Reinsurance Professional Lines Underwriting Intern

Sompo; New York (NY); On-site; USD 28,000 - 30,000; Full time

Job summary

SompoRe in New York, NY is offering a 10-week Reinsurance Underwriting Intern program on our Professional Lines team. The internship provides on-the-job learning, mentoring, leadership sessions, and a capstone project presentation to management.

You will gain exposure to underwriting philosophy, assist with new and renewal business, analyze accounts, and participate in market research and product development initiatives.

Qualifications

• Currently enrolled in a bachelor’s 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, quantitative, and interpersonal skills.
• Ability to work in a fast-paced team environment with changing priorities.
• Strong proficiency using Microsoft Office (Excel, Word, PowerPoint).
• Eligible to work in the United States without restriction (18+).
• Local to NYC area or able to provide housing/transportation.

Responsibilities

• Gain solid understanding of the Company’s underwriting philosophy.
• Assist in underwriting process for new and renewal business.
• Assist with account processing.
• Analyze and research current and proposed accounts; assist in market trend analysis and prepare underwriters for meetings and audits.
• Participate in intern program projects and department initiatives.
• Contribute to market analysis, line of business research, and 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

MS Office

Teamwork

Adaptability

Education

Bachelor's degree in Risk Management/Finance or related

Tools

Microsoft Office

Job description

Are you looking for your next opportunity? SompoRe has a unique opportunity for a

Are you looking for your next opportunity? SompoRe has a unique opportunity for a Reinsurance Underwriting Intern on our Professional Lines team.
The Internship Program is a 10-week development initiative designed to provide professional growth with potential long-term opportunity for successful individuals interested in the Insurance/Reinsurance industry.
Location: This position will be based out of our New York, NY office. We strive for collaboration, which is why we offer a work environment where our employees thrive and develop long-lasting careers.

What can I expect as an Intern?

The Underwriting Intern will work alongside the most experienced underwriters in the industry to gain in-depth knowledge of our business units and underwriting philosophy through on-the-job learning, workplace mentoring as well as interact with departments associated with the underwriting process.

On-the-job Learning

Throughout the program, Interns will have the opportunity to hear from executive leaders, participate in structured, engaging leadership learnings, participate in networking events and activities with peers, members of our Executive team and outside brokerage firms, and be part of a project to present to their manager and mentor.

Our Business, Your Impact, Our Opportunity

What you’ll be doing:

• 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.

What You’ll Bring

• 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.

Salary Range: $20/hr. - $22/hr. Actual compensation for this role will depend on several factors including the cost of living associated with your work location, your qualifications, skills, competencies, and relevant experience.

Who We Are And What We Stand For

At Sompo, our shared purpose is to create meaningful value for clients, communities, and each other. We strive to foster a workplace where everyone feels respected, included, and empowered to excel. As a global organization, we embrace diversity and champion equal opportunity. Guided by our core values—Accountability, Agility, Collaboration, Development, and Integrity—we build trust and support one another to achieve our goals worldwide. Life at Sompo page

Our values come to life in how we hire and grow talent. Employment decisions are based on qualifications, merit, and organizational need, and we strive to ensure equitable access to opportunities so everyone can do their best work. If you need an accommodation for any part of the application process, please contact the recruiter in charge.