About the position
HITT Contracting, a Washington Post Top Workplace, seeks a summer intern to join our Insurance & Risk Management team in the Falls Church, VA headquarters office. While gaining firsthand understanding of a dynamic and fast-growing general contractor, this individual will provide administrative assistance to support the operations of the Insurance & Risk Management Department. This position reports directly to the Vice President, Insurance & Risk Management and will be mentored and managed on a day-to-day basis by multiple members of the Insurance & Risk Management team. This internship will include both property & casualty underwriting and claims and will expose the candidate to the processes related to running a successful captive insurance company. This internship will provide a robust exposure to an in-house risk management department at a large national construction company and its affiliated companies. This internship will include a fundamental understanding of the construction industry and will provide the intern an opportunity to network with other members of HITT internship program and the AEC industry. The ideal candidate is an independent thinker who is both solutions driven and coachable and open to feedback. Therefore, an analytical and critical thinking mindset is essential. The key to this position is also a great attitude, high attention to detail and a sense of urgency in providing a service to internal and external clients.
Responsibilities
- Participate property casualty underwriting and placement for multiple operating companies in construction and risk management
- Evaluate contractual insurance requirements and make recommendations to team on insurance sufficiency or insufficiency
- Review and evaluate insurance policies, endorsements, and certificates of insurance
- Learn risk finance and risk transfer principles through support of subcontractor compliance processes
- Evaluate incident reports and advise appropriate impacted policies
- Collect, maintain, and analyze data and report on findings
- Cultivate and promote positive relationships with HITT internal teams and external brokers, insurers, claims professionals, subcontractors and other third parties
- Model Total Cost of Risk exhibit for leadership
- Research insurance market conditions and write executive summary content for board reporting
- Other duties as assigned
Requirements
- Current student pursuing an undergraduate or graduate degree from an accredited university in Insurance, Risk Management, Enterprise Risk Management, Finance, Business Administration, or related fields
- Rising junior or senior preferred
- A self-starter with a can-do attitude
- Excellent written and oral communication skills with an ability to communicate effectively internally and externally
- Must be able to work efficiently in a deadline-oriented environment while maintaining quality
- Must be able to apply professional judgment in making recommendations in response to identified risks
- Proficient user of Microsoft office including Excel and PowerPoint
- Must be able to maintain confidentiality in all business matters
- Progressive thinker - we are seeking a candidate who loves process improvement
- Strong interest in construction processes, risk management, safety, and insurance
- Must have strong teamwork and collaboration skills
