WSP Actuarial Intern, Chicago
Westfield Specialty Insurance
About the Role
The Westfield Specialty Intern Program is a paid, ten-week program offering students firsthand insight into the insurance business. Participants will learn and develop skills, gain confidence for real projects, build networks, and learn from senior leaders. The 2027 Summer Intern Program will run from June 7th to August 13th. We are seeking Intern candidates to work with our Actuary team in our Chicago, IL office.
Program Elements Include
- Classroom and On The Job Training
- Weekly Lunch and Learn Series with Senior Leaders
- Formal Mentor Program
- Presentations from Major Brokerage Partners
- Teambuilding and Social Activities; including Community Service Event
- Industry based Group Project
Participants will be immersed in the day-to-day operations of a fast-moving, growing insurance company, gaining valuable, hands-on experience and insurance industry knowledge.
Key Responsibilities
- Assist with actuarial analyses supporting pricing initiatives.
- Gather, validate, and analyze large data sets using actuarial and statistical techniques.
- Support the development and maintenance of actuarial models, reports, and dashboards.
- Prepare summaries, presentations, and recommendations based on analytical findings.
- Assist in evaluating trends related to claims, premium, exposure, and profitability.
- Participate in data quality reviews and process improvement initiatives.
- Collaborate with underwriting, finance, claims, and other business partners to support strategic decision-making.
- Conduct research on industry trends, market conditions, and emerging risks.
- Complete special projects and ad hoc analyses as assigned.
Requirements & Tech Stack
- Currently pursuing a Bachelor's or Master's degree in Actuarial Science, Mathematics, Statistics, Economics, Data Analytics, or a related quantitative field.
- At minimum must be sitting for Actuarial Exam; successful completion of one or more actuarial exams highly preferred.
- Proficiency in Microsoft Excel; experience with SQL, R, Python, Power BI, or other analytical tools is a plus.
- Strong analytical, problem-solving, and critical-thinking skills.
- Excellent verbal and written communication abilities.
- Ability to manage multiple priorities and work effectively both independently and as part of a team.
- Demonstrated attention to detail and commitment to accuracy.
- Ability to be onsite in office 4 days a week.
This is a paid internship. Intern will be paid on an hourly basis at the rate of $25/hour.