Underwriting internship job description
Updated March 14, 2024
7 min read
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Example underwriting internship requirements on a job description
Underwriting internship requirements can be divided into technical requirements and required soft skills. The lists below show the most common requirements included in underwriting internship job postings.
Sample underwriting internship requirements
- Bachelor's degree in finance, economics, or related field.
- Strong understanding of financial analysis and risk assessment.
- Proficiency in Microsoft Office Suite.
- Ability to work independently and as part of a team.
- Excellent written and verbal communication skills.
Sample required underwriting internship soft skills
- Highly organized and detail-oriented.
- Strong problem-solving and analytical skills.
- Ability to prioritize and manage multiple tasks.
- Ability to work efficiently in a fast-paced environment.
Underwriting internship job description example 1
EMC Insurance underwriting internship job description
Explore a variety of careers in insurance with EMC! By participating in our paid intern program, you'll develop industry-related knowledge, enhance skills that are transferable to any professional setting and do meaningful work to help achieve our goals. Your daily responsibilities, special projects and activities will provide both structured and unstructured opportunities to help you learn and grow as a professional. When you network with executives, connect with a mentor, explore other departments and volunteer in the community, you'll see your impact at EMC on a larger level. Plus, successful interns are invited to apply for regular full-time positions. Join us at EMC! You're going to love it here-you can count on it.
Essential Functions:
Collects, reviews, and enters rating information into the system to provide quotes to underwriters for complex new business, endorsements, renewals, cancellations and reinstatements Contacts agents and follows up for missing information Reviews and processes endorsements Develops relationships with agents to promote new accounts Participates in writing new business for basic accounts
Education & Experience:
Associate's degree or equivalent work experience One year of underwriting support experience
Knowledge, Skills & Abilities:
Keyboarding speed of 40 wpm with accurate data entry Good personal computer skills with proficiency in Microsoft Word Good problem-solving skills Ability to make sound decisions Self-direction and teamwork skills General knowledge of insurance terminology preferred
Our employment practices are in accord with the laws which prohibit discrimination due to race, color, creed, sex, sexual orientation, gender identity, genetic information, religion, age, national origin or ancestry, physical or mental disability, medical condition, veteran status, active military status, citizenship status, marital status or any other consideration made unlawful by federal, state, or local laws.
All of our locations are tobacco free including in company vehicles.
Essential Functions:
Collects, reviews, and enters rating information into the system to provide quotes to underwriters for complex new business, endorsements, renewals, cancellations and reinstatements Contacts agents and follows up for missing information Reviews and processes endorsements Develops relationships with agents to promote new accounts Participates in writing new business for basic accounts
Education & Experience:
Associate's degree or equivalent work experience One year of underwriting support experience
Knowledge, Skills & Abilities:
Keyboarding speed of 40 wpm with accurate data entry Good personal computer skills with proficiency in Microsoft Word Good problem-solving skills Ability to make sound decisions Self-direction and teamwork skills General knowledge of insurance terminology preferred
Our employment practices are in accord with the laws which prohibit discrimination due to race, color, creed, sex, sexual orientation, gender identity, genetic information, religion, age, national origin or ancestry, physical or mental disability, medical condition, veteran status, active military status, citizenship status, marital status or any other consideration made unlawful by federal, state, or local laws.
All of our locations are tobacco free including in company vehicles.
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Underwriting internship job description example 2
Concord Group Insurance underwriting internship job description
Hello, future Concord Group Insurance Intern! We're very excited to welcome you to our team this summer! As an Underwriting Intern, you'll be joining a collaborative team in our Personal or Commercial Lines Underwriting Department. During your internship, you'll receive all the support you need to be successful including on-the-job training and mentorship from our talented team members. You won't just be job shadowing, you'll be doing real work through a series of projects and tasks designed by our senior leadership team.
Our 12-week program is structured to provide you with a well-rounded education in the insurance industry and an opportunity to explore the many career paths our company has to offer. The goal of our program is to provide you with all the fundamentals you need to pursue a role with Concord Group Insurance post-graduation!
What you'll bring:
A strong desire to learn! Our internships are designed to give you exposure to many aspects of the insurance industry
Critical thinking and problem solving skills
The ability to work as part of a team. Collaboration between team members is a fundamental part of our company values; we learn from each other, lend a helping hand when needed and share ideas in order to best serve our policyholders and independent agents
Proven organizational skills which will serve you well during your internship
Effective communication skills including the ability to present and share information, and report analytical findings
Experience with the Microsoft Office Suite, including Excel
At least a 3.0 GPA
What you'll learn:
What it means to be a mutual insurance company and how Concord Group Insurance helps protect what matters most, from the homes and cars that families rely on, to the small businesses that help communities thrive.
How to asses risk, negotiate with agents, while following underwriting guidelines and best practices
Reviewing New Business, Renewals and Inspections
Participating in large loss reviews
Joining our Marketing team on agency visits
Completing detailed, industry specific training, including coursework from AINS
Contributing to special projects developed by Underwriting Leadership
Helping us build an even better internship experience through your insights and feedback!
At the conclusion of your summer internship, you will present your work, skills, achievements and experience to our senior leadership team
What you'll be doing:
Reviewing New Business, Renewals and Inspections
Participating in large loss reviews
Joining our Marketing team on agency visits
Completing detailed, industry specific training, including coursework from AINS
Contributing to special projects developed by Underwriting Leadership
Helping us build an even better internship experience through your insights and feedback!
At the conclusion of your summer internship, you will present your work, skills, achievements and experience to our senior leadership team
Our 12-week program is structured to provide you with a well-rounded education in the insurance industry and an opportunity to explore the many career paths our company has to offer. The goal of our program is to provide you with all the fundamentals you need to pursue a role with Concord Group Insurance post-graduation!
What you'll bring:
A strong desire to learn! Our internships are designed to give you exposure to many aspects of the insurance industry
Critical thinking and problem solving skills
The ability to work as part of a team. Collaboration between team members is a fundamental part of our company values; we learn from each other, lend a helping hand when needed and share ideas in order to best serve our policyholders and independent agents
Proven organizational skills which will serve you well during your internship
Effective communication skills including the ability to present and share information, and report analytical findings
Experience with the Microsoft Office Suite, including Excel
At least a 3.0 GPA
What you'll learn:
What it means to be a mutual insurance company and how Concord Group Insurance helps protect what matters most, from the homes and cars that families rely on, to the small businesses that help communities thrive.
How to asses risk, negotiate with agents, while following underwriting guidelines and best practices
Reviewing New Business, Renewals and Inspections
Participating in large loss reviews
Joining our Marketing team on agency visits
Completing detailed, industry specific training, including coursework from AINS
Contributing to special projects developed by Underwriting Leadership
Helping us build an even better internship experience through your insights and feedback!
At the conclusion of your summer internship, you will present your work, skills, achievements and experience to our senior leadership team
What you'll be doing:
Reviewing New Business, Renewals and Inspections
Participating in large loss reviews
Joining our Marketing team on agency visits
Completing detailed, industry specific training, including coursework from AINS
Contributing to special projects developed by Underwriting Leadership
Helping us build an even better internship experience through your insights and feedback!
At the conclusion of your summer internship, you will present your work, skills, achievements and experience to our senior leadership team
Dealing with hard-to-fill positions? Let us help.
Underwriting internship job description example 3
Blue Cross Blue Shield of Michigan underwriting internship job description
Ready to help us transform healthcare? Bring your true colors to blue.
Blue Cross Blue Shield is excited to offer rising college seniors an eleven-week virtual summer internship. To realize a different future for healthcare, we need a different kind of workforce. One that unites diverse backgrounds, cultures, and perspectives to help us disrupt, innovate, and break through. So, don't hold back. Bring your true colors to Blue.
The Underwriting internship will expose the intern to multiple facets of the healthcare business from an underwriting lens. The intern will learn some of the basics of medical and dental insurance as well as Underwriting's impact on the company. Projects include working on 51-99 prospect accounts alongside experienced underwriters, as well as approving underwriting operations. Such project work will build skills in data mining research, compilation, and organization. The final product will be presented to Underwriting leadership.
The intern will end the summer able to independently perform the proper analysis and pricing of prospect business to produce a quote for review. Outside of the Underwriting team, the intern is encouraged to take full advantage of any corporate internship opportunities offered to enhance their experience during the period of their engagement.
We're looking for someone that...
+ Demonstrates strong initiative.
+ Has an analytic thought process with ability to work in a fast-paced environment
+ Demonstrates an interest in professional development.
+ Has a proven record of success in their scholastic career.
+ Employs functional and technical skills when performing all assignments
+ Can apply changes to previously learned processes or adopt new ones
+ Develops cooperative relationships with associates and peers.
+ Recognizes and changes daily priorities to perform work routine and accomplish activities
+ Comfortable utilizing mathematical models to develop account quotes that accurately project future costs, and price alternative plans.
+ Proficiency in Excel and Word, and ability to learn new software/tools.
+ Creative problem-solving ability is required.
+ Ability to work both independently and in a group
What you bring:
+ Positive progress toward Undergraduate degree from an accredited college/university is required. Pursing degree in Mathematics, Finance, Business, Healthcare Management or Economics is preferred.
+ Must possess superior oral and written communication skills to explain difficult technical concepts to clients, consultants, operations, and sales staff.
+ Flexible customer service style and ability to work independently with internal/external business partners.
+ High level of thoroughness and strong attention to detail. Commitment to high standards of performance and willingness to put in extra effort to achieve goals.
Minimum Education Requirements:
High school degree or equivalent required unless otherwise noted above
LocationBostonTime TypeFull time
At Blue Cross Blue Shield of Massachusetts, we believe in wellness and that work/life balance is a key part of associate wellbeing. We provide a flexible hybrid work model in which roles are designated as resident (on site 4-5 days/week), mobile (on site 1-3 days/week), or eworker (on site 0-3 days/month).
Blue Cross Blue Shield of Massachusetts, has a COVID-19 vaccination requirement for building entry. Your offer of employment is dependent upon either being fully vaccinated for COVID-19 or an accommodation based on a disability or sincerely held religious belief, practice, or observance by submitting a request to Human Resources.
Blue Cross Blue Shield is excited to offer rising college seniors an eleven-week virtual summer internship. To realize a different future for healthcare, we need a different kind of workforce. One that unites diverse backgrounds, cultures, and perspectives to help us disrupt, innovate, and break through. So, don't hold back. Bring your true colors to Blue.
The Underwriting internship will expose the intern to multiple facets of the healthcare business from an underwriting lens. The intern will learn some of the basics of medical and dental insurance as well as Underwriting's impact on the company. Projects include working on 51-99 prospect accounts alongside experienced underwriters, as well as approving underwriting operations. Such project work will build skills in data mining research, compilation, and organization. The final product will be presented to Underwriting leadership.
The intern will end the summer able to independently perform the proper analysis and pricing of prospect business to produce a quote for review. Outside of the Underwriting team, the intern is encouraged to take full advantage of any corporate internship opportunities offered to enhance their experience during the period of their engagement.
We're looking for someone that...
+ Demonstrates strong initiative.
+ Has an analytic thought process with ability to work in a fast-paced environment
+ Demonstrates an interest in professional development.
+ Has a proven record of success in their scholastic career.
+ Employs functional and technical skills when performing all assignments
+ Can apply changes to previously learned processes or adopt new ones
+ Develops cooperative relationships with associates and peers.
+ Recognizes and changes daily priorities to perform work routine and accomplish activities
+ Comfortable utilizing mathematical models to develop account quotes that accurately project future costs, and price alternative plans.
+ Proficiency in Excel and Word, and ability to learn new software/tools.
+ Creative problem-solving ability is required.
+ Ability to work both independently and in a group
What you bring:
+ Positive progress toward Undergraduate degree from an accredited college/university is required. Pursing degree in Mathematics, Finance, Business, Healthcare Management or Economics is preferred.
+ Must possess superior oral and written communication skills to explain difficult technical concepts to clients, consultants, operations, and sales staff.
+ Flexible customer service style and ability to work independently with internal/external business partners.
+ High level of thoroughness and strong attention to detail. Commitment to high standards of performance and willingness to put in extra effort to achieve goals.
Minimum Education Requirements:
High school degree or equivalent required unless otherwise noted above
LocationBostonTime TypeFull time
At Blue Cross Blue Shield of Massachusetts, we believe in wellness and that work/life balance is a key part of associate wellbeing. We provide a flexible hybrid work model in which roles are designated as resident (on site 4-5 days/week), mobile (on site 1-3 days/week), or eworker (on site 0-3 days/month).
Blue Cross Blue Shield of Massachusetts, has a COVID-19 vaccination requirement for building entry. Your offer of employment is dependent upon either being fully vaccinated for COVID-19 or an accommodation based on a disability or sincerely held religious belief, practice, or observance by submitting a request to Human Resources.
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Updated March 14, 2024
Updated March 14, 2024