Actuarial Intern

Actuarial InternChubb Benefits, a Chubb company, is seeking an Actuarial Intern to join our fast-paced, high energy, growing company for a Summer 2027 internship. Chubb Benefits is a leading provider of individual supplemental accident, disability, health and life insurance products. We pride ourselves on being customer-centric, people-driven, accountable, performance-minded and ethical. Spend your summer working as a Combined Insurance Intern where you will have the opportunity to gain career-building experience.Who are we looking for? They also have some things in common, and these attributes will lead to your success at Chubb Benefits:Results orientation: a demonstrated ability to meet commitments; including under pressureIntellectual agility: capable and willing to master and apply new knowledgePersonal capacity: accepting and welcoming of additional responsibility over timeCommunication skills: an ability to communicate successfully in various settingsInterpersonal/team skills: able to work effectively with colleagues at all levelsSelf-leadership: an ability to take full ownership of work and show initiative as neededClient focused: understanding of the needs of customers and clientsWork ethic: a commitment to hard work and a high ethical conductExamples of potential intern tasks/projects:Perform fundamental actuarial tasks in support of life insurance product pricing, assumption setting, experience analysis, reserving, modelling, state filings and system implementationAssist with calculating reserve liabilities. Gain experience with modelling and verifying actuarial software output.Process improvement that would impact the department.Use Microsoft Excel to relay results to management, auditors, and regulators. Perform ad-hoc analysis as needed.QualificationsMS Office skills including Microsoft Word, Excel, PowerBI, and OutlookCompletion of 1+ actuarial examExposure to SQL, R, Python, Axis a plusOral and written communication skillsStrong record of academic achievement (3.5 cumulative GPA to qualify)Actively enrolled in an undergraduate or graduate program (December 2027 or May 2028 graduate)Prior Actuarial Internship, preferredLocal to Chicagoland area; In-office expectation of 4 days in office and 1 day remote.Preferred Majors: Actuarial Science, Mathematics, Economics, or StatisticsLocated in/near: Chicago, IL (in office four days/week)Schedule: 10 Weeks (May 24 – Aug. 6); Full-time, M-F 8:30am – 5:00pm CT (in office four days/week)The pay range for this internship is $24 to $26 per hour. The specific offer will depend on an applicant's skills and other factors. The disclosed pay range estimate may be adjusted for the applicable geographic differential for the location in which the position is filled.About UsChubb is a world leader in insurance. With operations in 54 countries, Chubb provides commercial and personal property and casualty insurance, personal accident and supplemental health insurance, reinsurance, and life insurance to a diverse group of clients. The company is distinguished by its extensive product and service offerings, broad distribution capabilities, exceptional financial strength, underwriting excellence, superior claims handling expertise and local operations globally. At Chubb, we are committed to equal employment opportunity and compliance with all laws and regulations pertaining to it. Our policy is to provide employment, training, compensation, promotion, and other conditions or opportunities of employment, without regard to race, color, religious creed, sex, gender, gender identity, gender expression, sexual orientation, marital status, national origin, ancestry, mental and physical disability, medical condition, genetic information, military and veteran status, age, and pregnancy or any other characteristic protected by law. Performance and qualifications are the only basis upon which we hire, assign, promote, compensate, develop and retain employees. Chubb prohibits all unlawful discrimination, harassment and retaliation against any individual who reports discrimination or harassment.