Property & Casualty Retail Underwriting Internship (Summer 2023)

Company: Zurich Insurance Company Ltd.
Location: Olathe
Posted on: August 3, 2022

Job Description:

Zurich is currently looking for a Property & Casualty Retail Underwriting Intern to work out of our Direct Markets Business in our Overland Park, KS office. Direct Markets offers a wide range of solutions designed to meet the changing risks and profitability needs of franchise auto, motorcycle, Powersports, and RV dealerships through our direct sales force and select agents. Our business was started by a group of auto dealers in 1922, and our customers have been closely involved in developing our products for more than 90 years. We provide the Unicover VII policy, which is a copywritten package garage policy, to all of our target market risks. We also offer other brokered products through our in-house agency. Our F&I products are sold to retail customers of auto and motorcycle dealers. This intern will work under immediate supervision and perform requested tasks alongside underwriting professionals who perform these roles. Generally, this position is part of a summer program with an assigned mentor. What this opportunity offers:

• Compare property information on the current policy with information on value 360 reports and identify discrepancies
• Review historical loss/premium information
• Renewal Book of Business
• Strategic growth initiatives
• LP process enhancements including value proposition improvements.
• Preparing for policy system innovations.
• Become familiar with using CYA reports, identifying loss trends, and how to help reshape that line of business
• Learn basic property underwriting fundamentals as well as property exposures and guidelines
• Understanding our overall underwriting strategy
• Job shadow with an assigned mentor to learn key underwriting concepts and procedures. Other development opportunities:
  • Customer Visits (Depending on Covid-19 rules)
  • Zurich Way of Underwriting
  • Basic Insurance Knowledge
  • Risk Analysis techniques
  • Teamwork and Collaboration
  • Power skills (Empathy, Critical Thinking, etc.) Basic Qualifications:
    • Actively pursuing a bachelor's degree from an accredited college
    • Currently enrolled in a bachelor's program and will be enrolled in the fall of 2023
    • Two or more years of college coursework (should be a rising Junior or Senior)
    • Be legally eligible to work in the U.S indefinitely Preferred Qualifications:
      • Pursuing a bachelor's degree in Risk Management, Insurance, Finance, Mathematics, Economics, or related Business field
        • Minimum cumulative current grade point average of 3.0 (current could mean last semester GPA)
        • Microsoft Suite of products including TEAMs
        • Business Objects Enterprise
        • Business Unit specific tools used in Underwriting and rating policies
        • Strong verbal and written communication skills
        • Problem-solving skills in a customer-focused environment
        • Self-motivated and able to work independently
        • Strong interest in the insurance industry As a condition of employment at Zurich, employees must adhere to our COVID-related health and safety protocols ( ), including, without limitation, a requirement that employees attest as to their vaccination status with a YES/NO, and upload proof of vaccination status, or a negative COVID test result when applicable, to a third-party vendor. These protocols are continuously re-evaluated and the requirements may change at any time. A future with Zurich. What can go right when you apply at Zurich? Now is the time to move forward and make a difference. At Zurich, we want you to share your unique perspectives, experiences and ideas so we can grow and drive sustainable change together. As part of a leading global organization, Zurich North America has over 150 years of experience managing risk and supporting resilience. Today, Zurich North America is a leading provider of commercial property-casualty insurance solutions and a wide range of risk management products and services for businesses and individuals. We serve more than 25 industries, from agriculture to technology, and we insure 90% of the Fortune 500 -. Our growth strategy is not limited to our business. As an employer, we strive to provide ongoing career development opportunities, and we foster an environment where voices are diverse, behaviors are inclusive, actions drive equity, and our people feel a sense of belonging. Be a part of the next evolution of the insurance industry. Join us in building a brighter future for our colleagues, our customers and the communities we serve. Zurich maintains a comprehensive employee benefits package for employees as well as eligible dependents and competitive compensation. Please click here to learn more. As a global company, Zurich recognizes the diversity of our workforce as an asset. We recruit talented people from a variety of backgrounds with unique perspectives that are truly welcome here. Taken together, diversity and inclusion bring us closer to our common goal: exceeding our customers' expectations. Zurich does not discriminate on the basis of age, race, ethnicity, color, religion, sex, sexual orientation, gender expression, national origin, disability, protected veteran status or any other legally protected status. EOE disability/vet Zurich does not accept unsolicited resumes from search firms or employment agencies. Any unsolicited resume will become the property of Zurich American Insurance. If you are a preferred vendor, please use our Recruiting Agency Portal for resume submission. Location(s): AM - Overland ParkRemote Working: NoSchedule: Full Time Linkedin Recruiter Tag:

Keywords: Zurich Insurance Company Ltd., Olathe , Property & Casualty Retail Underwriting Internship (Summer 2023), Hospitality & Tourism , Olathe, Kansas