Summer Intern, Actuarial
Admiral Insurance Group (a Berkley Company)
Moorestown, NJFresher1d agovia LinkedIn
About the Role
The Actuarial Intern acquires and analyzes data while assisting members of the actuarial team with various ongoing projects. This is a 10-week internship.
Key Responsibilities
- Assist the actuarial team with analysis for statistical rating studies and apply advanced levels of mathematics, statistics, finance, and business to property and casualty insurance problems.
- Download, manipulate, and compile data into usable and useful formats, including programming in spreadsheets and/or databases.
- Participate in studies and projects focused on key areas of reserving, pricing, and profitability.
- Learn and observe business interactions with other departments.
- Become proficient in working with large data files using appropriate software.
- Perform other analyses as assigned to support business partners.
- Communicate with actuarial team members and managers.
- Participate in the decision-making process by identifying issues and recommending solutions.
Qualifications
- No related work experience required.
- Pursuing a Bachelor's degree in Mathematics, Actuarial Science, or a related area.
- GPA of 3.0 and above is required.
- Rising Junior or Senior student preferred.
- Interest in enhancing classroom learning through practical career-related work experience within the industry.
Requirements & Tech Stack
- Knowledge of computer programs in a Windows environment, including Word, Excel, and Outlook.
- Knowledge and practical application of statistical software (e.g., SQL, R, Python) preferred.
- Completion of one to two Actuarial Society examinations preferred.
- Basic knowledge of insurance, business, and finance preferred.