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Treaty Underwriting Intern

Sompo
Garden, NY Intern
POSTED ON 2/17/2025 CLOSED ON 3/22/2025

What are the responsibilities and job description for the Treaty Underwriting Intern position at Sompo?

We are seeking a Summer 2025 Treaty Underwriting Intern for the Reinsurance Treaty Underwriting Team in New York City, NY.

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.

What can I expect as an Intern?

On-the-job Learning

The Underwriting Intern will 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 as well as interact with departments associated with the underwriting process.

Responsibilities

  • Gain a solid understanding of the Company’s underwriting philosophy.
  • Assist in the Treaty underwriting process for new and renewal business.
  • Assist with Treaty account processing.
  • Analyze and research current and proposed accounts, assist in analyzing market trends and help prepare underwriters for both meetings and audits.
  • Participate in projects for the intern program as well as the department.
  • Examples include market analysis; line of business research; product development.
  • Accompany underwriters during internal meetings and occasional external marketing calls.
  • Assist the team with special projects.

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.

Qualifications

  • Currently enrolled in a bachelor’s or degree program studying Risk Management, Finance, or related major.
  • Interest in learning niche reinsurance contract and language skills
  • 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.
  • Strong proficiency using Microsoft Office (Excel, Word, PowerPoint)
  • Eligible candidates must be at least 18 years old and authorized to work in the United States without restriction.
  • Candidates must be local to the NYC area and/or able to provide their own housing and transportation.

Preferred Qualifications

  • Local applicants who can contribute/work part – time in the office post the completion of the summer intern program

Salary Range: $22/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.

At Sompo, we recognize that the talent, skills, and commitment of our employees drive our success. This is why we offer competitive, high-quality compensation and benefit programs to eligible employees.

Sompo is an equal opportunity employer committed to a diverse workforce. M/F/D/V

Visit our website at www.sompo-intl.com

Salary : $22

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