Student Intern - Property Underwriting

Let’s care for tomorrow.

Your ambitions.  Your dreams.  Your tomorrow.

We are looking for a Student Intern for Property Underwriting, based in Chicago

Who we are

Allianz Group is one of the most trusted insurance and asset management companies in the world. Caring for our employees, their ambitions, dreams, and challenges, is what makes us a unique employer. Together we can build an environment where everyone feels empowered and has the confidence to explore, to grow and to shape a better future for our customers and the world around us. Join us. Let’s care for tomorrow.

What you do

Intern will participate with and contribute to the Property Team. The internship program is designed to provide the intern with an opportunity to apply a macro understanding of risk in the real world by working side-by-side with our underwriting, risk consulting and operational support team professionals.  Interns will participate in a wide range of learning and development opportunities including job shadows, attendance at internal meetings, speaking engagements and events designed to expose the intern to other areas of insurance.

Some of your specific responsibilities could include: 

• Underwriting/Risk Consulting
  • Exposure to the identification and analysis of risk and loss control advice. 
  • Continue exposure and education in the underwriting of the risk selection, and retention on accounts. 
  • Some activities will cross line of business in nature and may allow for a full spectrum of the capabilities of the Allianz Risk Consulting Teams
• Special Projects
  • Will collaborate on a proof of concept for a new product offering or research
  • Will be given other projects that can be completed within the length of the internship
• On the Job Learning 
  • Participate in a wide range of learning and development activities focused on immersing the intern into how insurance works

What you’ll bring to the role 

• • Currently pursuing university degree in Business, Economics, Finance, Risk Management or related discipline
  • Minimum GPA of 3.0
  • Knowledge of basic computer operations including a strong working knowledge of Excel and other MS office applications
  • Ability to apply field of study learnings to the internship
  • Knowledge of basic math skills
  • Self-starter with the ability to work as a team member in a fast-paced dynamic environment
  • Ability to prioritize and meet deadlines
  • Strong oral and written communication

The company offers a pay rate of $23 per hour for this internship. This is a Full time 10-week Summer Internship which will begin in early June 2025.

62524 | Underwriting | Student | n.a. | Allianz Commercial | Full-Time | Temporary

What’s in it for you?

Let’s care about everything that makes you, you

We are committed to nurturing an inclusive environment where everyone feels they belong.  We offer a hybrid working model, which recognizes the value of striking a balance between in-person collaboration and remote working.  Please feel free to discuss flexible working arrangements with us.

Let’s care for your financial wellbeing

We believe in rewarding performance with a great compensation and benefits package (details vary by location), including a generous bonus scheme and 401K.

Let’s care for your opportunities to progress

From career development and digital learning programs to international career mobility, we offer lifelong learning for our employees worldwide and an environment where innovation, delivery and empowerment are fostered.

Let’s care for life’s twists and turns

From our support for flexible working, health and wellbeing (including private healthcare and generous parental leave benefits), to helping people return from career breaks with experience that nothing else can teach.  We’ve got your back.

Let’s care for our society and our planet

With opportunities to be engaged in shaping a future that is safe, inclusive and sustainable, we care for the tomorrows of our people, our industry and our clients.

Care to join us?

Allianz Commercial (AzC) is a global corporate insurance carrier and part of Allianz Group. We provide risk consultancy, Property-Casualty insurance solutions and alternative risk transfer for a wide spectrum of commercial, corporate and specialty risks across 10 dedicated lines of business.  Learn more about us by clicking here.

Allianz is an equal opportunity employer, and therefore welcomes applications regardless of ethnicity or cultural background, age, gender, nationality, religion, disability, sexual orientation or any other protected characteristic.  Diversity of thinking is an important part of our company culture.

Recruitment Agencies: 
AzC has an in-house recruitment team, which focuses on sourcing great candidates directly. AzC does not accept unsolicited resumes from agency or search firm recruiters.  Fees will not be paid in the event a candidate submitted by a recruiter without an agreement in place is hired.  When we do use agencies, we have a PSL in place, so please do not contact managers directly.

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