Underwriting Intern

Berkshire Hathaway Homestate Companies - Property & Casualty; Omaha (NE); On-site; USD 17,000 - 22,000; Full time

Benefits offered by this job

Onsite fitness center

Educational reimbursement

Parental leave

Wellness program

Job summary

NICO National Indemnity Company, part of the Berkshire Hathaway group, invites students to join its underwriting internship in Omaha, NE. The program provides hands-on exposure to risk evaluation, pricing decisions, and communication with agents.

Interns gain knowledge of fundamental insurance concepts and basic commercial auto underwriting. Flexible weekly hours mirror student schedules, with part-time during the school year and full-time in summer, plus access to wellness resources and

Qualifications

• Freshman–Senior pursuing a related degree.
• Knowledge of basic math is required.
• Strong written communication and attention to detail are essential.

Responsibilities

• Evaluate risk acceptability based on driver quality, loss history, and overall business operations.
• Identify and communicate potential problems to lead underwriter(s).
• Communicate pricing decisions to agents and answer questions.

Skills

Attention to detail

Math literacy

Written communication

Deadline management

Proofreading

Education

Undergraduate student (Freshman–Senior)

Major in business or math

Job description

Company

NICO National Indemnity Company

Want to work for a company with unparalleled financial strength and stability that offers large company benefits with an exciting, friendly, and small company atmosphere? Our companies, as members of the Berkshire Hathaway group of Insurance Companies, provides opportunities for professionals interested in just that.

National Indemnity Company (NICO) is one of the leading property/casualty members of the Berkshire Hathaway group of insurance companies, boasting the highest possible financial strength rating by A.M. Best. Located in Omaha, NE and backed by a wealth of experience, National Indemnity Company offers one of the widest selections of commercial insurance products in the industry and the stability that agents and insureds have depended on for decades.

Hours: Between 8:00 a.m. - 5:0 p.m.

• 15-30 hours per week during the school year depending on the applicant's schedule
• 30-40 hours per week in the summer

Duties In The Underwriting Department Include

• Evaluating risk acceptability based on driver quality, loss history, and overall business operations
• Identifying and communicating potential problems to lead underwriter(s)
• Communicating pricing decisions to agents and answer questions

During This Internship, The Student Will Gain

• Knowledge of fundamental concepts of insurance (including coverages & pricing)
• An understanding of basic commercial auto insurance underwriting

Requirements

• Freshman, Sophomore, Junior, or Senior
• Major in business, math, or equivalent
• Work with detail and accuracy
• Knowledge of basic math
• Excellent grammar, proofreading and written communication skills
• Ability to meet deadlines

We want you to be involved!

We offer Employee Resource Groups for volunteering, connecting with others, social gatherings, and professional development. We also regularly seek employees input through companywide surveys.

We care about your health and wellbeing!

Our Wellness program is integrated into the Company culture with an online wellness portal that offers a year-round, one-stop-shop to manage and track all areas of health, our Omaha office boasts a complimentary state-of-the-art onsite fitness center, and a robust wellness program.

Benefits, Perks and more!

We offer retirement and savings plan with immediate enrollment with 100% employer match up to 5%, Medical, Dental and Vision for regular, full-time employees and eligible dependents, a dedicated Learning & Development program for employees to grow personally and professionally, 100% upfront Educational Reimbursement program, subsidized downtown parking, competitive time off policies including parental leave, an Employee Assistance program and much more!