Underwriting Intern at Incourage

About the Underwriting Intern role

The Underwriting Intern will work closely with our experienced underwriting team to gain practical knowledge and hands-on experience in the insurance underwriting process. This internship is designed to provide exposure to various aspects of underwriting, risk assessment, and policy analysis.

What you will do:

• Engage in a comprehensive training program to understand the fundamentals of insurance underwriting.
• Participate in workshops, mentorship sessions, and on-the-job training to build technical and industry-specific skills.
• Assist in the analysis of insurance policies to understand coverage, terms, and conditions.
• Learn how to assess risks associated with different insurance products.
• Gain proficiency in using data analysis tools to evaluate and interpret underwriting data.
• Assist in conducting research to support underwriting decisions.
• Learn how to accurately maintain underwriting records and documentation.
• Assist in organizing and managing underwriting files.
• Shadow and learn effective communication with various stakeholders, including clients, brokers, and internal teams.
• Develop written communication skills for creating underwriting reports and correspondence.
• Work closely with the underwriting team to understand the collaborative nature of underwriting within the broader context of the insurance industry.
• Participate in team meetings and contribute to discussions.

Note: This job description outlines primary responsibilities and reflects the proactive approach expected from team members. Additional duties may be assigned as required to meet organizational needs.
Requirements for the role

• Pursuing a Bachelor’s degree in Actuarial Science, Risk Management, or a related field.
• Strong interest in the insurance industry and a desire to pursue a career in underwriting.
• Excellent analytical and problem-solving skills.
• Effective communication skills, both verbal and written.
• Detail-oriented with a high level of accuracy.
• Ability to work collaboratively in a team environment.
• Proficient in Microsoft Office Suite and Google Workspace.