Job Title: Surety Bond Underwriting Intern
Location: West Des Moines, IA
Terms: 12 weeks, full-time, flexible 37.5 hours/week, in-office
Pay: $24/hour
Start Date: Monday, May 24th, 2027 (can be flexible)
End Date: Friday, August 13th, 2027 (can be flexible)
Are you passionate about analyzing numbers but looking for a role that offers more than just desk work? Join Merchants Bonding Company as our Summer 2027 Surety Bond Underwriting Intern! In this role, you'll combine financial analysis with client interaction, contributing to impactful underwriting projects. Gain hands-on experience in the growing field of surety bonds while building valuable relationships and honing your skills in both analysis and communication.
About Us:
At Merchants Bonding, we have a positive and collaborative environment where your ideas are valued, and your growth is prioritized. We work hard to deliver first-class experiences in all our relationships. Our commitment to innovation and building trust secured our spot among the top 10 surety companies in the country. Surety bonds are a vital part of industries like insurance, finance, and construction, where reliable business transactions are essential to protect all parties involved.
Curious to learn more? Visit our website and social media to explore the perks and opportunities at Merchants.
The Internship Experience:
Our summer internship program offers a blend of professional development, cross-departmental learning, community service projects, and relationship-building opportunities. You'll work closely with your peers and experienced underwriters on significant business projects, gaining hands-on insight in a vibrant, supportive setting that fosters both personal and professional growth.
What You'll Do:
- Underwriting Case Evaluations: Support the evaluation and recommendation of underwriting cases involving significant financial amounts.
- Financial Analysis: Analyze financial statements and other data for prequalification of bond submissions.
- Client Relationship Development: Develop relationship-building skills through client-facing activities and interactions.
- Surety & Risk: Gain a foundational understanding of the surety bond industry and risk analysis.
- Process Improvement: Assist in creating training materials and suggest process improvements.
- Technology Integration: Utilize advanced technology in the underwriting process.
Competencies You'll Use:
- Resourcefulness: Demonstrate initiative in gathering information, learning, and improving processes.
- Financial Acumen: Apply financial principles and analytical skills to interpret data and identify trends.
- Builds Internal Relationships: Build trust through teamwork, collaboration, and active engagement.
- Communicates Effectively: Communicate clearly and adapt to different audiences in both written and verbal forms.
- Time Management & Organization: Prioritize and manage tasks effectively while collaborating for optimal efficiency.
- Professionalism: Maintain integrity, respect, and excellence in all interactions and work environments.
What Sets You Apart:
- Strong Academic Performance and Relevant Coursework: A proven commitment to excellence through your academic achievements, including coursework relevant to the role, such as Principles of Finance & Accounting.
- Previous Work Experience: Work experience, in a corporate environment or not, that showcases your skills and work ethic.
- Involvement in Extracurricular Activities: Participation in campus organizations or other activities that demonstrate your teamwork, leadership, time management, and passions.
- Leadership and Initiative: Roles or projects where you’ve taken on leadership responsibilities, demonstrated creativity, and proactively addressed challenges.
- Professional Development: Additional training, certifications, or workshops that enhance your qualifications.
- Volunteer Experience: Participation in volunteer opportunities that highlight your ability to collaborate with diverse teams and contribute to community-focused goals.
Take the first step in your career journey—send your resume to [email protected] or visit our careers page at www.merchantsbonding.com.
Skills Required
- Strong academic performance and relevant coursework, including Principles of Finance and Accounting
- Previous work experience demonstrating skills and work ethic
- Involvement in extracurricular activities demonstrating teamwork, leadership, time management, and interests
- Leadership experience and initiative in projects or activities
- Professional development, training, certifications, or workshops enhancing qualifications
- Volunteer experience demonstrating collaboration with diverse teams and community contribution
What We Do
Established in 1933, Merchants Bonding Company is a national leader specializing in contract and commercial surety bonds. The company is distinguished by its 'common sense underwriting' approach and first-class customer service, maintaining an 'A' (Excellent) rating or higher from AM Best since 1958. With nearly a century of experience, Merchants focuses exclusively on surety to provide reliable financial security and construction assurance for its clients.
