2025 Actuarial Summer Internship Program

Verisk AnalyticsJersey City, NJ
430d

About The Position

Verisk's Summer Internship Program offers students a unique opportunity to gain real work experience in the insurance industry, focusing on actuarial careers. This full-time, paid internship spans ten weeks from June through August 2025, providing professional development and networking opportunities while requiring a hybrid work schedule with at least two days in the office each week.

Requirements

  • Currently enrolled in a college or university, studying Mathematics, Data Science, Statistics, Economics, Risk Management, Operational Research or related discipline.
  • Interest in the insurance industry.
  • Strong written and oral communication skills.
  • Ability to work independently and as part of a team.
  • Ability to work under time constraints, multi-task, and adjust plans in the face of changing priorities.
  • Continued desire and ability to learn.
  • Ability to perform essential job duties with or without reasonable accommodation.

Nice To Haves

  • Passage of at least one actuarial exam is preferred; not required.
  • Technical background should include a working knowledge of MS Office applications and understanding of computer programming concepts.
  • Knowledge of SQL, SAS, R, ETL tools or Business Rules Engines is a plus.
  • Background experience in Tableau, Spotfire, COGNOS, Power BI or other data visualization software would be advantageous.

Responsibilities

  • Prepare products for regulators and internal & external customers in a timely and accurate manner.
  • Work on projects such as class plan reviews, territorial reviews, regulatory reports, and fulfilling contractual obligations.
  • Write and run computer programs to extract data for review and report compilation.
  • Review the quality of data submitted by insurance companies on transactional and aggregate levels.
  • Develop more efficient, automated ways to improve processing including data quality and error detection processes.
  • Help respond to questions from regulators and insurers on filings, circulars, and other products.
  • Contact ISO's insurer customers regarding the reasonableness of reported data.
  • Make actuarial and data management presentations to Insurer Panels and ISO users of data.
  • Collaborate with other ISO divisions on improving data, products, and procedures.
  • Become a subject matter expert on one or more lines of property-casualty insurance business.

Benefits

  • Paid internship program
  • Professional development opportunities
  • Networking opportunities

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What This Job Offers

Job Type

Full-time

Career Level

Intern

Industry

Professional, Scientific, and Technical Services

Education Level

No Education Listed

Number of Employees

5,001-10,000 employees

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