What are the responsibilities and job description for the Actuarial Intern position at First Chicago Insurance Company?
First Chicago Insurance Company is looking for an eager, ambitious, and diligent intern to join their Product & Actuarial Analysis department. This is a great opportunity for a college student or recent college graduate to gain true business experience in a hands-on working environment.
Job Description: Intern will be introduced to insurance terminology and concepts in general and exposed to a variety of Product/Actuarial projects and techniques. Projects may include:
Key Skills & Qualifications: Ideal candidates will fulfill the following requirements:
Job Description: Intern will be introduced to insurance terminology and concepts in general and exposed to a variety of Product/Actuarial projects and techniques. Projects may include:
- Assist with new product development which includes competitive rate comparisons and various other competitive studies
- Create supporting exhibits and prepare filings for submission to department of insurance to satisfy state regulatory requirements
- Complete data preparation and reserve reviews on various lines of business
- Create and update monthly/quarterly financial reports
Key Skills & Qualifications: Ideal candidates will fulfill the following requirements:
- Pursuing an Actuarial Science, Math/Statistics, Economics, Finance, or other related degree with a cumulative grade point average of 3.0 (out of 4.0) or better
- Excellent verbal and written communication skills
- Great organizational and problem-solving abilities
- Knowledge of Microsoft Word and Excel
- SOA/CAS exams a plus but not required
- Ability to work up to 40 hours a week
- Willing to work part-time during the school year
- Must be able to work in U.S. without sponsorship