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 (early June to mid-August) offers qualified interns first-hand commercial insurance underwriting experience, on-the-job training, and learning about the property and casualty insurance industry. This role is a potential pathway to the full-time Underwriting Professional Development Program (UPDP).
Key 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, which may include presenting findings to local leadership. Sample projects include territorial risk assessments and business process analyses.
- Learn to leverage modern analytical and artificial intelligence (AI) tools/platforms and apply 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
- Working knowledge of Microsoft Office.
- Ability to learn and leverage modern analytical and artificial intelligence (AI) tools/platforms.
Qualifications
- Pursuing or obtained a Bachelor’s degree.
- Preferred cumulative GPA of 3.0 or above.
- Pursuing or obtained a Bachelor's degree in Business Administration, Economics, Finance, Liberal Arts (with business focus preferred), Management, Marketing, Risk Management and Insurance.
- Curiosity and enjoyment in managing relationships and employing critical thinking skills.
- Seriousness about entering the insurance industry and excitement about underwriting as a future career choice.