Responsibilities The Underwriting & Policy Services Intern ship is designed for business-focused college students interested in insurance, risk management, finance, analytics, or operations. The ...
Responsibilities The Underwriting & Policy Services Intern ship is designed for business-focused college students interested in insurance, risk management, finance, analytics, or operations. The ...
The Underwriting & Policy Services Intern ship is designed for business-focused college students interested in insurance, risk management, finance, analytics, or operations. The intern will gain ...
The Underwriting & Policy Services Intern ship is designed for business-focused college students interested in insurance, risk management, finance, analytics, or operations. The intern will gain ...
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Financial Services Intern information
See salary details
$11.54 - $12.89
1% of jobs
$12.89 - $14.25
6% of jobs
$14.25 - $15.60
8% of jobs
$16.79 is the 25th percentile. Wages below this are outliers.
$15.60 - $16.96
11% of jobs
$16.96 - $18.31
13% of jobs
The median wage is $19.33 / hr.
$18.31 - $19.67
15% of jobs
$19.67 - $21.02
9% of jobs
$21.98 is the 75th percentile. Wages above this are outliers.
$21.02 - $22.38
17% of jobs
$22.38 - $23.73
16% of jobs
$23.73 - $25.09
2% of jobs
$25.09 - $26.44
2% of jobs
$11
$19
$26
How much do financial services intern jobs pay per hour?
What are the key skills and qualifications needed to thrive as a Financial Services Intern, and why are they important?
What kinds of projects and responsibilities can I expect as a Financial Services Intern?
What does a Financial Services Intern do?
Job description
Why MEC?
At Midwest Employers Casualty (MEC), we combine the stability of a Fortune 500 company with the agility of an innovative team. We are passionate about improving the quality of life for employees severely injured on the job and helping companies understand and mitigate risk. Our culture values collaboration, curiosity, and continuous learning. If you want to make an impact, work on meaningful projects, and grow your career in a supportive environment, MEC is the place for you.
The company is an equal opportunity employer.
Company URL: https://www.mecasualty.com
Responsibilities
The Underwriting & Policy Services Internship is designed for business-focused college students interested in insurance, risk management, finance, analytics, or operations. The intern will gain hands-on exposure to underwriting and policy services within an excess workers' compensation carrier.
Because this role is structured as a longer-term internship (full-time in the summer and part-time during the school year), responsibilities will be introduced progressively. The focus is on learning core concepts, building technical skills, and developing an underwriting mindset rather than immediate full ownership of all duties.
Over the course of the internship, the student will:
- Develop a foundational understanding of workers' compensation insurance, including the role of excess insurance.
- Learn how underwriting and policy services support profitable growth, risk selection, and customer relationships.
- Gain exposure to how insurance companies evaluate risk, issue policies, and support brokers and clients.
- Build practical business skills in analysis, communication, and professional collaboration
Key Responsibilities (Progressive Learning)
Responsibilities will scale over time based on the intern's availability, experience, and demonstrated proficiency.
Underwriting & Policy Support
- Assist underwriting and policy services team members with day-to-day administrative and analytical tasks.
- Support basic account research and data review under guidance from experienced team members.
- Learn how policies, endorsements, and binders are prepared and issued.
- Assist with quality checks, documentation, and workflow support.
Business & Financial Exposure
- Gain awareness of how underwriting decisions impact profitability and growth.
- Learn how insurers monitor results, forecasts, and key performance indicators.
- Support data organization and simple analysis using Excel and internal systems.
Relationship & Service Support
- Observe and support broker service activities, including responsiveness and submission management.
- Learn professional communication standards with internal teams and external partners.
Projects & Process Improvement
- Participate in special projects related to process improvement, data organization, or system testing.
- Assist with documentation or training materials as appropriate.
Qualifications
- Currently pursuing a bachelor's degree in business, finance, economics, risk management, analytics, or a related field.
- Interest in insurance, financial services, or risk-based decision-making.
- Strong attention to detail and willingness to learn complex concepts.
- Comfortable working with Excel, Word, and PowerPoint (advanced expertise not required).
- Strong written and verbal communication skills.
- Reliable, organized, and able to manage time effectively in a part-time academic schedule. Curious, professional, and comfortable asking questions.
What the Intern Will Gain
- Real-world exposure to a specialty insurance business.
- Mentorship from experienced underwriting and policy professionals.
- Practical experience that complements business school coursework.
- A strong foundation for future roles in insurance, finance, consulting, or analytics.
Additional Company Details
We do not accept any unsolicited resumes from external recruiting agencies or firms.
The actual salary for this position will be determined by a number of factors, including the scope, complexity and location of the role; the skills, education, training, credentials and experience of the candidate; and other conditions of employment.
Sponsorship Details
Sponsorship not Offered for this Role