Excess & Surplus (Binding) Underwriting Intern

LE0019 IAT Insurance Group, Inc

United States

Hybrid

USD 17,000 - 21,000

Full time

7 days ago
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Benefits offered by this job

Hybrid work environment
Mentorship program
Educational assistance program
Healthcare and wellness programs

Job summary

IAT Insurance Group is seeking an Excess & Surplus (Binding) Intern for the summer of 2027 in Scottsdale, Arizona. The program blends office-based work with remote days, offering hands-on underwriting exposure, team collaboration, and real-world project experience.

Eligibility includes rising juniors or seniors, authorization to work in the United States, and the ability to commit May 24–July 30, 2027. Training, mentorship, and networking with industry experts are provided.

Qualifications

  • Must be an undergraduate rising junior or senior and authorized to work in the United States.
  • Basic spreadsheet skills and knowledge of Microsoft Suite.
  • Strong communication skills with both technical and non-technical resources.
  • Willingness to learn and ability to work independently.

Responsibilities

  • Learn underwriting functions and the Commercial Property and Casualty business.
  • Examine applications, reports, and third-party data to assist underwriters.
  • Assist with rating of accounts and participate in team meetings.
  • Shadow underwriters and support with special projects as needed.

Skills

Analytical thinking
Problem solving
Excel
Microsoft Office
Strong communication
Independent work
Willingness to learn

Education

Business major / Risk Management & Insurance / Finance / Mathematics

Tools

Excel

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!

Benefits

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

EEO & Diversity Statement

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.

Other Policies

We maintain a drug-free workplace and participate in E-Verify.

Company Overview (Repeated)

IAT 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.

IAT 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.

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