Summer Internship Program – Broking Placement

Job Description

About the Company (WTW inc.)

WTW (Willis Towers Watson) is a global advisory, broking, and solutions company. They specialize in helping clients mitigate their total cost of risk through deep industry-specific expertise. Their Broking teams deliver superior results for clients’ business and risk management needs. WTW works with clients ranging from Fortune 500 companies to small local businesses across various industries. They are committed to equal employment opportunity and provide application, interview, and workplace adjustments and accommodations. WTW operates with a hybrid working environment, allowing for flexible schedules with a mixture of both remote and in-office time, including global collaboration across teams.

Job Description: Summer Internship Program (Broking Placement)

This is for a Summer Internship Program at WTW, specifically within their Broking teams. This internship serves as the primary pipeline into WTW’s full-time Graduate Development Program (GDP).

Program Overview:

• Duration: 8-week learning experience.
• Purpose: Designed for university-level students primarily one year away from achieving their bachelor’s degree, to gain an understanding of the ever-evolving risk landscape and hands-on experience in the insurance industry.
• Experience: Interns will work with world-class clients and colleagues, including senior leadership, gaining exposure to client-facing accounts from Fortune 500 to small local businesses.
• Structure: The program includes a structured orientation, goal setting, mentorship, Inclusion & Diversity (I&D) initiatives, group presentations, and a formal performance review process.
• Learning: Interns will be aligned to a specialized business area to build a technical foundation, participate in various projects, speaker series, structured training, case studies, and networking events, fostering a collaborative community.

Broking Placement Overview:

• Role of a Broker: To help clients mitigate their total cost of risk by assessing, modeling, and structuring risk.
• Process: Brokers personally escort clients’ risk into the market, leveraging market relationships and negotiation skills to secure quotations from insurance carriers.
• Daily Tasks: While varied, common tasks include preparing and sending out submissions, liaising with markets, analyzing exposures, working through risk models, and negotiating quotations. No two placements are the same.

Responsibilities:

• Work alongside colleagues of all levels and learn from WTW Senior leadership.
• Gain exposure to client accounts ranging from Fortune 500 to smaller local businesses.
• Collaborate with the 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 and present job duties and responsibilities.
• Benefit from a dedicated program team for navigation and ongoing learning and development opportunities.
• Learn and demonstrate select WTW analytic models.
• Develop soft and hard skills through curated professional development training.

Qualifications:

• Education: Currently enrolled in a bachelor’s degree program.
• Target Graduation: May 2027.
• Academic Standing: Must be going into their senior year in Fall 2026.
• GPA: Minimum 3.0 and above.
• Preferred Majors: Risk Management, Business, Finance, Economics, Accounting, Liberal Arts, Geology (BS), Environmental Geology (BS), Sociology.
• Technical Skills: Proficient in Microsoft Office Suite, with intermediate to advanced Excel skills.
• Soft Skills: Exceptional interpersonal skills, excellent written and verbal communication skills, excellent presentation skills, analytically driven and detail-oriented, aptitude to learn and be proactive, proficient in time management.
• Work Authorization: Must be able to work legally in the United States indefinitely and without Visa sponsorship. This means candidates with student visas (CPT, OPT), H-1B, TN, or other temporary work authorizations are considered restricted unless they can present another valid form of work authorization upon expiration that does not require sponsorship now or in the future.

Compensation and Benefits:

• Hourly Rate: $22 – $25 USD.
• Overtime: This role is eligible for overtime.
• Benefits: WTW provides a competitive benefit package, which includes Retirement Benefits such as a Contributory Pension Plan and Savings Plan (401k), subject to eligibility requirements.

Working Environment:

• WTW operates with a hybrid working model, allowing for flexible schedules with a mixture of both remote and in-office time.
• During the internship, most colleagues are expected to go into the office 3 times a week.