Reinsurance Claims Intern

Posted 3 Days Ago
Be an Early Applicant
New York, NY, USA
In-Office
20-22 Hourly
Internship
Insurance • Financial Services
The Role
Supports the reinsurance claims team by processing and triaging mail, analyzing claims data and statistics, reviewing claims setup in reinsurance systems, coordinating with underwriting support and operations teams, and assisting with projects. The 10-week internship also includes leadership development, networking, and an end-of-program presentation.
Summary Generated by Built In

Job DescriptionAre you looking for your next opportunity? Sompo has a unique opportunity for a Reinsurance Claims Intern in our Reinsurance Claims team. 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. Location: This position will be based out of our New York, NY office. We strive for collaboration, which is why we offer a work environment where our employees thrive and develop long-lasting careers. What can I expect as an Intern? On-the-job Learning Join the Global Reinsurance Team in a niche Claims type of role. Gain valuable reinsurance claims foundation experience. Reinsurance Claims team provides support of all lines of claims arising out of the US Reinsurance portfolio. 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. Our business, your impact, our opportunity: What you’ll be doing: • Gain a solid understanding of the Company’s reinsurance claims practices. • Contribute and add value to the reinsurance claims team. • Assist with processing and triaging ‘mail.’ • Assist with analyzing data and statistics. • Assist with the review of claims set-up in reinsurance systems. • Liaise with the Underwriting Support Team and Reinsurance Operations with data, systems and projects within the flow of the reinsurance process. • Assist the team with special projects. What you’ll bring: • 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 NY/CT/NJ area and/or able to provide their own housing and transportation. • Preferred: Local applicants who can contribute/work part – time in the office post the completion of the summer intern program Salary Range: $20-22. 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. Who we are and what we stand for: At Sompo, our shared purpose is to create meaningful value for clients, communities, and each other. We strive to foster a workplace where everyone feels respected, included, and empowered to excel. As a global organization, we embrace diversity and champion equal opportunity. Guided by our core values—Accountability, Agility, Collaboration, Development, and Integrity—we build trust and support one another to achieve our goals worldwide. Life at Sompo page Our values come to life in how we hire and grow talent. Employment decisions are based on qualifications, merit, and organizational need, and we strive to ensure equitable access to opportunities so everyone can do their best work. If you need an accommodation for any part of the application process, please contact the recruiter in charge.

Skills Required

  • Currently enrolled in a bachelor's degree program in Risk Management, Finance, or a related major
  • Interest in learning reinsurance contracts and terminology
  • Excellent verbal and written communication skills
  • Strong analytical, quantitative, and interpersonal skills
  • Ability to work in a fast-paced team environment with changing priorities
  • Strong proficiency using Microsoft Office, including Excel, Word, and PowerPoint
  • At least 18 years old
  • Authorized to work in the United States without restriction
  • Local to the NY, CT, or NJ area, or able to provide personal housing and transportation
  • Able to contribute or work part-time in the office after the summer internship
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The Company
20,166 Employees
Year Founded: 2017

What We Do

Sompo International is a global provider of property, casualty, specialty insurance and reinsurance, serving commercial and consumer clients. Its offerings span areas such as agriculture, professional liability, property, marine, energy, casualty and other specialty lines, alongside catastrophe and other reinsurance. The company combines global capabilities with local expertise to develop customized risk solutions, support clients and business partners, and provide coverage and service across international markets.

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