Underwriting Intern

Company:

NICO National Indemnity Company Want to work for a company with unparalleled financial strength and stability that offers “large company” benefits with an exciting, friendly, and “small company” atmosphere? Our companies, as members of the Berkshire Hathaway group of Insurance Companies, provides opportunities for professionals interested in just that.

National Indemnity Company (NICO) is one of the leading property/casualty members of the Berkshire Hathaway group of insurance companies, boasting the highest possible financial strength rating by A.M. Best. Located in Omaha, NE and backed by a wealth of experience, National Indemnity Company offers one of the widest selections of commercial insurance products in the industry and the stability that agents and insureds have depended on for decades.

Hours: Between 8:00 a.m. – 5:00 p.m.

15-30 hours per week during the school year depending on the applicant's schedule

30-40 hours per week in the summer

Duties in the Underwriting Department include:

Evaluating risk acceptability based on driver quality, loss history, and overall business operations

Identifying and communicating potential problems to lead underwriter(s)

Communicating pricing decisions to agents and answer questions

During this internship, the student will gain:

Knowledge of fundamental concepts of insurance (including coverages & pricing)

An understanding of basic commercial auto insurance underwriting

Requirements:

Freshman, Sophomore, Junior, or Senior

Major in business, math, or equivalent

Work with detail and accuracy

Knowledge of basic math

Excellent grammar, proofreading and written communication skills

Ability to meet deadlines

We want you to be involved! We offer Employee Resource Groups for volunteering, connecting with others, social gatherings, and professional development. We also regularly seek employees input through companywide surveys.

We care about your health and wellbeing! Our Wellness program is integrated into the Company culture with an online wellness portal that offers a year-round, one-stop-shop to manage and track all areas of health, our Omaha office boasts a complimentary state-of-the-art onsite fitness center, and a robust wellness program.

Benefits, Perks and more! We offer retirement and savings plan with immediate enrollment with 100% employer match up to 5%, Medical, Dental and Vision for regular, full-time employees and eligible dependents, a dedicated Learning & Development program for employees to grow personally and professionally, 100% upfront Educational Reimbursement program, subsidized downtown parking, competitive time off policies including parental leave, an Employee Assistance program and much more!