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***THIS APPLICATION NEEDS TO BE DONE ON A COMPUTER - IT WON'T WORK ON MOBILE. Be sure to upload your resume here***
Background: We’re looking for an intern who wants to expand their skills and build their business and operational experience while learning the insurance industry from the inside. The founders have 20+ years of experience and are both experienced entrepreneurs, executives, and investors and have run insurance businesses as well as several other types of businesses. We are building a large insurance distribution business including many agencies. We have a small 2-year old MGA which creates custom insurance products and we have acquired a 30-year old multi-location independent P&C insurance agency (https://atozinsuranceonline.com/.) The agency has both personal lines and commercial lines. We are building out operations at this agency as our platform on which we'll be acquiring other P&C retail agencies. You’ll be helping us optimize processes, technologies and overall operations.
OVERVIEW
You’ll learn to work inside a growing agency and see all aspects of the agency. This role will work with and learn about all parts of the agency – sales, support, marketing, finance, compliance and analytics. Someone considering a career in insurance or risk management would benefit tremendously from this role whether they want to work with a carrier, agency, MGA reinsurer, or corporate risk manager. The skills will also be good generally in other industries too. You’ll interact with leadership of the holding company, agency leadership and client facing staff.
This will give you demonstrable results in your resume and interviews for full-time roles when you graduate. When you're done with the internship you'll be able to demonstrate to future employers what you accomplished in the company. We will have full-time employee roles available in the future.
What you'll learn:
You'll learn more in this internship than a year in school. This is intended to be a part-time internship lasting 1 semester. However some interns enjoy and learn so much from the experience they ask to stay on a 2nd semester and we have allowed that if you're performing wells.
This is an unpaid internship.
Most companies wouldn’t give student interns anywhere close to the scope and responsibility that we will - many internships remain fairly theoretical, however, we're confident that a smart, hard-working student with the right guidance can be successful.
3 Recent interns in other roles with us said
An unforgettable internship where I had a fantastic time honing my skills. Guillermo, Babson MBA student
You struck a difficult chord of giving autonomy & guidance, it doesn’t get more real and important than this internship. Dylan, Emory MBA student
I found my internship fascinating. You will grow personally and professionally, don't hesitate to take this opportunity. Pepe, Babson MBA student
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QUALIFICATIONS:
Our Responsibilities & Commitment to You
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Paul is a serial entrepreneur, experienced executive, board member, angel investor, and Harvard MBA. He started his first company in undergrad and sold it upon graduation to pursue consulting with The Boston Consulting Group before later going back into startups. For the past 20 years he has had exits and been involved in many private equity owned businesses both early stage and LBO. He's on several early stage company advisory boards and advises private equity firms. He's been involved from the beginning of over a dozen start-ups. In operating companies he has experience building and leading marketing; sales; product management; and business development.
Jude is a Wharton MBA with 20+ years of experience founding, acquiring, and restructuring companies. He has sold 2 companies that he ran. He had an early vision about the power of data science and was the Founder of IRIS Consulting. The firm provided data analytics and pricing optimization services for corporate clients. Jude then started Geminus Capital Partners, a private investment firm focused on acquiring and restructuring companies. He has repeated success increasing revenue, profitability, and productivity resulting in up to 3x the return of invested capital to investors. In 2008 through a search fund Geminus Capital Partners acquired Penn Warranty, a vehicle service warranty and insurance company. He leveraged his experience in AI and data analytics and transformed the company into one of the most technologically advanced, innovative, and profitable companies in its sector. The successful restructuring included targeted divestitures and acquisitions, and optimizing operational efficiency which resulted in a stronger balance sheet, higher productivity, brand improvement and ultimately – revenue and profit growth. He also executed a successful exit strategy, selling the company to Kingsway Financial (NYSE: KFS) in 2019. He has deep operational expertise in quantitative analysis and optimization, operational and financial restructuring, multi-channel sales and marketing, and team leadership. He has developed, managed, and mentored teams across multiple functions.
Our Official Bios: https://embedded-capital.com/our-team/
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Paul’s Background
Startup Companies
PE/VC Funds worked with
Select Boards, current or former
Jude’s Background
Companies:
Boards
Open to all students - International students or otherwise - who are studying in the US or Canada during the term they intern with us
No need for a cover letter
***THIS APPLICATION NEEDS TO BE DONE ON A COMPUTER - IT WON'T WORK ON MOBILE***
***You must answer the brief questionnaire that follows to be considered for this role***
Embedded Capital is different. We are seasoned executives and investors and experienced and licensed in insurance. We started Embedded Capital to partner with entrepreneurs and family businesses in order to create value and scale through strategic acquisitions of insurance agencies while leveraging our novel custom insurance products and distribution channels to grow the businesses.
We accomplish this through our customized suite of innovative, technology-driven solutions that improve the customer experience and access to innovative insurance products while reducing underwriting inefficiencies.