What are the responsibilities and job description for the Actuarial Intern position at New York Compensation Insurance Rating Board?
About The Internship
We are seeking a motivated and enthusiastic Actuarial Intern to join our team for a summer internship program. This is an excellent opportunity to gain hands-on experience in the actuarial profession, specifically in the workers’ compensation field, while contributing to meaningful projects that make an impact.
As an intern, you will be responsible for working on key projects supporting different facets of the Actuarial department. This opportunity will provide experience working independently and as part of a team. Sample duties:
The New York Compensation Insurance Rating Board (NYCIRB) is a non-profit, unincorporated association of insurance carriers. NYCIRB is licensed by the New York State Department of Financial Services as the official workers’ compensation rate service organization in the State. In this capacity, NYCIRB provides a variety of services to the workers’ compensation industry, including data collection and analysis, and the development of loss costs and rating values. These activities, along with analytical tools, research, and customer focused services, are intended to foster a stable and healthy workers’ compensation system in the State of New York.
INTERNSHIP DETAILS
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We are seeking a motivated and enthusiastic Actuarial Intern to join our team for a summer internship program. This is an excellent opportunity to gain hands-on experience in the actuarial profession, specifically in the workers’ compensation field, while contributing to meaningful projects that make an impact.
As an intern, you will be responsible for working on key projects supporting different facets of the Actuarial department. This opportunity will provide experience working independently and as part of a team. Sample duties:
- Assists in the creation of actuarial models
- Review information for accuracy and reconcile data
- Provide research and assistance for special projects as assigned
- Present findings and make recommendations
- Perform work assignments in support of departmental goals
- Attend and participate in meetings at the invitation of leadership
- Compile analytical and statistical reports
- Perform additional duties as assigned
The New York Compensation Insurance Rating Board (NYCIRB) is a non-profit, unincorporated association of insurance carriers. NYCIRB is licensed by the New York State Department of Financial Services as the official workers’ compensation rate service organization in the State. In this capacity, NYCIRB provides a variety of services to the workers’ compensation industry, including data collection and analysis, and the development of loss costs and rating values. These activities, along with analytical tools, research, and customer focused services, are intended to foster a stable and healthy workers’ compensation system in the State of New York.
INTERNSHIP DETAILS
- Hourly rate: $29 - $34/hour
- Dates: June 3 to August 8, 2025
- Location: New York, NY
- Work Environment: Hybrid (3 days per week in the office)
- Ability to think creatively, communicate clearly and work collaboratively
- Attention to detail and accuracy
- Ability to work the full duration of the Internship Program
- Currently attending/enrolled in an undergraduate or graduate program
- At least one actuarial exam
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Salary : $29 - $34
