Summer Intern - Actuarial

Berkley
Mount Laurel, NJ Intern
POSTED ON 9/20/2023 CLOSED ON 10/24/2023

What are the responsibilities and job description for the Summer Intern - Actuarial position at Berkley?

Company Details

 

What makes Admiral Insurance Group ADMIRABLE.

 

Since 1974, Admiral Insurance Group has been supporting business innovation and market growth through our wholesale-dedicated excess and surplus (E&S) lines of commercial insurance.  We specialize in underwriting difficult-to-place moderate to high-risk commercial businesses that require creative solutions, outside of the box thinking, entrepreneurial spirit and astute business knowledge.  As a member of the W. R. Berkley Corporation, a Fortune 500® Company and one of the nation’s premier commercial lines property casualty insurance providers, we have the resources, support and industry data to provide exceptional service and exciting solutions for our clients and partners. 

 

Unlock your insure-ability.

 

The Company is an equal employment opportunity employer.

 

https://www.admiralins.com/

Responsibilities

The Intern acquires and analyzes data along with assisting members of the actuarial team with various ongoing projects.  Communicates with Actuarial team and managers.  Participates in decision-making process by identifying issues and recommending solutions.

 

  • Performs basic actuarial functions/estimates.
  • Provides support to the actuarial team.
  • Participates in studies/projects on key areas of reserving, pricing, and profitability.
  • Learns/Observes the business interaction with other Departments.
  • Performs other relevant duties as assigned.
  • Becomes proficient in working with large data files using the appropriate software.
  • Perform ad-hoc financial analysis as needed to support our business partners.

Qualifications

  • Pursuing a Bachelor's Degree (B. A.) from four-year college or university in mathematics, actuarial science, or related field.
  • No related work experience required.
  • Requires intermediate knowledge of computer programs in a Windows environment, including Word, Excel, and E-mail.
  • Knowledge and practical application of statistical software or programming is preferred.
  • Passage of 1-2 Casualty Actuarial Society examinations is preferred.

Additional Company Details

We do not accept any unsolicited resumes from external recruiting firms. The company offers a competitive compensation plan and robust benefits package for full time regular employees. The actual salary for this position will be determined by a number of factors, including the scope, complexity and location of the role; the skills, education, training, credentials and experience of the candidate; and other conditions of employment.

Sponsorship Details

Sponsorship not Offered for this Role
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