2022 Summer Commercial Lines Underwriting Intern
Our Team
Success on our team requires a blend of customer service skill and analytical prowess. There’s no shying away from challenges here. Each account we work on is complex and interesting. Satisfaction comes from finding solutions that provide the best coverage and give our partner agents a way to differentiate themselves from the competition. If you are adaptable, responsive, love customers and really want to make a difference, we want to hear from you!
Job Summary
A day in the life of an Associate Underwriter Intern might include:
● Captures information from multiple sources, account to company guidelines to support underwriting
● Review individual risks for acceptability and handles those within authority, based on company guidelines and standards.
● Completes assigned Underwriting transactions and taske within estabelised time and service standard.
● Determines necessary steps to process work. Decides to accept, reject, or modify based on level of authority
● Consults with agents and internal partners. Recommends opportunities for business development and service capabilities
● Participates in the management of business performance as part of the underwriting team.
● * Geographic location is flexible.
About You
A successful Associate Underwriting Intern at Nationwide has:
Education
● High school diploma or equivalent. Bachelor’s degree or equivalent work experience . Undergraduate studies in Insurance, Business Management, or a related field of study
● Completion of sophomore or junior year is preferred
● Involvement in student activities and/or some work experience
● 3.0 GPA or higher is desired
Skills/Competencies
· Basic business policies, practices and procedures.
· General understanding of basic analytical and financial techniques preferred.
· Gathers information from multiple sources according to company guidelines, to support proper policy entry and underwriting analysis.
· Reviews individual risks for acceptability based on company underwriting guidelines and standards within authority that is provided.
· Ensures file handling quality and workflow efficiency. This will include completing assigned underwriting transactions and tasks within established time and service standards.
· Enters policies and runs reports for the underwriting file.
· Underwrite both new and renewal business accounts and endorsements in line with the letter of authority provided.
· Works cooperatively and builds strong working relationships with territory, field, claims, sales, and other associates to share and gather information necessary to complete work.
· Strengthens agency relationships through regular contact on underwriting matters, promoting profit and new business growth, renewal retention and service capabilities.
Nationwide is an equal opportunity employer. We celebrate diversity and are committed to creating an inclusive culture where everyone feels challenged, appreciated, respected and engaged. Nationwide prohibits discrimination and harassment and affords equal employment opportunities to employees and applicants without regard to any characteristic (or classification) protected by applicable law.