Business Insurance Underwriting Professional Development Program Internship (BI UPDP Intern)

About the role

Who Are We? 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.

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 this 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 as well as 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.

Requirements

• Preferred cumulative GPA of 3.0 or above.
• Obtained or pursuing a Bachelor's degree in Business Administration, Economics, Finance, Liberal Arts (with business focus preferred), Management, Marketing, Risk Management and Insurance.

Skills

• Working knowledge of Microsoft Office.

Pay

The hourly salary range provided for this position is a nationwide market range of $25.00 - $26.00 per hour. The actual hourly rate will be determined by factors such as 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 the comprehensive compensation and benefits program, employees are also eligible for performance‑based cash incentive awards.

Benefits

For details on Travelers’ comprehensive benefit programs, visit http://careers.travelers.com/life-at-travelers/benefits/.

Schedule

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