Logo of Huzzle

Find 51,000+ jobs, internships & events from 6,000+ top companies on Huzzle using AI

Actuarial Intern

image

Berkley

1mo ago

  • Internship
    Full-time
    Summer Internship
  • Data
    Research & Development
  • Overland Park

AI generated summary

  • You should be pursuing a quantitative degree, have attention to detail, strong analytical skills, and some knowledge of actuarial principles, Excel, SQL, and modeling software. Teamwork and communication are essential.
  • You will support actuarial analyses, enhance processes, deliver insights for quotes, maintain data queries in SQL, improve data infrastructure, and analyze competitors' filings.

Requirements

  • Pursuing a degree in the field of mathematics, statistics, actuarial science, or other similar quantitative field.
  • Work experience in a professional office environment preferred.
  • Pursuit of actuarial designation through the CAS or SOA preferred.
  • Demonstrated interest in and ability to learn new concepts and tasks at a reasonable pace.
  • Keen attention to detail.
  • Excellent active and reflective listener.
  • Strong customer service orientation.
  • Willingness to ask for help when needed.
  • Advanced analytical and mathematical skills.
  • Basic creative problem-solving skills.
  • Knowledge of Actuarial principles, techniques, and procedures preferred.
  • Knowledge of available industry data sources preferred.
  • Intermediate knowledge of basic data analysis tools like Microsoft Excel.
  • Knowledge of advanced data analysis tools such as SQL (including query writing) and/or Power BI preferred.
  • Knowledge of predictive analytic/modeling techniques preferred.
  • Knowledge of R, Python, or related modeling software preferred.
  • Project management and financial reporting experience preferred.
  • Strong interpersonal verbal and written communication skills.
  • Experience collaborating in a team-oriented environment.
  • Strong decision-making skills.
  • Ability to communicate effectively in the English language.
  • Ability to effectively prioritize and complete multiple concurrent assignments in a timely manner.

Responsibilities

  • The Actuarial Intern’s role is to support actuarial analyses required to estimate expected losses arising from insurance products. The Actuarial Intern will primarily contribute to the pricing discipline, while also contributing to data reporting needs of the company.
  • Complete updates and enhancements to processes as directed and support individual project research and analysis.
  • Produce and deliver actuarial analysis inputs on individual accounts to support the insurance quote process, in-force book maintenance, and client service deliverables.
  • Develop and maintain data queries in Microsoft SQL Server to transform relational data into reportable data as needed for analytic projects as well as annual, quarterly, and monthly state reporting needs.
  • Assist in improving data infrastructure from existing data sources.
  • Conduct research and analyze competitor filings as needed to support development of new rating rules and monitor competitive market position.

FAQs

What is the role of the Actuarial Intern at Intrepid Direct Insurance?

The Actuarial Intern's role is to support actuarial analyses required to estimate expected losses from insurance products and primarily contribute to the pricing discipline, while also assisting in data reporting needs of the company.

What qualifications are required for the Actuarial Intern position?

Candidates should be pursuing a degree in mathematics, statistics, actuarial science, or a similar quantitative field. Work experience in a professional office environment and pursuit of actuarial designation through CAS or SOA are preferred.

What skills are essential for the Actuarial Intern role?

Essential skills include advanced analytical and mathematical skills, strong attention to detail, excellent communication skills, customer service orientation, and proficiency in tools such as Microsoft Excel and SQL.

Is prior actuarial knowledge required for this internship?

While prior knowledge of actuarial principles, techniques, and procedures is preferred, a demonstrated interest in learning new concepts and tasks at a reasonable pace is important.

Will the internship involve teamwork?

Yes, the internship involves collaborating in a team-oriented environment and strong interpersonal skills are necessary.

What kind of projects will the Actuarial Intern work on?

The intern will complete updates and enhancements to processes, produce actuarial analysis for individual accounts, maintain data queries in SQL, and conduct research on competitor filings.

Is sponsorship available for this internship?

No, sponsorship is not offered for this role.

Are there opportunities for professional development?

The role offers the opportunity to learn and support various actuarial projects, potentially leading to professional designation and development in actuarial practices.

What type of work environment can I expect at Intrepid Direct Insurance?

You can expect a highly collaborative work environment with a focus on innovation, trust, and pride in collective success.

What is the salary range for the Actuarial Intern position?

The actual salary will be determined by factors such as the scope and complexity of the role, as well as the candidate's skills, education, and experience.

We Start by Listening.

Manufacturing & Electronics
Industry
51-200
Employees
2012
Founded Year

Mission & Purpose

Founded in late 2012 with an entrepreneurial family spirit, we have grown into an experienced, exciting and fast-moving packaging and logistics company. We start by listening. Berkley has the unique capability of combining your needs, your customers needs and delivering flawless custom packaging and logistics solutions throughout the world.