Summer 2026 Surety Claims Intern at Nationwide

Avon, Connecticut, United States

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Not SpecifiedCompensation

InternshipExperience Level

InternshipJob Type

UnknownVisa

Insurance, Property and CasualtyIndustries

Requirements

Pursuing Juris Doctorate degree from an accredited law school
Involvement in student activities and/or some work experience
General understanding of basic analytical and financial techniques preferred
Verbal and written communication skills necessary to interact with all levels of internal and external contacts
Ability to evaluate and recommend solutions to work-related problems
Strong analytical skills
Effective time management skills and competencies preferred

Responsibilities

Review of new and existing surety claim demands from claimants and/or their legal counsel
Review and analysis of bond terms and conditions as well as review and analysis of documentation submitted by claimants in support of surety bond claims
Review and discussion of surety bond principal’s position related to claims and factual and/or legal analysis of surety’s potential defenses and obligations regarding the claim
Management of outside legal counsel and review of draft legal pleadings to be filed on behalf of Nationwide related to litigation involving Nationwide issued surety bonds
Determines necessary steps to process work
Makes preliminary determination on validity of claims and makes recommendations to management regarding possible resolution or mitigation of claim exposure consistent with Nationwide’s bonded liability pursuant to applicable law and terms and conditions of the surety bond

Skills

Claims Investigation

Risk Analysis

Negotiation

Analytical Skills

Writing

Surety Claims

Underwriting Support

Nationwide

Provides insurance and financial services

About Nationwide

Nationwide provides insurance and financial services to individuals and businesses across the United States. Their product offerings include auto, home, life, and commercial insurance, as well as retirement and investment solutions. The company operates by underwriting insurance policies and managing investment portfolios, earning revenue through premiums, investment income, and fees for financial services. What sets Nationwide apart from its competitors is its focus on leveraging technology to improve claims processing and policy management, along with its commitment to customer service. Additionally, Nationwide partners with organizations to offer financial education resources, particularly for retirees, aiming to ensure financial security and protect the futures of its clients.

Columbus, OhioHeadquarters

1925Year Founded

$769.7MTotal Funding

N/ACompany Stage

Consulting, Financial ServicesIndustries

10,001+Employees

Benefits

Health Insurance

Dental Insurance

Vision Insurance

Life Insurance

Disability Insurance

Paid Vacation

Paid Holidays

401(k) Retirement Plan

401(k) Company Match

Risks

Competition from insurtech startups like Nexar may challenge Nationwide's market share.

AI-driven platforms like Planck could disrupt traditional insurance models.

Partnerships with AI firms may require significant tech investment and integration efforts.

Differentiation

Nationwide invests in tech-driven platforms like YellowBird and Betterview to enhance services.

Partnership with CLARA Analytics shows Nationwide's focus on AI for operational efficiency.

Collaboration with Funding Circle highlights Nationwide's support for small business growth.

Upsides

Nationwide's $56M loan to Whitestone REIT diversifies its investment portfolio.

Investments in AI and tech platforms could streamline operations and reduce costs.

Supporting small businesses may expand Nationwide's customer base and strengthen relationships.

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