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Internship Program Managers
3 months ago
Description
Job Title
Actuarial - 2024 Summer Internship Program
Job Location
United States
Job Overview
- Part-time
- Hourly Rate - Min: $30.00
- Hourly Rate - Max: $32.00
Verisk Business: Verisk Analytics
We help the world see new possibilities and inspire change for better tomorrows. Our analytic solutions bridge content, data, and analytics to help business, people, and society become stronger, more resilient, and sustainable.
Compensation
- Hourly Rate - Min: $30.00
- Hourly Rate - Max: $32.00
Responsibilities
- Prepare products for regulators and internal & external customers in a timely and accurate manner.
- Products may include loss cost reviews, filings, circulars, annual statistical filings, and customized data products to meet customer needs.
- Work on other projects such as class plan reviews, territorial reviews, regulatory reports and fulfilling contractual obligations.
- Write and run computer programs to extract data for review and report compilation.
- Review the quality of data submitted by insurance companies both on transactional and aggregate levels.
- Develop more efficient, automated ways to improve processing including data quality and error detection processes. This can include providing suggestions for improvements in ratemaking and data quality review procedures.
- Help respond to questions from regulators and insurers on filings, circulars and other products.
- Contact ISO's insurer customers and other organizations regarding the reasonableness of reported data.
- Make actuarial and data management presentations to Insurer Panels, insurers who report data to us and ISO users of data.
- Collaborate with other ISO divisions (actuarial, analytical and technology) on improving data, products and procedures.
- Become a subject matter expert on one or more lines of property-casualty insurance business.
- Perform other duties as assigned.
Requirements
- Currently enrolled in a college or university, studying Mathematics, Data Science, Statistics, Economics, Risk Management, Operational Research or related discipline.
- Interest in the insurance industry.
- Strong written and oral communication skills.
- Ability to work independently and as part of a team.
- Ability to work under time constraints, multi-task, and adjust plans in the face of changing priorities.
- Continued desire and ability to learn.
- Ability to perform essential job duties with or without reasonable accommodation.
We're excited for you to apply!
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INSIGHTS
Understand more about this internship and other internships like this
Career Paths
People who completed this type of internship end up in the following types of jobs
- Actuaries
- Financial And Investment Analysts
- Statistical Assistants
- Management Analysts
- Operations Research Analysts
Top majors
That get hired for this type of internship
People who did this kind of internship end up at the following companies
- Towers Watson
- Mercer
- Liberty Mutual Insurance
- AON
- Milliman
Estimated Monthly Living Expenses
For Jersey City, NJ | $5,639/mo
GETTING THIS POSITION
Learn how to get your resume noticed and nail that interview.
Your Internship Checklist
- 1
Build a better resume
98% of candidates are eliminated at the initial resume screening.
Learn how to be in the 2% - 2
Apply early and often
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Tips for the application process - 3
Prepare for the big interview
Do your research and practice your responses to make a lasting impression.
How to ace your interview
DID YOU KNOW:
Recruiters spend an average of six seconds on each resume?
FREQUENTLY ASKED IN INTERVIEWS
Why do you want to work here?
Employers want to see that you’ve done your homework and are excited about the company.
Other essential interview questions:
- Why do you want to work here?
- Tell me about a sale you closed/lost.
- Where do you see yourself in five years?
- Tell me about a time when you failed and how you resolved it.
- How do you structure a typical day?
- Walk me through your resume.
- Describe a time when you went above and beyond for the customer.
- Sell me something.
- Tell me about a time you had a conflict with a colleague. How did you handle it?
- How do you measure success?
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