R&D Intern - Summer 2026

Mercury Insurance Services, LLC
$30 - $30Remote

About The Position

Mercury Ignite – Your launchpad to a brighter career. Our summer internship program is a 12-week paid internship designed to allow students to gain practical work experience in the Insurance field. We are seeking curious, passionate, and hard-working students from quantitative academic fields to participate in our fully remote summer internship program. The program will be highly collaborative and immersive, with interns working on real business problems that can span multiple business units within the complex insurance landscape. But it won’t be all work! Mercury executives will host virtual lunch-and-learns with a small group of interns to discuss career aspirations, interns will get to meet Mercury people leaders and team members throughout the organization, and there will be a multitude of virtual social events.

Requirements

  • Be legally eligible to work in the U.S
  • Currently pursuing a BS/BA/MS in a quantitative field (Statistics, Mathematics, Data Science, Engineering, Actuarial Science, Economics/Finance).
  • Able to provide current GPA, as reported by your school. Minimum 3.0 GPA required, 3.5 or higher preferred.
  • Ability to work 40 hours a week, 12-week internship, beginning in June 2026.
  • Enrolled student attending a university program with an expected graduation date on or after August 2025
  • Planning to seek full-time employment between December 2026 and September 2027

Nice To Haves

  • Solid track record of academic excellence
  • Strong commitment to teamwork, learning and collaboration.
  • Academic or project experience in data manipulation and analysis using tools such as Python, R, SQL, SAS or equivalent
  • Familiarity with modeling concepts such as GLMs, logistic regression, and gradient boosting algorithms
  • Insurance coursework/projects; exposure to pricing/research workflows
  • Excellent verbal and written communication
  • Ability to manipulate and analyze data to address and solve business problems
  • Willingness to independently learn and make an impact within a team environment
  • Working knowledge of SQL and one language (Python or R); clear communication
  • SAS familiarity, dashboarding tools (Power BI/Tableau), basic model validation techniques
  • Proficient in Microsoft Office Suite

Responsibilities

  • Supports research initiatives and pricing strategy development for Mercury’s insurance offerings within a designated business line.
  • Prepares and engineers data, conducts exploratory analyses, and assists with modeling and segmentation efforts to enhance pricing precision and product differentiation.
  • Works collaboratively throughout the program and delivers a capstone presentation to leadership upon completion.
  • Utilizes Python/R/SQL/SAS or other software to extract, manipulate and analyze large sets of data in order to recommend improvements in our product pricing.
  • Assists in predictive modeling projects and analyzing product performance under supervision and guidance; Tests new rating models to determine accuracy of prediction, loss ratio improvement and segmentation.
  • Performs primary field research, including customer, distribution, competitor and insurance department under supervision and guidance.
  • Prepares reports, graphs, charts and presentations based on research and analysis.
  • Builds a minimum viable product (MVP) and has a “capstone” opportunity to present those findings to the Mercury leadership team.
  • Other functions may be assigned.

Benefits

  • 12-week paid internship
  • Competitive wage
  • Personalized coaching and mentorship
  • Networking with other interns and industry professionals
  • Work on real projects and initiatives
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