Actuarial Summer Intern

State of Ohio • Columbus, OH

14h • Onsite

About The Position

About Us: The Ohio Department of Insurance (ODI) was established in 1872 as an agency charged with overseeing insurance regulations, enforcing statutes mandating consumer protections, educating consumers, and fostering the stability of insurance markets in Ohio. Today, the mission of the Ohio Department of Insurance is to provide consumer protection through education and fair but vigilant regulation while promoting a stable and competitive environment for insurers. Please visit our website Department of Insurance and also find us on LinkedIn . Must be currently enrolled and attending a college degree program directly related to Mathematics, Actuarial Science or Statistics and not scheduled to graduate until after completion of internship requirements. 1 year experience using standard office equipment (i.e., Excel, Word Access or the like). Supplemental Information Application Procedures: When completing the different sections of this application, be sure to clearly describe how you meet the minimum qualifications outlined in this job posting. We cannot give you credit for your Work Experience and Education & Certifications if you do not provide that information in your online application. Information in attached resumes or cover letters must be entered into your application in the appropriate Work Experience or Education & Certification sections to be considered. Status of Posted Positions: You can check the status of your application online by signing into your profile. Jobs you applied for will be listed. The application status is shown to the right of the position title and application submission details. Questions about the position not pertaining to your application status can be directed to\: Kim Lowry @ 614-644-2681. Applicants must be currently authorized to work in the United States on a full-time basis. Reasonable Accommodation: ODI does not discriminate on the basis of disability in its hiring or employment practices and complies with the ADA employment regulations. Applicants with questions about access or requiring a reasonable accommodation for any part of the application or hiring process should contact the agency Human Resource Offices’ ADA Coordinator, Andrew Skal, by emailing [email protected] or calling 614-644-3264. Otherwise, you will be given specific instructions on requesting an accommodation if you are invited to participate in a structured interview. Background Check Information: The final candidate selected for this position will be required to undergo a criminal background check. Section 2961 of the Ohio Revised Code (ORC) prohibits individuals convicted of a felony involving fraud, deceit or theft from holding a position that has substantial management of control over property of a state agency. Office of Product Regulation and Actuarial Services Mission Statement\: The mission of the Office of Product Regulation and Actuarial Services (OPRAS) is to provide consumer protection and assure compliance with all applicable insurance laws and regulations through the review of insurance product policy forms and verification that premium rates are actuarially sound. ODI is seeking an eager, innovative and industrious current college student to participate in our Summer College Internship Program. If selected, you will work alongside our team of actuaries in the Office of Product Regulation and Actuarial Service (OPRAS) who are charged with monitoring actuarial aspects of insurance product filings and insurer reserve filings for compliance with Ohio regulations. Duration of the summer internship would be May to August. The ideal candidate will have strong computer skills, specifically in spreadsheet and database programming.

Requirements

• Must be currently enrolled and attending a college degree program directly related to Mathematics, Actuarial Science or Statistics and not scheduled to graduate until after completion of internship requirements.
• 1 year experience using standard office equipment (i.e., Excel, Word Access or the like).
• Applicants must be currently authorized to work in the United States on a full-time basis.

Nice To Haves

• The ideal candidate will have strong computer skills, specifically in spreadsheet and database programming.

Responsibilities

• Upgrade spreadsheet tools used to review and identify trends in insurer financials.
• Assist with review of insurer cash flow testing models and results.
• Assist in organizing insurer data submissions.

Benefits

• PAID Internship
• Real world experience
• Our interns are eligible to participate in the internship program long as they are enrolled in an accredited college or university and are in good academic standing for the duration of the internship (6 to 8 months)
• The opportunity to work on an important mission.

What This Job Offers

• Job Type: Full-time
• Career Level: Intern
• Education Level: No Education Listed