Employee Benefits Underwriter Intern

Company:

Victor

Description:

Victor Insurance is seeking for a graduate for the position Employee Benefits (EH&B) Underwriter inside the Operations team based in the Milan office.

By matching those willing to take risk with those who need coverage and through advanced technology and an innovative approach to matching risk, distribution and capital access, Victor provides enhanced products and services to partners and clients.

What can you expect?

To be a key member of the EH&B underwriting team responsible for new policies, portfolios and renewals, calculating insurance risk and matching solutions to intermediaries’ proposals together with or on behalf of our insurance carrier partners.

What is in it for you

• A company with a strong brand and strong results to match;
• Attractive benefits coverage, outstanding learning programmes, mentoring opportunities and interaction with counterparts in industry groups and client organizations;
• Attending to educational workshops, reviewing professional publications and participating in professional societies to improve insurance underwriting knowledge.

We will count on you to

• Achieve insurance underwriting operational objectives by contributing information and analysis to strategic plans and reviews; preparing and completing action plans; implementing production, productivity, quality, customer-service, completing audits; identifying, developing, and implementing system improvements;
• Work on new and existing application submissions, portfolio solutions, endorsement revisions, negotiation of terms and conditions with our insurance company partners and intermediaries to maintain relationships and generate new business;
• Assist in the management of broker facilities (checking / agreeing policy documentation, administration, tracking progression of policies, broker follow-up);
• Collaborate with different departments to assess the proper analysis of risk, claims coverage and to determine appropriate courses of action;
•  Assist the Senior UW to negotiate terms and conditions with our carrier partners for our intermediary network and bind coverage and initiate the policy issuance process.

What you need to have: 

• University degree in business, law or similar;
• Fluent in English (written and spoken);
• At least 1 year of professional experience in the insurance industry (Accident & Health);
• Proficient in Excel, Word and PowerPoint;
• Ability to work within a dynamic and challenging environment – handle multiple priorities - often under tight deadlines.

Marsh (NYSE: MRSH) is a global leader in risk, reinsurance and capital, people and investments, and management consulting, advising clients in 130 countries. With annual revenue of over $27 billion and more than 95,000 colleagues, Marsh helps build the confidence to thrive through the power of perspective. For more information, visit marsh.com, or follow us on LinkedIn and X.Victor offers a connected culture of talented, inspired individuals, and a work environment where colleagues can grow and succeed. At Victor, your voice is heard, your skills are sharpened and your ambitions nurtured. We value diversity in thought and background and are looking for individuals who are up for the challenge of creating the insurance enterprise of the future. If that’s you, join us on our journey—with us by your side, you’ll be ready to tackle tomorrow’s challenges. Victor Insurance Managers LLC (“Victor”) is one of the world’s largest managing general underwriters with locations in the US, Canada, UK, Netherlands, Germany, Italy, and Australia. It handles more than $4 billion USD in premium on behalf of numerous insurance carriers, through a large network of more than 20,000 active insurance agents and brokers. With deep, specialized underwriting expertise, the company delivers a wide range of insurance solutions – from specialty property and casualty and professional liability insurance to group and retiree benefits. Victor is committed to building on 65-plus years of experience to develop products and services that address the complex needs of its customers. For more information, visit www.victorinsurance.com.Marsh is committed to providing an inclusive work environment. We aim to attract and retain the best, most qualified people and value colleagues of all backgrounds, without regard to age, background, disability, ethnic origin, family duties, gender orientation or expression, marital status, nationality, parental status, personal or social status, political affiliation, race, religion and beliefs, sex/gender, sexual orientation or expression, skin color, or any other characteristic protected by applicable law.Marsh is committed to hybrid work, which includes the flexibility of working remotely and the collaboration, connections and professional development benefits of working together in the office. All Marsh colleagues are expected to be in their local office or working onsite with clients at least three days per week. Office-based teams will identify at least one “anchor day” per week on which their full team will be together in person.#VictorItaly