On-Site Reinsurance Surety Underwriting Intern

Sompo Holdings, Inc.; Morristown (NJ); On-site; USD 28,000 - 30,000; Full time

Job summary

SompoRe in Morristown, NJ is offering a 10-week Reinsurance Underwriting Intern position on our Surety team. This on-site internship provides hands-on learning, mentoring, and exposure to underwriting processes, market analysis, and project work.

You will work with experienced underwriters and participate in executive leadership activities and networking events. The program emphasizes gaining insights into underwriting philosophy, account processing, and market trends, with opportunities to

Qualifications

• Currently enrolled in a bachelor’s or degree program studying Risk Management, Finance, or related major.
• Interest in learning reinsurance contract and language skills
• Excellent verbal and written communication skills
• Strong analytical and quantitative and interpersonal skills
• Ability to work in a fast-paced team environment with rapidly changing priorities and demands.
• Strong proficiency using Microsoft Office (Excel, Word, PowerPoint)
• Eligible candidates must be at least 18 years old and authorized to work in the United States without restriction.
• Candidates must be local to the NYC area and/or able to provide their own housing and transportation.

Responsibilities

• Gain a solid understanding of the Company’s underwriting philosophy.
• Assist in the underwriting process for new and renewal business.
• Assist with account processing.
• Analyze and research current and proposed accounts, assist in analyzing market trends and help prepare underwriters for both meetings and audits.
• Participate in projects for the intern program as well as the department.
• Examples include market analysis; line of business research; product development.
• Accompany underwriters during internal meetings and occasional external marketing calls.
• Assist the team with special projects.

Skills

Verbal communication

Written communication

Analytical skills

Interpersonal skills

Microsoft Excel

PowerPoint

MS Office

Education

Bachelor’s degree in Risk Management, Finance, or related major

Tools

Microsoft Office Suite

Job description

SompoRe in Morristown, NJ is offering a 10-week Reinsurance Underwriting Intern position on our Surety team. This on-site internship provides hands-on learning, mentoring, and exposure to underwriting processes, market analysis, and project work.

You will work with experienced underwriters and participate in executive leadership activities and networking events. The program emphasizes gaining insights into underwriting philosophy, account processing, and market trends, with opportunities to