Underwriting Analyst - Intern

Location:  Chicago, IL

Job Type:  9-Week Program

Hourly Range:  $27.00 - $28.00 

Remote Work:  Hybrid, Minimum 3 Days in the office

Job Description

The Underwriting Analyst - Intern at Old Republic Professional will work closely with their direct manager and a team of experienced underwriters to master the necessary knowledge to conduct risk evaluations of U.S. companies from all industry classes. The Analyst will address all topics that impact Management Liability insurance, including assessing each company’s financial health, historical performance, operational complexities, exposure to litigation, strategic plans, ownership structure, executive leadership, governance, and emerging risks. Additionally, the Analyst will focus on evaluating a breadth of insurance coverage. The Analyst will learn to develop and present risk evaluations, pricing, and coverage recommendations to senior staff in order to assess risk acceptability. By demonstrating strong analytical skills and a deep understanding of risk assessment, the Analyst will begin to acquire the necessary skills and experience for a career in underwriting.

Job Requirements

Pursuing a bachelor's degree.  Minimum of 2 years of undergraduate work completed.

Preferred majors: Risk Management, Business, Finance, or Accounting.

Our desired candidate will also possess the following characteristics:

• Self-starter that enjoys working within a team, learning from others, sharing ideas openly and regularly
• Strong organizations skills, with the ability to manage multiple assignments
• Maintains a high degree of curiosity and desire to learn continuously
• Possesses exceptional verbal and written interpersonal skills
• Possesses an analytical mind with ability to use critical thinking, professional skepticism and well-reasoned arguments to question norms and differentiate between immaterial technicalities and material facts
• Consistently displays keen attention to detail

About Us

Old Republic Professional (ORPRO™), established in December 1983, is a subsidiary of Old Republic International Corporation (NYSE: ORI), one of the nation’s 50 largest shareholder-owned insurance businesses and a member of the Fortune 500 listing of America’s largest companies. Old Republic Professional has provided Directors and Officers liability insurance and Lawyers Professional liability insurance for more than 35 years and now offers a wide array of management liability and professional liability products across an expanding national footprint in the U.S.

Culture

Work-life balance is highly valued; work culture is collaborative; colleagues are professional, passionate, open-minded, and entrepreneurial. We offer competitive wages, an excellent benefits package, and a friendly, team-oriented environment, and we encourage and reward the professional growth of our employees. Full-time employee benefits include BCBS medical, FSA/HSA accounts, long-term disability, dental, vision, Employee Assistance Program, Paid Leave of Absence Benefits, 401(k) Savings and Profit-Sharing Plan, 529 Education Savings Plan, Gym Network 360 membership savings on fitness, nutrition and wellness programs, monthly commuting reimbursement, and tuition reimbursement for qualified job-related educational expenses.

Equal Employment Opportunity

Old Republic Professional provides equal employment opportunities to all employees and applicants for employment and prohibits discrimination and harassment of any type without regard to race, color, religion, age, sex, national origin, disability status, genetics, protected veteran status, sexual orientation, gender identity or expression, or any other characteristic protected by federal, state, or local laws. 

This policy applies to all terms and conditions of employment, including recruiting, hiring, placement, promotion, termination, layoff, recall, transfer, leaves of absence, compensation, and training.