Actuarial Intern

HCC Service Company • Kennesaw, GA

15h • $22 - $40

About The Position

Tokio Marine HCC (TMHCC) brings 50 years of service to the specialty insurance industry, today offering over 100 products to commercial customers in 180 countries around the world. Organic growth and over 60 successful acquisitions have grown our 2022 Gross Written Premium (GWP) to $5 Billion. Our workforce has grown to 4,300 worldwide … big, but not so big that you cannot make a difference. Our Good Company values, including integrity, empowerment, and commitment to customer service, and a culture of innovation, communication, and collaboration make TMHCC a great place to work. TMHCC Stop Loss, a $2 Billion division within TMHCC, leads the way in providing medical stop loss insurance sold to employers. Medical Stop Loss provides an added layer of insurance protection to employers who choose to self-fund their health benefit plans. Self-funding can incur risks from catastrophic claims, and Medical Stop Loss insurance from Tokio Marine HCC is designed to protect employers from that risk. This role can be located in Kennesaw, GA, New York City, NY or Minnetonka, MN Position Summary: Under immediate supervision, learns, shadows, and provides support in the Actuarial department of Tokio Marine HCC – A&H Group (TMHCC). You will be involved in activities including, but not limited to, reinsurance and pricing support, budget support, and providing key statistics, analyses and results for our medical stop loss and other related businesses.

Requirements

• 60 completed college hours from an accredited college or university and an average grade point average (GPA) of 3.0 or higher.
• Must be currently enrolled in a bachelor degree program applicable to Actuarial Science, Mathematics, Statistics or Risk Management.
• Ability to apply knowledge of actuarial principles, practices, and procedures to assigned project work
• Good written and verbal communication skills with an emphasis on confidentiality, tact, and diplomacy
• Good organizational and analytical skills; demonstrated ability to manage multiple tasks simultaneously

Nice To Haves

• Any proficiency in other programming languages such as RStudio or Python is a plus

Responsibilities

• Attending staff and departmental meetings on an ongoing basis.
• Perform assigned project work.
• Analyze claims and premium information in support of actuarial assignments.
• Analyze and evaluate various lines of business including producing reports for underwriting, management, or reinsurers.
• Dependent on need, analyze data for other tasks.
• Follow work plans, established timelines, and predefined goals for assigned work.
• Meet commitments on deadlines.
• Develop strong communication with the Actuarial Team as well as other internal departments
• Perform work thoroughly in a cost-efficient manner and at a high productivity level
• Comply with all corporate policies and procedures
• Take all reasonable steps to safeguard company assets against waste, loss, unauthorized use, and misappropriation.
• Report breakdown in controls to a supervisor or manager.
• Ability to work independently and think critically on assigned projects.
• Strong work ethic and desire to learn the role of actuaries in the stop loss environment.
• Intermediate proficiency in Microsoft Excel.
• Intermediate proficiency in SQL Server Management Studio.

Benefits

• Tokio Marine HCC offers a competitive salary and a generous employee benefits package including among other benefits, subsidized medical, prescription, dental, vision and basic life and disability insurance, 401(k) plan with Company matching contributions, paid parental leave, paid time off and/or paid sick leave, and educational/loan assistance.

What This Job Offers

• Career Level: Intern
• Number of Employees: 1,001-5,000 employees