What are the responsibilities and job description for the 2025 Summer Intern Program- Underwriting Intern; Chicago, IL position at Westfield Specialty?
Our Summer Internship Program is a paid, ten-week program that offers students the opportunity to obtain firsthand insight into the insurance business. Every day you'll learn and develop your skills but you'll also have a clear and supportive path ahead of you. You'll gain the confidence to take on real projects, build your network and learn from senior leaders across our business. We are seeking Intern candidates to work with our Underwriting teams in our Chicago, IL office.
Program Elements Include:
- Classroom and On The Job Training
- Weekly Lunch and Learn Series with Senior Leaders
- Formal Mentor Program
- Presentations from Major Brokerage Partners
- Teambuilding and Social Activities; including Community Service Event
- Industry based Group Project
Participants in the Westfield Specialty Summer Intern Program are immersed in the day-to-day operations of a fast-moving, growing insurance company. You will gain valuable, hands-on experience and insurance industry knowledge during the 10-week program. As a summer intern you will work side-by-side with industry leaders on dynamic projects that provide ample opportunity for challenges, learning and achievement. At Westfield Specialty, we are proud to emphasize the education and development for the future leaders of the insurance industry.
For those who excel in the program, we would welcome the opportunity to discuss full-time employment opportunities at Westfield Specialty after graduation as part of our Trainee Program.
As part of our internship program you will receive:
- Targeted business training designed to help you refine your professional skills and acumen critical to the success of Westfield professionals;
- Technical training to deepen your skill level within your chosen discipline; and an understanding of the broader insurance industry;
- Access to additional training to compliment your professional development.
- Opportunity to expand your professional network with talented insurance professionals
- Assist underwriters in gathering, analyzing, and reviewing application documents.
- Perform data entry, document processing, and record-keeping related to underwriting cases.
- Analyze financial statements, credit reports, or other relevant data to assess risks.
- Work with cross-functional teams such as actuary, claims, or compliance to obtain necessary information.
- Support in preparing risk assessment reports and policy recommendations.
- Research market trends and changes in risk factors to support underwriting decisions.
- Help ensure all underwriting processes comply with company policies and industry regulations.
- Attend team meetings, participate in discussions, and offer insights or suggestions on process improvement.
- Students pursuing a Bachelor's Degree, All Majors will be considered
- Strong GPA preferred (Minimum GPA of 3.2 required)
- Strong oral and written communication skills
- Leadership experience through work or involvement in community service, athletics, clubs, or other activities preferred
- Technically adept/digitally savvy
- Ability to be onsite in office 4 days a week
This is a paid internship. Intern will be paid on an hourly basis at the rate of $25/hour.
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Westfield celebrates diversity and is committed to inclusion. All qualified applicants receive consideration for employment without regard to race, color, sex, religion, national origin, age, sexual orientation, gender identity, disability, or status as a protected veteran.
Salary : $25
