Actuarial Intern

AXIS•New York, NY

1d•$21•Hybrid

About The Position

This is your opportunity to join AXIS Capital – a trusted global provider of specialty lines insurance and reinsurance. We stand apart for our outstanding client service, intelligent risk taking and superior risk adjusted returns for our shareholders. We also proudly maintain an entrepreneurial, disciplined and ethical corporate culture. As a member of AXIS, you join a team that is among the best in the industry. At AXIS, we believe that we are only as strong as our people. We strive to create an inclusive and welcoming culture where employees of all backgrounds and from all walks of life feel comfortable and empowered to be themselves. This means that we bring our whole selves to work. All qualified applicants will receive consideration for employment without regard to race, color, religion or creed, sex, pregnancy, sexual orientation, gender identity or expression, national origin or ancestry, citizenship, physical or mental disability, age, marital status, civil union status, family or parental status, or any other characteristic protected by law. Accommodation is available upon request for candidates taking part in the selection process. Actuarial Internship Opportunity at AXIS Insurance Company Location: Midtown Manhattan Office (Hybrid) Hours: Candidates must be able to work in our midtown Manhattan office full time (40 hours) during summer from 9am - 5pm, Monday to Friday and part-time (minimum 16 hours) during spring and fall terms. Job Description: The Actuarial Intern is expected to successfully complete projects which assist AXIS in performing Actuarial functions. Duties will include, but are not limited to, data manipulation, rater support, rate filings, and reporting. Work closely with line actuaries and assist with profitability analysis of underwriting and claim trends as well as analysis of new and expanded business opportunities. Provide assistance in developing and maintaining the rating plans used by various business units. Assist with the monthly price monitoring process. Assist with supplementary analysis and special projects. Gain general insurance or reinsurance knowledge. AXIS Insurance and AXIS Reinsurance are currently recruiting interns for their New York office. This internship will give you an opportunity to experience actuarial work and see what a career at AXIS is like first-hand. Interns receive on-the-job training and the opportunity to work on a variety of projects. For this position, we currently expect to offer a salary of $21.00/hour. Your salary offer will be based on an assessment of a variety of factors including your specific experience and work location. In addition, you will be offered competitive target incentive compensation, with awards based on overall corporate and individual performance. On top of this, you will be eligible for a comprehensive and competitive benefits package which includes medical plans for you and your family, health and wellness programs, retirement plans, tuition reimbursement, paid vacation, and much more. Where this role is based in the United States of America, this role is Non-Exempt for FLSA purposes.

Requirements

Excellent PC skills and knowledge of Microsoft product suite, particularly Excel (experience with Visual Basic is a plus)
Excellent organizational skills and attention to detail, as well as strong written and verbal communication
Strong interpersonal skills, as well as an ability to work on a team
Individual will have frequent interaction with people on a variety of levels in all major departments of the company (Actuarial, Underwriting, Claims, Finance etc.)
Knowledge of Access, SQL, and/or experience with databases is a plus
Successful completion of Actuarial exams is a plus
Progress towards an Undergraduate or Graduate degree in Math, Accounting, Economics, Statistics, Business, Risk Management or a similar field which demonstrates an affinity and talent for quantitative analysis
Current student in good standing with a GPA of 3.0 or higher with at least one year remaining towards completion of his or her degree
Candidate should be local in the New York/ New Jersey area for the NY office positions
Candidates must be able to work in our midtown Manhattan office part-time (minimum 16 hours) during spring and fall terms and full time (40 hours) during summer from 9am - 5pm, Monday to Friday