Business Insurance Underwriting Professional Development Program Internship
Travelers
About the Role
The Business Insurance (BI) Underwriting Professional Development Internship Program provides students with an opportunity to gain exposure to the critical function of evaluating risk and determining appropriate pricing for insurance products at Travelers. This 10-week program, running from early June to mid-August, offers qualified interns first-hand commercial insurance underwriting experience, valuable on-the-job training, and insights into the property and casualty insurance industry. This role is a potential pathway to the full-time Underwriting Professional Development Program (UPDP).
- Compensation Range: $25.00 - $26.00 per hour
- Target Openings: 1
- Applications will be reviewed on a rolling basis beginning in October.
- Housing assistance is not provided.
Key Responsibilities
Within your assigned business unit, each intern will be given a designated coach and expected to:
- Complete core assignments and training modules geared toward insurance and underwriting principles.
- Participate and complete self-paced professional development courses in areas such as time management and presentation skills.
- Complete challenging and meaningful project work, potentially working independently or with other interns, and present findings to local leadership.
- Sample projects include territorial risk assessment and business process analysis.
- Learn to leverage modern analytical and artificial intelligence (AI) tools/platforms, applying critical thinking to evaluate limitations of AI-assisted outputs.
- Learn about other areas at Travelers, such as Risk Control, Claims, and related corporate functions.
- Engage in agency visits with Account Executives.
- Participate in the Enterprise Internship experience, including Executive Speaker Series, Networking events, and Rising Senior Intern Symposium.
- Perform other duties as assigned.
Requirements & Tech Stack
- Must be pursuing or have obtained a Bachelor’s degree.
- Working knowledge of Microsoft Office.
Qualifications
- Preferred cumulative GPA of 3.0 or above.
- Obtained or pursuing a Bachelor's degree in Business Administration, Economics, Finance, Liberal Arts (with a business focus preferred), Management, Marketing, or Risk Management and Insurance.
- Curiosity, strong relationship management skills, and critical thinking abilities.
- Serious about entering the insurance industry and interested in underwriting as a future career choice.
- Must be authorized to work for any employer in the U.S. now and in the future. The company does not sponsor/support H-1B petitions, TN, or Forms I-983/STEM OPT for this role.