Summer Intern - Underwriting

What makes Admiral Insurance Group ADMIRABLE.

Since 1974, Admiral Insurance Group has been supporting business innovation and market growth through its wholesale-dedicated excess and surplus (E&S) lines of commercial insurance. We specialize in underwriting difficult-to-place moderate to high-risk commercial businesses that require creative solutions, outside of the box thinking, entrepreneurial spirit, and astute business knowledge. As a member of the W. R. Berkley Corporation, a Fortune 500 Company and one of the nation's premier commercial lines property casualty insurance providers, we have the resources, support, and industry data to provide exceptional service and exciting solutions for our clients and partners.

The Underwriting Intern will train with key team members to learn and participate in the process of underwriting and servicing renewal accounts for the development and retention of Admiral business. This is a 10-week internship. Key functions will include but are not limited to:

• This position requires strong analysis skills applied in learning the evaluation and pricing of Admiral renewal business in accordance with service standards, objectives, and following Admiral underwriting guidelines.
• The internship will also involve a collaborative group project with interns from other Admiral departments.
• Availability to work independently, both on a remote and potential on a hybrid based in-person schedule through the summer months.
• Perform ad-hoc financial analysis as needed to support our business partners.
• Learn the evaluation and pricing of Admiral renewal business in accordance with service standards, objectives, and Admiral underwriting guidelines.
• Apply strong analytical skills in learning underwriting processes and renewal account servicing.
• Participate in a collaborative group project with interns from other Admiral departments.
• Work independently on a remote and/or hybrid in-person schedule throughout the summer months.
• Perform ad-hoc financial analysis as needed to support business partners.
• Complete other duties and assignments as part of the overall internship experience.

Education

• Pursuit of a Bachelor's degree with a focus in Risk Management and Insurance, or a related program/field preferred.
• GPA of 3.0 and above required.
• Rising Junior or Senior student preferred.
• Interest in enhancing classroom learning through practical career-related work experience within the industry.

Qualifications

• Prior work experience is preferred.
• Career interest in Underwriting and Excess and Surplus Lines.
• Ability to assess priorities and manage deadlines effectively.
• Effective communication skills, both verbal and written.
• Proven attention to detail with excellent organizational skills.
• Strong research and analytical skills.
• Ability to work independently.
• Proficiency with MS Office Suite.
• The Company is an equal employment opportunity employer.

Skills

• Underwriting analysis
• Financial analysis
• Research skills
• Analytical skills
• Written communication skills
• Verbal communication skills
• Organizational skills
• Time management and prioritization
• Attention to detail
• Independent work capability
• Microsoft Office Suite proficiency

Working Conditions

• Work may be performed primarily in an office.
• Ability to occasionally lift and bend.
• May require sitting at a desk for long periods of time.
• Must be able to work on multiple assignments under moderate stress levels.
• Requires sufficient personal mobility, physical reflexes, and mental capacity to function in a general office environment and accomplish tasks.
• Ability to travel, as needed.

The above job description is not intended to be an all-inclusive list of the duties and responsibilities of the job described, nor is it intended to be such a listing of the skills and abilities required to do the job. Rather, it is intended only to describe the general nature of the job.