Jobs · Finance · Iowa

Summer 2027 Surety Claims Intern

Nationwide · Des Moines, IA · Yesterday
Finance$23–$50/hrFull-time

About the role

Nationwide is a leader in the insurance and financial services industry in America. We are a Fortune 100 company with a mission to protect people, businesses and futures with extraordinary care. The Nationwide summer internship program is designed to empower you, allowing you to forge a strong foundation for your career. Over the course of 12 weeks, Nationwide interns take part in key business assignments that make a difference, all while enhancing their leadership competencies.

Responsibilities

  • Review of new and existing surety claim demands from claimants and/or their legal counsel.
  • Review and analysis of bond terms and conditions as well as review and analysis of documentation submitted by claimants in support of surety bond claims.
  • Review and discussion of surety bond principal's position related to claims and factual and/or legal analysis of surety's potential defenses and obligations regarding the claim.
  • Management of outside legal counsel and review of draft legal pleadings to be filed on behalf of Nationwide related to litigation involving Nationwide issued surety bonds.
  • Determines necessary steps to process work. Makes preliminary determination on validity of claims and makes recommendations to management regarding possible resolution or mitigation of claim exposure consistent with Nationwide’s bonded liability pursuant to applicable law and terms and conditions of the surety bond.

Requirements

A successful Surety Claims Intern at Nationwide has:

  • Pursuing Juris Doctorate degree from an accredited law school
  • Involvement in student activities and/or some work experience
  • General understanding of basic analytical and financial techniques preferred
  • Versatility in verbal and written communication skills necessary to interact with all levels of internal and external contacts
  • Ability to evaluate and recommend solutions to work-related problems
  • Strong analytical skills
  • Effective time management skills and competencies preferred

Qualifications

At its sole discretion, Nationwide determines whether to offer sponsorship for qualifying positions based on business need and budget. However, it is not usually available for entry level roles.

Nationwide does not participate in the Stem OPT Extension program.

The company offers designated smoking areas in which smoking is permitted at each individual location.

Benefits

Nationwide pays on a geographic-specific salary structure and placement within the actual starting salary range for this position will be determined by a number of factors including the skills, education, training, credentials and experience of the candidate; the scope, complexity and location of the role as well as the cost of labor in the market; and other conditions of employment.

The national hourly pay range for Nationwide Internships is: $23 - $50

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