Pricing Intern
2 weeks ago
We are seeking an Intern – Pricing {Morristown, NY or Conshohocken, PA}
Our Internship Program will allow students to gain corporate experience, learn about insurance pricing practices, and prepare students with the kind of experience needed for actuarial and underwriting careers.
As a Pricing Intern, you will work alongside our actuarial and underwriting teams to analyze data and evaluate insurance pricing models. You will gain exposure to how rates are developed, tested, and refined to ensure competitiveness and profitability while meeting regulatory standards. Through hands-on projects, you will learn how pricing decisions directly influence growth and risk management across our business.
The Sompo Internship Experience
Throughout the program, you will have the opportunity to gain meaningful, hands-on experience within your assigned function, working directly on projects that contribute to our business. You will also take part in structured professional development, participate in our global Executive Speaker Series, and join networking activities with fellow interns, peers, and leaders across the organization. Our program is designed to give you both functional knowledge and broad exposure to the insurance industry, while building skills that will support your future career.
Duties and Responsibilities
- Gain knowledge of the insurance industry and how your function contributes to organizational success
- Contribute to team projects, analysis, and reporting
- Support the execution of day-to-day activities and special initiatives within your function
- Participate in problem-solving and process improvement efforts
- Communicate effectively with team members and share insights with managers and mentors
Qualifications
- Sophomore or Junior enrolled in an accredited university working toward a bachelor's degree in a relevant field (e.g., Business, Finance, Economics, Accounting, Mathematics, Information Technology, Computer Science, Risk Management, or related disciplines)
- Minimum GPA of 3.0 on a 4.0 scale
- Proficient in Microsoft Word, Excel, and PowerPoint (or similar tools)
- Strong attention to detail and accuracy
- Ability to think critically, analyze information, and contribute ideas
- Effective interpersonal and communication skills
- Ability to work in a fast-paced team environment with shifting priorities
- Must be at least 18 years old and authorized to work in the United States without restriction
- Local to the desired office location or able to secure housing and transportation in the area
Alignment with Core Values
- Accountability – Raises the Bar: Takes ownership of work, follows through on commitments, and delivers high-quality results.
- Agility – Keeps It Simple: Learns quickly, adapts to change, and approaches challenges with a positive, solutions-focused mindset.
- Collaboration – Builds Relationships: Works effectively with peers and mentors, communicates openly, and contributes to a supportive team environment.
- Development – Is Curious: Seeks opportunities to learn, asks questions, and shows enthusiasm for gaining new skills and knowledge.
- Integrity – Is Trustworthy: Demonstrates honesty, respect, and ethical behavior in all interactions.
Salary Range: $20- $22/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.
We are Sompo, a global provider of property, casualty, and specialty insurance and reinsurance.
Building on Sompo Holding's 135 years of innovation, we seek to deliver a unified approach to servicing and providing customized solutions for our clients, ensuring that we meet their needs effectively and consistently.
We strive to strengthen engagement with our clients and business partners every day by using the in-depth knowledge and insights of our experts to swiftly navigate the ever-shifting risk landscape in a fast and agile way – providing them with the products and coverages they need – underpinned by exceptional levels of service.
Around the world, our 9,500+ employees use their expertise to learn, improve and find clear answers for your complex challenges. Because when you choose Sompo, you choose the ease of expertise.
Sompo is an equal opportunity employer and we intentionally value inclusion and diversity. Above all, we want you to work in an environment that respects everyone's unique contributions – we are passionately committed to equal opportunities. We do not discriminate based on race, color, religion, sex orientation, national origin, or age.
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