Thursday, March 22, 2012

Liberty Mutual Underwriter Internship: Boston

Underwriting Internship - Boston, MA-26416
 

Description

 
Gain valuable business experience at a Fortune 100 company!
 
Liberty Mutual's underwriters focus on answering two fundamental questions.  Should we write a policy for a customer, and if so, what is a fair price given the terms and conditions?  On the surface these questions may seem straightforward, but our underwriters must be smart, responsive problem solvers who can dig a little deeper for the answers. 
 
As a Commercial Underwriting Intern, you will develop knowledge about the commercial insurance business through exposure to our underwriting operation. You will focus on developing the skills necessary for success by assisting professionals with day-to-day job assignments. While your assignments will vary over time as you gain experience and skills, interns will typically perform some of the work of an entry-level Underwriter, such as:
  • Learning the basics of Underwriting and how to use various systems and applications.
  • Assisting the Underwriter/Underwriting Assistant with policy issuance, prospects, new business and endorsements.
  • Reviewing, evaluating and categorizing incoming documents; verifying information for accuracy/appropriateness and follow up with others for missing or questionable data
  • Entering and retrieving information of varying complexity using computer systems and applications to update records, obtain information for others and respond independently to most questions and problems
  • Preparing insurance forms/documents, correspondence and process other insurance transactions to provide customer service and support efforts to acquire and retain profitable business
During this time, you'll be part of a diverse, experienced team of people who work hard, enjoy what they do, and have strong relationships with each other.  Together, you'll work to meet goals central to Liberty Mutual's mission of "helping people live safer, more secure lives."
 
This opportunity is for a full time internship during the summer of 2012.
As an intern, you must be working towards a bachelor's degree (graduating in 2013 or 2014) and possess a minimum 3.0 GPA (depending on school).   In addition, the following criteria are highly recommended:
  • Excellent analytical skills
  • Effective interpersonal, written and verbal communication skills
  • Ability to provide information in a clear, concise manner
  • Ability to build and maintain effective relationships
  • Effective analytical skills to gather information, analyze facts, and draw conclusions
Overview:
 
We believe strongly that commercial success can be achieved in a manner consistent with principles and ideals that bind us together as one company, that set us apart from our competitors, and that in the end will allow us to say we have succeeded commercially by doing the right thing the right way.
 
We believe that the Company's success is inextricably linked to our employees' satisfaction and success: satisfaction that they work for an industry leader committed to improving safety, satisfaction that they work for a company that does the right thing, and satisfaction that the company will reward them for their contributions and provide opportunities for personal growth and success.