Travelers Hiring Business Insurance Underwriting Intern

Who Are We?

Travelers takes care of its customers, communities and each other. This is the Travelers Promise. By keeping this commitment, the company has built a reputation as one of the best property casualty insurers in the industry for over 170 years. Join a culture rooted in innovation and built on collaboration.

Job Category

Underwriting

Compensation Overview

The hourly salary range shown for this position is a nationwide market range covering salaries for this role across the country. The actual hourly rate will depend on factors including the scope, complexity and location of the role, the candidate's skills, education, training, credentials and experience, and other conditions of employment. Employees are also eligible for performance-based cash incentive awards as part of the compensation and benefits program.

Salary Range

$25.00 - $26.00 per hour

Target Openings

1

What Is the Opportunity?

Applicants must be authorized to work for any U.S. employer now and in the future. The company does not sponsor or support H-1B petitions, TN, or Forms I-983/STEM OPT for this role.

Applications will be reviewed on a rolling basis, so applying as soon as possible is encouraged.

Are you curious by nature? Do you enjoy managing relationships and using critical thinking? Underwriters evaluate whether risks are acceptable and set appropriate pricing for insurance products. The Business Insurance (BI) Underwriting Professional Development Internship Program gives students exposure to this function at Travelers. The 10-week program runs from early June to mid-August and offers hands-on commercial insurance underwriting experience, on-the-job training, and insight into the property and casualty insurance industry from industry professionals. Interns should be serious about entering the insurance industry and interested in making underwriting a future career. This role is a potential pathway to the full-time Underwriting Professional Development Program (UPDP).

Housing assistance is not provided.

What Will You Do?

Within the assigned business unit, each intern will be given a designated coach and is expected to:

• Complete core assignments and training modules on insurance and underwriting principles.
• Complete self-paced professional development courses in time management, presentation skills, and other key areas.
• Complete project work at the discretion of the manager. Interns may work independently or with other interns and will present findings to local leadership. Sample projects include a territorial risk assessment to determine profitability and underwriting opportunities, and a business process analysis to identify underwriting gaps.
• Learn to use modern analytical and artificial intelligence (AI) tools and platforms, and apply critical thinking to evaluate limitations related to the quality and accuracy of AI-assisted outputs.
• Learn about other areas at Travelers such as Risk Control, Claims, and related corporate functions. Interns may also join agency visits with Account Executives.
• Take part in the Enterprise Internship experience, including the Executive Speaker Series, networking events, and the Rising Senior Intern Symposium.
• Perform other duties as assigned.

What Will Our Ideal Candidate Have?

• Preferred cumulative GPA of 3.0 or above.
• Obtained or pursuing a Bachelor's degree in Business Administration, Economics, Finance, Liberal Arts (business focus preferred), Management, Marketing, or Risk Management and Insurance.
• Working knowledge of Microsoft Office.

What is a Must Have?

• Pursuing or obtained a Bachelor's degree.

Employment Practices

Travelers is an equal opportunity employer. It values the unique abilities and talents each individual brings and recognizes that it benefits in many ways from those differences.

Travelers is committed to providing accommodation to persons with disabilities. If accommodation is needed during recruitment or interviews, the company will work with the candidate to meet those needs.

Candidates with specific questions about the physical requirements of this role may email for assistance.

Travelers reserves the right to fill this position at a level above or below the level included in this posting.

To learn more about benefit programs, visit http://careers.travelers.com/life-at-travelers/benefits/.