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Financial Lines, Intern

Applications are closed

  • Internship
    Full-time
    Summer Internship
  • Business, Operations & Strategy
    Banking & Finance
  • New York

Requirements

  • Strong interest in Finance, Business and/or Economics
  • Basic understanding of banks, insurance companies, real estate, private equity, and asset managers
  • Ability to work as part of a team, as well as independently when needed
  • Effective written and verbal communication skills
  • Ability to manage multiple priorities and manage time effectively in a fast-paced environment
  • Experience with MS Office Applications
  • All candidates must have permanent work authorization in the United States

Responsibilities

  • During the 12-week internship, you will begin your career by learning how to use both quantitative and qualitative analytical skills to fully understand and assess risk profiles of various financial institutions under the guidance of experienced underwriters.
  • You will learn how to underwrite risk and determine the appropriate price, terms and conditions to support profitable business, as well as get a glimpse into marketing to and building relationships with distribution partners.

FAQs

What is the duration of the internship?

The internship lasts for 12 weeks.

Where is the internship located?

The internship is located in New York.

What is the hourly salary range for this internship?

The base salary range for this position in New York is from $22/hour to $28/hour, determined by the candidate’s relevant skills and experience.

What type of training will the intern receive?

The intern will receive on-the-job training with a focus on management liability insurance and will learn to use both quantitative and qualitative analytical skills under the guidance of experienced underwriters.

Are there specific educational qualifications required for this internship?

Candidates should have a strong interest in Finance, Business, and/or Economics, along with a basic understanding of financial institutions such as banks, insurance companies, real estate, private equity, and asset managers.

Is prior experience in the insurance industry required for this internship?

No prior experience in the insurance industry is required; the position is entry-level.

Will the intern have opportunities for mentorship during the program?

Yes, interns will receive one-on-one mentorship, career development, and learning opportunities while engaging with senior management.

What skills are necessary for this internship?

Effective written and verbal communication skills, the ability to manage multiple priorities, work as part of a team as well as independently, and experience with MS Office Applications are necessary.

Can candidates work part-time or must they work full-time during the internship?

The job description does not specify part-time options; typically internships require full-time engagement during the set duration.

Is there an emphasis on diversity within the organization?

Yes, the organization values diversity of backgrounds, experiences, and perspectives and strives to foster an inclusive environment.

Finance
Industry
1001-5000
Employees

Mission & Purpose

Berkshire Hathaway Specialty Insurance is an organization committed to providing long-term risk solutions and claims care to our customers backed by the financial strength of Berkshire Hathaway. We’re passionate about analyzing risk markets and tailoring insurance solutions that provide businesses with the flexibility they need to pursue opportunities. Accessibility, collaboration, responsibility, and integrity are at the core of how we conduct business. Ease of doing business is a priority, which means our teammates are empowered to collaborate and think creatively to achieve customer satisfaction. Our company culture puts a premium on responsiveness so we can get business done effectively, efficiently, and thoroughly.

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