Actuarial Intern - Berkley
West Hartford, CT 06110
About the Job
Berkley Small Business Solutions (BSB) will offer commercial insurance products for standard and preferred non-fleet transportation and small businesses. We will utilize a modern technology platform that will leverage data and analytics to deliver a superior customer experience.
W.R. Berkley Corporation, founded in 1967, is one of the nation’s premier commercial lines property casualty insurance providers. Each of the operating units in the Berkley group participates in a niche market requiring specialized knowledge about a territory or product. Our competitive advantage lies in our long-term strategy of decentralized operations, allowing each of our units to identify and respond quickly and effectively.
Responsibilities:Berkley Small Business Solutions seeks an actuarial intern to assist the actuarial department with pricing, reserving, and predictive modeling. This role will provide the opportunity to work closely with experienced actuaries and data scientists in a startup environment. You will gain broad exposure to commercial lines P&C insurance.
- Providing support for actuarial ratemaking analysis
- Assisting with rate filing justifications and supporting documentation
- Assisting data scientists in pricing model development
- Identifying third-party data to enhance existing pricing and underwriting models
- Building dashboards and data visualizations to monitor company performance
- Assisting with quarterly reserve reviews and other financial reporting
May perform other functions as assigned
Qualifications:- Background in math, economics, computer science, or a related quantitative field
- At least one actuarial exam passed
- Proficient in Microsoft Excel
- Experience programming in R, Python, or SAS
- Experience working with SQL
- Excellent written and verbal communication skills
- Experience working with PowerBI, Tableau, or other data visualization software
- Team Player – ability to work effectively with cross-functional teams to gather inputs and align objectives and recommendations through quantitative analysis
Education
- Currently enrolled as a Junior, Senior, or Graduate student at a 4-year college or university