Actuarial Summer Internship Program at Verisk

4 weeks ago

Jersey City, New Jersey, United States Verisk Full time
Job Title: Actuarial Summer Internship Program

We are seeking highly motivated and talented students to join our Actuarial Summer Internship Program at Verisk. As an intern, you will have the opportunity to work on real-world projects, develop your skills, and gain valuable experience in the field of actuarial science.

About the Program

Our Actuarial Summer Internship Program is designed to provide students with hands-on experience in actuarial science, data analysis, and problem-solving. You will work closely with our experienced professionals to develop and implement solutions to real-world problems.

Responsibilities
  • Prepare products for regulators and internal customers in a timely and accurate manner.
  • Work on other projects such as class plan reviews, territorial reviews, regulatory reports, and fulfilling contractual obligations.
  • Write and run computer programs to extract data for review and report compilation.
  • Review the quality of data submitted by insurance companies on transactional and aggregate levels.
  • Develop more efficient, automated ways to improve processing, including data quality and error detection processes.
  • Help respond to questions from regulators and insurers on filings, circulars, and other products.
  • Contact ISO's insurer customers and other organizations regarding the reasonableness of reported data.
  • Make actuarial and data management presentations to Insurer Panels, insurers who report data to us, and ISO users of data.
  • Collaborate with other ISO divisions (actuarial, analytical, and technology) on improving data, products, and procedures.
  • Become a subject matter expert on one or more lines of property-casualty insurance business.
  • Perform other duties as assigned.
Requirements

To be eligible for this internship, you must be currently enrolled in a college or university, studying mathematics, data science, statistics, economics, risk management, operational research, or a related discipline. You should have a strong interest in the insurance industry and possess excellent written and oral communication skills.

We are looking for students who are able to work independently and as part of a team, with a strong ability to work under time constraints, multi-task, and adjust plans in the face of changing priorities. You should also have a continued desire and ability to learn and perform essential job duties with or without reasonable accommodation.

Preferred Qualifications

Passage of at least one actuarial exam is preferred, but not required. Technical background should include a working knowledge of MS Office applications and understanding of computer programming concepts. Knowledge of SQL, SAS, R, ETL tools, or Business Rules Engines is a plus. Background experience in Tableau, Spotfire, COGNOS, Power BI, or other data visualization software would be advantageous.

What We Offer

As a Verisk intern, you will have the opportunity to work on real-world projects, develop your skills, and gain valuable experience in the field of actuarial science. You will also have access to our state-of-the-art technology and tools, as well as the support and guidance of our experienced professionals.

We are committed to providing a positive and inclusive work environment, and we strive to create opportunities for our interns to grow and develop their careers. If you are a motivated and talented student looking for a challenging and rewarding internship experience, we encourage you to apply for our Actuarial Summer Internship Program.

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