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Underwriting Intern

Incourage

Nairobi,Kenya

Closing: May 10, 2024

11 days remaining

Published: Apr 29, 2024 ( today)

Job Requirements

Education:

Work experience:

Language skills:

Job Summary

Contract Type:

The Underwriting Intern will work closely with our experienced underwriting team to gain practical knowledge and hands-on experience in the insurance underwriting process. This internship is designed to provide exposure to various aspects of underwriting, risk assessment, and policy analysis.

The successful candidate will ideally be required to start ASAP.

Duration: 3 months (paid internship)

Requirements for the role

Pursuing a Bachelor’s degree in Finance, Business, Risk Management, or a related field.
Strong interest in the insurance industry and a desire to pursue a career in underwriting.
Excellent analytical and problem-solving skills.
Effective communication skills, both verbal and written.
Detail-oriented with a high level of accuracy.
Ability to work collaboratively in a team environment.
Proficient in Microsoft Office Suite and Google Workspace.

Responsibilities

The Underwriting Intern will work closely with our experienced underwriting team to gain practical knowledge and hands-on experience in the insurance underwriting process. This internship is designed to provide exposure to various aspects of underwriting, risk assessment, and policy analysis.

The successful candidate will ideally be required to start ASAP.

Duration: 3 months (paid internship)

Requirements for the role

Pursuing a Bachelor’s degree in Finance, Business, Risk Management, or a related field.
Strong interest in the insurance industry and a desire to pursue a career in underwriting.
Excellent analytical and problem-solving skills.
Effective communication skills, both verbal and written.
Detail-oriented with a high level of accuracy.
Ability to work collaboratively in a team environment.
Proficient in Microsoft Office Suite and Google Workspace.

Engage in a comprehensive training program to understand the fundamentals of insurance underwriting.
Participate in workshops, mentorship sessions, and on-the-job training to build technical and industry-specific skills.
Assist in the analysis of insurance policies to understand coverage, terms, and conditions.
Learn how to assess risks associated with different insurance products.
Gain proficiency in using data analysis tools to evaluate and interpret underwriting data.
Assist in conducting research to support underwriting decisions.
Learn how to accurately maintain underwriting records and documentation.
Assist in organizing and managing underwriting files.
Shadow and learn effective communication with various stakeholders, including clients, brokers, and internal teams.
Develop written communication skills for creating underwriting reports and correspondence.
Work closely with the underwriting team to understand the collaborative nature of underwriting within the broader context of the insurance industry.
Participate in team meetings and contribute to discussions.

Note:

This job description outlines primary responsibilities and reflects the proactive approach expected from team members. Additional duties may be assigned as required to meet organizational needs.

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