What are the responsibilities and job description for the 2025 Summer Intern Program- Actuary Intern, NYC position at Westfield Specialty Insurance?
Job Description
Our Summer Internship Program is a paid, ten-week program that offers students the opportunity to obtain firsthand insight into the insurance business. Every day you'll learn and develop your skills but you'll also have a clear and supportive path ahead of you. You'll gain the confidence to take on real projects, build your network and learn from senior leaders across our business. We are seeking Intern candidates to work with our Pricing Actuary team in our New York, NY office.
Program Elements Include
For those who excel in the program, we would welcome the opportunity to discuss full-time employment opportunities at Westfield Specialty after graduation as part of our Trainee Program.
As Part Of Our Internship Program You Will Receive
#wsp
Equal Opportunity Employer
United States: All applicants receive consideration for employment without regard to race, color, sex, religion, national origin, age, sexual orientation, gender identity, disability, or status as a protected veteran.
United Kingdom: Westfield is committed to equality of opportunity for all staff and applications from individuals are encouraged regardless of age, disability, sex, gender reassignment, sexual orientation, pregnancy and maternity, race, religion or belief and marriage and civil partnerships.
Our Summer Internship Program is a paid, ten-week program that offers students the opportunity to obtain firsthand insight into the insurance business. Every day you'll learn and develop your skills but you'll also have a clear and supportive path ahead of you. You'll gain the confidence to take on real projects, build your network and learn from senior leaders across our business. We are seeking Intern candidates to work with our Pricing Actuary team in our New York, NY office.
Program Elements Include
- Classroom and On The Job Training
- Weekly Lunch and Learn Series with Senior Leaders
- Formal Mentor Program
- Presentations from Major Brokerage Partners
- Teambuilding and Social Activities; including Community Service Event
- Industry based Group Project
For those who excel in the program, we would welcome the opportunity to discuss full-time employment opportunities at Westfield Specialty after graduation as part of our Trainee Program.
As Part Of Our Internship Program You Will Receive
- Targeted business training designed to help you refine your professional skills and acumen critical to the success of Westfield professionals;
- Technical training to deepen your skill level within your chosen discipline; and an understanding of the broader insurance industry;
- Access to additional training to compliment your professional development.
- Opportunity to expand your professional network with talented insurance professionals
- Data organization: Input, update, and organize data for actuarial models
- Risk analysis: Analyze risk and predict the probability of future events
- Report preparation: Prepare reports and presentations using software like Excel, Word, and PowerPoint
- Mathematical modeling: Build mathematical models
- Project collaboration: Work with actuarial project teams
- Communication: Communicate effectively with project teams and mentors
- Special projects: Complete special projects as assigned
- Industry learning: Participate in meetings and informational sessions to learn about the industry and company
- Technical skills: Practice technical skills and learn a variety of methods
- Attend team meetings, participate in discussions, and offer insights or suggestions on process improvement.
- REQUIRED FOR ACTUARY INTERNS: Successful completion of one SOA exam highly preferred (a minimum requirement of scheduled sitting for SOA exam)
- Currently pursuing an Undergraduate or Masters degree in Actuarial Science, Math, Statistics, Risk Management or equivalent program
- Strong GPA preferred (Minimum GPA of 3.2 required)
- Strong oral and written communication skills
- Leadership experience through work or involvement in community service, athletics, clubs, or other activities preferred
- Technically adept/digitally savvy
- Ability to be onsite in office 4 days a week
#wsp
Equal Opportunity Employer
United States: All applicants receive consideration for employment without regard to race, color, sex, religion, national origin, age, sexual orientation, gender identity, disability, or status as a protected veteran.
United Kingdom: Westfield is committed to equality of opportunity for all staff and applications from individuals are encouraged regardless of age, disability, sex, gender reassignment, sexual orientation, pregnancy and maternity, race, religion or belief and marriage and civil partnerships.
Salary : $25