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Actuarial Intern - 2021 Summer Internship Program- CR

ISO

Actuarial Intern - 2021 Summer Internship Program- CR

Jersey City, NJ
Internship
Paid
  • Responsibilities

    Job Description

    Verisk’s Summer Internship Program is designed to provide our interns with real work experience, professional development events, and networking opportunities. We're looking for motivated individuals who embody the Verisk Way to Serve, Add Value, and Innovate.

    Actuarial Internships:

    • Prepare products for regulators and internal & external customers in a timely and accurate manner.  Products may include loss cost reviews, filings, circulars, annual statistical filings, and customized data products to meet customer needs. 

    • Work on other projects such as class plan reviews, territorial reviews, regulatory reports and fulfilling contractual obligations. 

    • Write and run computer programs to extract data for review and report compilation. 

    • Review the quality of data submitted by insurance companies both on transactional and aggregate levels. 

    • Develop more efficient, automated ways to improve processing including data quality and error detection processes.  This can include providing suggestions for improvements in ratemaking and data quality review procedures. 

    • Help respond to questions from regulators and insurers on filings, circulars and other products. 

    • Contact ISO’s insurer customers and other organizations regarding the reasonableness of reported data. 

    • Make actuarial and data management presentations to Insurer Panels, insurers who report data to us and ISO users of data. 

    • Collaborate with other ISO divisions (actuarial, analytical and technology) on improving data, products and procedures. 

    • Become a subject matter expert on one or more lines of property-casualty insurance business 

    • Perform other duties as assigned.

      

    The Intern Program is not eligible for work visa sponsorship.  If you will require work visa sponsorship (e.g. H1-B visa)” after completing your degree, you do not meet the basic requirements of the summer Intern role. 

  • Qualifications

    Qualifications

    Required Experience 

    • Currently enrolled in a college or university, studying Mathematics, Data Science, Statistics, Economics, Risk Management, Operational Research or related discipline.

    • Interest in the insurance industry 

    • Strong written and oral communication skills.

     

    Ability to work independently and as part of a team. 

    • Ability to work under time constraints, multi-task, and adjust plans in the face of changing priorities. 

    • Continued desire and ability to learn. 

    • Ability to perform essential job duties with or without reasonable accommodation.  

    • All candidates must have eligibility to work permanently in the U.S.

    Preferred Experience (not required)  

    • Passage of at least one actuarial exam is preferred; not required 

    • Technical background should include a working knowledge of MS Office applications and understanding of computer programming concepts. 

    • Knowledge of SQL, SAS, R, ETL tools or Business Rules Engines is a plus 

    • Background experience in Tableau, Spotfire, COGNOS, or other data visualization software would be advantageous. 

    • The Intern Program is not eligible for work visa sponsorship.  If you will require work visa sponsorship (e.g. H1-B visa) after completing your degree, you do not meet the basic requirements of the summer Intern role.

    Additional Information

    Verisk Analytics is an equal opportunity employer.

    All members of the Verisk Analytics family of companies are equal opportunity employers. We consider all qualified applicants for employment without regard to race, religion, color, national origin, citizenship, sex, gender identity and/or expression, sexual orientation, veteran's status, age or disability.

    http://www.verisk.com/careers.html

    Unsolicited resumes sent to Verisk, including unsolicited resumes sent to a Verisk business mailing address, fax machine or email address, or directly to Verisk employees, will be considered Verisk property. Verisk will NOT pay a fee for any placement resulting from the receipt of an unsolicited resume.

    CONSUMER PRIVACY NOTICE