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Actuarial Internship - Chicago

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Berkshire Hathaway Specialty Insurance

Oct 15, 2023

Applications are closed

  • Internship
    Full-time
    Off-cycle Internship
  • Banking & Finance
  • Chicago

Requirements

  • Proven math and analytical skills as normally acquired through the pursuit of a bachelor’s degree in mathematics, economics, actuarial science, or related field
  • A commitment to pursuing the FCAS designation
  • Proficiency in SQL, R, Python, and/or VBA is preferred, although not required if the candidate has proficiency in other languages or an aptitude for programming 
  • Ability to work as part of a team, as well as independently when needed
  • Effective written and verbal communication skills
  • Strong customer service skills preferably from past job or volunteer experience 
  • Ability to manage multiple priorities and manage time effectively in a fast-paced environment
  • Experience with MS Office Applications 
  • All candidates must have permanent work authorization in the United States

Responsibilities

  • Rating algorithms, rates, and rating plans of new and existing admitted products that ensure BHSI is profitable, compliant, and relevant in a rapidly changing competitive landscape 
  • All supporting filing exhibits, transmittals, and objection responses that will secure timely approvals countrywide
  • Compliant Excel pricing tools for new/existing products
  • Profitability metrics and reporting, including, but not limited to, rate indications and portfolio monitoring dashboards to proactively gauge the health of the business
  • Actuarial techniques and procedures in the course of understanding and analyzing the company's products
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Berkshire Hathaway Specialty Insurance

Finance
Industry
1001-5000
Employees

Mission & Purpose

Berkshire Hathaway Specialty Insurance is an organization committed to providing long-term risk solutions and claims care to our customers backed by the financial strength of Berkshire Hathaway. We’re passionate about analyzing risk markets and tailoring insurance solutions that provide businesses with the flexibility they need to pursue opportunities. Accessibility, collaboration, responsibility, and integrity are at the core of how we conduct business. Ease of doing business is a priority, which means our teammates are empowered to collaborate and think creatively to achieve customer satisfaction. Our company culture puts a premium on responsiveness so we can get business done effectively, efficiently, and thoroughly.