Property & Casualty Account Management Intern
AssuredPartners
43 reviews
Owensboro, KY 42302
Internship
AssuredPartners
43 reviews
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Overview:
Job Title: Property & Casualty Account Management Intern
Department: Commercial Lines
Reports to: Account Manager
FLSA Status: Non-exempt
Job Code: CL14AMIN
College 2 Career Internship Program:
At AssuredPartners, our internship program was created to support the next generation of talent in finding meaningful, professional development experiences within the insurance industry. We expect all of our teammates to actively present new ideas, take a thoughtful approach to responsibilities, and help contribute to building our culture. You will grow with the help of an assigned mentor, be exposed to leadership, departments, and other interns, and create lasting connections.
Overview of Role:
As a Property & Casualty Account Management Intern, you will gain an understanding of the Insurance Industry and the distribution models for Insurance Products. The program will provide you with a broad understanding of the insurance brokerage cycle from identifying and properly marketing risks, building a service timeline, implementing service requests, and working through a renewal. You will build valuable skills in creating and presenting business proposals, understanding specific carrier and wholesaler risk appetites, and developing time management strategies.
Responsibilities:
Overview of Primary Responsibilities:
During our Internship Program, you will:
• Complete a rotation through critical teams which help assess issues, develop solutions, negotiate risk transfer contracts, and provide claims advocacy on behalf of policy holders.
• Review contracts and tailor policies around specific legal requirements.
• Accompany Account Managers on renewal meetings.
• Gather quotations for clients and vendors.
• Understand key insurance coverages and apply them to specific client opportunities.
• Develop basic knowledge of the insurance industry and agency operations
• Copy data and compile records and reports.
• Open and route incoming mail, answer correspondence, and prepare outgoing mail.
• Tabulate and post data in appropriate customer contact system or in data base/spreadsheet.
• Follow company policies with respect to all essential duties and responsibilities.
Qualifications:
Minimum Qualifications, Education and/or Experience:
• Must be enrolled in post-secondary education, ideally in a degree program concentrating in Risk Management and Insurance, Business, or other related field
• Ideal candidates will be professional and congenial - with inquisitive personalities and the ability to thinkcritically.
• Must be comfortable interacting with high-level leadership via written communication or virtual conference.
• Must be driven, self-starting, and coachable while demonstrating a high level of maturity.
• Must be adaptable while working on various initiatives with different teammates.
• Ability to read, analyze, and interpret common business documents, and a high capacity for learning is critical.
Core Competencies:
To perform the job successfully, an individual should demonstrate the following skills effectively: Accountability, Adaptability, Communication, Customer Focus, Initiative, Integrity, Problem Solving, Results Orientation, Teamwork, and Technical/Functional Knowledge and Expertise.
Physical Demands
The physical demands described here are representative of those that must be met by an employee to successfully perform the essential functions of this job. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions.
While performing the duties of this Job, the employee is regularly required to sit and talk or hear. The employee is occasionally required to stand; walk and use hands to finger, handle, or feel. The employee must occasionally lift and/or move up to 25 pounds.
Work Environment
The work environment characteristics described here are representative of those an employee encounters while performing the essential functions of this job. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions.