Reinsurance Actuarial Pricing Intern

3 weeks ago


New York, New York, United States Sompo International Holdings Ltd. Full time
As a leading provider of insurance and reinsurance with worldwide operations and employees in Bermuda, U.S., U.K., Continental Europe and Asia, we recognize that our success is derived directly from those who matter the most: our people. At Sompo International, our values of integrity, collaboration, agility, execution and excellence underpin our culture and our commitment to providing an employee experience that attracts and engages the best talent in the industry. As we continue to grow, we strive to find diverse, innovative and driven professionals to join our teams and offer a broad range of career and development opportunities at all levels, in multiple business areas, in each of our locations throughout the world. Our compensation and benefits programs are market driven and competitive, with excellent family friendly policies and flexible working provisions.

Job Description

We are seeking a Summer 2024 Reinsurance Actuarial Pricing Intern for the ReinsuranceActuarial Team in New York City, NY.

The Internship Program is a 10-week development initiative designed to provide professional growth with potential long-term opportunity for successful individuals interested in the Insurance/Reinsurance industry.

What can I expect as an Intern?

On-the-job Learning

Our internship program offers students a first-hand look at global risk management from a variety of different departments. Participants will have an excellent opportunity to gain hands-on experience, receive valuable on-the-job training, and learn more about the Insurance Industry. Each intern will participate in structured learning and networking events with peers, members of our Executive team, and outside brokerage firms.

This challenging position will offer professional growth with potential long-term opportunity for successful individuals interested in the Insurance/Reinsurance industry.

Responsibilities
  • Gain a solid understanding of the Company's actuarial practices.
  • Provide support to pricing actuaries on individual account submissions.
  • Assist with gathering industry and peer data for our annual line of business studies.
  • Other projects as needed to support the various business functions (Underwriting, Operations, Claims, etc.)
Activities, Learning and Development

Throughout the program, Interns will have the opportunity to hear from executive leaders, participate in structured, engaging leadership learnings, participate in networking events and activities with peers, members of our Executive team and outside brokerage firms, and be part of a project to present to their manager and mentor.

Qualifications
  • Currently enrolled in a bachelor's degree program with a minimum GPA of 3.0
  • Pursing a degree in Actuarial Science, Math, Accounting, Economics, Statistics, Business, Risk Management, or a similar quantitative field.
  • Actuarial exam progress towards CAS/SOA credentials a plus
  • Strong proficiency using Microsoft Office (Excel, Word, PowerPoint)
  • Ability to work in a fast-paced team environment with rapidly changing priorities and demands. Ability to collaborate an absolute must.
  • Eligible candidates must be at least 18 years old and authorized to work in the United States without restriction.
  • Candidates must be local to the NY/CT/NJ area and/or able to provide their own housing and transportation.
Preferred Qualifications
  • Previous actuarial internship experience
  • Local applicants who can contribute/work part - time in the office post the completion of the summer intern program
Salary Range: ___$24/hr_______Actual compensation for this role will depend on several factors including the cost of living associated with your work location, your qualifications, skills, competencies, and relevant experience.

At Sompo International, we recognize that the talent, skills, and commitment of our employees drive our success. This is why we offer competitive, high-quality compensation and benefit programs to eligible employees.

Sompo International is an equal opportunity employer committed to a diverse workforce. M/F/D/V

Visit our website at

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