Actuarial Intern

Olympus Insurance CompanyJacksonville, FL
Onsite

About The Position

The primary responsibility of the role will be to assist in executing responsibilities related to pricing, reserving, and data analysis support for Underwriting, Claims, Marketing, Sales, Accounting, and IT.

Requirements

  • Currently pursuing or completion of a Bachelor’s degree in actuarial science, mathematics, statistics, finance, economics, or related fields.
  • Proven analytical and problem-solving abilities.
  • Advanced use of Microsoft Office products (Excel, Outlook, Word).
  • Ability to exercise good judgement and maintain confidentiality in maintaining critical and sensitive information, records, and reports.
  • Intermediate SQL skills.

Nice To Haves

  • Prior internship experiences in actuarial, insurance, or related fields a plus.
  • Successful completion of 1 CAS exam preferred.

Responsibilities

  • Develops and prepares analysis utilizing accepted actuarial techniques to support pricing and reserving projects with direct guidance from manager.
  • Communicates analysis results and proposals to management, regulators, and other non-technical users both in writing and orally.
  • Analyzes recurring and ad-hoc reports for production, retention, exposure management, loss trends, etc.
  • Identifies opportunities to improve rating/reserving systems by increasing efficiencies.
  • Conducts rating and underwriting research, search for competitor filings and identify and analyze variables and algorithms for improved risk segmentation.
  • Works with vendors and regulators as necessary to ensure expeditious regulatory approval of company filings.
  • Continues to progress in actuarial exams in pursuit of professional designation.

Benefits

  • Direct exposure to and mentorship from a corporate actuarial leader
  • Hands-on experience with real-world pricing, reserving, and data analysis work
  • Insight into the insurance industry and corporate operations
  • Opportunity to contribute to meaningful business initiatives
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