Actuarial Intern

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profile Job Location:

Cook County, IL - USA

profile Monthly Salary: Not Disclosed
Posted on: 8 days ago
Vacancies: 1 Vacancy

Job Summary

The Actuarial intern will be introduced to insurance terminology and concepts in general and exposed to a variety of Product/Actuarial projects and techniques.


DUTIES & RESPONSIBILITIES:

  • Assist with new product development which includes competitive rate comparisons and various other competitive studies
  • Create supporting exhibits and prepare filings for submission to department of insurance to satisfy state regulatory requirements
  • Complete data preparation and reserve reviews on various lines of business
  • Create and update monthly/quarterly financial reports

Intern will be involved with wide variety of insurance products which may include: Non-Standard Auto Commercial Auto and General Liability.


QUALIFICATIONS REQUIRED:

  • Pursuing an Actuarial Science Math/Statistics 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
  • Great organizational and problem-solving abilities
  • Knowledge of Microsoft Word and Excel
  • SOA/CAS exams a plus but not required
  • Ability to work 40 hours a week
  • Willing to work part-time during the school year
  • Must be able to work in U.S. without sponsorship

20-27 per hour *Published ranges are estimates. Offered compensation will be based on experience skills education certifications and geographic location.


Required Experience:

Intern

The Actuarial intern will be introduced to insurance terminology and concepts in general and exposed to a variety of Product/Actuarial projects and techniques. DUTIES & RESPONSIBILITIES:Assist with new product development which includes competitive rate comparisons and various other competitive stud...
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