Actuarial Reserving Intern - Summer 2027

Core Specialty Insurance Holdings, Inc.•Chicago, IL

7d•Onsite

About The Position

Come grow with us! At Core Specialty Insurance, we cultivate an environment where our interns grow as they are exposed to meaningful, real-life work. At Core Specialty, you’re much more than a summer intern, you are a valued member of our team! Gain experience in a quickly growing environment! Where every day provides new and exciting opportunities!! This is a 12-week summer program with very competitive intern pay. You will have exposure to senior level management and company executives in a collaborative work environment with a relaxed company culture. As a valued intern on our Actuarial Reserving team, you will be given real meaningful work as well as support and guidance from our actuaries as you continue on your exam path.

Requirements

Must be actively pursuing a Bachelor's or Master's degree in Actuarial Science, Mathematics, Statistics, Economics, or related field
Demonstrate sufficient progress in understanding and applying basic actuarial principles is required
Studying for CAS preliminary exams; may have 1-2 passed
Applicants must be authorized to work for any employer in the U.S. We are unable to sponsor or take over sponsorship of an employment Visa for this position.
Basic Excel experience
Interest in insurance industry
Knowledge of actuarial exam process
Strong organization and communication skills
The ability to learn, understand, and apply technical concepts
Ownership of tasks
Works within deadlines with guidance.
Able to manage time and prioritize with guidance
Adapts future behaviors based on prior mistakes
Accepts and reacts positively to feedback
Seeks out assistance as needed

Nice To Haves

Passed at least one Actuarial Exam strongly preferred

Responsibilities

Perform and prepare quarterly reserve reviews to support adequate and accurate reserves recorded
Create and distribute Quarterly Reserve Report
Create and distribute CAT reporting, including a process for tracking incurred claims against reserve indication on a monthly basis
Monitor loss emergence against plan assumptions and provide summaries to management
Create and distribute Monthly AvE: CAT, Large Loss and Attritional
Develop and monitor monthly metrics to identify any trends in loss costs with a process oriented toward maintaining stable attritional LRs