunteer days, community partnerships, and an Employee Assistance Program.
Employee Resource Group program.
Professional development trainings, senior leader speaker event, corporate charity fundraising project, Reliance Matrix Foundation events, and networking opportunities within Tokio Marine Group.