Internship - Actuary

As an Internship - Actuary at our company, you'll take on a range of responsibilities that include analyzing insurance data to identify trends, supporting the development of actuarial models for pricing and risk management, and preparing actuarial reports and presentations. You'll also collaborate with various departments to gather data and conduct research on industry trends.

To apply for the Internship - Actuary position, you should be pursuing a degree in Actuarial Science, Mathematics, Statistics, or a related field, and maintain a minimum GPA of 3.0. Additionally, candidates must have junior standing or higher, as this role is geared towards individuals who have progressed in their academic careers.

Yes, the Internship - Actuary position is a paid internship. The salary range for this role is between $19.00 and $24.00 per hour, which may vary based on candidate experience and the cost of labor in New York, NY.

Success in the Internship - Actuary role requires strong analytical skills, excellent problem-solving abilities, and a keen interest in actuarial science. Additionally, effective communication skills will help you collaborate with team members and present your findings clearly.

The Internship - Actuary position begins in June 2025 and runs through August 2025, providing a full summer of hands-on experience in the actuarial field.

Actuarial science is the discipline that applies mathematical and statistical methods to assess risk in insurance, finance, and other industries. It's essential to understand how to analyze data and use actuarial models to predict future events and inform decision-making.

I am eager to gain practical experience in the actuarial field, where I can apply my analytical skills and knowledge from my academic studies. This internship at your company presents an opportunity to learn from seasoned professionals and contribute meaningfully to real-world projects.

In my coursework, I encountered a complex statistical analysis project. By breaking down the problem into smaller parts and utilizing various analytical methods, I was able to find an effective solution and present it confidently to my class, highlighting the key findings and implications.

I prioritize competing tasks by assessing their deadlines and impact. I typically create a detailed action plan, listing out all tasks and their importance, then tackle them systematically while adjusting my approach as needed based on progress and feedback.

I have experience using Excel for statistical analysis, as well as familiarity with programming languages like R and Python for data manipulation and modeling. I'm eager to expand my expertise in industry-specific software used in actuarial practices.

I stay updated on industry trends by reading actuarial journals, attending webinars, and following reputable news sources related to insurance and finance. This ongoing education helps me understand the evolving landscape of the actuarial profession.

During a group project in my statistics class, I collaborated with teammates by assigning specific roles based on our strengths. I coordinated meetings to ensure everyone was aligned, facilitated open communication, and we ultimately delivered a comprehensive analysis that garnered positive feedback.

One of the most challenging aspects of working in actuarial science is the complexity of modeling uncertain future events. It requires a deep understanding of data and the ability to communicate findings clearly to stakeholders, ensuring they understand the implications of the analysis.

I am drawn to property and casualty insurance due to its broad impact on individuals and businesses. The dynamic nature of this field, along with the ability to contribute to risk management and financial stability, aligns perfectly with my career aspirations.

To analyze a set of actuarial data, I would first clean and prepare the data to ensure accuracy. Next, I would employ statistical methods to identify trends, test hypotheses, and create models. Finally, I would interpret the results and present my findings in an accessible format to stakeholders.