Underwriting Intern
INCOURAGE INSURANCE AGENCY LIMITED
Accounting, Auditing & Finance
Job Summary
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.
- Minimum Qualification : Bachelors
- Experience Level : Internship & Graduate
Job Description/Requirements
Duration: 3 months (paid internship)
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 Finance, Business, 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.
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