FM Affiliated Underwriter Summer Intern - Factory Mutual Insurance Company

This position is accountable for developing basic underwriting and engineering skills needed for identification and assessment of risk. This skill set is used for application of underwriting standards. Individuals in this position will be exposed to underwriting, engineering, relationship management and client servicing.  

• Provides assistance to Account Managers/Production Underwriters in handling underwriting details such as rating and pricing, analysis of coverages, terms and conditions, value analysis and certificates of insurance.  

• Gains and maintains a good knowledge of the underwriting guidelines, policy terms and conditions, profitability analysis and pricing to assist the account manager in program analysis and design.  
• Gains an understanding of FM and FM Affiliate's capabilities and processes.  
• Learns loss prevention and control concepts, including how to read and utilize information from Risk Reports and utilize their knowledge to assist the Account Manager/Production Underwriters in exposure identification and analysis.   

• Academic Credentials (3.0 GPA or above)  
• Outstanding analytical, problem solving, negotiation and computer skills  
• Ability to work with financial data  
• Excellent presentation and interpersonal skills  
• Attention to detail is required 

The final salary offer will vary based on geographic location, individual education, skills, and experience. The position is eligible to participate in FM’s comprehensive Total Rewards program, which includes an incentive plan, generous health and well-being programs, a 401(k) and pension plan, career development opportunities, tuition reimbursement, flexible work, time off allowances, and much more.

FM is an Equal Opportunity Employer committed to attracting, developing, and retaining a diverse workforce.