Underwriting Intern

B

BCS Financial Corporation

Applications Closed

Posted about 2 months ago

Internship

Oakbrook Terrace, Illinois

Hybrid

Smart Summary

The intern will work alongside Underwriting Analysts on stop loss prospects, verifying system setups against group and state guidelines, and entering large claimant and first dollar claim information.

BCS Financial is seeking an Underwriting Intern with strong analytical and communication skills. This internship is open to rising juniors, seniors, or recent graduates with a bachelor's degree in Finance, Accounting, Mathematics, or a related field, and requires proficiency in Microsoft Office, particularly Excel. The role is hybrid, requiring presence in the Oakbrook Terrace, IL office at least two days a week.

Must Have Skills for ATS

Analytical Skills

Data Entry Skills

Oral Communication

Written Communication

Microsoft Word

Microsoft Excel

Confidentiality

Job Description

Position Overview 

The Underwriting Intern will participate in BCS Financial Corporation’s 6-9 month Internship program. The intern will work in within BCS’ Underwriting department under assigned Supervisors, to gain a thorough understanding of BCS’ business operations and real-world work experience in an office setting. The ideal candidate will be an active college student, recently enrolled or currently attending, in their Junior or Senior year of a qualifying Bachelor’s degree program, or a college student who has recently graduated from a qualifying Bachelor’s degree program. They must have strong analytical skills, and must be proficient with Microsoft Office, specifically with Word and Excel. 

This position will report to their assigned Intern Supervisor(s). 

Essential Elements 

  • Working alongside the Underwriting Analysts on stop loss prospects that are set up for Underwriters.
  • Verify system set up of group, UW/State guidelines, expenses, & broker agreements.
  • Reviewing and entering large claimant information & first dollar claim information; Entering quote contingencies.

Requirements 

Education and Certifications 

  • Currently enrolled in a full-time post-secondary education, ideally in a degree program concentrating in Finance, Accounting, Mathematics or related fields with minimum GPA of 3.00 required.
  • Proof of enrollment on track to graduate between December 2025 and June 2026.
  • Ability to maintain a high level of confidentiality

Experience  

  • Strong analytical and data entry skills.
  • Excellent oral and written communication skills.
  • Proficiency with Microsoft office software, especially Microsoft Word and Excel.
  •  An interest in pursuing a career in insurance.

Travel Required 

  • This role is hybrid and required to be in Oakbrook Terrace, IL main office at least 2 days per week.

Competencies 

BCS Core Competencies 

Informing, Customer focus, Action oriented, Drive for results, Learning on the fly, Courage  

B

BCS Financial Corporation

BCS Financial Corporation has more than 75 years of experience providing a wide range of insurance and financial solutions for Blue Cross and Blue Shield organizations and commercial partners nationwide. With four primary product segments – supplemental health solutions, large claim solutions, specialty risk solutions, and financial service solutions – BCS is the strategic partner to deliver growth, diversification, and protection solutions to the market. Through its subsidiaries, BCS Insurance Company and 4 Ever Life Insurance Company, BCS is licensed in all 50 states and is rated A (Excellent) by A.M. Best. BCS Financial is headquartered in Oakbrook Terrace, Ill. Learn more at bcsf.com.

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