Description

JOB DESCRIPTION

Program Overview

Allied World has an exciting opportunity for students looking to launch a career in the insurance industry. We have various spots available in our 8 week long 2024 Summer Internship Program beginning in June. Our structured program combines experiential learning, individual mentoring and training aimed at providing interns with the foundation for a strong underwriting future and a satisfying and rewarding career at Allied World. The intern positions will be located in any of our main branch offices (New York, New Jersey, Farmington, Atlanta, Philadelphia, San Francisco, Los Angeles).

Interns will be assigned to a primary product line (General Casualty, Professional Lines, Reinsurance, Actuary, Claims, Finance, IT). In addition, Interns will learn about each of our critical service functions including underwriting, actuarial, claims, operations, business development, finance and IT.

Allied World is a global, innovative and cutting edge insurance company. We continue to expand each year and pride ourselves on hiring top talent to build our business and our brand. Our Summer Internship Program is a highly visible program supported by top executives within Allied World.

Program Components

• Understanding of Allied World, our history, our mission who we are in the market and our value propositions
• Understand basics of underwriting (entry level understanding of how to analyze and review accounts, make risk determinations, profitably price risk and negotiate with brokers), Reinsurance, Actuary, Claims, Finance, IT
• Through business development gain exposure to brokers that help grow the Allied World business
• Learn and interact with various parts of the organization: underwriting, claims, actuarial, operations, compliance, Finance, legal, IT, risk management, loss control
• A unique opportunity to interact with senior management
• Create and develop a network of Allied World employees through your experience

Qualifications

• Enrollment in a Business, Risk Management, Insurance, Actuarial Science/Mathematics, Finance/Accounting, Computer Science Program (Major/Minor)
• Undergraduate Juniors going into Senior year
• Proven leadership skills through extracurricular activities, internships, or work experience
• Problem Solving : Exceptional analytical skills to maneuver through problems and challenges
• Interpersonal Savvy : Relates well to all kinds of people, builds constructive and effective relationships, uses diplomacy and tact
• Action Oriented : High energy and focus. Ability to work independently and as a team
• Written and Verbal Communication : Ability to write and speak clearly and succinctly in a variety of different communication settings and styles
• Detail Oriented and Organized : Ability to orchestrate multiple activities to accomplish a goal
• Career Ambition : Makes things happen for themselves. Strong desire to learn the insurance industry business
• Business acumen : Knows how businesses work, knowledgeable of business processes and procedures
• Adapting to Change : Effectively cope with change, ability to shift gears quickly
• Must be legally authorized to work in the U.S. on a permanent basis
• Preference for candidates open to relocation after graduation

Compensation

Rate: $20.00/hr - $22.00/hr

Our Business

Allied World Assurance Company Holdings, Ltd, through its subsidiaries, is a global provider of insurance and reinsurance solutions. We operate under the brand Allied World and have supported clients, cedents and trading partners with thoughtful service and meaningful coverages since 2001. We are a subsidiary of Fairfax Financial Holdings, Limited and benefit from a strong capital base and a worldwide network of affiliated entities that allow us to think and respond in non-traditional ways.

Our generous benefits package includes: Health, Dental and Disability Insurance, a company match 401k plan, and Group Term Life Insurance. Allied World is an Equal Opportunity and Affirmative Action Employer. All qualified applicants will be considered for employment without regard to an individual's race, color, national origin, religion or belief, sex, gender, gender identity, age, genetic information, marital or civil partnership status, family status, sexual orientation , military, veteran status, disability or any other characteristic protected by law.

To learn more, visit awac.com , or follow us on Facebook at facebook.com/alliedworld and LinkedIn at linkedin.com/company/allied-world .