Underwriting Intern

Posted 14 Days Ago
Be an Early Applicant
2 Locations
In-Office
Internship
Insurance • Financial Services
The Role
As a Property Underwriting Intern, you will assist underwriters in evaluating applications, conducting property research, and preparing reports while gaining hands-on experience in the insurance field.
Summary Generated by Built In

MSIG USA continues to grow! 

Company Overview:

MSIG USA is the US-based subsidiary of MS&AD Insurance Group Holdings, Inc., one of the world’s top P&C carriers and a global Class 15 insurer, with A+ ratings and a reach that spans 40+ countries and regions. Leveraging our 350-year heritage, MSIG USA brings the financial strength, expertise, and global footprint to offer commercial insurance solutions that address your business’s unique risks.

MSIG USA is a leading property and casualty insurance company committed to providing exceptional coverage and personalized service to our clients. As part of our commitment to nurturing talent and fostering future leaders in the insurance industry, we are excited to offer a dynamic internship opportunity in property underwriting.

Position Overview: As a Property Underwriting Intern, you will have the opportunity to gain valuable hands-on experience in the field of property and casualty insurance underwriting. You will work closely with our seasoned underwriters to learn about risk assessment, policy analysis, and decision-making processes.

Responsibilities:

  • Assist underwriters in evaluating property insurance applications, including gathering and analyzing relevant data.

  • Conduct research on various properties and assess potential risks associated with insuring them.

  • Assist in the preparation of underwriting reports and recommendations.

  • Collaborate with other team members to review policy documents and ensure accuracy and compliance with company guidelines.

  • Participate in underwriting meetings and discussions to gain insight into the decision-making process.

  • Provide support in handling inquiries from clients, brokers, and other stakeholders.

  • Assist with special projects and initiatives as assigned by the underwriting team.

Qualifications:

  • Currently enrolled in a bachelor’s degree program, preferably in insurance, risk management, finance, or a related field.

  • Strong analytical skills with the ability to interpret data and make informed decisions.

  • Excellent communication and interpersonal skills, with the ability to work effectively in a team environment.

  • Detail-oriented with a high level of accuracy in work.

  • Proficient in Microsoft Office applications, particularly Excel and Word.

  • Prior internship or work experience in insurance, underwriting, or related fields is a plus but not required.

  • Benefits:

  • Hands-on experience in property and casualty insurance underwriting.

  • Exposure to real-world underwriting scenarios and decision-making processes.

  • Mentorship and guidance from experienced underwriters.

  • Networking opportunities with industry professionals.

  • Competitive compensation package.

It's an exciting time for our company and a great opportunity to join a financially sound and growing global insurance group!  

It is the policy of MSIG USA to provide equal employment opportunity (EEO) to all persons regardless of age, color, national origin, citizenship status, physical or mental disability, race, religion, creed, gender, sex, sexual orientation, gender identity and/or expression, genetic information, marital status, status with regard to public assistance, veteran status, or any other characteristic protected by federal, state or local law. In addition, MSIG USA will provide reasonable accommodations for qualified individuals with disabilities.

Top Skills

Excel
MS Office
Word
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The Company
New York, New York
644 Employees

What We Do

MSIG USA is the partner that businesses rely on for creative, customized insurance solutions. Owned by a global P&C carrier with an A+ rating and a 300-year heritage, MSIG USA helps protect leading businesses across a wide range of industries. The company’s financial strength and deep capacity enable it to cover a wide range of risks and deliver responsive, personalized service through a nationwide team. MSIG USA is admitted in all P&C lines in all 50 states, the District of Columbia, and Puerto Rico.

MSIG USA is the marketing name used to refer to certain underwriting subsidiaries of MSIG Holdings (U.S.A.), Inc. (“MSIGH”), and its subsidiary companies. U.S. Companies Only: MSIG insurers are subsidiaries of Mitsui Sumitomo Insurance Company, Limited, a member of MS & AD Insurance Group. MSIG refers to the insurers underwriting coverage: Mitsui Sumitomo Insurance Company of America, Mitsui Sumitomo Insurance USA Inc. and MSIG Specialty Insurance USA Inc

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