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Underwriter Internship information

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$32

How much do underwriter internship jobs pay per hour?

As of Jul 28, 2026, the average hourly pay for underwriter internship in the United States is $22.75, according to ZipRecruiter salary data. Most workers in this role earn between $18.75 and $25.72 per hour, depending on experience, location, and employer.

What are some common challenges faced by underwriter interns, and how can they overcome them?

Underwriter interns often face the challenge of quickly learning complex risk assessment criteria while handling a high volume of information. Balancing attention to detail with efficiency can be difficult, especially when reviewing policy applications and supporting documentation. To overcome these challenges, interns are encouraged to ask questions, seek feedback from senior underwriters, and utilize available training resources. Building strong organizational skills and proactively collaborating with team members can also help interns adapt more quickly to the fast-paced environment.

How to get a job as an underwriter with no experience?

To secure an underwriter internship with no experience, focus on developing relevant skills such as risk assessment, financial analysis, and familiarity with underwriting software. Pursuing a related degree, obtaining entry-level certifications like the CPCU, and demonstrating strong attention to detail can improve your chances of being considered for an internship opportunity.

What are the big 4 internships?

The Big 4 internships refer to internship programs offered by Deloitte, PricewaterhouseCoopers (PwC), Ernst & Young (EY), and KPMG. These firms provide internship opportunities in areas such as audit, consulting, tax, and advisory, often serving as a pathway to full-time employment in the accounting and professional services industries.

What would an underwriting intern do?

An underwriting intern assists underwriters by reviewing insurance applications, analyzing risk factors, and gathering relevant data. They may use industry software and perform research to support the underwriting process, gaining exposure to risk assessment and policy evaluation. The role often involves learning industry standards and developing analytical skills.

What is the highest paying internship?

The highest paying internships are typically in finance, technology, and consulting industries, with roles such as investment banking, software engineering, and management consulting often offering the highest stipends or stipends plus bonuses. Underwriter internships in insurance or finance may also offer competitive pay, especially at large firms or in specialized areas, but generally, internships in these fields tend to pay more than average internships in other sectors.

What is the difference between Underwriter Internship vs Underwriter?

AspectUnderwriter InternshipUnderwriter
CredentialsTypically pursuing or recent graduate, some certifications optionalRequires relevant certifications (e.g., CPCU, ARM) and experience
Work EnvironmentInternship setting, training-focused, entry-level tasksFull-time professional role, decision-making responsibilities
Industry UsageUsed for training and talent pipeline in insurance companiesCore role in assessing risk and approving policies

In summary, an Underwriter Internship is an entry-level, training-focused position for students or recent graduates, while an Underwriter is a full-time professional responsible for evaluating insurance risks and making underwriting decisions. Internships serve as a stepping stone toward becoming a licensed and experienced underwriter.

What are the key skills and qualifications needed to thrive as an Underwriter Intern, and why are they important?

To thrive as an Underwriter Intern, you generally need strong analytical skills, attention to detail, and a background in finance, business, or a related field. Familiarity with underwriting software, Microsoft Excel, and basic risk assessment tools is often expected. Excellent communication, organizational skills, and a willingness to learn help interns stand out in this role. These skills and qualities are crucial for accurately assessing risk, making informed decisions, and supporting the underwriting team’s efficiency.

What is an underwriter internship?

An underwriter internship is a temporary position, usually for students or recent graduates, where individuals learn about the process of assessing and evaluating risks for insurance or loan applications. Interns typically assist professional underwriters with reviewing applications, analyzing data, and making recommendations. The internship provides valuable hands-on experience in the underwriting field, helping interns develop analytical, communication, and decision-making skills. It is a stepping stone for those interested in a career in finance, insurance, or risk management.
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Underwriter Internship jobs near you
Infographic showing various Underwriter Internship job openings in the United States as of July 2026, with employment types broken down into 3% Internship, 70% Full Time, 25% Part Time, 1% Temporary, and 1% Contract. Highlights an 83% Physical, 1% Hybrid, and 16% Remote job distribution, with an average salary of $47,324 per year, or $22.8 per hour.
Aetna/CVS Health Virtual Underwriting Externship Program - Intro to Insurance & Underwriting

Aetna/CVS Health Virtual Underwriting Externship Program - Intro to Insurance & Underwriting

CVS Health

Hartford, CT • On-site, Remote

$19.75 - $27/hr

Part-time

Posted 4 days ago

CVS Health rating

5.8

Company rating: 5.8 out of 10

Based on 4,319 frontline employees who took The Breakroom Quiz

88th of 109 rated pharmacies

Job description

Bring your heart to CVS Health. Every one of us at CVS Health shares a single, clear purpose: Bringing our heart to every moment of your health. This purpose guides our commitment to deliver enhanced human-centric health care for a rapidly changing world. Anchored in our brand - with heart at its center - our purpose sends a personal message that how we deliver our services is just as important as what we deliver.

Our Values in Action support this purpose. We want everyone who works at CVS Health to feel empowered by the role they play in transforming our culture and accelerating our ability to innovate and deliver solutions to make health care more personal, convenient, and affordable.

Position Summary:

Are you a current college student eager to explore the dynamic world of insurance and underwriting? Join us for a transformative 3-week virtual externship program designed to introduce you to the fundamentals of underwriting and risk analysis and offer professional development sessions to build your professional skill set. This program is ideal for individuals looking to learn more about the underwriting field and jump start their career with an industry leader.

The Underwriting Externship Program looks to provide externs with immersive, hands-on underwriting experience that helps them understand the role of a full-time underwriter and Aetna's underwriting organization. This program serves as one of the primary pipelines for the Underwriting Internship Program and the full-time Underwriting Leadership Development Program.

You will also have the opportunity to apply and interview for a position in our 2028 Summer Corporate Underwriting Internship Program (UIP). This program is intended to take place at our Hartford, CT office location following a hybrid work model.

Position: Underwriting Extern

Duration: Three Week Program; Tuesday, Wednesday, Thursday from 3:00pm-4:30pm ET

Program Dates:

  • Week 1: September 29th, 30th and October 1st
  • Week 2: October 6th, 7th, 8th
  • Week 3: October 13th, 14th, 15th

Location: Remote/Virtual (Using your own personal laptop/computer)

Program Overview:

  • Unpaid Educational Experience: Participants who complete the program will receive priority during the following internship recruiting season.
  • Introduction to Underwriting: Learn the basics of underwriting, risk analysis, and pricing strategies.
  • Virtual Training Sessions: Engage in interactive virtual sessions led by industry experts to deepen your understanding of underwriting concepts and practices.
  • Case Studies: Apply your knowledge to real-world scenarios and collaborate with peers to analyze risks, make underwriting decisions, and present recommendations.
  • Professional Development: Gain insights into career paths within the insurance industry, receive mentorship from seasoned professionals, and build foundational skills in communication, problem solving, and decision-making.
  • Networking Opportunities: Connect with company leaders, underwriters, and other industry professionals to expand your network and gain valuable insights into the industry.

Required Qualifications:

  • Currently enrolled in an undergraduate program; Sophomore students preferred (12/2028 - 5/2029 Graduation date).
  • Access to a computer with reliable internet connection for virtual sessions.
  • Available for ALL Externship Dates (listed above)

Preferred Qualifications:

  • Majors in: Risk Management/Insurance, Math, Statistics, Business Analytics, Economics (and related majors)
  • Strong analytical skills and attention to detail.
  • Excellent communication and interpersonal skills.
  • Curiosity about the insurance industry and eagerness to learn about underwriting and risk analysis.

Program Highlights:

  • Gain a comprehensive understanding of underwriting and risk analysis from industry leaders.
  • Develop foundational skills essential for a successful career in the insurance industry.
  • Build a professional network and establish connections with insurance professionals.
  • Receive a certificate of completion at the end of the externship.
  • Receive priority in the following underwriting internship recruiting process.

Recruiting Process:

To be considered, please submit a resume with your application. We will be reviewing applications on a rolling basis with the opportunity tentatively closing on Sunday, September 6th, at 11:59 p.m. (ET) or if externship spots are filled sooner. The recruiting process consists of an On-Demand Virtual Interview. We will inform you of an interview decision two weeks after your interview submission.

Embark on a journey of exploration and discovery in the world of underwriting with one of the top insurance companies. Apply now and take the first step towards a rewarding career in insurance!

This role is part of an unpaid program and is not eligible for pay or benefits.

This job does not have an application deadline, as CVS Health accepts applications on an ongoing basis.

Qualified applicants with arrest or conviction records will be considered for employment in accordance with all federal, state and local laws.

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