Product Analysis Intern

Cook County, IL - USA

Hourly Salary: USD 16 - 23

Posted on: 30 days ago

Vacancies: 1 Vacancy

Job Summary

First Chicago Insurance Company is looking for an eager ambitious and diligent intern to join its Product and Actuarial Analysis Department. This is a great opportunity for a college student or recent college graduate to gain true business experience in a hands-on working environment.

DUTIES & RESPONSIBILITIES:

Interns are introduced to insurance terminology and concepts and gain exposure to a variety of product initiatives. Specific duties may include the following:

Plan implement manage and/or contribute to projects up to moderate complexity
Research and develop coverage forms endorsements and manuals needed to support products
Analyze competitor product rates features and contract languages
Within department assist in the creation of rate rule and form filings for submission to the department of insurance to satisfy state regulatory requirements
Across all functional departments assist in new product developments and existing product enhancements
Conduct research and provide observations on target markets
Responsible for special ad hoc projects analysis and reporting
Participate in evaluation of internal/external processes and procedures
Create and update monthly/quarterly reports
Build strong relationships among team members ensuring cooperation on project objectives

In this role you will be involved with Personal and Commercial lines of business.

QUALIFICATIONS:

Ideal candidates will fulfill the following requirements:

Recently acquired or pursuing a bachelors degree in Pre-law English History Political Science Business Administration Economics Finance or other related degree with a 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
Basic knowledge of insurance industry is a plus but not required
Must be able to work in U.S. without sponsorship
Internship is not eligible for university course credits

*This is a temporary seasonal position and is not benefit eligible.

Estimated Compensation Range: $16/hr-$20/hr*

*Published ranges are estimates. Offered compensation will be based on experience skills education certifications and geographic location.

Required Experience:

Intern

DUTIES & RESPONSIBILITIES:

Interns are introduced to insurance terminology and concepts and gain exposure to a variety of product initiatives. Specific duties may include the following:

Plan implement manage and/or contribute to projects up to moderate complexity
Research and develop coverage forms endorsements and manuals needed to support products
Analyze competitor product rates features and contract languages
Within department assist in the creation of rate rule and form filings for submission to the department of insurance to satisfy state regulatory requirements
Across all functional departments assist in new product developments and existing product enhancements
Conduct research and provide observations on target markets
Responsible for special ad hoc projects analysis and reporting
Participate in evaluation of internal/external processes and procedures
Create and update monthly/quarterly reports
Build strong relationships among team members ensuring cooperation on project objectives

In this role you will be involved with Personal and Commercial lines of business.

QUALIFICATIONS:

Ideal candidates will fulfill the following requirements:

Recently acquired or pursuing a bachelors degree in Pre-law English History Political Science Business Administration Economics Finance or other related degree with a 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
Basic knowledge of insurance industry is a plus but not required
Must be able to work in U.S. without sponsorship
Internship is not eligible for university course credits

*This is a temporary seasonal position and is not benefit eligible.

Estimated Compensation Range: $16/hr-$20/hr*

*Published ranges are estimates. Offered compensation will be based on experience skills education certifications and geographic location.

Required Experience:

Intern

Key Skills

Campaigns
Abinitio
AutoCAD 3D
Hardware & Networking
Customer Support
Arabic

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About Company

Warrior Insurance Network

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