Surety Underwriting Internship

About the Team

Do you thrive in an environment where you can apply your critical thinking and communication skills every day? Do you enjoy contributing both individually and collaboratively? Our Surety Underwriting team values initiative, ambition to grow and learn, and a broad skill set that spans marketing, finance, and risk analysis. We are technology savvy and highly motivated to grow our business with excellent career advancement opportunities. Each account we handle is complex and interesting. Satisfaction comes from finding solutions that provide the best coverage and give our partner agents a way to stand out from the competition. If you are adaptable, responsive, customer-focused, and want to make a difference, we want to hear from you!

What You'll Do

A day in the life of a Surety Underwriting Intern might include:

• Capturing information from multiple sources, according to company guidelines, to support underwriting.
• Reviewing individual risks for acceptability and handling those within authority, based on company guidelines and standards.
• Completing assigned underwriting transactions and tasks within established time and service standards.
• Analyzing and reviewing CPA and company financial statements and schedules, and inputting them into the surety system.
• Determining necessary steps to process work and deciding to accept, reject, or modify based on level of authority.
• Consulting with agents and internal partners, and recommending opportunities for business development and service capabilities.
• Entering policies and running reports for the underwriting file.
• Working cooperatively and building strong working relationships with territory, field, claims, sales, and other associates to share and gather information necessary to complete work.

About You

A successful Surety Underwriting Intern at Nationwide has:

Education

• Pursuit of a Bachelor's degree in Business Management, Finance, Accounting, Risk Management, Insurance, Economics, or a related field.
• Completion of junior year is preferred.
• Involvement in student activities and/or some work experience.

Skills and Competencies

• General understanding of basic analytical and financial techniques preferred.
• Verbal and written communication skills necessary to interact with all levels of internal and external contacts.
• Ability to evaluate and recommend solutions to work-related problems.
• Ability to analyze insurance risks to determine the degree of acceptability and pricing.
• Effective time management skills and competencies preferred.

Internship Details

This internship will be hybrid (3 days in office) in one of the following office locations:

• New York City (Battery Park)
• Des Moines, IA
• Avon, CT
• Philadelphia, PA
• Houston, TX

Nationwide does not participate in the STEM OPT Extension program. At its sole discretion, Nationwide determines whether to offer sponsorship for qualifying positions based on business need and budget. However, it is not usually available for entry level roles.

Job Description

Nationwide is a leader in the insurance and financial services industry in America. We are a Fortune 100 company with a mission to protect people, businesses, and futures with extraordinary care.

The Nationwide summer internship program is designed to empower you, allowing you to forge a strong foundation for your career. Over the course of 12 weeks, Nationwide interns take part in key business assignments that make a difference, all while enhancing their leadership competencies.

As a Nationwide intern, you'll enjoy everything that makes us great. From professional development sessions and networking events to collaborations with company leaders, your internship will take on a meaningful journey through the Nationwide experience. Our award-winning culture will ensure you feel welcomed, challenged, and encouraged every step of the way!