Early Careers: Corporate Risk and Broking (CRB)- Internship - Broking Placement- Multiple Locations - 2027 (New York)

Description

Employment-based non-immigrant visa sponsorship and/or assistance is not offered for this specific job opportunity. We will only consider candidates who are currently authorized to work in the United States and who will not require sponsorship now or in the future. Please note: student visas, CPT, OPT, H-1B, TN, and other temporary work authorizations are considered restricted forms of employment eligibility. Once these expire, the candidate must be able to present another valid form of work authorization.

Locations: New York, NY, United States, Chicago, IL, United States, Dallas, TX, United States, Houston, TX, United States, Los Angeles, CA, United States, San Francisco, CA, United States, and Atlanta, GA, United States

This is a Hybrid role.

 

Summer Internship Program 

 

WTW’s Summer Internship Program serves as the primary pipeline into our full-time Graduate Development Program (GDP) and is designed for university-level students primarily one year away from achieving their bachelor’s degree. 

 

The Summer Internship Program is an 8-week learning experience designed for students to gain an understanding of the ever-evolving risk landscape. The internship provides undergraduate students with the opportunity to gain hands-on experience working with world-class clients and colleagues in the insurance industry. The program provides the opportunity for interns to work alongside senior leadership and add value to client-facing exposures from accounts in the Fortune 500 sector to small local business areas. For a complete list of industries our colleagues work with, click here.  

 

In addition to core program components, interns are aligned to a specialized business area that will begin to build a technical foundation of knowledge and provide exposure to our clients through meaningful work assignments and projects. The internship program aims to create a collaborative community that contributes to our business through various projects, speaker series, structured training, case studies, networking events, and more. The program is comprised of a structured orientation, goal setting, mentorship, I&D initiatives, group presentations, and a formal performance review process. 

 

Broking Placement Overview

 

WTW’s Broking teams deliver superior results for our clients’ business and risk management needs through deep industry specific expertise. The role of a broker is to help our clients mitigate their total cost of risk. The brokerage team operates as the firm’s intellectual capital where we work with our clients to assess, model, and structure risk. Once modeled, the broker personally escorts the clients’ risk into the market and draws upon their market relationships and their negotiation skills to secure quotations from the insurance carriers. While the nature of the work is similar day-to-day, no two placements are the same and common tasks may include: preparing and sending out submissions, liaising with markets, analyzing exposures, working through risk models, and negotiating quotations. 

 

Responsibilities:

 

• Gather information and analytics to assess and evaluate client risks to support the placement of client risks into the market. 

• Create Loss Summaries, review program binders for accuracy, check policies, and aide's brokers & senior brokers  

• Assist on any deliverables for Client Renewal Strategy Meeting & RFPs 

• Research market solutions to learn how to identify and develop optimum risk solutions for clients. 

• Initial introductions to carrier / trading partners  

• Begin understanding of core insurance principles and brokerage concepts  

• Ensure that quality and compliance procedures and processes are adhered to. 

• Record and maintain all information accurately on the appropriate systems, including initial introduction to and utilization of Broking Platform. 

• Demonstration of strong time and task management skills  

• Ability to take direction, receive constructive feedback and deliver accurate work product 

• Relationship management and customer focus; ability to interface with customers and collaborate internally with teammates to serve customers 

Qualifications

Education and Qualifications:

 

• Enrolled in a bachelor’s degree program with a target graduation date of May 2027 

• Eligible candidates must be going into their senior year in Fall 2027

• Minimum GPA of 3.0 and above  

• Preferred Majors: Risk Management, Business, Finance, Economics, Accounting, Liberal Arts, Geology (BS), Environmental Geology (BS), Sociology

• Proficient in Microsoft Office Suite

• Intermediate to advance Excel skills

• Exceptional interpersonal skills 

• Excellent written & verbal communication skills  

• Excellent presentation skills, analytically driven and detail oriented 

• Aptitude to learn and be proactive 

• Proficient in time management 

• Able to work legally in the United States indefinitely and without Visa sponsorship 

• WTW’s hybrid working environment allows for flexible working schedules with a mixture of both remote and in office time including global collaboration across teams. During the internship, most colleagues are expected to go into the office 3 times a week   

 

Company Benefits 

 

The hourly rate being offered for this role is $31.00 -$34.00 USD.

 

This role is also eligible for over-time.

 

WTW provides a competitive benefit package which includes the following (eligibility requirements apply):

• Retirement Benefits: Contributory Pension Plan and Savings Plan (401k).

Compensation and Benefits

Base salary range and benefits information for this position are being included in accordance with requirements of various state/local pay transparency legislation. Please note that base salaries may vary for different individuals in the same role based on several factors, including but not limited to location of the role, individual competencies, education/professional certifications, qualifications/experience, performance in the role and potential for revenue generation (Producer roles only).

 

Recruiting tips: WTW specializes in preparing for the unknown. Here’s how to get ready for the big day: 

 

Pursuant to the San Francisco Fair Chance Ordinance and Los Angeles County Fair Chance Ordinance for Employers, we will consider for employment qualified applicants with arrest and conviction records

 

This position will remain posted for a minimum of three business days from the date posted or until sufficient/appropriate candidate slate has been identified.

 

EOE, including disability/vets