Summer Intern - Underwriting

Admiral Insurance Group (a Berkley Company); Austin (TX); Hybrid; USD 21,000 - 30,000; Part time

Job summary

Admiral Insurance Group invites applications for a 10-week Summer Underwriting Intern program in Austin, TX. You will learn the underwriting process, assist with renewal accounts, and develop analytical and pricing skills under supervision.

The internship offers a remote or hybrid schedule, exposure to Excess and Surplus Lines, and collaboration with experienced teams to support business growth this summer.

Qualifications

• Pursuit of a Bachelor's degree with a focus in Risk Management and Insurance.
• GPA of 3.0 and above.
• Rising Junior or Senior student preferred.
• Interest in underwriting and Excess and Surplus Lines.
• Strong communication and analytical abilities.
• Ability to work independently.
• Proficiency with MS Office Suite.

Responsibilities

• Learn evaluation and pricing of renewal business in accordance with Admiral guidelines.
• Apply analytical skills in learning underwriting processes and renewal servicing.
• Participate in a collaborative group project with interns from other Admiral departments.
• Work independently on a remote and/or hybrid in-person schedule throughout the summer months.
• Perform ad-hoc financial analysis to support business partners.
• Complete other duties and assignments as part of the internship experience.

Skills

Analytical skills

Communication skills

Attention to detail

Research skills

Independence / self-motivation

MS Office Suite

Time management

Prior work experience

Education

Bachelor's degree focus in Risk Management and Insurance

GPA 3.0+

Rising Junior or Senior

Job description

"Supporting business innovation through specialty insurance solutions"

Since 1974, Admiral Insurance Group has been supporting business innovation and market growth through its wholesale-dedicated excess and surplus (E&S) lines of commercial insurance. We specialize in underwriting difficult-to-place moderate to high-risk commercial businesses that require creative solutions, outside of the box thinking, entrepreneurial spirit, and astute business knowledge. As a member of the W. R. Berkley Corporation, a Fortune 500 Company and one of the nation’s premier commercial lines property casualty insurance providers, we have the resources, support, and industry data to provide exceptional service and exciting solutions for our clients and partners.

The Company is an equal employment opportunity employer.

The Summer Underwriting Intern will participate in a 10-week program, working with key team members to learn the underwriting process and support servicing of renewal accounts for the development and retention of Admiral business. Key functions will include but are not limited to:

• Learn the evaluation and pricing of Admiral renewal business in accordance with service standards, objectives, and Admiral underwriting guidelines.
• Apply strong analytical skills in learning underwriting processes and renewal account servicing.
• Participate in a collaborative group project with interns from other Admiral departments.
• Work independently on a remote and/or hybrid in-person schedule throughout the summer months.
• Perform ad-hoc financial analysis as needed to support business partners.
• Complete other duties and assignments as part of the overall internship experience.

Qualifications:

• Prior work experience is preferred.
• Career interest in Underwriting and Excess and Surplus Lines.
• Ability to assess priorities and manage deadlines effectively.
• Effective communication skills, both verbal and written.
• Proven attention to detail with excellent organizational skills.
• Strong research and analytical skills.
• Ability to work independently.
• Proficiency with MS Office Suite.

Education Requirement

• Pursuit of a Bachelor’s degree with a focus in Risk Management and Insurance, or a related program/field preferred.
• GPA of 3.0 and above required.
• Rising Junior or Senior student preferred.
• Interest in enhancing classroom learning through practical career-related work experience within the industry.