What are the responsibilities and job description for the Actuarial Intern - 2025 Summer Internship position at National Interstate Insurance Company?
National Interstate is a member of Great American Insurance Group. As one of the leading commercial transportation insurers in the nation, we offer risk financing solutions in all 50 states tailored to meet the needs of a wide variety of transportation classes. Our offerings include traditional insurance and innovative alternative risk transfer (ART) programs, including more than a dozen group captive programs catering to niche wheels markets. We are proud to be a multiple Northcoast 99 winner and Cleveland Plain Dealer Top Workplace in Northeast Ohio. It is because of our talented and dedicated team that we are able to live out our company values of integrity, transparency, fairness, accountability, empowerment and collaboration with each transaction we make. If you are ready to join an engaging and driven team such as ours, we would love to hear from you!
Since 1989, National Interstate Insurance has specialized in serving the insurance needs of the wheels-based transportation industry. Our steadfast focus on developing niche expertise in product design, loss control and claim services has made National Interstate one of the most respected names in commercial transportation insurance today. (https://natl.com/)
The National Interstate Internship program gives students the ability to apply their skills and knowledge from their classes to the workplace. The program provides a unique hands-on experience to explore the insurance industry and leave an impact on the business. Interns will have the opportunity to learn about various departments, engage in professional development training, and shadow different areas of the business. In addition, social activities foster an environment for all to network and build relationships.
National Interstate Insurance is looking for an Actuary Intern, part of our 2025 Summer Internship Program, to join their team. This individual will work out of the Richfield, Ohio office.
Essential Job Functions And Responsibilities
Education: Currently enrolled in a Bachelor's degree (B.A.) from a four-year college or university pursuing a degree in Actuarial Science or a related field. Anticipated graduation date ranging from Fall/Winter 2025 to Spring 2026.
Company
NIIC National Interstate Insurance Company
Benefits
Compensation varies by role, position level, and location. Individual pay is influenced by skills, education, training, certifications, experience, and the role's scope and complexity, along with business needs.
We offer a competitive Total Rewards package, including medical, dental, and vision plans starting on day one, PTO, paid holidays, commuter benefits, an employee stock purchase plan, education reimbursement, paid parental leave/adoption assistance, and a 401(k) plan with company match. These benefits are available to eligible full-time and part-time employees.
Your recruiter can provide more details about our total rewards and specific compensation ranges during the hiring process.
Since 1989, National Interstate Insurance has specialized in serving the insurance needs of the wheels-based transportation industry. Our steadfast focus on developing niche expertise in product design, loss control and claim services has made National Interstate one of the most respected names in commercial transportation insurance today. (https://natl.com/)
The National Interstate Internship program gives students the ability to apply their skills and knowledge from their classes to the workplace. The program provides a unique hands-on experience to explore the insurance industry and leave an impact on the business. Interns will have the opportunity to learn about various departments, engage in professional development training, and shadow different areas of the business. In addition, social activities foster an environment for all to network and build relationships.
National Interstate Insurance is looking for an Actuary Intern, part of our 2025 Summer Internship Program, to join their team. This individual will work out of the Richfield, Ohio office.
Essential Job Functions And Responsibilities
- Learns various actuarial techniques and procedures.
- Becomes familiar with company operations, systems, and actuarial methodologies.
- Assist with updating data in established pricing and reserving analyses.
- Becomes familiar with basic statistical techniques.
- Improves upon basic knowledge in Excel and introduced to programming and other actuarial software.
- Performs other duties as assigned.
Education: Currently enrolled in a Bachelor's degree (B.A.) from a four-year college or university pursuing a degree in Actuarial Science or a related field. Anticipated graduation date ranging from Fall/Winter 2025 to Spring 2026.
Company
NIIC National Interstate Insurance Company
Benefits
Compensation varies by role, position level, and location. Individual pay is influenced by skills, education, training, certifications, experience, and the role's scope and complexity, along with business needs.
We offer a competitive Total Rewards package, including medical, dental, and vision plans starting on day one, PTO, paid holidays, commuter benefits, an employee stock purchase plan, education reimbursement, paid parental leave/adoption assistance, and a 401(k) plan with company match. These benefits are available to eligible full-time and part-time employees.
Your recruiter can provide more details about our total rewards and specific compensation ranges during the hiring process.
