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Actuarial Intern (Hybrid)

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Intact Insurance Specialty Solutions

Jul 30, 2024

Applications are closed

  • Internship
    Full-time
    Summer Internship
  • Boston

Requirements

  • Must be working towards a bachelor’s degree in Actuarial Science, Mathematics, Statistics, or a related field and graduating in December 2025 or later
  • Proficiency with computer software including current Windows Operating System, Microsoft Office, Microsoft Outlook, and other data entry and spreadsheet applications and programs
  • Strong mathematical aptitude
  • Successful completion of one or more actuarial exams is a plus
  • Outstanding organization/time management skills
  • Exceptional attention to detail and analytical skills

Responsibilities

  • - Assist on various projects within our Corporate Actuarial division
  • - Provide challenging, practical, and meaningful work experience in one or more of the following disciplines: Actuarial pricing, Actuarial reserving, Predictive modeling, Stochastic financial modeling, Data collection and reporting, Information management, Programming development
  • - Focus on developing the skills necessary for success by working with and assisting professionals with day-to-day job assignments and special projects
  • - Perform some of the work of an entry-level actuarial professional

FAQs

What is the position being offered?

The position being offered is an Actuarial Intern (Hybrid) at Intact Insurance Specialty Solutions.

Where will the internship take place?

The internship will take place at either the Corporate Headquarters in Plymouth, MN, or the office in Boston, MA.

When is the projected start date for the internship?

The projected start date for the internship is early June 2025.

How long will the internship last?

The internship is expected to last approximately 10-12 weeks.

What are the main areas of learning for the intern?

Interns will learn about property-casualty insurance, actuarial pricing, actuarial reserving, predictive modeling, stochastic financial modeling, data collection and reporting, information management, and programming development.

What qualifications are required for the internship?

Candidates must be working towards a bachelor’s degree in Actuarial Science, Mathematics, Statistics, or a related field and expecting to graduate in December 2025 or later. Proficiency with computer software and strong mathematical aptitude are also required, along with organizational skills and attention to detail.

Is prior actuarial exam completion necessary for this internship?

Successful completion of one or more actuarial exams is considered a plus but not a requirement.

What kind of work will the intern be doing?

The intern will assist professionals with day-to-day assignments and special projects, performing work typical of an entry-level actuarial professional.

What skills will the internship help develop?

The internship will help develop skills necessary for success in the actuarial field, including analytical thinking, data management, and programming.

Are the roles in this position remote, in-person, or hybrid?

The position is classified as hybrid, which means some work can be done remotely while other responsibilities may require being onsite.

What country is the company located in?

The company, Intact Insurance Specialty Solutions, is located in the United States.

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Intact Insurance Specialty Solutions

Formerly OneBeacon Insurance Group

Finance
Industry
1001-5000
Employees

Mission & Purpose

Throughout the United States, Intact Insurance Specialty Solutions’ underwriting companies offer a broad range of specialty insurance products through independent agencies, regional and national brokers, wholesalers and managing general agencies. Each business is managed by an experienced team of specialty insurance professionals focused on a specific customer group or industry segment, and providing distinct products and tailored coverages and services. Targeted solutions include group accident and health; commercial and contract surety; entertainment; environmental; excess property; financial institutions; financial services; inland marine; management liability; ocean marine; technology; and tuition refund. For further information about U.S. products and services visit: intactspecialty.com. Intact Insurance Specialty Solutions is the marketing brand for the insurance company subsidiaries of Intact Insurance Group USA LLC, a member of Intact Financial Corporation (TSX: IFC), the largest provider of property and casualty insurance in Canada and a leading specialty insurance carrier in North America. The insurance company subsidiaries of Intact Insurance Group USA LLC include Atlantic Specialty Insurance Company, a New York insurer, Homeland Insurance Company of New York, a New York insurer, Homeland Insurance Company of Delaware, a Delaware insurer, OBI America Insurance Company, a Pennsylvania insurer, OBI National Insurance Company, a Pennsylvania insurer, and The Guarantee Company of North America USA, a Michigan insurer. Each of these insurers maintains its principal place of business at 605 Highway 169 N, Plymouth, MN 55441, except The Guarantee Company of North America USA, which is located at One Towne Square, Southfield, MI 48076