Summer 2026 Surety Claims Intern at Nationwide

Avon, Connecticut, United States

Nationwide Logo
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

Key technologies and capabilities for this role

Claims InvestigationRisk AnalysisNegotiationAnalytical SkillsWritingSurety ClaimsUnderwriting Support

Questions & Answers

Common questions about this position

What does a typical day look like for the Surety Claims Intern?

A typical day might include reviewing surety claim demands, analyzing bond terms and documentation, discussing the principal's position, managing outside legal counsel, and making recommendations on claim validity and resolution.

What skills are needed to succeed as a Surety Claims Intern?

Success requires excellent writing, analytical and negotiation skills, and a desire to develop efficient claim resolutions in accordance with Nationwide’s bonded obligations.

What is the employment type for this internship?

The position is full time.

What is the company culture like for interns at Nationwide?

The award-winning culture ensures interns feel welcomed, challenged, and encouraged, with professional development sessions, networking events, and collaborations with company leaders.

What makes a strong candidate for the Surety Claims Intern role?

A strong candidate is passionate about helping people protect what matters most, innovating processes, and delivering extraordinary care, with the skills and interest in surety claims work typically expected for an intern position.

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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