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Business Development Intern

Company:
Sompo International
Location:
Manhattan, NY, 10008
Posted:
September 30, 2025
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Description:

As a leading provider of insurance and reinsurance with worldwide operations and employees in Bermuda, U.S., U.K., Continental Europe and Asia, we recognize that our success is derived directly from those who matter the most: our people.

At Sompo International, our values of integrity, collaboration, agility, execution and excellence underpin our culture and our commitment to providing an employee experience that attracts and engages the best talent in the industry.

As we continue to grow, we strive to find diverse, innovative and driven professionals to join our teams and offer a broad range of career and development opportunities at all levels, in multiple business areas, in each of our locations throughout the world.

Our compensation and benefits programs are market driven and competitive, with excellent family friendly policies and flexible working provisions.

Job Description We are seeking a Summer 2026 Business Development Intern in New York, NY.

The Internship Program is a 10-week development initiative designed to provide professional growth with potential long-term opportunity for successful individuals interested in the Insurance/Reinsurance industry.

Business development Interns work in partnership with the business development team along with underwriters to facilitate relationships with agents and brokers that support our underwriting philosophy and expansion.

This can include seeking new business opportunities, building, and sustaining connections with existing clients, entering strategic partnerships, and devising other plans to boost profits and market share.

What can I expect as an Intern?

On-the-job Learning Insurance requires a high degree of experience and expertise - something you can't learn in the classroom.

Sompo International interns are immersed in the day-to-day activities of their team, assisting Underwriters in exposure analysis and operational analysis of insureds, compiling a competitor analysis from a publicly available database, working with Underwriting Assistants in developing renewal lists, contacting brokers for submissions, and accompany underwriters during internal meetings and occasional external marketing calls.

Activities, Learning and Development Throughout the program, Interns will have the opportunity to hear from executive leaders, participate in structured, engaging leadership learnings, participate in networking events and activities with peers, members of our Executive team and outside brokerage firms, and be part of a project to present to their manager and mentor.

What will I need to be as an Intern?

Qualifications • Currently enrolled in a bachelor's degree program with a minimum GPA of 3.0 • Excellent verbal and written communication skills • Strong analytical and quantitative and interpersonal skills • Ability to work in a fast-paced team environment with rapidly changing priorities and demands.

Ability to collaborate an absolute must • Strong proficiency using Microsoft Office (Excel, Word, PowerPoint); ability to analyze, consolidate and summarize findings in a PowerPoint presentation • Local to the desired office location or able to secure housing and transportation in the area • Eligible candidates must be at least 18 years old and authorized to work in the United States without restriction Salary Range: $20- $22/hr.

Actual compensation for this role will depend on several factors including the cost of living associated with your work location, your qualifications, skills, competencies, and relevant experience.

In today's world, what do we stand for?

Ethics and integrity are the foundation of delivering on our commitment to you.

We believe that core values drive success, and that when relationships are held in the highest regard, there is nothing that cannot be accomplished.

At Sompo International, our ring is more than a logo, it is a symbol of our promise.

Click here to learn more about life at Sompo.

Sompo International is an equal opportunity employer and we intentionally value inclusion and diversity.

Above all, we want you to work in an environment that respects everyone's unique contributions - we are passionately committed to equal opportunities.

We do not discriminate based on race, color, religion, sex orientation, national origin, or age.

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