Actuarial Intern

Berkley•Stamford, CT
•$20 - $30

About The Position

Under direct supervision, the Actuarial Intern works on projects providing research, analysis, and insights that support pricing, reserving, and portfolio management for excess and surplus insurance or specialty admitted products. The role supports underwriting divisions and casualty programs through pricing and loss rating, reserving projects, annual program reviews, management reporting, and portfolio analyses.

Requirements

  • Be actively enrolled as a sophomore, junior, or senior in a four-year college degree program, or be a recent college graduate.
  • Have completed college coursework in one or more of the following areas: insurance, financial mathematics, economics, probability, or statistics.
  • Be able to take direction from an actuary.
  • Have excellent verbal and written communication skills.
  • Have strong analytical skills.
  • Have strong organizational skills and attention to detail.
  • Demonstrate accuracy and thoroughness.
  • Be able to monitor own work to ensure quality and meet deadlines.
  • Be a self-starter who works well independently and in a team environment.
  • Be able to identify and resolve problems in a timely manner by effectively gathering and analyzing information.
  • Have sound knowledge of internet search engines, databases, and how to optimize searches.
  • Be proficient in MS Office, including Word, Excel, and Outlook.
  • Have computer proficiency using databases (SQL) and spreadsheets (Excel).

Nice To Haves

  • Successful completion of one or more CAS exams.

Responsibilities

  • Provide pricing and loss rating support to underwriting divisions.
  • Contribute to current reserving projects.
  • Contribute to annual program reviews for casualty divisions.
  • Assist with management reporting and portfolio management functions, including rate change reporting and aggregation analyses.
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