Summer Associate - Corporate Underwriting (Bala Cynwyd,...

DescriptionMarketing Statement:Philadelphia Insurance Companies, a member of the Tokio Marine Group, designs, markets and underwrites commercial property/casualty and professional liability insurance products for select industries. We have been in operation since 1962 and are nationally recognized as a member of Ward's Top 50 and rated A++ by A.M.Best.The Summer Associates Program is PHLYs exclusive internship experience. It will require students to think critically about the daily responsibilities of an insurance professional. You will learn the ins and outs of the internal systems and work alongside professionals to complete team and company objectives. You will learn the impact of your department on the overall company and its success.The Corporate Underwriting team is responsible for developing and tracking various underwriting initiatives such as dynamic portfolio optimization (DPO), priority accounts, and umbrella capacity management. The team also oversees property catastrophe aggregates, pricing tools, and peril-specific guidelines, and provides regular and ad hoc analyses by line of business, product, and cat peril in support of underwriting profitability.Tasks/Projects: Participation in weekly regional and team underwriting meetings. Shadow underwriters to learn and understand key components of common products in the specific line of business as well as learn and maintain knowledge of company workflow and procedures. Interact directly with internal PHLY teams in Insurance Operations and Marketing. Support the new and renewal submission process. Learn the details of the underwriting guidelines and authority levels within the department.Program Overview/Benefits: Program runs June 1, 2026-August 7, 2026; Monday through Friday, 8:30-5:00pm LT Hybrid Schedule – 3 days minimum in the office/week Participation in a team project; teams meet weekly to collaborate and prepare their final presentation which will be delivered to the leadership team at the end of the program Attend weekly department overview presentations delivered by Senior Leadership to gain knowledge of the company and industry Weekly meetings with your assigned mentor On the job training within the department at the direction of the supervising manager Volunteer Opportunities Hourly rate range $21.00-$22.00 depending on year in school Opportunities within the program are available nationwide. Refer to each posting for the intended location of the assignment Qualifications Rising Junior or Senior pursuing a bachelor’s degree Involvement in community and extracurricular activities is preferred Excellent written and verbal communication skills Excellent customer service skills Maintain a cumulative GPA of 3.0 or higher EEO Statement:Tokio Marine Group of Companies (including, but not limited to the Philadelphia Insurance Companies, Tokio Marine America, Inc., TMNA Services, LLC, TM Claims Service, Inc. and First Insurance Company of Hawaii, Ltd.) is an Equal Opportunity Employer. In order to remain competitive we must attract, develop, motivate, and retain the most qualified employees regardless of age, color, race, religion, gender, disability, national or ethnic origin, family circumstances, life experiences, marital status, military status, sexual orientation and/or any other status protected by law.Benefits:We offer a comprehensive benefit package, which includes tuition reimbursement and a generous 401K match. Our rich history of outstanding results and growth allow us to focus our business plan on continued growth, new products, people development and internal career opportunities. If you enjoy working in a fast paced work environment with growth potential please apply online.Additional information on Volunteer Benefits, Paid Vacation, Medical Benefits, Educational Incentives, Family Friendly Benefits and Investment Incentives can be found at REQNUMBER: 10000763

Created: 2026-03-10