Underwriting Intern
W.R. Berkley
Underwriting Intern
W.R. Berkley
Commercial insurance underwriting, reinsurance, and investments
"Supporting business innovation through specialty insurance solutions"Since 1974, Admiral Insurance Group has been supporting business innovation and market growth through its wholesale-dedicated excess and surplus (E&S) lines of commercial insurance. We specialize in underwriting difficult-to-place moderate to high-risk commercial businesses that require creative solutions, outside of the box thinking, entrepreneurial spirit, and astute business knowledge. As a member of the W. R. Berkley Corporation, a Fortune 500 Company and one of the nation’s premier commercial lines property casualty insurance providers, we have the resources, support, and industry data to provide exceptional service and exciting solutions for our clients and partners.
The Company is an equal employment opportunity employer.
The Summer Underwriting Intern will participate in a 10-week program, working with key team members to learn the underwriting process and support servicing of renewal accounts for the development and retention of Admiral business. Key functions will include but are not limited to:
• Learn the evaluation and pricing of Admiral renewal business in accordance with service standards, objectives, and Admiral underwriting guidelines.• Apply strong analytical skills in learning underwriting processes and renewal account servicing.• Participate in a collaborative group project with interns from other Admiral departments.• Work independently on a remote and/or hybrid in-person schedule throughout the summer months.• Perform ad-hoc financial analysis as needed to support business partners.• Complete other duties and assignments as part of the overall internship experience.
Learn more about Admiral’s internship program and what it’s like to work in the Underwriting department.
Qualifications:
• Prior work experience is preferred.• Career interest in Underwriting and Excess and Surplus Lines.• Ability to assess priorities and manage deadlines effectively.• Effective communication skills, both verbal and written.• Proven attention to detail with excellent organizational skills.• Strong research and analytical skills.• Ability to work independently.• Proficiency with MS Office Suite.
Education Requirement
• Pursuit of a Bachelor’s degree with a focus in Risk Management and Insurance, or a related program/field preferred.• GPA of 3.0 and above required.• Rising Junior or Senior student preferred.• Interest in enhancing classroom learning through practical career-related work experience within the industry.
Commercial insurance underwriting, reinsurance, and investments
W. R. Berkley Corporation underwrites commercial property and casualty insurance and provides reinsurance globally. It operates two segments: Insurance, with 53 units worldwide and lines such as excess and surplus, commercial auto, and workers’ compensation; and Reinsurance & Monoline Excess, offering reinsurance and excess coverage to other insurers and self-insured entities. It earns money from premiums and from its investment portfolio. The company differentiates itself with a broad multinational underwriting platform and a dual focus on underwriting profitability and investment management, serving clients from small businesses to large corporations across many industries. Its goal is to deliver risk transfer and financial protection to customers while generating steady underwriting results and investment returns for shareholders.
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