Actuarial Analyst Intern

HowdenEdina, NY
$30Hybrid

About The Position

This internship is for an Actuarial Analyst role within Howden Re, a global reinsurance broker and risk, capital & strategic advisor. The intern will join an energetic, quantitative, client-facing team that specializes in creating and executing P&C reserve solutions. This includes preparing client submissions, working on loss portfolio transfers, and capital modeling. The team offers unlimited opportunity for learning, advancement, and taking on responsibility. The role involves working across analytics, brokers, and other functions to identify and respond to client needs, and develop opportunities related to products and services. Responsibilities include collecting and manipulating data, preparing client-ready presentations, understanding reinsurance contracts and products, managing workflow proactively, taking initiative on internal projects, and taking ownership for quality, accuracy, and timely completion of analyses. A "Team First" culture is expected, with a willingness to help others.

Requirements

  • Actively pursuing a bachelor's degree from a four-year college or university with a 3.0 or higher graduating GPA
  • Proficient in Excel, Word, and PowerPoint
  • Pay close attention to detail
  • Legally authorized to work in the US

Nice To Haves

  • Advanced degree
  • Experience in the (re)insurance industry
  • Completion of Actuarial exam(s) or actively studying for an exam

Responsibilities

  • Create client submissions
  • Work on loss portfolio transfers
  • Perform capital modeling
  • Collect and manipulate data in spreadsheets and other database applications
  • Prepare client-ready presentations to communicate analysis results to brokers and clients
  • Understand reinsurance contracts and products (terminology, terms and conditions)
  • Manage workflow proactively
  • Take initiative on internal projects to improve processes, products or services
  • Take ownership and responsibility for quality, accuracy and timely completion of analyses
  • Offer help to others without prompting

Benefits

  • Up to $30/hr
  • An additional $1 per passed exam
  • Overtime pay
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