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Towne Insurance Summer Internship

TowneBank
United States, Virginia, Norfolk
3 Commercial Place (Show on map)
Jan 26, 2024
Description

The Towne Insurance Intern Program is a ten-week program for rising seniors attending a 4-year university. While the program is open to all areas of study, candidates focusing on Risk Management and Insurance through a major or minor program of study will be given preference.

The intern program focuses on the essential roles within an independent insurance agency. Commercial Insurance is the primary focus, yet the Agency's multiple capabilities will also provide exposure to Personal Insurance and Employee Benefits Insurance.

Weeks 1-5 develop a skillset reflecting the core operations of an insurance agency.

Weeks 6-10 allow the intern to apply the knowledge in support of the agency operations.

Skillset Development (Weeks 1-5)



  • ISO Commercial Coverage Forms
  • Agency Management System
  • Key operations including


    • The Marketing Role, including the preparation of key elements to a carrier submission and evaluation of the programs offered.
    • The Account Manager Role with insight into the key servicing elements essential to client satisfaction and risk retention.
    • The Risk Advisor Role in developing key relationships and earning trust by providing effective solutions and coverage design to the exposures presented by the business operations.



Essential Responsibilities:



  • Assist in account submission activities to include compiling detail necessary to ensure completeness including loss summary exhibits, location schedules, and pertinent underwriting data.
  • Assist in the comparison of carrier proposals to convey options and essential program elements to clients and prospects.
  • Research and update open items in the Agency Management System
  • Participate in opportunities to meet with agency clients, prospects, carrier partners, and participate in risk control visits.
  • Actively participate in the 10-week program outlined to include an office project to present to senior management during the final week of the program. The office project is an opportunity to share your legacy by sharing a product or improvement that will better the operation.
  • Other duties as assigned.


Minimum Qualifications:



  • Attention to detail.
  • Strong communications skills
  • Outgoing and helpful personality
  • Dependability and punctuality
  • Willingness to try new tasks to grow.
  • Rising Senior in a 4-year university
  • Proficiency in Excel, Word and PowerPoint


You'll be better prepared if you have:



  • A desire to obtain a Property & Casualty Insurance Agent License
  • Completed coursework towards an insurance professional designation, such as CPCU or ARM
  • Prior experience with insurance software: Especially Applied Epic

Equal Opportunity Employer/Protected Veterans/Individuals with Disabilities
The contractor will not discharge or in any other manner discriminate against employees or applicants because they have inquired about, discussed, or disclosed their own pay or the pay of another employee or applicant. However, employees who have access to the compensation information of other employees or applicants as a part of their essential job functions cannot disclose the pay of other employees or applicants to individuals who do not otherwise have access to compensation information, unless the disclosure is (a) in response to a formal complaint or charge, (b) in furtherance of an investigation, proceeding, hearing, or action, including an investigation conducted by the employer, or (c) consistent with the contractor's legal duty to furnish information. 41 CFR 60-1.35(c)

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