Rotational Insurance Specialist (RIS)

The Details: At Palomar, our commitment to a fresh perspective on specialty insurance begins with great talent; people guided by an entrepreneurial spirit who bring diverse perspectives to work. We are seeking recent graduates and early-career professionals to join our Rotational Insurance Specialist (RIS) Program beginning in September 2027. The RIS Program offers early-career professionals a structured, 18-month path through one of five capability-based rotational tracks.

The program is designed to accelerate technical and professional development, build durable relationships across departments, and give each participant a well-rounded view of both the insurance industry and Palomar as a company, while creating a qualified, well-prepared pipeline of future Palomar talent.

Rotational Insurance Paths: Insurance Execution, Actuarial, Capital Strategy, Digital Insurance & AI, and Product & Portfolio Strategy.

1.      Insurance Execution: Builds end-to-end fluency in how work is prioritized, executed, and translated into disciplined risk selection.

·        Department Focus: Underwriting and Operations

2.      Actuarial Rotational Program: Develops a complete actuarial foundation across data quality, portfolio performance, and forward-looking risk pricing through a three-facet actuarial experience. (Must be sitting for an Actuarial Exam)

·        Department Focus: Analytics, Reserving, Pricing

3.      Capital Strategy: Builds capital fluency through growth strategy, risk transfer, and investment decision-making.

·        Department Focus: Reinsurance, Investments, and Corporate Development

4.      Digital Insurance & AI: Applies automation, data, and technology to redesign work, scale processes, and improve business enablement.

·        Department Focus: Technology, Data & Analytics

5.      Product & Portfolio Strategy: Connects risk selection to product design and portfolio-level decisions across the insurance value chain.

·        Department Focus: Product, Underwriting & Claims

What will you do? (Job Duties)

The RIS Program is organized around five capability-based paths, each built from a data-driven analysis of overlap and adjacency across Palomar's departments. Each rotation includes clear learning objectives, a dedicated manager or mentor, and formal performance feedback.

Activities vary by path and rotation, and can include:

·        Building insurance knowledge and exposure across multiple product lines

·        Increasing business acumen through interaction with cross-functional teams

·        Researching new product opportunities and their financial implications

·        Key performance indicator (KPI) development

·        Assisting with presentations and report preparation

·        Customer account set-up and customer service activities

·        At the conclusion of the 18-month program, Palomar determines the department each specialist is most interested in, evaluates performance and prepares a budget review based on that department's needs.

·        Permanent placement decisions occur only after all three rotations are complete.

What we are looking for: (Experience)

The RIS Program is designed for early-career professionals including graduating seniors who want structured, cross-functional exposure to the specialty insurance industry rather than a single fixed role.

·        Bachelor's degree in a relevant field and a genuine interest in developing a career in insurance, risk management, or financial services.

·        0+ years of professional work experience (prior internship experience preferred) and the ability to begin the RIS Program in September 2027.

·        Strong academic performance and demonstrated interest in insurance, risk, finance, data, or a related field

·        Curiosity and comfort operating across multiple departments and disciplines

·        Ability and willingness to relocate, if needed, and work in a hybrid environment aligned with the assigned team and rotation schedule (typically 2-3 days onsite per week).

·        Professionalism, adaptability, and strong communication skills

·        Actuarial Rotational Program: coursework or demonstrated aptitude in mathematics, statistics, or actuarial science is preferred. Must be taking Actuarial exams to qualify.

We love people who want to: 

·        Build strong relationships through transparency, trust, and respect for each other.

·        Collaborate and celebrate diverse perspectives, promoting inclusivity and equality.

·        Zoom in and out between strategic and tactical.

·        Demonstrable record of working autonomously and driving progress.

·        Be intellectually curious, think creatively, and pragmatic.

·        Be hands on with their team and roll up their sleeves.

If you thrive in a dynamic environment, and like working with happy, authentic, talented people, you will enjoy a career with Palomar!

We love people who want to: 

• Build strong relationships through transparency, trust, and respect for each other.
• Work in an agile environment, with a resilient mindset to find creative solutions to challenges.
• Collaborate and celebrate diverse perspectives, promoting inclusivity and equality.
• Do the right thing with strong conviction and integrity.
• Be bold and innovative to help make an impact.
• Demonstrable track record of working autonomously and driving progress
• Be intellectually curious, think creatively, and pragmatic

If you thrive in a dynamic environment, and like working with happy, authentic, talented people, you