2026 Summer Internship Program

Allied World

Applications Closed

Posted 4 months ago

Internship

Chicago, Illinois

In Person

Smart Summary

Interns will learn about underwriting and gain exposure to various critical service functions within the organization. They will also interact with senior management and develop a network of Allied World employees.

Allied World is seeking rising seniors with a Business, Risk Management, or Insurance background for their 8-week 2026 Summer Internship Program. Interns will gain exposure to underwriting, business development, and various organizational functions, with the potential for full-time placement upon graduation. Strong analytical, leadership, communication, and interpersonal skills are essential, along with a minimum GPA of 3.0.

Must Have Skills for ATS

Analytical Skills

Interpersonal Skills

Problem Solving

Communication Skills

Detail Oriented

Organized

Leadership Skills

Business Acumen

Adaptability

Teamwork

Networking

Negotiation

Risk Analysis

Underwriting

Customer Relations

Time Management

Job Description

JOB DESCRIPTION

Program Overview

Allied World has an exciting opportunity for students with a Business, Risk Management or Insurance specialization looking to launch a career in the insurance industry. We have various spots available in our 8 week long 2026 Summer Internship Program beginning in June. Our structured program combines experiential learning, individual mentoring and training aimed at providing interns with the foundation for a strong underwriting future and a satisfying and rewarding career at Allied World. The intern positions will be in any of our main branch offices (New York, Chicago, Nashville, Los Angeles).

Interns will be assigned to a primary product line, General Casualty or Professional Lines. In addition, interns will learn about each of our critical service functions including actuarial, claims, operations, and business development. After successful completion of our eight-week program and upon graduation, we expect our interns to be placed in full time underwriting positions with the ability to underwrite, with oversight by their department manager, a complex book of business.

Allied World is a global, innovative and cutting-edge insurance company. We continue to expand each year and pride ourselves on hiring top talent to build our business and our brand. Our Summer Internship Program is a highly visible program supported by top executives within Allied World.

Program Components

  • Understanding of Allied World, our history, our mission who we are in the market and our value propositions
  • Understand basics of underwriting – entry level understanding of how to analyze and review accounts, make risk determinations, profitably price risk, and negotiate with brokers
  • Through business development gain exposure to brokers that help grow the Allied World business
  • Learn and interact with other parts of the organization: claims, actuarial, operations, compliance, legal, IT, risk management, loss control
  • A unique opportunity to interact with senior management
  • Create and develop a network of Allied World employees through your experience


  • Rising seniors (undergraduate degree)
  • Enrollment in a Business, Risk Management or Insurance Program (Major/Minor) preferred
  • Minimum GPA of 3.0
  • Student desire to launch a career in the insurance industry
  • Proven leadership skills through extracurricular activities, internships, or work experience
  • Problem Solving: Exceptional analytical skills to maneuver through problems and challenges
  • Interpersonal Savvy: Relates well to all kinds of people, builds constructive and effective relationships, uses diplomacy and tact
  • Action Oriented: High energy and focus.  Ability to work independently and as a team
  • Written and Verbal Communication: Ability to write and speak clearly and succinctly in a variety of different communication settings and styles
  • Detail Oriented and Organized: Ability to orchestrate multiple activities to accomplish a goal
  • Career Ambition: Makes things happen for themselves. Strong desire to learn the insurance industry business
  • Business acumen: Knows how businesses work, knowledgeable of business processes and procedures
  • Adapting to Change: Effectively cope with change, ability to shift gears quickly
  • Must be legally authorized to work in the U.S. on a permanent basis
  • Preference for candidates open to relocation after graduation

***To apply and for further consideration, we are accepting applications via Handshake***

Compensation

Rate: $22.00/hr

Our Business

Allied World Assurance Company Holdings, Ltd, through its subsidiaries, is a global provider of insurance and reinsurance solutions. We operate under the brand Allied World and have supported clients, cedents and trading partners with thoughtful service and meaningful coverages since 2001. We are a subsidiary of Fairfax Financial Holdings, Limited and benefit from a strong capital base and a worldwide network of affiliated entities that allow us to think and respond in non-traditional ways.

Our generous benefits package includes Health, Dental and Disability Insurance, a company match 401k plan, and Group Term Life Insurance. Allied World is an Equal Opportunity and Affirmative Action Employer. All qualified applicants will be considered for employment without consideration of any disability, veteran status or any other characteristic protected by law.

To learn more, visit awac.com, or follow us on Facebook at facebook.com/alliedworld and LinkedIn at linkedin.com/company/allied-world.

Allied World

About Allied World Allied World Assurance Company Holdings, Ltd, through its subsidiaries, is a global provider of insurance and reinsurance solutions. We operate under the brand Allied World and have supported clients, cedents and trading partners with thoughtful service and meaningful coverages since 2001. We are a subsidiary of Fairfax Financial Holdings Limited, and we benefit from a worldwide network of affiliated entities that allow us to think and respond in non-traditional ways. Our capital base is strong, our solutions anticipate rather than react to changing trends, and our teams are focused on establishing long-term relationships that are mutually beneficial. History Allied World was founded in 2001. In the past decade, Allied World has grown from an excess player with four employees in an office in Bermuda to a global company providing innovative property, casualty and specialty insurance and reinsurance solutions internationally. Global Reach Headquartered in Bermuda, with offices in Atlanta, Boston, Chicago, Costa Mesa, Dallas, Dublin, Farmington (CT), Hong Kong, London, Los Angeles, Miami, New York, Philadelphia, San Francisco, Singapore, Toronto and Zug. Allied World strives to provide exceptional service and convenience to our clients and distribution partners. With over 1,400 employees globally, we focus on providing superior customer service and creative risk solutions, building long-term, mutually beneficial relationships. Please refer to our website, www.awac.com, for additional information on our Insurance and Reinsurance capabilities.

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