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Underwriting Internship Program - Global Risk Solutions - Summer 2024
10 days ago
Description
Job Title
Underwriting Intern
Job Location
United States
Job Overview
- Join the collaborative underwriting team at Liberty Mutual as an intern.
- Analyze business risks and solve problems.
- Gain experience in developing a profitable commercial book of business.
- Opportunity for future career exploration with Liberty Mutual.
Compensation
The typical starting salary range for this role is determined by factors such as skills, experience, education, certifications, and location. The full salary range reflects market value and provides opportunities for growth. Some roles may include commission and/or bonus earnings based on the compensation plan.
Responsibilities
- Focus on determining whether Liberty Mutual should write a policy for a customer.
- Determine a fair price for the risk associated with writing the policy.
- Uncover answers through underwriting analysis.
- Work under the guidance of experienced underwriters.
Requirements
- 0-2 years of professional experience.
- Pursuing a bachelor's degree with a minimum 3.0 cumulative GPA.
- Strong analytical, decision-making, and negotiating skills.
- Solid interpersonal skills and a passion for customer service.
- Willingness to complete professional designations and continued insurance education.
- Available to work full-time for 10-12 weeks.
- 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
- Actuaries
- Financial And Investment Analysts
- Statistical Assistants
- Management Analysts
- Operations Research Analysts
Top majors
That get hired for this type of internship
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)
Average internship hourly pay
For Southeast region
Insurance
Typical pay range:
$15.30 - $19.68
Estimated Monthly Living Expenses
For Atlanta, GA | $3,272/mo
GETTING THIS POSITION
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Prepare for the big interview
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DID YOU KNOW:
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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.Â
Other essential interview questions:
- Tell me a little about yourself.
- What motivates you?
- What can you bring to this role that you’re certain other applicants cannot?
- What hurdles or obstacles have you overcome?
- What would previous co-workers and managers say about you?
- If you could pick only one, which stock would you pick and why?
- How are the three main financial statements connected?
- What is EBITDA?
- Walk me through a DCF.
- If you were the Chief Financial Officer (CFO) of a Fortune 500 company, what would be your long-term concerns?
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