Intern - Actuarial Analyst

The Hanover Insurance Group•Worcester, MA
•$26 - $31•Onsite

About The Position

The Hanover’s Internship Program provides college students with the opportunity to work on a variety of critical business assignments, test your skills, use your academic knowledge, and match your interests to a real job. Through the 10-week summer program (June – mid August), you will take on meaningful projects and work alongside some of the very best talent in the industry. You will be supported and mentored by a community of exceptional talent (leaders, managers, subject matter experts and recent graduates). You will participate in a cross-functional team building project focused on corporate philanthropy, attend weekly development workshops with your intern peers, and join in engagement and social activities with other interns. We recruit highly skilled students for potential future full-time employment opportunities, upon graduation. Our Actuarial team is seeking exceptional college students for our Summer Internship Program, which provides meaningful opportunities for personal and professional growth, as well as rewarding career path options.

Requirements

  • Cumulative GPA of 3.0 or higher preferred
  • Ability to commit to a full time 10-week internship program
  • Ability to work in the U.S. without requiring sponsorship now or in the future
  • 0-2 years of professional working experience
  • Understands fundamental analytical concepts, practices and procedures
  • Strong analytical, strategic thinking and decision-making skills
  • A high degree of self-motivation and demonstrates high attention to detail
  • Intellectual curiosity and creativity
  • MS Office, Excel and SQL

Nice To Haves

  • R, Python and Power BI

Responsibilities

  • Perform tasks of a mathematical and quantitative nature using established procedures
  • Learn fundamental actuarial concepts, practices and procedures
  • Become familiar with company operations, systems and actuarial methodologies
  • Utilize actuarial tools and modeling software for pricing, valuation, and/or risk management
  • Analyze industry trends to identify impact on financials, reserves, and pricing processes
  • Create and present a final presentation for management and leadership members at the close of the internship program highlighting the work you accomplished throughout the summer

Benefits

  • Annual bonus (which could take the form of a general bonus, sales incentive, or short-term incentive)
  • Long-term incentive or spot recognition awards
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