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Factory Mutual Insurance Company
Cleveland, OH | Intern
$60k-79k (estimate)
3 Months Ago
AFM - Summer Intern II Non-Tech
$60k-79k (estimate)
Intern | Insurance 3 Months Ago
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Factory Mutual Insurance Company is Hiring an AFM - Summer Intern II Non-Tech Near Cleveland, OH

Overview

FM Global is a leading property insurer of the world's largest businesses, providing more than one-third of FORTUNE 1000-size companies with engineering-based risk management and property insurance solutions. FM Global helps clients maintain continuity in their business operations by drawing upon state-of-the-art loss-prevention engineering and research; risk management skills and support services; tailored risk transfer capabilities; and superior financial strength. To do so, we rely on a dynamic, culturally diverse group of employees working in more than 100 countries in various challenging roles.

Our 12-week program will handle our three core business functions - underwriting, engineering and claims!

Responsibilities

This position is accountable for developing basic underwriting and engineering skills needed to identify and assess risk. These abilities are used for the application of underwriting standards. This position will expose individuals to underwriting, engineering, relationship management, and client servicing.

  • Provides assistance to Account Managers/Production Underwriters in handling underwriting details such as rating and pricing, analysis of coverages, terms and conditions, value analysis, and certificates of insurance.
  • Gains and maintains a good knowledge of the underwriting guidelines, policy terms and conditions, profitability analysis, and pricing to assist the account manager in program analysis and design.
  • Gains an understanding of FM Global and AFM’s capabilities and processes.
  • Learned loss prevention and control concepts, including how to read and apply information from Risk Reports and apply their knowledge to assist the Account Manager/Production Underwriters in exposure identification and analysis.

Qualifications

  • Academic Credentials (3.0 GPA or above)
  • Outstanding analytical, problem-solving, negotiation, and computer skills
  • Ability to work with financial data
  • Excellent presentation and interpersonal skills
  • Attention to detail is required

The hiring range for this position is $21.00 to $23.00 per hour. The final salary offer will vary based on geographic location, individual education, skills, and experience.

FM Global is an Equal Opportunity Employer and is committed to attracting, developing, and retaining a diverse workforce.

Job Summary

JOB TYPE

Intern

INDUSTRY

Insurance

SALARY

$60k-79k (estimate)

POST DATE

01/19/2024

EXPIRATION DATE

04/04/2024

HEADQUARTERS

BERWICK, ME

SIZE

3,000 - 7,500

FOUNDED

2018

REVENUE

$1B - $3B

INDUSTRY

Insurance

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