Underwriting Intern
Are you a driven and analytical individual looking to gain hands-on experience in the insurance industry? American International Group is seeking a dedicated Underwriting Intern to join our team and explore the world of underwriting. This internship offers a unique opportunity to work alongside our experienced underwriters, gaining practical skills and knowledge in risk assessment and analysis. If you have a strong attention to detail, excellent communication skills, and a passion for the insurance industry, we want to hear from you. Join us at AIG and kickstart your career in underwriting.
- Collaborate with experienced underwriters to learn about risk assessment and analysis techniques.
- Conduct thorough research and analysis on potential clients to determine their insurability.
- Assist in the development of underwriting policies and procedures.
- Review and evaluate insurance applications and supporting documents.
- Communicate with clients and agents to gather necessary information and clarify any questions or concerns.
- Maintain accurate and organized records of underwriting activities.
- Participate in team meetings and discussions to share insights and contribute to underwriting strategy.
- Identify and report any potential risks or discrepancies in insurance applications.
- Continuously learn and adapt to changes in the insurance industry and underwriting practices.
- Represent the company in a professional and positive manner to clients and stakeholders.
- Take on additional tasks and responsibilities as needed to support the underwriting team.
- Comply with all company policies, regulations, and ethical standards.
- Actively seek feedback and guidance from supervisors to improve skills and performance.
- Complete assigned projects and tasks within designated timelines.
- Embrace the company's values and promote a positive and inclusive work environment.
Strong Analytical Skills: As An Underwriting Intern, You Will Be Responsible For Analyzing And Assessing Risk Factors, Financial Data, And Other Information To Determine The Insurability Of Potential Clients. Therefore, Possessing Strong Analytical Skills Is A Must For This Role.
Knowledge Of Insurance Industry: A Basic Understanding Of The Insurance Industry And Its Various Products, Such As Property And Casualty, Life, And Health Insurance, Is Essential For An Underwriting Intern. This Knowledge Will Help You Better Understand The Underwriting Process And Make Informed Decisions.
Detail-Oriented Mindset: Underwriting Requires A High Level Of Attention To Detail, As Even Small Errors Can Have Significant Consequences. As An Intern, You Should Possess A Detail-Oriented Mindset To Ensure Accuracy In Data Analysis And Risk Assessment.
Strong Communication Skills: Effective Communication Is Crucial In The Underwriting Process, As You Will Be Required To Interact With Various Stakeholders, Such As Clients, Agents, And Underwriters. Strong Verbal And Written Communication Skills Are Essential For An Underwriting Intern To Convey Information Accurately And Professionally.
Ability To Work In A Team: Underwriting Is A Collaborative Process, And As An Intern, You Will Be Expected To Work Closely With Underwriters, Actuaries, And Other Team Members. Having The Ability To Work Well In A Team, Communicate Effectively, And Contribute To Team Goals Is A Valuable Qualification For This Role.
Financial Analysis
Data Analysis
Market Research
Attention to detail
Claims Management
Risk assessment
Client communication
Excel proficiency
Underwriting Guidelines
Policy Evaluation
Insurance Industry Knowledge
Communication
Conflict Resolution
Emotional Intelligence
Leadership
Time management
creativity
Critical thinking
Teamwork
Adaptability
Problem-Solving
According to JobzMall, the average salary range for a Underwriting Intern in Atlanta, GA, USA is between $35,000 and $45,000 per year. However, this can vary depending on the company, the intern's level of experience, and other factors. Some internships may also offer additional benefits or bonuses. It is important to research specific companies and their compensation packages for a more accurate estimate.
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American International Group, Inc., also known as AIG, is an American multinational finance and insurance corporation with operations in more than 80 countries and jurisdictions.
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