Job Title: Underwriting Intern 

Department: Underwriting 

Reports to: Underwriting Manager 

Position Summary:

The Underwriting Intern will learn about workers’ compensation insurance and the fundamentals of the underwriting function. Key concepts include learning how underwriters assess employers’ operations and hazards to accurately and competitively develop appropriate premium. The Underwriting Intern will utilize training, our underwriting guidelines, and predictive analytics tools to evaluate and service policies, answer customer questions, issue endorsements, and build and maintain relationships with our policyholders and agent partners.

Essential Functions:

• Gather, evaluate, and organize all relevant underwriting data to support decision-making.
• Assess accounts to determine appropriate risk selection within designated authority limits.
• Determine account pricing, underwriting conditions in accordance with industry regulations
• Apply underwriting decisions aligned with the organization's defined risk appetite
• Review and process policy renewals, audits, endorsements, cancellations, and re-writes within assigned authority.
• Document underwriting decision
• Provide timely and professional communication to customers
• Conduct business sector analysis by agency, policy size, class code, and geographic region to identify profitability trends, growth opportunities, and predictive model performance.

Job Qualifications

Education: 

Pursuing a bachelor’s or master’s degree.

Experience:

•  You’re highly motivated and you work well in a close-knit, collaborative environment. 
•  You know how to use information technology, data and other resources to identify solutions and innovations. 

Required Skills/Abilities:

• Highly motivated individuals that work well in a team environment. 
• Think strategically and critically. 
• Leverage information technology, data and other resources to identify solutions and innovations.  
• Hold a strong desire and curiosity to learn the insurance business. 
• Demonstrate and develop excellent written, verbal and interpersonal communication and professional skills. 
• Are compatible with New Mexico Mutual's Corporate Values.  

Specialized Knowledge, Licenses, etc.:

Demonstrated proficiency in Microsoft Office Suite (Word, Excel, PowerPoint, Outlook)  

Values and Mission:

Adheres to New Mexico Mutual’s values and mission by demonstrating Service Excellence, Trust, Ownership, One Team and Boldness in thought and action. 

Positive Attitude: 

Develops and maintains positive working relationships with team members, customers, coworkers and Management by demonstrating effective communication and collaborative skills.

Working Conditions:

• NEW MEXICO MUTUAL maintains general office conditions with light demands.  
• Employees of NEW MEXICO MUTUAL adhere to all safety rules and regulations including building security. 
• Employees participate in ensuring safe and efficient operating conditions that safeguard employees and facilities. 
• NEW MEXICO MUTUAL maintains a drug free environment; drug testing prior to employment as well as upon a work-related accident. 
• Exposure to VDT screens.