Intern – Actuarial

1 week ago


West Bend, Wisconsin, United States West Bend Insurance Company Full time $50,000 - $70,000 per year

Recognized as a  Milwaukee Journal Sentinel  Top Workplace for 14 consecutive years, including three years of being honored as number one Join us at West Bend, where we believe that our associates are our greatest asset. We hire talented individuals who are conscientious, dedicated, customer focused, and able to build lasting relationships. We create and maintain an environment where you feel a sense of belonging and appreciation. Your diversity of thought, experience, and knowledge are valued. We're committed to fostering a welcoming culture, offering you opportunities for meaningful work and professional growth. More than a workplace, we celebrate our successes and take pride in serving our communities.

Award-Winning Internship Program
We're proud to be named to the RISE Professionals Elite 50 Internships List , a national recognition that honors top internship programs in the insurance industry. This award highlights our commitment to providing meaningful, high-impact experiences through mentorship, education, leadership development, diversity and inclusion efforts, networking opportunities, and more.

Our internship program offers students a dynamic opportunity to gain hands-on experience, build valuable relationships, and develop essential skills while contributing to projects that support our mission and values. From day one, interns are empowered to make meaningful contributions and participate in professional development programming designed to prepare them for future success.

Job Summary
At West Bend, you will learn the basics of actuarial concepts and how they can be applied in actuarial work. You'll learn basic strategies and pitfalls that broaden your knowledge of what actuaries do and the challenges they face in their work and understand the role actuaries play in an insurer's operations. You will have the opportunity to have hands-on experience by working collaboratively with the other team members in the Actuarial Department and participating in a variety of work projects during the internship.

Responsibilities
Responsibilities & Qualifications

  • Assist the actuarial staff in extracting, compiling, reviewing, and analyzing data in support of the goals of the Actuarial Department
  • Become familiar with company operations, systems, and actuarial methodologies
  • Perform appropriate checks within processes to minimize errors and inaccuracies and verify data reconciliations
  • Understand how work done by the Actuarial Department impacts company operations and other departments
  • Present information to peers and other departments as warranted

Required Education

  • Pursuing an undergraduate degree in Actuarial Science, Mathematics, Statistics or another quantitative-related major
  • At least a sophomore standing in college
  • Minimum GPA of 3.0
  • Completion of at least one actuarial exam

Preferred Skills Include

  • Experience working with SAS, SQL, VBA, R, Python, or other coding languages
  • Strong verbal and written communication skills
  • Strong analytical skills
  • Strong time management skills
  • Ability to work independently and in a team environment
  • Ability to complete project-related tasks and meet deadlines

Please note – This position can work from our office in West Bend or Madison.

EEO
West Bend provides equal employment opportunities to all associates and applicants for employment and prohibits discrimination and harassment of any type without regard to race, color, religion, age, sex, national origin, disability status, genetics, protected veteran status, sexual orientation, gender identity or expression, or any other characteristic protected by federal, state or local laws. This policy applies to all terms and conditions of employment, including recruiting, hiring, placement, and promotion.


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