Excess & Surplus (Binding) Underwriting Intern

Accreditation Council for Graduate Medical Education; Scottsdale (AZ); On-site; USD 7,000 - 11,000; Full time

Benefits offered by this job

Hybrid work schedule

Mentorship opportunity

Educational assistance

Job summary

IAT Insurance Group has an opening for an Excess & Surplus (Binding) Intern at our Scottsdale, AZ office for the summer 2027. The internship runs May 24 to July 30, 2027, with a hybrid schedule—office Mondays-Wednesdays and remote Thursdays-Friday.

This internship offers real-world underwriting exposure, on-the-job training, industry knowledge, and opportunities to network with subject matter experts, fostering professional growth and career skills.

Qualifications

• Rising undergraduate junior or senior in good standing.
• Ability to work in Scottsdale, AZ office without relocation assistance.
• Must complete the full 10-week internship (May 24, 2027 – July 30, 2027).
• Analytical thinking and problem-solving required.
• Proficient with Microsoft Office (Excel, Word, PowerPoint).
• Strong communication with technical and non-technical resources needed.
• Willingness to learn and work independently.
• Authorized to work in the United States without visa sponsorship now or in the future.

Responsibilities

• Learn underwriting fundamentals.
• Learn about Commercial Property and Casualty business.
• Review applications, reports, and data to assist underwriters.
• Assist with rating of accounts
• Participate in team meetings
• Shadow underwriters
• Perform special projects as needed

Skills

Analytical thinking

Problem solving

Spreadsheet skills

MS Office

Communication skills

Independence

Willingness to learn

US work authorization

Education

Rising undergraduate junior or senior

Job description

At IAT Insurance Group (IAT), interns are valued members of our organization. Our internship program aims to provide meaningful, thought-provoking work to each candidate that joins the team.

Our internship program matches qualified students with the opportunity to participate in real world situations, obtain industry knowledge, receive on-the-job training, and gain career enhancing technical skills that will foster professional growth. Furthermore, our internships are designed to provide each participant the opportunity to network with subject matter experts within the industry as you work to build your professional skills.

At IAT, we believe that our diverse backgrounds, life experiences and perspectives help us make better decisions and ultimately be more successful.

That's why we're making an active effort to not only recognize the importance of diversity and inclusion for our growth, but to also root a culture that encourages and embraces unique perspectives. We believe that when employees feel comfortable enough to come to work and express themselves, innovation, and productivity flourish. The bottom line is, we want all employees at IAT to feel like they belong.

Job Description

IAT Insurance Group has an opening for an Excess & Surplus (Binding) Intern within our Excess & Surplus Business Unit in our Scottsdale, Arizona office location for the summer of 2027.

The internship is scheduled to begin on May 24th, 2027 and conclude on July 30th, 2027. Please note, IAT works on a hybrid schedule, working from the office Monday through Wednesday with the option of working remotely Thursday and Friday.

Responsibilities:

• Learn underwriting functions
• Learn about the Commercial Property and Casualty Business
• Examines information such as insurance applications, websites, inspection reports, loss information, and third-party data in evaluating and making appropriate recommendations to underwriters
• Assist with rating of accounts
• Participate in team meetings
• Shadow Underwriters
• Perform special projects as needed

Qualifications:

Must Have:

• Rising undergraduate junior or senior
• Ability to work out of our Scottsdale, Arizona office without housing assistance or relocation assistance from IAT Insurance Group
• Must be able to complete the entirety of the 10-week internship program (May 24th, 2027 to July 30th, 2027)
• Analytical thinking skills
• Problem Solver
• Basic spreadsheet skills and knowledge of Microsoft Suite of Products (Excel, Word, Powerpoint, etc.)
• Strong communication skills both with Technical and non-technical resources
• Willingness to learn
• Ability to work independently
• To qualify, applicants must be authorized to work in the United States and must not require VISA sponsorship, now or in the future, for employment purposes.

Preferred to Have:

• Risk Management & Insurance, Finance, Mathematics, or Business major

#LifeAtIAT

Ever wondered what a day in the #LifeAtIAT is like as an Intern? Check out this video from our former interns!

IAT Insurance Group is the largest private, family-owned property and casualty insurer in the U.S. Insurance Answers Together® is how we define IAT, in letter and in spirit. We work together to provide solutions for people and businesses. We collaborate internally and with our partners to provide the best possible insurance and surety options for our customers.

At IAT, we're committed to driving and building an open and supportive culture for all. Our employees propel IAT forward - driving innovation, stable partnerships and growth. That's why we continue to build an engaging workplace culture to attract and retain the best talent.

We offer comprehensive benefits (Full Time Employees Eligible)

• 26 PTO Days (Entry Level) + 12 Company Holidays = 38 Paid Days Off
• 7% 401(k) Company Match and additional Profit Sharing
• Hybrid work environment
• Numerous training and development opportunities to assist you in furthering your career
• Healthcare and Wellness Programs
• Opportunity to earn performance-based bonuses
• College Loan Assistance Support Plan
• Educational Assistance Program
• Mentorship Program
• Dress for Your Day Policy

All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, sexual orientation, gender identity, national origin, disability, or status as a protected veteran. We maintain a drug-free workplace and participate in E-Verify.