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Risk Management Intern
2 months ago
Group 1001 is a consumer-centric, technology-driven family of insurance companies on a mission to deliver outstanding value and operational performance by combining financial strength and stability with deep insurance expertise and a can-do culture.
Our culture emphasizes the importance of collaboration, communication, core business focus, risk management, and striving for outcomes. This goal extends to how we hire and onboard our most valuable assets - our employees.
We are strongly committed to providing a supportive work environment where employee differences are valued. Diversity is an essential ingredient in making Group 1001 a welcoming place to work and is fundamental in building a high-performance team. Diversity embodies all the differences that make us unique individuals. All employees share the responsibility for maintaining a workplace culture of dignity, respect, understanding, and appreciation of individual and group differences.
Job SummaryGroup 1001 is seeking a college student to join our Actuarial Department at our corporate office as an Actuarial Intern. This role will provide opportunities to work with our team to analyze data, develop models, and improve processes.
Main Accountabilities- Input data and assumptions into and analyze results from company actuarial models used for various modeling purposes.
- Set up the actuarial models and run them in a production environment.
- Produce model reports and analyze the results in support of management and regulatory needs.
- Work to enhance existing processes to improve the quality and efficiency of information gathering and flow.
- Ensure adequate controls over actuarial processes.
- Perform peer reviews of reports and output.
- Collaborate with individuals throughout the organization, with an emphasis on model efficiency and effectiveness.
- Participate in special projects as needed.
- Currently pursuing a Bachelor's degree in actuarial science, finance, economics, math, physics, engineering, or related field.
- At least one actuarial exam passed.
- Strong analytical skills.
- Exposure to financial modeling.
- Strong communication skills.
- Strong time and project management skills.
- Excellent organizational skills.
- Proficiency in Excel (including VBA) and exposure to a database tools (Microsoft Access, SQL, etc.).
Employees who meet benefit eligibility guidelines and work 30 hours or more weekly, have the ability to enroll in Group 1001's benefits package. Employees (and their families) are eligible to participate in the Company's comprehensive health, dental, and vision insurance plan options. Employees are also eligible for Basic and Supplemental Life Insurance, Short and Long-Term Disability, and to enroll in the Company's Employee Assistance Program and other wellness initiatives. Employees may also participate in the Company's 401K plan, with matching contributions by the Company.
