Underwriting Internship (Financial Lines)

Msig USA; Chicago (IL); Hybrid; USD 29,000 - 40,000; Full time

Benefits offered by this job

Hybrid Schedule

Mentorship

Hands-on Projects

Career Growth

Job summary

MSIG USA, a US-based subsidiary of MS&AD Insurance Group, offers an Underwriting Internship in Financial Lines in Chicago. The hybrid program provides hands-on exposure to risk assessment, underwriting support for new and renewal business, and data-driven decision making.

Gain mentorship and real-world experience shaping client coverage terms. You'll develop analytical and communication skills while collaborating with claims, legal, and finance teams in a structured summer program.

Qualifications

• Pursuing a degree in Finance, Accounting, Business, or a related field.
• Strong analytical and problem-solving skills with a passion for understanding financial data.
• Excellent communication and teamwork abilities.
• Eagerness to learn and tackle challenges head-on.
• Proficiency in Microsoft Office (Excel, Word, PowerPoint).

Responsibilities

• Risk Assessment and Analysis: Assist in evaluating financial statements, credit reports, and industry trends to assess the risk profiles of potential clients.
• Underwriting Assistance: Support underwriting for new and renewal business in Financial Lines insurance, helping determine coverage terms and conditions.
• Data-Driven Decisions: Dive into reports, analyze industry data, and learn how financial insights influence underwriting strategies.
• Collaborate with Experts: Work closely with teams in claims, legal, and finance to develop a well-rounded understanding of underwriting challenges and solutions.
• Continuous Learning: Stay up-to-date with industry trends and gain the knowledge needed to build a successful career in underwriting.

Skills

Analytical skills

Problem solving

Communication skills

Teamwork

MS Office

Education

Finance/Accounting/Business degree pursuit

Job description

## Underwriting Internship (Financial Lines)Apply: Hybrid: IL-Chicago: Full time: Posted Yesterday: JR-001052MSIG USA continues to grow!**Company Overview:**MSIG USA is the US-based subsidiary of MS&AD Insurance Group Holdings, Inc., one of the world’s top P&C carriers and a global Class 15 insurer, with A+ ratings and a reach that spans 40+ countries and regions. Leveraging our 350-year heritage, MSIG USA brings the financial strength, expertise, and global footprint to offer commercial insurance solutions that address your business’s unique risks.Are you someone who loves to dive into details, analyze risks, and make informed decisions? Are you ready to gain hands-on experience in the exciting world of Financial Lines Underwriting? This is your chance to join our innovative team and discover the dynamic field of insurance underwriting! **What You’ll Do:**As an Underwriting Intern, you'll get hands-on experience and valuable exposure to a Property insurance products. You’ll be guided by industry experts, helping evaluate risk, craft policies, and make strategic decisions. **Key Responsibilities**:* Risk Assessment and Analysis: Assist in evaluating financial statements, credit reports, and industry trends to assess the risk profiles of potential clients.* Underwriting Assistance: Support underwriting for new and renewal business in Financial Lines insurance, helping determine coverage terms and conditions.* Data-Driven Decisions: Dive into reports, analyze industry data, and learn how financial insights influence underwriting strategies.* Collaborate with Experts: Work closely with teams in claims, legal, and finance to develop a well-rounded understanding of underwriting challenges and solutions.* Continuous Learning: Stay up-to-date with industry trends and gain the knowledge needed to build a successful career in underwriting. **Why Join Us?*** Real-World Experience: Apply classroom knowledge to real underwriting challenges.* Mentorship: Learn from experienced underwriters who will help you build your skills and expertise.* Exciting Projects: Work on projects that matter, contributing to underwriting decisions that shape the business.* Fun, Collaborative Environment: We value your input and believe in fostering a fun, engaging workplace where learning never stops. **Who We’re Looking For:*** Pursuing a degree in Finance, Accounting, Business, or a related field.* Strong analytical and problem-solving skills with a passion for understanding financial data.* Excellent communication and teamwork abilities.* Eagerness to learn and tackle challenges head-on.* Proficiency in Microsoft Office (Excel, Word, PowerPoint). **Program Overview/Benefits:*** **Program Dates:** June 7, 2027- August 13, 2027* **3 Day Induction:** June 7 - June 9, 2027 (location, Warren, NJ)* **Hybrid Schedule:** Minimum 4 days in the office per week* **Compensation:** Hourly rate of $25.00 It's an exciting time for our company and a great opportunity to join a financially sound and growing global insurance group!It is the policy of MSIG USA to provide equal employment opportunity (EEO) to all persons regardless of age, color, national origin, citizenship status, physical or mental disability, race, religion, creed, gender, sex, sexual orientation, gender identity and/or expression, genetic information, marital status, status with regard to public assistance, veteran status, or any other characteristic protected by federal, state or local law. In addition, MSIG USA will provide reasonable accommodations for qualified individuals with disabilities.