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Actuarial Intern

$20 - $27 per hour

First Chicago Insurance Company

Internship Opportunity at First Chicago Insurance CompanyFirst Chicago Insurance Company is looking for an eager, ambitious, and diligent intern to join their Product & Actuarial Analysis department. This is a great opportunity for a college student to gain true business experience in a hands-on working environment.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 & ResponsibilitiesAssist with new product development which includes competitive rate comparisons and various other competitive studiesCreate supporting exhibits and prepare filings for submission to department of insurance to satisfy state regulatory requirementsComplete data preparation and reserve reviews on various lines of businessCreate and update monthly/quarterly financial reportsIntern will be involved with wide variety of insurance products which may include: Non-Standard Auto, Commercial Auto, and General Liability.Qualifications RequiredPursuing 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 betterExcellent verbal and written communication skillsGreat organizational and problem-solving abilitiesKnowledge of Microsoft Word and ExcelSOA/CAS exams a plus but not requiredAbility to work 40 hours a weekWilling to work part-time during the school yearMust be able to work in U.S. without sponsorshipEstimated Compensation Range: $20/hr.-$27/hr.**Published ranges are estimates. Offered compensation will be based on experience, skills, education, certifications, and geographic location.

Vacancy posted 1 day ago
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