Client Service Intern

FM; Minneapolis (MN); On-site; USD 25,000 - 36,000; Full time

Job summary

FM is seeking a summer internship in Minneapolis to support underwriting, engineering and claims functions. You will assist Account Managers with rating, pricing, and policy analysis while gaining exposure to risk management concepts and loss prevention.

The program emphasizes strong analytical, presentation, and communication skills, a 3.0 GPA, and the ability to work full-time during the internship while commuting to the assigned operation.

Qualifications

• GPA 3.0 or above.
• Plan to graduate with a bachelor's degree in preferably Finance, Risk Management, or other applicable degree.
• Ability to work full-time during summer internship and commute to assigned operation.
• Outstanding analytical, problem solving, negotiation and computer skills.
• Ability to work with financial data.
• Excellent presentation and interpersonal skills.
• Attention to detail is required.

Responsibilities

• Provides assistance to Account Managers 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’s capabilities and processes.
• Learns loss prevention and control concepts, including how to read and utilize information from Risk Reports and utilize their knowledge to assist the Account Manager in exposure identification and analysis.

Education

Bachelor's degree in progress (Finance/Risk Management preferred)

GPA 3.0 or above

Analytical skills

Attention to detail

Strong presentation & interpersonal skills

Tools

Excel

Data analysis

Job description

FM 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 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 a variety of challenging roles.

Our program will focus on the day‑to‑day business handlings of our three core business functions - underwriting, engineering and claims.

Responsibilities

• Provides assistance to Account Managers 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’s capabilities and processes.
• Learns loss prevention and control concepts, including how to read and utilize information from Risk Reports and utilize their knowledge to assist the Account Manager in exposure identification and analysis.

Qualifications

• Academic Credentials (3.0 GPA or above)
• Plan to graduate with a bachelor's degree in preferably Finance, Risk Management, or other applicable degree
• Ability to work full-time during summer internship and commute to assigned operation throughout internship
• Outstanding analytical, problem solving, negotiation and computer skills
• Ability to work with financial data
• Excellent presentation and interpersonal skills
• Attention to detail is required

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