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Underwriting Intern - Sacramento - 2025

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Mercer

1mo ago

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

AI generated summary

  • You must be a junior graduating Dec 2025-May 2026, have a GPA of 3.0+, major in a relevant field, and possess U.S. work authorization. Hybrid role in Sacramento at $25/hr.
  • You will learn about the insurance market, participate in training, attend meetings, work on project processes, and deliver a final presentation on your findings and recommendations.

Requirements

  • Current Juniors with an expected graduation date between December 2025 - May/June 2026
  • Overall cumulative GPA of 3.0 or above at the time of application and start date
  • Major’s: Risk management, finance, business, accounting or related fields
  • Location: Sacramento, CA (hybrid schedule: 3 days in office per week)
  • Applicants must have legal work authorization in the U.S. on a permanent and ongoing basis without the need for sponsorship now or in the future.
  • The applicable hourly rate for this role is $25/hr.

Responsibilities

  • Learning about the insurance market, policy lifecycle, risk modeling, systems, and overview of Victor's business units.
  • Participating in instructor-led training; on-line courses, and shadowing Forestry and Auto Dealer colleagues.
  • Attendance at account review meetings and other meetings relevant to individual projects will further enhance learning opportunities.
  • Project work will focus on business processes such as inspections, losses, and the cost of doing business. Interns will work with the project sponsor to determine scope, resources, and develop timelines for milestones.
  • Deliver a final presentation on the project, findings, and recommendations at the conclusion of the internship.
  • Underwriting tasks and assignments will be tailored to intern’s project and career interests, schedule permitting.

FAQs

What is the duration of the Underwriting Intern position?

The Underwriting Intern position lasts for 10 weeks during the summer.

What is the location for the internship?

The internship is located in Sacramento, CA, and follows a hybrid schedule of three days in the office per week.

What is the hourly rate for this internship role?

The applicable hourly rate for this role is $25 per hour.

What qualifications do I need to apply for the internship?

Applicants must be current juniors with an expected graduation date between December 2025 and May/June 2026, have a cumulative GPA of 3.0 or above, and be majoring in risk management, finance, business, accounting, or related fields.

Is prior experience necessary for this internship?

No, prior experience is not necessary, but a strong interest in underwriting and risk assessment is beneficial.

How will the internship experience be structured?

The internship will involve learning about the insurance market, participation in instructor-led training, shadowing colleagues, attendance at relevant meetings, and completing a summer project with a final presentation.

Will I have the opportunity to collaborate with other interns?

Yes, interns will have the opportunity to collaborate with interns at other Victor subsidiaries throughout the internship.

How will the selection process for applicants be conducted?

Applications will be reviewed on a rolling basis, and the first-round interview will consist of a recorded video interview through the online HireVue platform.

What type of projects will be assigned to interns?

Projects may include analysis of predictive loss data, effectiveness of risk management strategies, evaluation of new product opportunities, and business process analysis related to inspections and costs.

Is there any requirement regarding work authorization?

Yes, applicants must have legal work authorization in the U.S. on a permanent and ongoing basis without the need for sponsorship now or in the future.

Preparing you for the future of work. Improving health and well-being. Reshaping retirement and investment outcomes

Consulting
Industry
10,001+
Employees
1945
Founded Year

Mission & Purpose

Mercer is a global consulting firm that specializes in providing human resources, benefits, and investment-related services to organisations. They offer a wide range of consulting solutions in areas such as talent management, compensation and benefits, retirement planning, and investment advice. Mercer's ultimate mission is to help organisations and individuals achieve better health, wealth, and career outcomes. Their purpose lies in delivering personalised and data-driven solutions that address the evolving challenges in the workplace, improve employee well-being, and optimise organisational performance. By leveraging their expertise in human capital, health, and wealth management, Mercer aims to empower businesses to make informed decisions, attract and retain top talent, and create sustainable and thriving work environments. Additionally, they strive to assist individuals in making informed financial decisions to secure their financial future and retirement. Through their consulting services and research-driven insights, Mercer seeks to shape the future of work, promote employee well-being, and drive positive change in the world of work and benefits.

Benefits

  • Paid vacation and holidays

  • Life insurance

  • Legal assistance

  • Health club discounts