2023 Underwriting Summer Internship Program - Retail Property - Los Angeles, CA at Everest Global Services, Inc.

Posted in Other 8 days ago.

Location: Los Angeles, California





Job Description:

Title:
2023 Underwriting Summer Internship Program - Retail Property - Los Angeles, CA


Company:
Everest Insurance Company


Job Category:
Interns


Job Description:


Join the Everest 2023 Summer Internship Program! This is an exciting opportunity to receive exposure to the world of Property & Casualty Reinsurance and Insurance through dynamic training, firsthand business experience, and networking with the industry's leading experts and experienced professionals. Throughout the Program, you can expect to build upon the academic foundations you have established at school and apply your learning to real world scenarios. The Program will run for approximately 10 weeks beginning June 2023.


Everest is a leading global reinsurance and insurance organization with extensive product and distribution capabilities, a strong balance sheet and an innovative culture. Throughout our history, Everest has maintained its discipline and focus on creating long term value through underwriting excellence and strong risk and capital management.


Our Strength - Our People


At Everest, we believe that our future is determined by the actions we take today; Actions that go beyond business strategy and encompass the values important to our employees and the communities in which we operate. Everest's value commitments include, providing an inclusive work environment that offers employees the opportunity to further their development, supporting our communities through the donation of time and financial resources, maintaining our integrity across all aspects of the group, and being an industry innovator to solve global complex risks.


Your Impact & Opportunity


We are looking for interns to support the Retail Property Insurance Underwriting department in Los Angeles, CA.


Job Responsibilities


  • Assist in the pre-qualification of deals/providing summary to underwriting team to help with submission flow


  • Assist in classifying all submissions received, quoted, declined etc. for reporting and data analytics


  • Assist in the creation of a database to show law firms, PE firms, and other advisors to track TL participant activity


  • Research regarding M&A market trends, including overall activity, price multiples development etc.


  • Partner with Everest Specialty Underwriting groups on assigned projects as requested


  • Provide support as needed to remote Everest Specialty Underwriting office locations




What You Bring: Experience & Qualifications


  • You are a sophomore or junior pursuing a bachelor's degree at an accredited college/university


  • Excellent communication, analytical, critical thinking, collaboration, and negotiation skills


  • Proficiency in MS Office software, specifically Excel, Word, and PowerPoint


  • Leadership or involvement in extracurricular activities, campus clubs/organizations, your community, etc.


  • Ability to work in a high volume, fast paced environment




Multiple Locations Available: Hybrid schedule - Los Angeles, CA (3 days in office, 2 days remote)


Compensation: The base salary range for this position is $800-1,000 per week. This position is eligible for overtime and paid time off. The offered rate of compensation will be based on individual education, experience, qualifications and work location.



Note, Everest does not provide visa sponsorship for this position. Successful candidates must possess the requisite permanent US employment authorization to be eligible for consideration.



Type:
Regular


Time Type:
Full time


Primary Location:
Los Angeles, CA


Additional Locations:


As an effective team member, employees at Everest Insurance must champion the Everest Insurance Culture:


• Collaboration: Open and transparent communication with customers and colleagues
• Thoughtful Assumption of Risk: Supporting the Everest goal of carefully writing profitable business by ensuring data quality, prompt and accurate feedback to Underwriters, and operational control throughout the enterprise.
• Execution: Delivering outstanding support to the organization through strong day-to-day business operations, effective project management, and careful oversight of vendors.
• Humility: Caring and respectful approach to service colleagues, customers, and the community.
• Leadership: By example, every day.


Everest is an equal opportunity employer. All qualified applicants will receive consideration for employment without regard to race, color, religion or creed, sex (including pregnancy), sexual orientation, gender identity or expression, national origin or ancestry, citizenship, genetics, physical or mental disability, age, marital status, civil union status, family or parental status, veteran status, or any other characteristic protected by law. As part of this commitment, Everest will ensure that persons with disabilities are provided reasonable accommodations. If reasonable accommodation is needed to participate in the job application or interview process, to perform essential job functions, and/or to receive other benefits and privileges of employment, please contact Everest Talent Acquisition at 1-908-604-3000.
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