Client Service Intern

FM; Plymouth (MN); On-site; USD 25,000 - 34,000; Full time

Job summary

FM is seeking a summer internship focused on underwriting, engineering, and claims. The program targets building fundamental skills in rating, pricing, policy terms, and risk assessment while teaming with account managers.

Successful candidates will have strong analytical abilities, GPA 3.0+, and plans to graduate in Finance or Risk Management. This internship requires full-time availability and commuting to the assigned operation in Minnesota.

Qualifications

• Academic credentials with GPA 3.0 or above.
• Plan to graduate with a bachelor's degree in Finance, Risk Management, or related field.
• Able to work full-time during summer internship and commute to assigned operation.
• Strong analytical and problem-solving abilities with good numbers sense.
• Excellent presentation and interpersonal skills.

Responsibilities

• Provides assistance to Account Managers in underwriting details such as rating and pricing.
• Gains knowledge of underwriting guidelines and policy terms.
• Learns loss prevention concepts and utilization of risk reports.
• Supports client servicing and relationship management activities.

Education

Academic Credentials

Bachelor's degree plan

Work full-time during internship

Analytical skills

Problem solving

Negotiation

Computer skills

Presentation skills

Interpersonal skills

Attention to detail

Financial data

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

This position is accountable for developing basic underwriting and engineering skills needed for identification and assessment of risk. This skill set is used for application of underwriting standards. Individuals in this position will be exposed to underwriting, engineering, relationship management and client servicing.

• 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.