Underwriting Intern - Environmental Middleton, WI Want to join an exciting and collaborative company that offers paid sick time, holidasy and fully vested up to 5% matching 401k to our paid Interns?
CapSpecialty is seeking an Underwriting Intern for our Environmental Department. The internship will include hands on training within the environmental underwriting team, in addition to time spent with various department leaders across the company to learn more about insurance operations, how insurance companies generate profits, claims handling, and the role of reinsurance. During the program, the intern will learn the basics of how to underwrite environmental insurance, analyze financial statements, interpret policy forms, and interact with CapSpecialty's wholesale broker partners. Additional training will encompass negotiation skills, presentation skills and decision-making skills. The intern will interact with Actuarial, Broker Engagement, Claims and Portfolio Management during their training. A formal performance evaluation will occur at the conclusion of the internship. The Underwriting Internship is designed to provide candidates with the knowledge and skills required to begin a successful underwriting career.
Duties/Responsibilities: Candidates will become immersed in the insurance principles so they may begin to understand the career in the insurance industry.Candidate will develop a basic understanding of how to evaluate a risk according to company guidelines.Candidates will apply underwriting analysis on actual accounts to support production underwriters.Candidates will learn to interact with brokers and develop relationships with those brokers.Candidates will participate in department-level and company-wide meetings.Candidates may be asked to accompany underwriting team members on a market visit.Candidates will perform other duties as needed.Supervisory Responsibilities: None.
Core Competencies: To be successful, an individual must be able to perform each essential duty satisfactorily. The requirements listed below are representative of the knowledge, skill, and/or ability required. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions.
Superior oral and written communication skills coupled with sales skills and an ability to develop relationships with internal and external customers.Proficiency in Microsoft Word and ExcelAbility to work independently, problem solve and meet deadlines while also maintaining a team-player attitude.Strong organizational skills with an attention to detail.Education and Experience: Bachelor's degree from an accredited college, or working towards completion of a Bachelor's degree.Previous office experience is helpful but not required.Physical Demands: The physical demands described here are representative of those that must be met by an employee to successfully perform the essential functions of this job. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions.
Prolonged periods of sitting at a desk and working on a computer.Ability to lift 10 lbs.May require business travel up to 15%. CapSpecialty is a leading provider of specialty insurance and bonds for small- to mid-sized businesses in the U.S., offering commercial Casualty, Professional Liability, Surety and Fidelity products in all 50 states and the District of Columbia. By working with select partners through a limited distribution model, CapSpecialty's creative, hard-working team provides personalized service and cultivates mutually successful partnerships to deliver positive results. CapSpecialty's carriers have an A ("Excellent") rating from A.M. Best, writing both admitted and non-admitted policies on the paper of Capitol Indemnity Corporation, Capitol Specialty Insurance Corporation and Platte River Insurance Company – Berkshire Hathaway companies. For more information, please visit CapSpecialty.com.
Apply today!
Equal Employment Opportunity Employer
