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Bond & Specialty Insurance Underwriting Professional Development Program (BSI UPDP) Internship
Bond & Specialty Insurance Underwriting Professional Development Program (BSI UPDP) InternshipTravelers • New York, NY, US
Bond & Specialty Insurance Underwriting Professional Development Program (BSI UPDP) Internship

Bond & Specialty Insurance Underwriting Professional Development Program (BSI UPDP) Internship

Travelers • New York, NY, US
28 days ago
Job type
  • Internship
Job description

Bond & Specialty Insurance Underwriting Internship Program

The Bond & Specialty Insurance Underwriting Internship Program provides qualified students with an excellent opportunity to gain first-hand experience, receive valuable on-the-job training and learn more about the property & casualty insurance industry.

What exactly is an Underwriter? Insurance is the contractual transfer of financial risk from one party to another. Underwriters (Account Executives) are the heart of the insurance process, gathering and researching pertinent information and then using finely tuned analytical skills to evaluate the acceptability of business and institutional risk. However, underwriters are more than just analysts they are the core relationship builders with our agents and clients. They are responsible for managing a profitable portfolio of business through our distributing agents and brokers. An underwriting career includes a dynamic blend of analytical and marketing skills it's challenging, stimulating and a superb career choice.

The Bond and Specialty Insurance Division : The Bond & Specialty Insurance provides management liability, professional liability and surety to businesses of all sizes. It also provides traditional property casualty coverages to Financial Institutions, and is organized into six separate and distinct business units which include : Commercial Surety, Construction Services, Financial Institutions, Private / Non Profit Liability, Professional Liability, and Public Company Liability.

What Will You Do?

  • Each intern will be expected to complete challenging and meaningful project work over the course of this program. In addition, there are core assignments and a designated coach to further develop interns' knowledge of insurance underwriting, sales and marketing.
  • Positions are available across various U.S. offices lasting approximately 10-12 weeks beginning in late May / early June. Housing assistance is not provided.
  • Perform other duties as assigned.

What Will Our Ideal Candidate Have?

  • Because the Bond & Specialty Internship Program itself is complex and dynamic, we welcome applicants that have a variety of majors, backgrounds and experiences.
  • For this internship opportunity, we are most interested in students who are serious about entering the insurance industry and who are excited about the prospect of making underwriting their future career choice.
  • Preferred cumulative GPA of 3.0 or above.
  • Undergraduate students completing their sophomore or junior year.
  • Business Administration, Economics, Finance, Risk Management / Insurance, Marketing or other Liberal Arts majors with a business focus are preferred.
  • Targeted Majors :
  • Business Administration.
  • Economics.
  • Finance.
  • Liberal Arts (with business focus preferred).
  • Management.
  • Marketing.
  • Risk Management and Insurance.
  • Working knowledge of Microsoft Office.
  • Strong verbal and written communication skills.
  • Strong analytical skills.
  • Legally eligible to work in the United States.
  • What is a Must Have?

  • Must be pursuing a Bachelor's degree.
  • Travelers is an equal opportunity employer. We value the unique abilities and talents each individual brings to our organization and recognize that we benefit in numerous ways from our differences. We are committed to providing accommodation to persons with disabilities. If you require accommodation during the recruitment or interview process we will work with you to accommodate your needs. If you are a candidate and have specific questions regarding the physical requirements of this role, please send an email so we may assist you. Travelers reserves the right to fill this position at a level above or below the level included in this posting. To learn more about our comprehensive benefit programs please visit http : / / careers.travelers.com / life-at-travelers / benefits / .

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    Insurance Professional • New York, NY, US

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