The Surety and Fidelity Industry Intern and Scholarship Program for Underrepresented Students provides awards of up to $5,000 to outstanding underrepresented students to support their studies in the areas of insurance/risk management, accounting, economics, or business/finance and to encourage their consideration of the surety industry and surety/fidelity underwriting as a career choice. This program is administered by The Surety Foundation, the educational arm of The Surety & Fidelity Association of America (SFAA).
The internship application will be reviewed by participating SFAA member companies for the summer of 2019. Internships are available at various locations across the United States. Scholarship monies will be awarded upon successful completion of the internship.
Participating insurance companies:
2019 Internship Locations:
West Des Moines, IA
Greenwood Village, CO
New York, NY
St. Louis, MO
Please see the application for further details and to apply.
**Applications must be received by November 23, 2018.**
Underrepresented student* who has completed at least their sophomore year, including at least six semester hours (or equivalent) in your major field
Ideally, a declared business, finance, economics, accounting or insurance/risk management major
Minimum overall GPA of at least 3.0 on a 4.0 scale
Enrollment in an accredited institution as a full-time undergraduate student (12 semester hours or equivalent) and commitment to participating in a six-week (minimum) paid internship with a company in the surety/fidelity industry during the summer following notification of selection and prior to disbursement of scholarship funds
Successful completion of paid internship is required
*For the purposes of this program, The Surety Foundation defines underrepresented as those of African-American/Black, Native American/Alaskan Native, Asian/Pacific Islander or Hispanic ethnic origin, as well as women, disabled students, veterans and those who identify as members of the LGBTQ community.
About Surety & Fidelity Association of America / The SuretyFoundation
The Surety Foundation is a charitable organization founded to increase diversity within the surety and fidelity industry. Recognizing the value of diverse ideas and backgrounds the member companies of The Surety & Fidelity Association of America created this 501(c)(3) organization to fund and administer the Surety and Fidelity Industry Intern and Scholarship Program for Underrepresented Students, as well as develop and implement new educational and public service program initiatives.
The Surety & Fidelity Association of America (SFAA) acts as the thought leader and trusted adviser for the surety and fidelity industry, state and federal agencies and legislators. As a licensed rating agency/advisory organization and trade association, SFAA serves its members, subscribers, federal, state and local government leaders and the public by providing statistical and actuarial data, expertise, advocacy, education and promotion on the value of surety and fidelity bonds.
Our membership is comprised of over 420 companies and accounts for over 97 percent of the surety and fidelity premium written in the United States. The work of the Association is accomplished through the rich divers...ity of its membership - large and small companies, multi- and mono-line, regional, national, global and international.