Underwriting Internship Program -Business Lines - Summer 2024

Liberty MutualSeattle, WA
Paid Internship

3 months ago

Description

Job Title

Underwriting Intern

Job Location

United States

Job Overview

Join Liberty Mutual's collaborative underwriting team as an intern and unleash your analytical skills and problem-solving abilities. As an Underwriting Intern, you will work alongside experienced underwriters to determine the viability of writing policies and assess the fair price for associated risks. This 10-to-12-week internship will provide you with valuable experience in developing a profitable commercial book of business.

Compensation

Hourly

Responsibilities

During this internship, your responsibilities will include:

  • Learning how to develop a profitable commercial book of business
  • Collaborating with experienced underwriters to assess risks and determine policy viability

Requirements

To qualify for this internship, you must:

  • Have 0-2 years of professional experience
  • Possess strong analytical, decision-making, and negotiating skills
  • Demonstrate solid interpersonal skills and a passion for customer service
  • Be willing to complete professional designations and continued insurance education post-graduation
  • Be available to work full-time for a minimum of 10-12 weeks
  • Have permanent work authorization in the United States

We're excited for you to apply!

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INSIGHTS

Understand more about this internship and other internships like this

Career Paths

People who completed this type of internship end up in the following types of jobs

Top majors

That get hired for this type of internship

  • Mathematics28%

  • Actuarial Science26%

  • Economics10%

  • Statistics5%

  • Management Science5%

  • 124 other majors24%

People who did this kind of internship end up at the following companies

  • Towers Watson
  • Mercer
  • Liberty Mutual Insurance
  • AON
  • Milliman
Typical benefits offered for paid internships

(National average offered by employers)

59.4%

offer

Relocation Assistance

Details

65.1%

offer

Housing Assistance

(avg. $2,892)

Details

43.8%

offer

Travel Stipend

(avg. $978)

Details

4.7%

offer

Tuition Reimbursement

Details

17.5%

offer

Medical Insurance

Details

25.7%

offer

401(k) Company Match

Details

49.7%

offer

Paid Holidays

Details

Average internship hourly pay

For West region

Insurance

Typical pay range:

$18.29 - $23.52

Estimated Monthly Living Expenses

For Seattle, WA | $4,692/mo

  • Housing/Rent$2,442

  • Miscellaneous$1,103

  • Food$516

  • Transportation$329

  • Utilities$302

GETTING THIS POSITION

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DID YOU KNOW:

Recruiters spend an average of six seconds on each resume?

FREQUENTLY ASKED IN INTERVIEWS

Why do you want to work here?

Employers want to see that you’ve done your homework and are excited about the company. 

Other essential interview questions:

  • Why do you want to work here?
  • Tell me about a sale you closed/lost.
  • Where do you see yourself in five years?
  • Tell me about a time when you failed and how you resolved it.
  • How do you structure a typical day?
  • Walk me through your resume.
  • Describe a time when you went above and beyond for the customer.
  • Sell me something.
  • Tell me about a time you had a conflict with a colleague. How did you handle it?
  • How do you measure success?

Learn more

You're ready for this

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