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Travelers Hiring Underwriting Intern

TravelersCentennial, CO

  • $52k – $54k / year
  • Internship
  • Full time

Overview

Who Are We?

Taking care of our customers, our communities and each other. That is the Travelers Promise. For over 170 years, we have kept our reputation as one of the best property casualty insurers in the industry. Join us for a culture rooted in innovation that thrives on collaboration.

What Is the Opportunity?

Underwriters evaluate the acceptability of risk 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. Interns gain hands-on commercial insurance underwriting experience, on-the-job training, and insight into the property and casualty industry from industry professionals. We are looking for interns who are serious about entering the insurance industry and who are interested in making underwriting their future career. This role is a potential pathway to our full-time Underwriting Professional Development Program (UPDP).

Applications are reviewed on a rolling basis, so we encourage you to apply as soon as possible. Housing assistance is not provided. Applicants must be authorized to work for any employer in the U.S. now and in the future. The company does not sponsor H-1B, TN, or STEM OPT/I-983 for this role.

What Will You Do?

  • Each intern is assigned a coach within their business unit 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, working 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 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. We value the unique abilities each individual brings and recognize the benefits of our differences. We are committed to providing accommodation to persons with disabilities during recruitment or the interview process.

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

Skills mentioned

  • Risk Assessment
  • Analytical tools
  • AI Tools
  • Microsoft Office
  • Underwriting
  • Commercial Insurance

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