Actuarial - Commercial Lines, Personal Lines, and Loss Reserving Summer Internships - Short Hills, NJ (Hybrid)

Selective Insurance Company of America•Short Hills, NJ

2d•Hybrid

About The Position

Selective Insurance is hiring summer 2027 interns for its Ignite Internship Program at the corporate office in Short Hills, New Jersey. The program is an 11-week, full-time experience offering on-the-job assignments, team projects, exposure to senior leaders and executives, and a community volunteer day. The Actuarial Department sets company rate and reserve levels to support appropriate pricing and adequate reserves. It also provides experience reports, underwriting tools, strategic guidance, and predictive models related to pricing. Interns work directly with experienced actuaries and gain hands-on experience with actuarial work.

Requirements

Effective communication and interpersonal skills.
Proficiency with Microsoft Office, specifically Word and Excel.
Currently working toward an applicable degree or have relevant classroom experience.
High school diploma required.
Ability to perform at a professional level.

Nice To Haves

Experience with programming languages or statistical modeling packages such as SQL, Access, R, or Python.
A major in Actuarial Science, STEM, or another analytical field.
Full-time undergraduate college junior or senior standing.

Responsibilities

Perform pricing and experience analyses.
Prepare data and templates for quarterly loss and loss adjustment expense (LAE) reserve analyses.
Prepare special reports, data compilations, analyses of company and industry experience, and other ad hoc analyses.
Implement and suggest improvements and efficiencies to current processes.
Develop foundational knowledge of Actuarial Department functions and how the unit relates to other organizational functions.