Underwriting Intern at Tokio Marine HCC

Minnetonka, Minnesota, United States -

Full Time

Start Date

Immediate

Expiry Date

13 Mar, 26

Salary

0.0

Posted On

13 Dec, 25

Experience

0 year(s) or above

Remote Job

Yes

Telecommute

Yes

Sponsor Visa

Skills

Risk Management, Insurance, Underwriting, Actuarial Principles, Mathematics, Statistics, Communication Skills, Organizational Skills, Analytical Skills

Industry

Insurance

Description

Tokio Marine HCC (TMHCC) brings 50 years of service to the specialty insurance industry, today offering over 100 products to commercial customers in 180 countries around the world. Organic growth and over 60 successful acquisitions have grown our 2022 Gross Written Premium (GWP) to $5 Billion. Our workforce has grown to 4,300 worldwide … big, but not so big that you cannot make a difference. Our Good Company values, including integrity, empowerment, and commitment to customer service, and a culture of innovation, communication, and collaboration make TMHCC a great place to work. TMHCC Stop Loss, a $2 Billion division within TMHCC, leads the way in providing medical stop loss insurance sold to employers. Medical Stop Loss provides an added layer of insurance protection to employers who choose to self-fund their health benefit plans. Self-funding can incur risks from catastrophic claims, and Medical Stop Loss insurance from Tokio Marine HCC is designed to protect employers from that risk. *This role is located onsite in Minnetonka MN* Position Summary: Are you a junior in Risk Management/ Insurance Major or have an interest in learning more about the world of medical stop-loss insurance? Join the TMHCC Stop Loss Group in our Minnetonka, MN office for a hands-on experience. Key Responsibilities: This program provides you the opportunity to work in our regional office to see in detail how we underwrite our Medical Stop Loss business. During the internship, you will meet with regional leaders, and learn about other departments and the role they play in underwriting. This experience will give you the insight and first-hand knowledge that could lead to a placement after graduation. TMHCC Stop Loss, a $2 billion division within TMHCC, leads the way in providing medical stop loss insurance sold to employers. Medical Stop Loss provides an added layer of insurance protection to employers who choose to self-fund their health benefit plans. Self-funding can incur risks from catastrophic claims, and Medical Stop Loss insurance from Tokio Marine HCC is designed to protect employers from that risk. Education, Experience & Knowledge: 60 completed college hours from an accredited college or university and an average grade point average (GPA) of 3.0 or higher. Must be currently enrolled in a bachelor degree program applicable to Actuarial Science, Mathematics, Statistics or Risk Management. Preferred-ability to apply knowledge of underwriting and or/ actuarial principles, practices, and procedures to assigned project work Good written and verbal communication skills with an emphasis on confidentiality, tact, and diplomacy Strong organizational and analytical skills; demonstrate ability to manage multiple tasks simultaneously The Tokio Marine HCC Group of Companies offers a successful, dynamic organization experiencing rapid growth and are seeking energetic and confident individuals to join our team of professionals. The Tokio Marine HCC Group of Companies is an equal-opportunity employer. Please visit www.tmhcc.com for more information about our companies. #LI-CM3 #stoploss1 Your success is our priority. In a world that is rapidly changing, TMHCC enables you to take on opportunities with confidence. At Tokio Marine HCC, we pride ourselves on hiring the smartest, most conscientious people, who want to make a difference no matter their background. And then we give them the support and trust they need. We’re always looking for curious, creative transformative thinkers who want to change the status quo and have a passion for doing the right thing. If this is you, then we want you on our team.

Responsibilities

The internship provides hands-on experience in underwriting Medical Stop Loss insurance. Interns will meet with regional leaders and learn about various departments involved in the underwriting process.