Jobs · Finance · Iowa

Surety Underwriting Intern

Merchants Bonding Company · West Des Moines, IA · 1 mo ago
Finance$24/hrInternship

About Us

At Merchants Bonding, we have a positive and collaborative environment where your ideas are valued, and your growth is prioritized. We work hard to deliver first-class experiences in all our relationships. Our commitment to innovation and building trust secured our spot among the top 10 surety companies in the country. Surety bonds are a vital part of industries like insurance, finance, and construction, where reliable business transactions are essential to protect all parties involved.

The Internship Experience

Our summer internship program offers a blend of professional development, cross-departmental learning, community service projects, and relationship-building opportunities. You'll work closely with your peers and experienced underwriters on significant business projects, gaining hands-on insight in a vibrant, supportive setting that fosters both personal and professional growth.

What You'll Do

  • Underwriting Case Evaluations: Support the evaluation and recommendation of underwriting cases involving significant financial amounts.
  • Financial Analysis: Analyze financial statements and other data for prequalification of bond submissions.
  • Client Relationship Development: Develop relationship-building skills through client-facing activities and interactions.
  • Surety & Risk: Gain a foundational understanding of the surety bond industry and risk analysis.
  • Process Improvement: Assist in creating training materials and suggest process improvements.
  • Technology Integration: Utilize advanced technology in the underwriting process.

Competencies You'll Use

  • Resourcefulness: Demonstrate initiative in gathering information, learning, and improving processes.
  • Financial Acumen: Apply financial principles and analytical skills to interpret data and identify trends.
  • Builds Internal Relationships: Build trust through teamwork, collaboration, and active engagement.
  • Communicates Effectively: Communicate clearly and adapt to different audiences in both written and verbal forms.
  • Time Management & Organization: Prioritize and manage tasks effectively while collaborating for optimal efficiency.
  • Professionalism: Maintain integrity, respect, and excellence in all interactions and work environments.

Qualifications

What Sets You Apart:

  • Strong Academic Performance and Relevant Coursework: A proven commitment to excellence through your academic achievements, including coursework relevant to the role, such as Principles of Finance & Accounting.
  • Previous Work Experience: Work experience, in a corporate environment or not, that showcases your skills and work ethic.
  • Involvement in Extracurricular Activities: Participation in campus organizations or other activities that demonstrate your teamwork, leadership, time management, and passions.
  • Leadership and Initiative: Roles or projects where you've taken on leadership responsibilities, demonstrated creativity, and proactively addressed challenges.
  • Professional Development: Additional training, certifications, or workshops that enhance your qualifications.
  • Volunteer Experience: Participation in volunteer opportunities that highlight your ability to collaborate with diverse teams and contribute to community-focused goals.

Location: West Des Moines, IA • Terms: 12 weeks, full-time, flexible 37.5 hours/week, in-office • Pay: $24/hour • Start Date: Monday, May 24th, 2027 (flexible) • End Date: Friday, August 13th, 2027 (flexible)

Take the first step in your career journey—send your resume to jobs@merchantsbonding.com or visit our careers page at www.merchantsbonding.com.

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