Experience:
No experience
Employment Type:
Intern/Co-op
Posted:
9/19/2019
Job Category:
Education
Bond & SI Intern
(This job is no longer available)
Travelers | Hartford, CT
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Job Description

Primary Job Duties & Responsibilities

Each intern will be expected to complete challenging and meaningful project work over the course of this program. In addition, there are core assignments and a designated coach to further develop interns' knowledge of insurance underwriting, sales and marketing. Positions are available across various U.S. offices lasting approximately 10-12 weeks beginning in late May/early June 2017. Housing assistance is not provided.

Job Specific & Technical Skills & Competencies

Working knowledge of Microsoft Office. Strong verbal and written communication skills. Strong analytical skills. Legally eligible to work in the United States.

Job Summary

The intent of this position is to provide our 2019 Bond and Specialty Insurance UPDP Summer Interns the ability to apply to our 2020 Bond and Specialty Insurance UPDP Summer Internship opportunities. Applications outside of this audience will not be considered at this time. However, for additional positions posted at a later date we encourage anyone who was not a Summer Intern between June 2019-August 2019 to apply at that time.

The Bond & Specialty Insurance Underwriting Internship Program provides qualified students with an excellent opportunity to gain first-hand experience, receive valuable on-the-job training and learn more about the property & casualty insurance industry. What exactly is an Underwriter? Insurance is the contractual transfer of financial risk from one party to another. Underwriters (Account Executives) are the heart of the insurance process, gathering and researching pertinent information and then using finely tuned analytical skills to evaluate the acceptability of business and institutional risk. However, underwriters are more than just analysts - they are the core relationship builders with our agents and clients. They are responsible for managing a profitable portfolio of business through our distributing agents and brokers. An underwriting career includes a dynamic blend of analytical and marketing skills - it's challenging, stimulating and a superb career choice. The Bond and Specialty Insurance Division: The Bond & Specialty Insurance provides management liability, professional liability and surety to businesses of all sizes. It also provides traditional property casualty coverages to Financial Institutions, and is organized into six separate and distinct business units which include: -Commercial Surety: Protects a third party from the failure of an insured to perform or fulfill an obligation -Construction Services: Insuring the bond between contractors and clients -Financial Institutions: Insurance for community banks, credit unions, insurance companies, investment advisors and large depository & non-depository institutions -Private/Non Profit Liability: Insurance products for private companies and non-profit institutions -Professional Liability: Professional liability coverage protects against liability claims for negligence, errors and omissions in the performance of professional services -Public Company Liability: Insurance products crafted to address the diverse management liability exposures faced by today's public companies

Education, Work Experience & Knowledge

Because the Bond & Specialty Internship Program itself is complex and dynamic, we welcome applicants that have a variety of majors, backgrounds and experiences. For this internship opportunity, we are most interested in students who are serious about entering the insurance industry and who are excited about the prospect of making underwriting their future career choice. Preferred cumulative GPA of 3.0 or above. Undergraduate students completing their sophomore or junior year. Business Administration, Economics, Finance, Risk Management/Insurance, Marketing or other Liberal Arts majors with a business focus are preferred. Targeted Majors: Business Administration Economics Finance Liberal Arts (with business focus preferred) Management Marketing Risk Management and Insurance

Minimum Qualifications

Must be pursuing a Bachelor's degree.

About Travelers

In an uncertain world, Travelers is an insurance leader, committed to keeping pace with the ever-changing needs of our customers, and anticipating their needs for the future. There is no stronger testament to our dedication to protecting customers from loss than our continued innovation and ability to transform our industry. In fact, from the first ever auto and space travel policies and hybrid car discount, to the 2009 founding of The Travelers Institute for public policy, our history of advancements has propelled our company-and our industry-towards ever higher standards for customers. Travelers is a company that works hard at the science of what we do: we analyze information, process perspectives and measure results to create the best combination of products and services. We work equally hard at customer service and how we interact with the people whom we do business. Over the years, we've strived to earn our customers' loyalty by continually improving our abilities to listen and respond to their needs. Today, more than 150 years after our founding, Travelers is one of the nation's largest property casualty companies with more than 30,000 employees, 13,000 independent agents and 22 product lines across the personal, business, financial and international insurance segments. Travelers has become a symbol of financial strength and is a component of the Dow Jones Industrial Average and ranks 106 on the Fortune 500. Minimizing risk, preventing loss and helping our customers prepare for the unknown, Travelers' comprehensive products, services and support give individuals and businesses the confidence they need to feel secure. For more information, please visit: http://www.travelers.com/