Underwriting & Risk Summer Internship
At a glance
- Pay
- $17-$21/hr
- Location
- Philadelphia, PA
- Work type
- Hybrid
- Category
- Finance
Summer Underwriting & Risk Management Internship in Philadelphia, PA. Program provides exposure to insurance underwriting, risk assessment, data analysis, and project work with real business impact. Hybrid schedule with in-office days; 10-week program running June through August; base pay $17.68-$21.87/hour.
What they are looking for
Location: Philadelphia, PA
Job Responsibilities and Requirements
Building connections. Growing careers.
Summer Underwriting & Risk Management Internship
The Summer Underwriting & Risk Internship provides students with an introduction to insurance underwriting and risk assessment. Interns will learn how underwriting decisions are made, evaluate risk factors, and support analytical projects that contribute to business growth and profitability.
What You'll Do
Assist with underwriting analysis and research projects
Review data and identify trends that help inform risk decisions
Support team reporting, documentation, and process improvement efforts
Gain exposure to insurance products, pricing, and risk management principles
Partner with underwriting professionals on real business challenges
Present project outcomes and recommendations to leaders at the conclusion of the internship
What We're Looking For
Pursuing a degree in Risk Management, Insurance, Finance, Business, Economics, Mathematics, or a related field
Strong analytical and critical-thinking abilities
Attention to detail and ability to interpret data
Interest in insurance, risk assessment, and financial services
Why Join Us?
This internship offers the opportunity to apply classroom learning, build actuarial skills, and contribute to meaningful projects that support real business decisions. As part of Reliance Matrix’s 10-week Summer Intern Program, running from June through August, you’ll gain exposure to our business, mission, and culture through both team-based work and program-wide experiences.
Interns follow Reliance Matrix’s enterprise three-day hybrid schedule, with Tuesdays and Wednesdays required in office, and should plan to participate for the full duration of the program. Along the way, you’ll join a collaborative team that values curiosity, growth, and hands-on learning while connecting with leaders and peers across the organization.
Program highlights include professional development trainings, a senior leader speaker event, a corporate charity fundraising project, Reliance Matrix Foundation events such as a Philadelphia Museum of Art trip, and networking opportunities within Tokio Marine Group.
The expected hiring range for this position is $17.68 - $21.87 hourly for work performed in the primary location (Philadelphia, PA). This expected hiring range covers only base pay and excludes any other compensation components such as commissions or incentive awards. The successful candidate’s starting base pay will be based on several factors including work location, job-related skills, experience, qualifications, and market conditions. These ranges may be modified in the future.
Work location may be flexible if approved by the Company.
What We Offer
At Reliance Matrix, we believe that fostering an inclusive culture allows us to realize more of our potential. And we can’t do this without our most important asset—you.
That is why we offer a competitive pay package and a range of benefits to help team members thrive in their financial, physical, and mental wellbeing.
Our Benefits
An annual performance bonus for all team members
Generous 401(k) company match that is immediately vested
A choice of three medical plans (that include prescription drug coverage) to suit your unique needs. For High Deductible Health Plan enrollees, a company contribution to your Health Savings Account
Multiple options for dental and vision coverage
Company provided Life & Disability Insurance to ensure financial protection when you need it most
Family friendly benefits including Paid Parental Leave & Adoption Assistance
Hybrid work arrangements for eligible roles
Tuition Reimbursement and Continuing Professional Education
Paid Time Off – new hires start with at least 20 days of PTO per year in addition to nine company paid holidays. As you grow with us, your PTO may increase based on your level within the company and years of service.
Volunteer days, community partnerships, and Employee Assistance Program
Ability to connect with colleagues around the country through our Employee Resource Group program
Our Values
Integrity
Empowerment
Compassion
Collaboration
Fun
EEO Statement
Reliance Matrix is an equal opportunity employer. We adhere to a policy of making employment decisions without regard to race, color, religion, sex, national origin, citizenship, age or disability, or any other classification or characteristic protected by federal or state law or regulation. We assure you that your opportunity for employment depends solely on your qualifications.
#LI-Hybrid .