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Travelers Hiring Business Insurance Underwriting Intern

TravelersOverland Park, KS

  • $25 – $26 / hour
  • Internship
  • Full time

Overview

Who Are We?

Taking care of our customers, our communities and each other. That is the Travelers Promise. By honoring this commitment, Travelers has been one of the best property casualty insurers in the industry for over 170 years. Join a culture rooted in innovation that thrives on collaboration.

What Is the Opportunity?

Applicants must be authorized to work for any employer in the U.S. 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 are reviewed on a rolling basis, so applying early is encouraged. Housing assistance is not provided.

The Business Insurance (BI) Underwriting Professional Development Internship Program gives students exposure to underwriting, which evaluates the acceptability of risk and determines appropriate pricing for insurance products. 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 industry from industry professionals. Interns should be serious about entering the insurance industry and interested in underwriting as a future career. This role is a potential pathway to the full-time Underwriting Professional Development Program (UPDP).

What Will You Do?

  • Within your assigned business unit, each intern will have 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 your manager, either independently or with other interns, and 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 assess the quality and accuracy limits of AI-assisted outputs.
  • Learn about other areas at Travelers, such as Risk Control, Claims, and 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 the benefits of its differences.

Travelers is committed to providing accommodation to persons with disabilities. If you require accommodation during recruitment or the interview process, the company will work with you.

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

Skills mentioned

  • Microsoft Office

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