Overview
This role is an actuarial internship for Summer 2027 within the Property & Casualty (P&C) Actuarial team. The intern will support data analysis and contribute to department projects and initiatives under direct supervision from senior team members. The position provides exposure to financial modeling, risk assessment, and regulatory compliance in the insurance industry.
Responsibilities
- Analyze large datasets related to insurance claims, policyholder information, and other relevant data
- Use statistical software such as Excel or R to clean, organize, and analyze data sets
- Participate in department and project-focused meetings; contribute ideas and support cross-functional collaboration
- Assist in assessing risks associated with insurance policies and understand how to price them accordingly
- Support actuarial tasks such as calculating insurance premiums, determining reserves, and assessing risk levels across insurance products
- Develop an understanding of the organization’s insurance products and their specific actuarial considerations
- At times, help develop and update financial models that predict future trends in insurance claims and financial outcomes
- Shadow experienced actuaries, participate in industry events and webinars, and connect with professionals within the actuarial team
- Conduct analyses in accordance with actuarial standards of practice, including:
- Selecting appropriate data sources and methods
- Making necessary assumptions
- Recognizing key considerations
- Developing recommendations
Requirements
- Currently pursuing a Bachelor’s degree in actuarial science, finance, economics, statistics, mathematics, business, or related field
- Minimum of one (1) Actuarial exam completed through either the Society of Actuaries (SOA) or the Casualty Actuary Society (CAS)
- Strong proficiency in statistical analysis
- Expertise in MS Excel and other programs used daily
- Strong analytical skills to analyze data, interpret trends, and make sound recommendations
- Familiarity with the R programming language in conjunction with tools like Excel to modify and analyze actuarial reports
- Compelling written and verbal communication skills for presenting findings, collaborating with team members, and explaining complex concepts to stakeholders
- Detail-oriented and organized with the ability to prioritize work and manage time effectively
- A growth mindset and willingness to learn new skills
Compensation & Benefits
- Pay Range: $26/hour
- Salary is commensurate to experience, location, etc.
Location
Summer 2027 internship (location not specified in the provided description).
Equal Opportunity
EOE/Minorities/Females/Veterans/Disabled. All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, sexual orientation, gender identity, national origin, disability, or protected veteran status.