Underwriting Intern 2026 at Allstate Insurance Company

Richfield, Ohio, United States

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Not SpecifiedCompensation

InternshipExperience Level

InternshipJob Type

UnknownVisa

InsuranceIndustries

Requirements

Currently enrolled in a Bachelor's degree (B.A.) from a four-year college or university, pursuing a degree in Marketing, Math, Statistics, Insurance or Risk Management, Business or Economics
Anticipated graduation date ranging from Fall/Winter 2026 to May 2027
Prior experience using Microsoft Word, Excel and PowerPoint
Ability to read and interpret documents
Ability to write reports and defend conclusions

Responsibilities

Assist with pricing model updates
Assist with captive program renewal support
Enter data to support submissions

Skills

Underwriting

Risk Management

Insurance

Commercial Insurance

Transportation Insurance

Allstate Insurance Company

Provides a range of insurance products

About Allstate Insurance Company

Allstate provides a variety of insurance products, including auto, home, and life insurance, aimed at protecting individuals and families from financial risks. The company operates by selling insurance policies, which customers pay for through premiums. These premiums are then invested to generate returns for the company. Allstate distinguishes itself from competitors by offering a multi-channel distribution approach, allowing customers to purchase insurance through agents, online platforms, or partnerships with other financial services. The company's goal is to ensure customer satisfaction and reliability, as reflected in their slogan, "You're in Good Hands with Allstate," while also promoting diversity and engaging in corporate social responsibility initiatives.

Northbrook, IllinoisHeadquarters

1931Year Founded

IPOCompany Stage

Financial ServicesIndustries

10,001+Employees

Benefits

Flexible Work Hours

Risks

Natural disasters due to climate change lead to higher insurance claims, impacting profitability.

Insurtech companies increase competition, potentially affecting Allstate's market share.

Regulatory scrutiny over data privacy could lead to increased compliance costs for Allstate.

Differentiation

Allstate offers a diverse range of insurance products, including auto, home, and life.

The company uses a multi-channel distribution strategy to reach a broad audience.

Allstate is committed to inclusive diversity and corporate social responsibility initiatives.

Upsides

Increased adoption of telematics allows for personalized premiums and better risk assessment.

Climate change drives demand for new insurance products covering emerging risks.

Growing digital insurance platforms enable Allstate to reach younger, tech-savvy consumers.

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