Summer 2026

Surety Claims Intern

Surety Claims

Posted on 10/1/2025

Deadline 10/27/25
Nationwide

Nationwide

10,001+ employees

Underwrites insurance policies and manages investments

Compensation Overview

$21 - $50/hr

No H1B Sponsorship

Des Moines, IA, USA + 1 more

More locations: Simsbury, CT, USA

In Person

Category
Finance & Banking (1)
Requirements
  • Pursuing Juris Doctorate degree from an accredited law school
  • Involvement in student activities and/or some work experience
  • Verbal and written communication skills necessary to interact with all levels of internal and external contacts
  • Ability to evaluate and recommend solutions to work-related problems
  • Strong analytical skills
  • Effective time management skills and competencies preferred.
Responsibilities
  • Review of new and existing surety claim demands from claimants and/or their legal counsel
  • Review and analysis of bond terms and conditions as well as review and analysis of documentation submitted by claimants in support of surety bond claims
  • Review and discussion of surety bond principal’s position related to claims and factual and/or legal analysis of surety’s potential defenses and obligations regarding the claim
  • Management of outside legal counsel and review of draft legal pleadings to be filed on behalf of Nationwide related to litigation involving Nationwide issued surety bonds
  • Determines necessary steps to process work
  • Makes preliminary determination on validity of claims and makes recommendations to management regarding possible resolution or mitigation of claim exposure consistent with Nationwide’s bonded liability pursuant to applicable law and terms and conditions of the surety bond.
Desired Qualifications
  • General understanding of basic analytical and financial techniques preferred
  • Effective time management skills and competencies preferred.

Nationwide delivers insurance and financial services in the United States for individuals and businesses. Its products include auto, home, life, and commercial insurance, along with retirement and investment solutions. The company underwrites policies, collects premiums, and pays claims while also managing investment portfolios to generate income. Its software-enabled processes support claims handling and policy management, helping customers manage risk and plan for the future. Nationwide differentiates itself through a broad, integrated suite of personal and commercial offerings, a strong focus on customer service, and technology-driven operations, including partnerships that promote financial education for retirees. The goal is to provide financial security and peace of mind by protecting futures and helping clients with retirement and estate planning, risk management, and long-term wealth growth.

Company Size

10,001+

Company Stage

N/A

Total Funding

$1.4B

Headquarters

Columbus, Ohio

Founded

1925

Simplify Jobs

Simplify's Take

What believers are saying

  • Total adjusted capital hits $32.8B record, exceeding AAA requirements.
  • Net operating income surges 37% to $4.3B on underwriting strength.
  • A+ S&P and A2 Moody's ratings affirm exceptional liquidity.

What critics are saying

  • P&C expansion triggers 15-25% cat losses from hurricanes in 12-24 months.
  • CRE mortgages like $56M Whitestone loan default in 6-18 months.
  • NAIC raises reserves, cuts Nationwide's ROE in 12-24 months.

What makes Nationwide unique

  • Modern mutual structure drives five-year record growth to $73.2B premiums in 2025.
  • 'Predict and Prevent' strategy resumes P&C expansion in commercial lines.
  • $172B investment portfolio yields $7.3B net income, up from $6.5B.

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Benefits

Health Insurance

Dental Insurance

Vision Insurance

Life Insurance

Disability Insurance

Paid Vacation

Paid Holidays

401(k) Retirement Plan

401(k) Company Match

Company News

PR Newswire
Apr 2nd, 2026
Nationwide hits record $73.2B in sales as insurer enters 100th year

Nationwide has reported record financial results for 2025, entering its centennial year with total adjusted capital of $32.8 billion, the highest in its 100-year history. The insurer achieved $73.2 billion in sales and premiums, up 7% from 2024, marking its fifth consecutive year of record growth. Net operating income rose 37% to $4.3 billion, driven by strong underwriting and investment performance across its diversified portfolio. The company paid more than $20.2 billion in claims and benefits to members. Key 2025 achievements included acquiring Allstate Benefits' group health business to expand employer stop-loss insurance offerings and announcing a $1.5 billion technology investment through 2028, with $100 million annually dedicated to AI advancement. The Nationwide Foundation contributed over $41 million to nonprofit organisations.

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