Reinsurance Actuarial Intern (NYC)

Lockton CompaniesNew York, NY
487d$52,000 - $52,000

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About The Position

Lockton Re, the global reinsurance business of Lockton Companies, is dedicated to helping businesses understand, mitigate, and capitalize on risk. With a team of over 400 colleagues across 19 locations worldwide, Lockton Re is committed to pushing the reinsurance industry forward through innovative solutions that leverage new technologies. The Reinsurance Actuarial Intern position offers a unique opportunity for students to gain hands-on experience in the reinsurance sector during the upcoming summer internship program. Interns will be immersed in various facets of the reinsurance industry, including actuarial analysis and client relations, providing a comprehensive introduction to the business and its culture. The internship program is designed to be very hands-on, allowing interns to participate in a rotational program that covers different aspects of the reinsurance broking business. Interns will assist actuaries in the production, design, analysis, and administration of reinsurance programs on behalf of client partners. They will also contribute to the development of actuarial tools and processes and assist in building stochastic underwriting models to analyze reinsurance structures. Throughout the internship, interns will be accountable to actuaries and senior actuaries, ensuring excellent and timely service to clients while developing their skills and knowledge in the field.

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