Actuarial Intern

Be Caring – Be Engaged – Embrace Change – Own It – Results Matter – Do the Right Thing

POSITION MISSION: This position exposes an individual to actuarial work by collaborating with the team to provide analysis for the organization related to key areas around pricing, reserving or other analytical specialties.

ESSENTIAL FUNCTIONS AND RESPONSIBILITIES:

To perform this job successfully, an individual must be able to perform each essential duty satisfactorily. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions

• Gather data and update assumptions for product monitoring and pricing changes.
• Apply actuarial techniques to insure the premium and reserves are adequate.
• Communicate pricing strategy, performance, and risk monitoring.
• Research and report useful information on competitor products, pricing, and activities.
• Work within the actuarial team to provide reports and analysis on various programs.

STUDENT OUTCOMES:

• Receive training on programming languages and business intelligence tools used within the actuarial team.
• Receive training on insurance metrics and their importance for the success of the company.

QUALIFICATIONS:

• Undergraduate student pursing a quantitative major preferred.
• Strong analytical capabilities and organizational skills.
• Genuine interest in an actuarial or insurance career.
• Advanced Excel skills are required.
• Familiarity with SQL or other programming languages is a plus.

COMPETENCIES

• Analytical
• Attention to Detail
• Critical Thinking
• Self-Motivation

PHYSICAL DEMANDS:

• Position routinely uses standard office equipment such as computers and phones
• Attendance at meetings, conferences, and other training may be requested
• Flexibility in office location (can be fully remote or hybrid) and work schedule that meets the needs of the organization and the individual

Please note, this position description is not designed to cover a comprehensive listing of activities, duties, or responsibilities that are required of the employee for this job. Duties, responsibilities, and activities may change at any time with or without notice.