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Underwriting Internship in Richmond, VA

TravelersRichmond, VAPosted 3 hours ago

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

Taking care of our customers, our communities and each other. That is the Travelers Promise. By keeping this commitment, we have remained one of the best property casualty insurers in the industry for over 170 years. Join us to find a culture rooted in innovation and built on collaboration.

What Is the Opportunity?

Underwriters evaluate whether a risk is acceptable and set 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.

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

Applications will be reviewed on a rolling basis beginning in October, so we encourage you to apply as soon as possible. Housing assistance is not provided.

What Will You Do?

  • Within your assigned business unit, each intern will receive 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.
  • Take on project work at the discretion of your manager. You may work independently or with other interns and will present your 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 limitations of AI-assisted outputs for quality and accuracy.
  • 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, which includes 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. We value the unique abilities and talents each individual brings and recognize that we benefit from our differences.

We are committed to providing accommodation to persons with disabilities. If you need accommodation during the recruitment or interview process, we 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

  • Excel
  • PowerPoint
  • AI Tools
  • Microsoft Office
  • Underwriting

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