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.