Underwriting Intern - Boston, Massachusetts, US

Why MSI? We thrive on solving challenges. · As a leading MGA, MSI combines deep underwriting expertise with insurer risk capacity to create specialized insurance solutions that empower distribution partners to meet customers' unique needs. · We have a passion for crafting solutio ...

Job description

Why MSI? We thrive on solving challenges.

As a leading MGA, MSI combines deep underwriting expertise with insurer risk capacity to create specialized insurance solutions that empower distribution partners to meet customers' unique needs.

We have a passion for crafting solutions for the important risks facing individuals and businesses. We offer an expanding suite of products – from fully-digital embedded renters coverage to high-value homeowners insurance to sophisticated commercial coverages, such as cyber liability, umbrella and habitational property – delivered through agents, brokers, wholesalers and other brand partners.

Our partners and customers count on us to deliver exceptional service through a dedicated team that makes rapid resolutions a priority. We simplify the insurance experience through our advanced technology platform that supports every phase of the policy lifecycle. Bring on your challenges and let us show you how we build insurance better.

Program Overview:

We welcome motivated and academically driven risk management college students to participate in our intensive 10-week summer commercial underwriting internship program. Dependent on location, candidates will be aligned to either our umbrella, general liability or property programs. This unparalleled opportunity is specially crafted for early-career professionals eager to explore the world of underwriting.

Our program is designed for those who share our dedication and passion for underwriting and insurance. We prioritize the professional development of our interns, investing significantly in their potential. As part of our comprehensive underwriting program, you will be introduced to our technology, people and processes, as well as immerse yourselves in our culture.

In addition to interacting with top C-suite professionals during intern enrichment sessions, you will also get the unique chance to take part in mentorship opportunities for business leaders, learn industry insights and gain practical hands-on experience through shadowing professionals within our dynamic underwriting team and assisting with part of the underwriting process.

Responsibilities:

Engage fully in our 10-week comprehensive learning program designed to provide a deep understanding of underwriting and insurance. Over the course of the internship program, you will get hands-on experience as an UW, the ability to work on projects and assignments, and applying your theoretical knowledge in real-world scenarios. Other responsibilities include:

• Pull requested loss runs for accounts
• Assist with the submission intake process
• Complete non-monetary endorsements such as mailing address changes
• Assist team members with tasks such as entering risk information into rater for quoting purposes
• Shadow team members in every department to learn the business and workflow

Requirements:

• A demonstrated passion for risk management and insurance
• Pursuing a bachelor's degree in Risk Management, Business, Economics, Liberal Arts or a related field
• The ability to work well in a team and collaborate with various levels of the organization
• The capacity to work independently while fostering a positive group dynamic
• Strong analytical, problem-solving, and critical-thinking skills
• Excellent written and verbal communication abilities
• Demonstrated leadership potential through academic, extracurricular activities, internships, or volunteer work
• Ability to work collaboratively in diverse teams and adapt to new situations quickly
• Proficiency in Microsoft Office Suite (Excel, PowerPoint, Word); familiarity with data analysis tools (e.g., SQL, Tableau, Python) is a plus
• Strong organizational skills and attention to detail
• Authorized to work in the country of employment without sponsorship

Preferred:

• Previous internship or work experience in a related field
• Coursework or projects involving data analysis, business strategy, or technology
• Interest in pursuing a long-term career with our organization

We welcome early-career professionals to join us in a learning environment where fun coexists with growth, and potential is respected, nurtured, and rewarded. Ignite your career in the insurance and risk management industry with our 10-week rotational internship program. We hope that this internship program will feed into a full-time role in our Rotational Analyst Program that is a two-year training program through Claims, Underwriting, and Product. Apply today

Starting Rate: $20+/ per hour

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IMPORTANT NOTICE:
This position description is intended to describe the level of work required of the person performing in the role and is not a contract. The essential responsibilities are outlined; other duties may be assigned as needs arise or as required to support the organization. All requirements may be subject to reasonable accommodation to applicants and colleagues who need them for medical or religious reasons.

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