Underwriting Intern

National Indemnity Company; Omaha (NE); On-site; USD 20,664 - 55,104; Part time

Benefits offered by this job

Wellness program

Employee Resource Groups

100% employer match on retirement plan

Educational Reimbursement program

Job summary

A leading insurance firm located in Omaha, NE, is seeking interns for the Underwriting Department. The role involves evaluating risk acceptability, identifying potential problems, and communicating pricing decisions. Ideal candidates are students in business or math majors, detail-oriented with strong communication skills. This internship offers valuable insights into commercial auto insurance underwriting and numerous employee benefits including health programs and educational reimbursements.

Qualifications

• Freshman, Sophomore, Junior, or Senior.
• Able to work with detail and accuracy.
• Good written communication skills.

Responsibilities

• Evaluate risk acceptability based on driver quality.
• Identify and communicate potential problems.
• Communicate pricing decisions to agents.

Skills

Detail-oriented

Excellent grammar

Written communication

Basic math knowledge

Education

Major in business, math or equivalent

Job description

Company: NICO National Indemnity Company

Want to work for a company with unrivaled 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. - 5:00 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 answering 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

Benefits, Perks and more!

We offer Employee Resource Groups for volunteering, connecting with others, social gatherings, and professional development. We also regularly seek employee 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.

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!