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Internship

Summer Intern

Reinsurance

Confirmed live in the last 24 hours

Core Specialty

Core Specialty

Healthcare
Financial Services
Food & Agriculture

Cincinnati, OH, USA

Hybrid work.

Category
Insurance
Finance & Banking
Required Skills
Communications
Management
PowerPoint/Keynote/Slides
Requirements
  • Must be actively working towards a bachelor’s or master's degree, preferably in Accounting, Finance, Economics, Insurance Risk Management, Business, or a related field.
  • Must be able to work in the U.S. without future sponsorship.
  • Able to work 40 hours per week for 12 weeks.
  • Must be able to work in a team environment with direct and indirect reporting relationships (Matrix).
  • Solid administrative and project management skills.
  • Strong attention to detail.
  • Problem solving, data, and analytical thinking skills.
  • Familiarity and ability to use Microsoft Office products especially PowerPoint and Excel.
  • Intermediate level of general Finance knowledge, and a basic knowledge of reinsurance and/or specialty insurance is preferred.
  • Strong written and oral communication skills.
Responsibilities
  • Assist with reinsurance management, guideline maintenance, process, and procedure documentation.
  • Monitor reinsurance contracts ensuring clarity and accuracy of agreed-upon terms, monthly monitoring, or key indicators such as reinsurance collateral, and reinsurance concentration levels.
  • Support the process of all reinsurance placements and checkpoints throughout the placement lifecycle.
  • Assist with preparation of materials for various governance committees and reinsurance review meetings.
  • Assist with the completion of any underwriting, claims or reinsurance audits as needed.
  • Recommend changes to procedures to improve operations with the office.
  • Assist with special projects and other assigned duties as appropriate.
  • Assist in the build out of dedicated Reinsurance Management software.

Company Stage

M&A

Total Funding

N/A

Headquarters

Cincinnati, Ohio

Founded

N/A

Simplify Jobs

Simplify's Take

What believers are saying

  • The upgrade in credit ratings by AM Best reflects Core Specialty's strong financial health and stability.
  • Investment in Gramercy Risk indicates a commitment to expanding their portfolio and diversifying risk.
  • The partnership with AllDigital Specialty enables Core Specialty to offer efficient and competitive digital solutions, potentially increasing market share.

What critics are saying

  • The integration of acquired companies like Lancer Insurance could pose operational challenges and cultural mismatches.
  • Focusing on niche markets may limit growth opportunities compared to more diversified insurers.

What makes Core Specialty unique

  • Core Specialty's strategic partnerships, such as with AllDigital Specialty, leverage low-touch/no-touch technology to streamline operations, setting them apart in the insurance market.
  • The company's focus on niche markets like small to medium-sized private and nonprofit organizations allows it to cater to specific needs that larger insurers might overlook.
  • Recent mergers and acquisitions, including the merger with Lancer Insurance Company, enhance Core Specialty's market presence and operational capabilities.