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Internship

Summer Intern

Underwriting, Errors & Omissions

Posted on 9/9/2024

Core Specialty

Core Specialty

Healthcare
Financial Services
Food & Agriculture

Chicago, IL, USA

Hybrid work.

Category
Insurance
Finance & Banking
Required Skills
Communications
Requirements
  • Must be a current college student actively pursuing a bachelor's or master's degree in Insurance Risk Management, Accounting, Finance, Business or a related field
  • Must be able to work in the U.S. without current or future sponsorship
  • Excellent computer skills; proficient in Microsoft Office Suite
  • Highly organized with attention to detail
  • Excellent verbal and written communications skills
  • Able to work easily with cross-functional teams.
Responsibilities
  • Preparation of accounts for modeling
  • Assist underwriters with drafting quotes and binders
  • Post-binding transactions
  • Policy issuance
  • Endorsement processing and issuance
  • Account Audit
  • General office administrative duties as and when required

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.
INACTIVE