Summer Intern - Actuarial Pricing - Core Specialty Insurance Services, Inc.
Chicago, IL 60606
About the Job
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Come grow with us!
At Core Specialty Insurance, we cultivate an environment where our interns grow as they exposed to meaningful, real-life work. At Core Specialty, you’re much more than a summer intern, you are valued member of our team!
Why Intern with Core Specialty?
Gain experience in a quickly growing start-up environment! Where every day provides new and exciting opportunities!!
12-week summer program
Very competitive intern pay!
Exposure to senior level management and company executives
Beautiful work environment with a relaxed company culture
Hybrid work
Our values are the Core of everything we do:
We have a “bring it on” attitude.
We act quickly to make things happen. We empower and enable rapid decision making.
We solve problems with expertise. We have an unmatched depth of knowledge and experience.
We have high integrity, self-discipline and respect for others.
As a valued intern on our Actuarial team, you will be given real. meaningful work as well as support and guidance from our actuaries as you continue on your exam path.
Key Accountabilities/Deliverables:
Perform under supervision actuarial analyses for assigned product groups
Strive to increase knowledge of the company, product lines, and actuarial profession.
Be an active participant in training sessions.
Opportunity for exposure to a variety of lines of business and business partners outside of the actuarial department.
Help the actuarial pricing team by preparing industry trend frequency and severity information for each line of business in preparation for the actuarial planning process.
Aggregate data from competitor filings in medical malpractice/physicians and surgeons’ insurance to evaluate and compare our physician’s relativities to the industry relativities in hopes of evaluating/updating our rater’s pricing adequacy in this category.
Completion of the comparative analysis of the physicians/surgeons’ relativities. This will help us ensure the rater is adequately priced and adjustments can be proposed in cases where we find inadequacies.
Other ad-hoc pricing team support will also arise throughout the summer.
Technical Knowledge and Understanding:
Passed at least one Actuarial Exam
Basic Excel experience
Experience:
Must be actively pursuing a Bachelor's or Master's degree in Actuarial Science, Mathematics, Statistics, or related field
Must be able to work in the U.S. without current or future sponsorship
Applicants must be authorized to work for any employer in the U.S. We are unable to sponsor or take over sponsorship of an employment Visa for this position.
#LI-Onsite
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At Core Specialty, you will receive a competitive salary and opportunities for professional development and advancement. We offer medical, dental, vision, and life insurances; short and long-term disability; a Company-match of 100% of a 6% contribution 401(k) plan; an Employee Assistance Plan; Health Savings Account, Flexible Spending Account, Health Reimbursement Account, and a wellness program
