Summer 2025
Investment Intern
Posted on 8/25/2025
Shelter Insurance
1,001-5,000 employees
Regional insurer offering multi-line coverage
Compensation Overview
$18.83/hr
Columbia, MO, USA
In Person
Corporate office location.
 Finance & Banking (2) |
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- Pursuit of finance, business or other analytical degree desired.
- Exposure to finance and investment principles and an understanding of core financial analysis, including familiarity with CFA level 1 curriculum.
- Basic working knowledge of income statements, balance sheets, and cash flow statements.
- Introductory/beginner knowledge of equity and/or fixed income markets.
- Intellectually curious, high-aspiring student with interest in institutional asset management.
- Individual initiative; attention to detail; high personal accountability.
- Excellent verbal communication skills.
- Experience with Microsoft Office, especially Excel, and other financial software applications, including databases.
- Demonstrated skills in Excel (non-beginner), business writing and calculating and interpreting basic financial and performance metrics.
- Typically requires commitment to a minimum of 12-month work experience, including full-time in the summer and flexible, part-time schedule during the school year.
- Strong organizational skills.
- Proficiency in working both independently and in team settings, with the ability to establish positive relationships with department staff and external partners.
- Successfully completed core finance/accounting courses with minimum B passing grade.
- Letter of recommendation from professor/advisor/previous employer.
- Ability to perform the essential functions of the position, with or without a reasonable accommodation.
- Work across multiple asset classes, including fixed income, alternatives and public equity, to support all Investment department functions.
- Provide critical research and evaluation of existing and new investment opportunities.
- Prepare and update various reports summarizing portfolio performance and economic trends impacting insurance and corporate pension portfolios.
- Conduct other ad hoc investment projects in accordance with department needs.
- Interest in institutional asset management.
Shelter Insurance is a regional insurer serving the Midwest and South, offering auto, home, life, and business coverage across 14 states. It sells policies through a network of over 1,400 local agents who tailor plans to individuals, families, and small to mid-sized businesses. Premiums pay for covered losses and the company also invests collected funds to generate additional income and strengthen finances. Its goal is to provide reliable coverage with personalized service while maintaining financial stability through careful risk management and investments.
Company Size
1,001-5,000
Company Stage
N/A
Total Funding
N/A
Headquarters
Columbia, Missouri
Founded
1946
Simplify's Take
What believers are saying
- Guidewire modernization improves operational efficiency in policy and claims processing capabilities.
- Insurance Data Network membership enables collaborative fraud detection data sharing with competitors.
- Rockne Corbin's 32-year tenure ensures experienced leadership continuity through strategic transitions.
What critics are saying
- Regional concentration in Midwest and South exposes Shelter to catastrophic weather-driven claims.
- Mutual structure limits capital for aggressive telematics adoption versus shareholder-driven competitors.
- Guidewire implementation delays could increase administrative costs and lose market share.
What makes Shelter Insurance unique
- Mutual structure aligns incentives with policyholders, prioritizing service over shareholder returns.
- Regional focus in Midwest and South enables deep market knowledge and personalized agent relationships.
- AI-powered fraud detection via Shift Technology reduces claims costs and protects policyholder premiums.
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Benefits
Health Insurance
Dental Insurance
Vision Insurance
401(k) Company Match
Paid Vacation
Unlimited Paid Time Off
Vitality Wellness Program
Flexible Work Hours
Bonus Opportunities
Company News
Solution Deployed to Fight Auto & Property Insurance FraudBOSTON and PARIS, May 7, 2025 /PRNewswire/ -- Shift Technology , a provider of AI-powered decision optimization solutions for the global insurance industry, today announced that Shelter Insurance has gone live on Shift Claims Fraud to help mitigate exposure to auto & property insurance fraud risk. The insurer is also a member of the recently announced Insurance Data Network (IDN).As a mutual insurer, Shelter is owned by its policyholders as opposed to shareholders. As such, the company has long been known for its commitment to customer service and its continuous innovation in the service of delivering exceptional policyholder experiences. Viewing claims fraud as an activity that adversely affects legitimate customers and the insurer's combined ratio, Shelter turned to Shift to help them apply artificial intelligence (AI) to the challenge of finding suspicious claims and determining how best to investigate their veracity."What is insidious about insurance fraud is that it impacts nearly every aspect of the insurance business, from the policyholder experience to profitability to the premiums our insureds pay," Mark Jones, Director of Litigation and SIU, Shelter Insurance. "Through our work with Shift we are able to identify a greater number of suspicious claims, separate them from legitimate claims, thoroughly investigate, and conclude it as quickly, accurately, and fairly as possible. This is incredibly beneficial to the business and our customers."According to industry estimates, P&C claims fraud costs U.S
Shelter Insurance selects Guidewire to transform business operations.
COLUMBIA - Shelter Insurance Companies announced Friday its current president and CEO, Randa Rawlins, will retire, effective April 30, 2024.
Shelter Insurance was named Business of the Year, and Community Outreach Ministries received Community Partner of the Year honors, according to a news release issued last week.