Product Management Development Program (PMDP) Intern
Hartford, CT
Internship
Onsite
$25/hr - $27/hr
Intern
Travelers is a leading property casualty insurer with a commitment to customer care and innovation. The Product Management Development Program Intern will engage in various projects within the Product Management organization, focusing on pricing, underwriting, and market analysis.
Responsibilities
PMDP internships are designed to be challenging and developmental. Interns are given the opportunity to work on a wide variety of projects during the course of the summer. Some examples of these projects include:
A group capstone project, which is a summer-long project that culminates with a final presentation to senior management and other members of our Personal Insurance and Select Small Commercial businesses.
Quantifying the impact of pricing and underwriting decisions.
Analyzing the marketplace first-hand through competitor and industry data.
Participating in the negotiation of pricing decisions with various distribution channels, including conversations with sales/agencies in the field.
Researching and analyzing industry trends, competitor activity and regulatory changes.
Developing and implementing underwriting guidelines and product coverage enhancements.
Collaborating with Finance, Actuarial, Field Sales, Research and Development, Risk Management, Claim, and other areas of the Product Management Organization.
Participating in introductions of new products and enhancements to multi-site territories.
Perform other duties as assigned.
Qualification
Required
You must be pursuing a Bachelor's or Master's Degree.
Legally eligible to work in the United States on a permanent full-time basis.
Demonstrated leadership skills.
Ideal candidates will have the ability to deal with concepts and complexity comfortably, and exhibit the ability to drill down on information and draw conclusions.
Preferred
A cumulative GPA of 3.0 or greater is preferred.
Involvement in extracurricular activities is preferred.
Experience with Microsoft Excel, PowerPoint, Office and Access is a plus.
Work availability from early June through August (10-12 weeks).
Suggested majors: Finance, Economics, Actuarial Science, Mathematics/Statistics, Risk Management and Insurance, Engineering, Other Business-Related Majors.
Benefits
Performance-based cash incentive awards
Subsidized apartments are available for students who live beyond a commutable distance from Hartford, CT
Travelers provides insurance coverage to protect the things that are important to you – your home, your car, your valuables and your business.
