Actuarial Intern

Partnerre • Charlotte, NC

84d

About The Position

The focus of this role will be to gain foundational skills in actuarial science and technical expertise. The intern will be a member of the US Life actuarial team. Internship projects will involve one or more of the following areas: pricing, research and innovation, and financial solutions.

Requirements

• Strong technical and analytical skills.
• Proficiency in Microsoft Office Suite, Advanced Excel.
• Knowledge of other programs such as R, SQL, Tableau, Python, is preferred.
• Solid verbal and written communication skills.
• Strong organizational skills, ability to prioritize and multi-task.
• A self-starter who can work in an open, collaborative environment with a diverse team of financial professionals.
• Demonstrated ability to promote effective teamwork and accountability.
• Strong work ethic and a desire to succeed.
• Interest in pursuing Actuarial designation.

Responsibilities

• Create and maintain AXIS models for pricing reinsurance quotes and performing profitability analysis of results.
• Peer review AXIS models and results performed by other pricing team members.
• Ensure that models meet corporate guidelines, reflect best practices, and are updated for regulatory changes.
• Support assumption development as needed based on data provided by the client for mortality, lapse and distribution.
• Create and maintain documentation of pricing materials to support internal peer review, internal approval, and finalize for future audit requests.
• Review client data against a checklist to ensure completeness for modeling.
• Support client interaction as needed on quote specific information.
• Review experience for existing reinsurance clients to ensure that profitability is emerging as expected and recommend changes to assumptions, if necessary, during re-quoting.

What This Job Offers

• Career Level: Intern
• Industry: Insurance Carriers and Related Activities
• Education Level: Bachelor's degree