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    Early Careers: Corporate Risk and Broking Internship- Facultative Reinsurance- Summer 2025 - NYC

    New York, United States

    Early Careers: Corporate Risk and Broking Internship- Facultative Reinsurance- Summer 2025 - NYC

    • 202405476
    • New York, United States
    • Full time
    • Closing on: May 26 2025
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    Description

    Employment-based non-immigrant visa sponsorship and/or assistance is not offered for this specific job opportunity.

    The Business. 

    WTW’s Summer Internship Program serves as the primary pipeline into our full-time Graduate Development Program (GDP) and is designed for university-level students primarily one year away from achieving their bachelor’s degree. 

     The Summer Internship Program is an 8-week learning experience designed for students to gain an understanding of the ever-evolving risk landscape. The internship provides undergraduate students with the opportunity to gain hands-on experience working with world-class clients and colleagues in the insurance industry. The program provides the opportunity for interns to work alongside senior leadership and add value to client-facing exposures from accounts in the Fortune 500 sector to small local business areas. For a complete list of industries our colleagues work with, click here. 

     In addition to core program components, interns are aligned to a specialized business area that will begin to build a technical foundation of knowledge and provide exposure to our clients through meaningful work assignments and projects. The internship program aims to create a collaborative community that contributes to our business through various projects, speaker series, structured training, case studies, networking events, and more. The program is comprised of a structured orientation, goal setting, mentorship, I&D initiatives, group presentations, and a formal performance review process.

    Facultative Reinsurance Overview 

    Facultative Reinsurance is insurance for insurance companies. Carriers buy reinsurance to protect their balance sheets against the impact of large or accumulating losses or specific exposures that are outside their risk appetite. Facultative reinsurance can match the terms of the original insurance policy exactly. Or it can transfer a part of the risk, such as a single location, sub-limit or deductible. Facultative reinsurance can help deliver insurance programs and placements by managing elements of risk that would otherwise make placements difficult. It can give an insurer confidence that they can accept a particular risk outside their appetite, knowing they can protect themselves from the impact of any losses. We bring a one WTW client-centric approach, working with cedants and clients to create innovative structures that deliver the best placement for clients, backed by data and risk analytics. 

    Love your work. 

    • Work alongside colleagues of all levels and learn from WTW Senior leadership from the global scope 
    • Gain exposure to client accounts ranging in the Fortune 500 sector to smaller market local business areas 
    • Collaboratively work with your intern class on priority projects identified by the business.  
    • Support the development and implementation of new strategies and products  
    • Gain insight into various organizational roles across segments and present your job duties and responsibilities. 
    • Dedicated program team to assist with navigation of opportunities within the business. Ongoing learning and development opportunities, including a structured orientation. 
    • Learn and demonstrate select WTW’s analytic models 
    • Develop soft and hard skills through curated professional development training by the Program team 

     

     

    Qualifications

    Role Requirements:

    • Enrolled in a bachelor’s degree program with a target graduation date of May 2026 
    • Preferred Majors: Risk Management, Business, Finance, Economics, Accounting, Liberal Arts, Law, Engineering 
    • Eligible candidates must be going into their senior year in Fall 2025 
    • Minimum of 3.0 GPA or higher 
    • Exceptional interpersonal skills 
    • Excellent written & verbal communication skills  
    • Excellent presentation skills, analytically driven and detail oriented 
    • Aptitude to learn and be proactive  
    • Proficient in time management   
    • Intermediate to advance Excel skills, Proficient in Microsoft Office Suite 
    • Able to work legally in the United States indefinitely and without Visa sponsorship   
    • WTW’s hybrid working environment allows for flexible working schedules with a mixture of both remote and in office time including global collaboration across teams. During the internship, most colleagues are expected to go into the office 3 times a week   

    Compensation and Benefits: Base salary range and benefits information for this position are being included in accordance with requirements of various state/local pay transparency legislation. Please note that base salaries may vary for different individuals in the same role based on several factors, including but not limited to location of the role, individual competencies, education/professional certifications, qualifications/experience, performance in the role and potential for revenue generation (Producer roles only).

    Compensation: The hourly rate being offered for this role is $22 – $25/hr. USD. This role is also eligible for over-time.

    Company Benefits: WTW provides a competitive benefit package which includes the following (eligibility requirements apply):

    • Retirement Benefits: Contributory Pension Plan and Savings Plan (401k). 

    WTW Work Flex:  

    At WTW, we trust you to know your work and the people, tools and environment you need to be successful. The majority of our colleagues work in a ”hybrid” style, with a mix of remote, in-person and in-office interactions dependent on the needs of the team, role and clients. Our flexibility is rooted in trust and “hybrid” is not a one-size-fits-all solution. 

    We understand flexibility is key to supporting an inclusive and diverse workforce and so we encourage requests for all types of flexible working as well as location-based arrangements.  

    Recruiting tips:  

    WTW specializes in preparing for the unknown.  Here’s how to get ready for the big day: https://careers.wtwco.com/hints-and-tips/ 

     

    EOE, including disability/vets 

     

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    Any unsolicited resumes/candidate profiles submitted through our web site or to personal e-mail accounts of employees of Willis Towers Watson are considered property of Willis Towers Watson and are not subject to payment of agency fees. In order to be an authorized Recruitment Agency/Search Firm for Willis Towers Watson, any such agency must have an existing formal written agreement signed by an authorized Willis Towers Watson recruiter and an active working relationship with the organization. Resumes must be submitted according to our candidate submission process, which includes being actively engaged on the particular search. Likewise, for our authorized Recruitment Agencies/Search Firms, if the candidate submission process is not followed, no agency fees will be paid by Willis Towers Watson. Willis Towers Watson is an equal opportunity employer. If you would like to have your contact information saved for future consideration, please email: Agency.inquiries@willistowerswatson.com.

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