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New Mexico Mutual · 2 months ago

Underwriting Intern - Paid

Albuquerque,NM,US

Internship

Onsite

Intern

New Mexico Mutual is a company that focuses on workers’ compensation insurance, and they are seeking an Underwriting Intern to learn about the underwriting function. The role involves assessing employers’ operations and hazards, evaluating policies, and maintaining relationships with policyholders and agents.

Financial ServicesInsuranceService Industry

Responsibilities

Evaluates accounts to determine risk selection within authority level

Determine account pricing, terms and conditions in accordance with industry regulations

Appropriately select risk based on the organizations underwriting risk appetite

Document justification for underwriting direction

Obtain and organize relevant underwriting information

Review and process renewal policies within given authority level

Review and process endorsements

Review and process cancellations and re-writes

Provide timely and professional communication to customers

Perform business sector review by agency, size of policy, class code, and region to report on profitability, growth opportunities, and predictive model performance

Qualification

Microsoft Office SuiteData analysisRisk assessmentTeam collaborationStrategic thinkingCommunication skills

Required

Pursuing a bachelor's or master's degree

Highly motivated individuals that work well in a team environment

Think strategically and critically

Leverage information technology, data and other resources to identify solutions and innovations

Hold a strong desire and curiosity to learn the insurance business

Demonstrate and develop excellent written, verbal and interpersonal communication and professional skills

Are compatible with New Mexico Mutual's Corporate Values

Demonstrated proficiency in Microsoft Office Suite (Word, Excel, PowerPoint, Outlook)

Adheres to New Mexico Mutual's values and mission by demonstrating Service Excellence, Trust, Ownership, One Team and Boldness in thought and action

Develops and maintains positive working relationships with team members, customers, coworkers and Management by demonstrating effective communication and collaborative skills