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Actuarial Intern (Data Science)

Erie Insurance Group

Actuarial Intern (Data Science)Date: Sep 18, 2026Location: Erie, PA, US, 16530Company: Erie InsuranceDivision or Field Office: Office of Sales & ProductsDepartment of Position: DataWork from: Corporate Office in Erie, PAPay Rate: $26-$27.50At Erie Insurance, we believe in professional and personal development. With our Future Focus Internship Program, both are provided in abundance. Not only do we offer the opportunity to gain professional experience in a challenging and competitive setting, but we welcome you as part of the ERIE family. We ensure that our interns receive the best internship experience possible, which includes multiple educational, developmental, professional, social and networking opportunities. The esteem ERIE holds in its Future Focus Internship Program is evident at every level of the organization, defined even further by multiple opportunities for socializing with high level leaders, up to and including our President and CEO. Are you ready for the internship experience of a lifetime? Look no further.2027 Future Focus Internship Program Start Dates: Monday, May 17th or Monday, May 24th, 20272027 Future Focus Internship Program End Date: Friday, August 6th, 2027Position SummaryWorking with experienced departmental staff conducts actuarial studies for auto, property and commercial lines of business. Presents findings and proposals to management. Supports the work of actuarial analysts while learning the actuarial analyst job function.Duties and ResponsibilitiesWorks with experienced departmental staff to learn data science techniques, data sources, tools, and business applications to conduct analysis. Assists in conducting detailed analysis to identify insights and opportunities to improve business performance and decision-making. Assists with researching emerging trends, tools, and techniques relevant to data science and the insurance industry. Communicates findings and recommendations to technical and non-technical audiences.Works with experienced departmental staff to learn actuarial techniques, data sources, and spreadsheets to conduct reviews of rating factors. Assists in conducting detailed analysis of The ERIE's insurance programs, profitability, rating factors, reserve studies, dynamic financial analysis, and experience exhibits. Typical projects have included: deductible studies, trend and forecasts of average paid losses and frequencies, effect of large losses on rate indications, and competitive analysis. Creates exhibits, reports, and charts for actuarial and reserve studies, state insurance department filings, and rate recommendations. Determines appropriate presentation format. Develops a basic knowledge of ratemaking procedures used by The ERIE, competitors, and rate bureaus. Writes programs in SAS and Visual Basic to extract data to spreadsheet format. Reviews data for reasonableness and accuracy. Gathers ERIE and Industry information in response to requests. Presents rate, reserve and other analysis to management and communicates analysis impacts to other departments as required.CapabilitiesValues Diversity Nimble Learning Self-Development Collaborates Information Management Skills Customer Focus Cultivates Innovation Job-Specific Knowledge Instills Trust Optimizes Work Processes (IC) Decision Quality Ensures AccountabilityQualificationsMinimum Educational Requirements High school diploma or GED required. Pursuit of bachelor's degree with completion of sophomore year majoring in Actuarial Science, Mathematics, Statistics, Econometrics or related field required. Additional Experience Minimum 3.0 GPA required. Candidates in their final year of undergraduate study, or pursuing graduate studies are also eligible. Proficiency in probability and statistics as demonstrated by passing the first actuarial exam preferred. Basic knowledge of word processing, spreadsheet, presentation and data base software preferredPhysical Requirements Lifting/Moving 0-20 lbs; Occasional (<20%) Lifting/Moving 20-50 lbs; Rarely Ability to move over 50 lbs using lifting aide equipment; Rarely Driving; Rarely Pushing/Pulling/moving objects, equipment with wheels; Occasional (<20%) Manual Keying/Data Entry/inputting information/computer use; Often (20-50%) Climbing/accessing heights; Rarely Erie Insurance Group

Vacancy posted 5 days ago
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