Jobs · Virginia

Business Insurance Underwriting Professional Development Program (BI UPDP) Internship

Travelers · Richmond, VA · 1 wk ago
Hybrid$25–$26/hrFull-time

About the role

Taking care of our customers, our communities and each other. That’s the Travelers Promise. By honoring this commitment, we have maintained our reputation as one of the best property casualty insurers in the industry for over 170 years. Join us to discover a culture that is rooted in innovation and thrives on collaboration. Imagine loving what you do and where you do it.

Target openings: 1.

Pay

The hourly salary range provided for this position is a nationwide market range and represents a broad range of salaries for this role across the country. The actual hourly rate for this position will be determined by a number of factors, including the scope, complexity and location of the role; the skills, education, training, credentials and experience of the candidate; and other conditions of employment. As part of our comprehensive compensation and benefits program, employees are also eligible for performance-based cash incentive awards.

Salary range: $25.00 - $26.00 per hour.

Schedule

This is a 10‑week internship program running from early June to mid‑August.

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 over the course of the program at the discretion of your manager; may work independently or with other interns and present findings to local leadership.
  • Sample projects include a territorial risk assessment to determine profitability and underwriting opportunities, and a business process analysis to determine underwriting gaps.
  • Learn to leverage modern analytical and artificial intelligence (AI) tools/platforms with the ability to apply critical thinking to evaluate limitations related to quality and accuracy of AI‑assisted outputs.
  • Learn about other areas at Travelers such as Risk Control, Claims, and related corporate functions.
  • Interns may also engage in agency visits with Account Executives.
  • Participate in the Enterprise Internship experience which includes Executive Speaker Series, Networking events, and Rising Senior Intern Symposium.
  • Perform other duties as assigned.

Qualifications

  • Pursuing or obtained a Bachelor’s degree.
  • Preferred cumulative GPA of 3.0 or above.
  • Degree in Business Administration, Economics, Finance, Liberal Arts (with business focus preferred), Management, Marketing, Risk Management and Insurance.
  • Working knowledge of Microsoft Office.
  • 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.

Benefits

Housing assistance is not provided.

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