District of Columbia Regulator Expands Internships to Gallaudet Students

March 3, 2022

Gallaudet University and the District of Columbia Department of Insurance, Securities and Banking (DISB) announced that Gallaudet students will have expanded opportunities to gain practical work experience in municipal government and financial services regulation, thanks to DISB’s Financial Services Academy.

DISB will create internships for Gallaudet undergraduate and graduate students to the financial services sector, with the goal of opening full-time employment opportunities.

Gallaudet students will also have the opportunity to put their newly acquired skills to use within the local deaf community.

Gallaudet, located in the District of Columbia, serves deaf, hard of hearing and deafblind individuals through American Sign Language and English. The university enrolls more than 1,300 students in more than 30 undergraduate majors, as well as master’s and doctoral graduate programs.

Problem Solving, Exploration, Change: Gallaudet Students Reach for the Stars The Risk Management and Insurance program at Gallaudet is relatively new, launching in 2015 with a donation from Philadelphia Insurance Companies (PHLY) founder James Maguire. Maguire is not deaf but became passionate about serving the deaf community after volunteering at the Pennsylvania School for the Deaf during his college years. The Maguire Foundation and PHLY began working together in 2015 to start a summer internship for deaf students at PHLY, making it the first insurance company to hire deaf risk management insurance interns from Gallaudet. PHLY has hired two interns from Gallaudet each summer since then. Read more about Gallaudet graduates working at PHLY here.

Gallaudet was the first university in the Washington metropolitan area to place insurance interns with DISB, starting in 2016. The department has been expanding internships to the banking and securities fields.

Gallaudet University president Roberta J. Cordano and DISB commissioner Karima M. Woods recently signed a memorandum that formalizes and builds upon the partnership.

“We greatly appreciate DISB’s commitment to our students in opening internship and employment opportunities,” said Gallaudet President Cordano. “Through this endeavor, our first formal agreement with a District of Columbia agency, our risk management and insurance, finance, and entrepreneurship students will gain practical work skills and have access to a much larger network.”

Photo: Built in 1870, Chapel Hall was once the main hub of the university, serving as a chapel, auditorium, exhibit center, and dining hall. Chapel Hall is on the National Park Service (NPS) National Register of Historic Places. Photo source: Gallaudet University website

Topics Education

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