Early Careers: Corporate Risk and Broking Broking Placement Intern

Summer Internship Program

WTW’s Summer Internship Program serves as the primary pipeline into our full-time Graduate Development Program (GDP) and is designed for university-level students primarily one year away from achieving their bachelor’s degree.  

The Summer Internship Program is an 8-week learning experience designed for students to gain an understanding of the ever-evolving risk landscape. The internship provides undergraduate students with the opportunity to gain hands-on experience working with world-class clients and colleagues in the insurance industry. The program provides the opportunity for interns to work alongside senior leadership and add value to client-facing exposures from accounts in the Fortune 500 sector to small local business areas. For a complete list of industries our colleagues work with, click here.  

In addition to core program components, interns are aligned to a specialized business area that will begin to build a technical foundation of knowledge and provide exposure to our clients through meaningful work assignments and projects. The internship program aims to create a collaborative community that contributes to our business through various projects, speaker series, structured training, case studies, networking events, and more. The program is comprised of a structured orientation, goal setting, mentorship, I&D initiatives, group presentations, and a formal performance review process. 

Broking Placement Overview 

WTW’s Broking teams deliver superior results for our clients’ business and risk management needs through deep industry specific expertise. The role of a broker is to help our clients mitigate their total cost of risk. The brokerage team operates as the firm’s intellectual capital where we work with our clients to assess, model, and structure risk. Once modeled, the broker personally escorts the clients’ risk into the market and draws upon their market relationships and their negotiation skills to secure quotations from the insurance carriers. While the nature of the work is similar day-to-day, no two placements are the same and common tasks may include: preparing and sending out submissions, liaising with markets, analyzing exposures, working through risk models, and negotiating quotations.  

Responsibilities:

• Gather information and analytics to assess and evaluate client risks to support the placement of client risks into the market.  

• Create Loss Summaries, review program binders for accuracy, check policies, and aide's brokers & senior brokers   

• Assist on any deliverables for Client Renewal Strategy Meeting & RFPs  

• Research market solutions to learn how to identify and develop optimum risk solutions for clients.  

• Initial introductions to carrier / trading partners   

• Begin understanding of core insurance principles and brokerage concepts   

• Ensure that quality and compliance procedures and processes are adhered to.  

• Record and maintain all information accurately on the appropriate systems, including initial introduction to and utilization of Broking Platform.  

• Demonstration of strong time and task management skills   

• Ability to take direction, receive constructive feedback and deliver accurate work product  

• Relationship management and customer focus; ability to interface with customers and collaborate internally with teammates to serve customers  

Education and Qualifications:

• Enrolled in a bachelor’s degree program with a target graduation date of May 2028  

• French language proficiency is preferred, including strong verbal and written communication skills

• Minimum GPA of 3.0 and above   

• Preferred Majors: Risk Management, Business, Finance, Economics, Accounting, Liberal Arts, Sociology 

• Proficient in Microsoft Office Suite 

• Intermediate to advance Excel skills 

• Exceptional interpersonal skills  

• Excellent written & verbal communication skills   

• Excellent presentation skills, analytically driven and detail oriented  

• Aptitude to learn and be proactive   

• Proficient in time management    

• Able to work legally in the United States indefinitely and without Visa sponsorship    

• WTW’s hybrid working environment allows for flexible working schedules with a mixture of both remote and in office time including global collaboration across teams. During the internship, most colleagues are expected to go into the office 3 times a week    

Compensation

The hourly rate being offered for this role is $31.00 CAD.
This role is also eligible for overtime.

Artificial Intelligence (AI) tools may be used in the process to screen, assess, or select applicants for a position but all final decisions and determinations are made exclusively by authorized human personnel.

This job posting is an advertisement for an existing vacancy.

Equal Opportunity Employer