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Commercial Property Intern

Sompo
Chicago, IL Intern
POSTED ON 1/21/2025 CLOSED ON 2/5/2025

What are the responsibilities and job description for the Commercial Property Intern position at Sompo?

We are seeking a Summer 2025 Underwriting Intern for US Commercial Property Group in Chicago, IL.

The Internship Program is a 10-week development initiative designed to provide professional growth with potential long-term opportunity for successful individuals interested in the Insurance/Reinsurance industry.

Underwriting Interns work alongside the most experienced underwriters in the industry to gain in-depth knowledge of our business units and underwriting philosophy through on-the-job learning, workplace mentoring.

What can I expect as an Intern?

On-the-job Learning

Insurance requires a high degree of experience and expertise – something you can’t learn in the classroom. Sompo interns are immersed in the day-to-day activities of their team, assisting Underwriters in exposure analysis and operational analysis of insureds, compiling a competitor analysis from a publicly available database, working with Underwriting Assistants in developing renewal lists, contacting brokers for submissions, and accompany underwriters during internal meetings and occasional external marketing calls.

Activities, Learning and Development

Throughout the program, Interns will have the opportunity to hear from executive leaders, participate in structured, engaging leadership learnings, participate in networking events and activities with peers, members of our Executive team and outside brokerage firms, and be part of a project to present to their manager and mentor.

What will I need to be as an Intern?

Qualifications

Currently enrolled in a bachelor’s degree program with a minimum GPA of 3.0

Excellent verbal and written communication skills

Strong analytical and quantitative and interpersonal skills

Ability to work in a fast-paced team environment with rapidly changing priorities and demands. Ability to collaborate an absolute must

Strong proficiency using Microsoft Office (Excel, Word, PowerPoint); ability to analyze, consolidate and summarize findings in a PowerPoint presentation

Local to the desired office location or able to secure housing and transportation in the area

Eligible candidates must be at least 18 years old and authorized to work in the United States without restriction

Salary Range: $20/hr Actual compensation for this role will depend on several factors including the cost of living associated with your work location, your qualifications, skills, competencies, and relevant experience.

In today’s world, what do we stand for?

Ethics and integrity are the foundation of delivering on our commitment to you. We believe that core values drive success, and that when relationships are held in the highest regard, there is nothing that cannot be accomplished. At Sompo, our ring is more than a logo, it is a symbol of our promise.

Sompo is an equal opportunity employer and we intentionally value inclusion and diversity. Above all, we want you to work in an environment that respects everyone’s unique contributions – we are passionately committed to equal opportunities. We do not discriminate based on race, color, religion, sex orientation, national origin, or age.

Salary : $20

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