Business Insurance UPDP Underwriting Internship

Travelers

Jan 8

Applications are closed

Internship
Full-time
Summer Internship
Business, Operations & Strategy
Banking & Finance
Pittsburgh

Requirements

Preferred cumulative GPA of 3.0 or above.
Undergraduate students completing their sophomore or junior year preferred.
Working knowledge of Microsoft Office.
Strong verbal and written communication skills.
Strong analytical skills.
Legal eligibility to work in the United States.
Candidate must be pursuing a Bachelor’s degree.
Approximate work availability from June through August (10-12 weeks).
Targeted Majors:
Business Administration
Economics
Finance
Liberal Arts (with business focus preferred)
Management
Marketing
Risk Management and Insurance

Responsibilities

Complete core assignments and training modules geared toward insurance and underwriting principles.
Participate and complete self-paced professional development courses in time management, presentation skills, and other key areas.
Complete challenging and meaningful project work over the course of this program at the discretion of your manager. You may work independently or with other interns and will be asked to present your findings to local leadership. Sample projects include a territorial risk assessment to determine profitability and underwriting opportunities as well as a business process analysis to determine underwriting gaps.
Learn about other areas at Travelers such as Risk Control, Claims, and related Corporate functions. Interns may also engage in Agency visits with Account Executives.
Participate in the Enterprise Internship experience which includes Executive Speaker Series, Networking events, and Intern Symposium for Rising Seniors.
Perform other duties as assigned.

FAQs

What is the duration of the internship?

The internship lasts for approximately 10-12 weeks from June through August.

Is this internship paid?

Yes, the internship offers an hourly salary range of $24.00 - $25.00.

What are the preferred majors for this internship?

Targeted majors include Business Administration, Economics, Finance, Liberal Arts (with a business focus preferred), Management, Marketing, and Risk Management and Insurance.

What GPA is preferred for applicants?

A preferred cumulative GPA of 3.0 or above is ideal for applicants.

Will interns have a mentor during the program?

Yes, each intern will have a designated coach assigned within their business unit.

What kinds of projects will interns work on?

Interns will complete challenging project work that may include a territorial risk assessment and business process analysis, among others.

Are there opportunities for networking during the internship?

Yes, interns will participate in networking events and an Executive Speaker Series as part of the Enterprise Internship experience.

What skills are required for this internship?

Strong verbal and written communication skills, analytical skills, and a working knowledge of Microsoft Office are required.

Is prior experience in the insurance industry necessary?

No, prior experience in the insurance industry is not required, but a serious interest in entering the industry is preferred.

Can students from any year apply for the internship?

While undergraduate students completing their sophomore or junior year are preferred, any student pursuing a Bachelor's degree can apply.

Travelers

Travelers – taking care of our customers, communities and each other.

Finance

Industry

10,001+

Employees

1853

Founded Year

Mission & Purpose

Travelers provides insurance coverage to protect the things that are important to you – your home, your car, your valuables and your business. We have been around for more than 165 years and have earned a reputation as one of the best property casualty insurers in the industry because we take care of our customers, agents, brokers, communities and each other. Every day, our approximately 30,000 employees and 13,500 independent agents and brokers in the United States, Canada, the United Kingdom and Ireland help provide peace of mind to our customers. Our expertise and focus on innovation have made us an industry leader and the only property casualty company in the Dow Jones Industrial Average. Our history of advancements has propelled our company, and our industry, to deliver higher standards – from writing the first auto and space travel policies to founding the Travelers Institute for public policy and launching a hybrid car discount. By minimizing risk, preventing loss and helping our customers prepare for the unknown, Travelers’ comprehensive products and services enable individuals and businesses to feel confident and secure about the future.