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Underwriting Intern

TravelersRichardson, TXPosted 4 hours ago

Pay
$52k – $54k
per year
Type
Internship
Full time
Where
Richardson, TX
Who
Bachelor's
Students
Visa
No sponsorship
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Who Are We?

Travelers focuses on taking care of its customers, communities and employees. For over 170 years, the company has been recognized as one of the best property casualty insurers in the industry. The culture is rooted in innovation and built on collaboration.

Job Category

Underwriting

Target Openings

3

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 will be reviewed on a rolling basis, so candidates are encouraged to apply as soon as possible.

Underwriters evaluate whether risks are acceptable and determine appropriate pricing for insurance products. The Business Insurance (BI) Underwriting Professional Development Internship Program gives students exposure to this work 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 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 an assigned business unit, each intern works with 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 limits of AI-assisted outputs for quality and accuracy.
  • 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.

Employment Practices

Travelers is an equal opportunity employer and values the unique abilities and talents each individual brings. The company is committed to providing accommodation to persons with disabilities during recruitment and interviews. Travelers reserves the right to fill this position at a level above or below the level included in this posting.

Skills mentioned

  • Risk Assessment
  • AI Tools
  • Microsoft Office
  • Underwriting
  • Analytics platforms
  • Commercial Insurance

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