Surety Underwriting Internship (Commercial Surety)

Posted 3 Days Ago
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Norristown, PA, USA
In-Office
Internship
Insurance
The Role
Summer underwriting internship supporting the Commercial Surety team. The intern will learn underwriting fundamentals, apply concepts to actual accounts, present underwriting findings, participate in educational sessions, set and pursue goals, and complete a capstone project. The role requires analytical thinking, financial analysis interest, communication skills, independent work, and proficiency with Microsoft Office. This is a hybrid position based in Norristown, Pennsylvania, requiring full 10-week availability.
Summary Generated by Built In

At IAT Insurance Group (IAT), interns are valued members of our organization. Our internship program aims to provide meaningful, thought-provoking work to each candidate that joins the team.

Our internship program matches qualified students with the opportunity to participate in real world situations, obtain industry knowledge, receive on-the-job training, and gain career enhancing technical skills that will foster professional growth. Furthermore, our internships are designed to provide each participant the opportunity to network with subject matter experts within the industry as you work to build your professional skills.

At IAT, we believe that our diverse backgrounds, life experiences and perspectives help us make better decisions and ultimately be more successful. That's why we're making an active effort to not only recognize the importance of diversity and inclusion for our growth, but to also root a culture that encourages and embraces unique perspectives. We believe that when employees feel comfortable enough to come to work and express themselves, innovation, and productivity flourish. The bottom line is, we want all employees at IAT to feel like they belong.

Job Description

IAT Insurance Group has an opening for an Underwriting Internship within our Commercial Surety Business Unit located in our Norristown, Pennsylvania office for the summer of 2027. 

The internship is scheduled to begin on May 24th, 2027 and conclude on July 30th, 2027. Please note, IAT works on a hybrid schedule, working from the office Monday through Wednesday with the option of working remotely Thursday and Friday. 

This internship will provide you the ability to learn the basics of underwriting while helping to facilitate and improve existing work. This role will not only provide you with exposure to subject matter experts, but also provide you with in-depth knowledge of how a high functioning Underwriting department works.

Responsibilities:

  • Participate in educational sessions with the underwriting team, product and claim experts.
  • Setting individual goals and working towards achieving those goals throughout the summer.
  • Learn the basics of underwriting - apply concepts to actual accounts and present underwriting findings.
  • Organize and present a capstone project to the underwriting team and peers.
  • Perform other duties as needed.

Qualifications:

  • Rising undergraduate senior or higher pursuing a degree in Risk Management, Finance, Mathematics, Business, Economics, Accounting or related degree.
  • Ability to work out our Norristown, Pennsylvania office without any housing assistance or relocation assistance from IAT Insurance Group.
  • Must be able to complete the entirety of the 10-week internship program (May 24th, 2027 to July 30th, 2027).
  • Willingness to learn financial analysis.
  • Analytical thinking skills.
  • Problem Solver.
  • Strong Communication skills both with Technical and non-technical resources.
  • Proficient with Microsoft office.
  • Ability to work independently.
  • Above average computer skills.
  • To qualify, applicants must be authorized to work in the United States and must not require VISA sponsorship, now or in the future, for employment purposes.

All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, sexual orientation, gender identity, national origin, disability, or status as a protected veteran.  We maintain a drug-free workplace and participate in E-Verify.

Our Culture

IAT is the largest private, family-owned property and casualty insurer in the U.S. Insurance Answers Together is how we define IAT, in letter and in spirit. We work together to provide solutions for people and businesses. We collaborate internally and with our partners to provide the best possible insurance and surety options for our customers. It’s about far more than being a workplace.

At IAT, our fundamental belief is to a create a culture where all employees are heard and have a sense of belonging. Inclusion and Diversity are not just initiatives, it’s how we live. We’re committed to driving and building an open and supportive culture. By embracing the uniqueness of our employees, investing in their development, listening to, and engaging their ideas, we are stronger as an organization.

Our employees propel IAT forward – driving innovation, stable partnerships, and growth. That’s why we continue to build an engaging workplace culture to attract and retain the best talent.

#LifeAtIAT
Ever wondered what a day in the #LifeAtIAT is like as an Intern?
Check out this video from our former interns!

 

IAT Insurance Group is the largest private, family-owned property and casualty insurer in the U.S. Insurance Answers Together® is how we define IAT, in letter and in spirit. We work together to provide solutions for people and businesses. We collaborate internally and with our partners to provide the best possible insurance and surety options for our customers.


At IAT, we’re committed to driving and building an open and supportive culture for all. Our employees propel IAT forward – driving innovation, stable partnerships and growth. That’s why we continue to build an engaging workplace culture to attract and retain the best talent.


All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, sexual orientation, gender identity, national origin, disability, or status as a protected veteran.  We maintain a drug-free workplace and participate in E-Verify.

Skills Required

  • Rising undergraduate senior or higher pursuing Risk Management, Finance, Mathematics, Business, Economics, Accounting, or a related degree
  • Ability to work from the Norristown, Pennsylvania office without housing or relocation assistance
  • Availability to complete the full 10-week internship from May 24, 2027 through July 30, 2027
  • Willingness to learn financial analysis
  • Analytical thinking skills
  • Problem-solving skills
  • Strong communication skills with technical and non-technical resources
  • Proficiency with Microsoft Office
  • Ability to work independently
  • Above-average computer skills
  • Authorized to work in the United States without current or future visa sponsorship
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The Company
HQ: Raleigh, NC
934 Employees
Year Founded: 1991

What We Do

IAT Insurance Group (IAT) is a specialty insurance company headquartered in Raleigh, North Carolina, providing a wide range of property and casualty insurance products and surety bonds to meet the needs of individuals and businesses. IAT consists of eight operating divisions, each sharing the same quality standards, commitment to service and innovation, and an overall mission of excellence. As an organization, we leverage our experienced leadership, sound analytics, proven operating platforms and extensive risk capabilities across the entire enterprise to deliver specialized, sustainable solutions for our customers. With 30+ office locations, IAT has a large footprint throughout the United States. As a privately owned organization, consisting of more than 900 employees, we are able to act strategically within an ever-changing marketplace. We are large enough to make a difference in the industry but small enough to be agile and nimble. Our focus includes meeting customer needs and fostering an exceptional agent and broker network to serve clients. We strive to provide an environment where our employees feel empowered, challenged and valued. Not only does IAT Insurance provide a dynamic workplace, we also provide competitive total compensation packages and great benefits, including but not limited to medical, dental, and vision insurance, a generous time off policy, company provided life and disability insurance, a lucrative 401k company match and incentive plans.

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