Product Analysis Intern

Warrior Insurance Network•Bedford Park, IL

About The Position

Warrior Insurance Network is seeking an eager, ambitious, and diligent intern to join its Product and Actuarial Analysis Department. The role offers a college student or recent graduate hands-on business experience, exposure to insurance terminology and concepts, and involvement in a variety of product initiatives. The intern will work primarily with Commercial lines of business. This is a temporary seasonal position, is not benefit eligible, and is not eligible for university course credits. The role requires 40 hours per week. Estimated compensation is $16 to $23.75 per hour; the actual offer will depend on experience, skills, education, certifications, and geographic location.

Requirements

Recently acquired or pursuing a bachelor's degree in Business Administration, Actuarial Science, Math/Statistics, Economics, Finance, or another related field.
Cumulative grade point average of 3.0 (out of 4.0) or better.
Excellent verbal and written communication skills.
Excellent quantitative, organizational, decision-making, and problem-solving skills.
Proficiency in Microsoft Word and Excel.
Must be able to work in the U.S. without sponsorship.
Ability to work 40 hours per week.

Nice To Haves

Basic knowledge of the insurance industry.

Responsibilities

Plan, implement, manage, and/or contribute to projects of up to moderate complexity.
Analyze competitor product rates, features, and contract languages.
Assist in creating rate, rule, and form filings for submission to the Department of Insurance to satisfy state regulatory requirements.
Assist across functional departments with new product development and enhancements to existing products.
Research target markets and provide observations.
Complete special ad hoc projects, analyses, and reporting.
Participate in evaluating internal and external processes and procedures.
Assist with basic compliance and regulation questions as needed.
Create and update monthly and quarterly reports.
Work with IT to implement basic system and web rate changes and enhancements.
Build strong relationships among team members to support cooperation on project objectives.