VC Internship @ Avanta Ventures in Remote

Avanta Ventures

Avanta Ventures is the venture capital arm of CSAA Insurance Group, a AAA insurer. As an affiliate of CSAA Insurance Group, Avanta Ventures is aligned with one of the top personal lines property and casualty insurance underwriters in the United States, and part of the AAA ecosystem that serves over 53 million members.

We are early-stage, thematic investors with a focus across three key areas:

  • Insurtech – using disruptive technologies to create customer-centric insurance solutions
  • Mobility – reinventing personal and commercial mobility through new data, connectivity, and platform technologies
  • Adjacencies – sectors that align with and leverage key attributes of insurance

Beyond investment dollars, Avanta Ventures provides its portfolio companies with deep industry expertise, strategic guidance and unique partnership opportunities.

Internship Summary: We are actively hiring for a Venture Capital Intern! This summer, we are looking for motivated individuals looking to begin a career in our Strategy & Innovation department to support our Venture Capital team. Over the course of the program, you’ll work closely with the team to create an investment thesis and develop your own point of view around a specific focus area.

CSAA Internship Program: As an intern, you will participate in an 11-week summer internship experience with an emphasis on hands-on learning and real-world immersion into our business. Our interns participate in professional development and job-specific training and plenty of networking opportunities to gain deep understanding of their role and department while also broadening their knowledge of CSAA’s business. We offer an Intern Hackathon, executive meet and greets, community service opportunities, and social bonding activities to help you stay connected.

Internship Details: The anticipated dates of our 2023 summer internship will be May 22-August 4, but these dates can be flexible as needed. This role is remote or hybrid if nearby the Mountain View, CA area. The anticipated hourly rate for this role is $50.00.

Your Role

  • Work with the venture capital team to actively engage in the start-up ecosystem, including founders and other venture capital investors
  • Conduct research to understand the mobility and insur-tech industry trends, map out the industry ecosystem value chain, and identify and diligence attractive investment opportunities
  • Support core investment processes from deal sourcing to diligence and execution
  • Present investment thesis and recommendations to the team

Who You Are

  • Current MBA student, ideally graduating on or after May 2024.
  • Previous work experience in strategy consulting, private equity, venture capital, or investment banking
  • Entrepreneurial mind-set with a passion for technology and start-ups
  • Highly analytical, logical and enjoy leveraging data to draw conclusions
  • Effectively work in an independent, structured and goal-oriented manner
  • Hungry, disciplined and a self-starter
  • Humble and enjoy working as part of a team.
  • Shows respect for differences through exemplary communication skills with people from an array of backgrounds.
  • Must be eligible to work in the US

Supplemental Application:

  • Brief write-up to answer the following question – “What is a company or sector you think we should invest in and why?” Please attach this in your application in a PDF, Word Doc, or PowerPoint format.

CSAA IG Careers

As part of our values, we are committed to supporting inclusion and diversity at CSAA IG. We actively celebrate colleagues’ different abilities, sexual orientation, ethnicity, and gender. Everyone is welcome and supported in their development at all stages in their journey with us.

We are always recruiting, retaining, and promoting a diverse mix of colleagues who are representative of the diversity in the U.S. workforce. This diversity gives us a great opportunity to have access to a broad range of ideas and allows us to give you the wide mix of products you know and expect from CSAA.

At CSAA IG, we’re proudly devoted to protecting our customers, our employees, our communities, and the world at large. We are on a climate journey to continue to do better for our people, our business, and our planet. Taking bold action and leading by example. We are citizens for a changing world, and we continually change to meet it.

Confidence can sometimes hold us back from applying for a job. But we’ll let you in on a secret: there’s no such thing as a ‘perfect’ candidate. CSAA IG is a place where everyone can grow. So however, you identify and whatever background you bring with you, please apply if this is a role that would make you excited to come into work every day. Join us if you…

  • BELIEVE in a mission focused on building a community of service, rooted in inclusion and belonging.
  • COMMITT to being there for our customers and employees.
  • CREATE a sense of purpose that serves the greater good through innovation.