Internship | Management Liability Underwriting

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 intern the opportunity to network with subject matter experts within the industry as you work to build your professional skills.

Job Description: IAT Insurance Group has an opening for an Underwriting Internship within our Management Liability Business Unit that can be in our Norristown, Pennsylvania or Newark, New Jersey location for the summer of 2024. This role is ideal for individuals interested in a long-term career within the insurance industry. 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. The anticipated start date for this internship is May 28th, 2024. Please note, IAT works on a hybrid schedule, working from the office Monday through Wednesday with the option of working remotely Thursday and Friday.   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: Must have:

• Rising undergraduate junior or senior
• Ability and willingness to travel to other IAT offices
• 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.

      Preferred to Have:

• Risk Management & Insurance, Business, Finance, or related major

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. We’re a work family.

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.

Come join the IAT family!

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. We’re a work family.

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