Actuarial Intern - Morristown, NJ or Remote

Crum & Forster Company Overview:Crum & Forster (C&F), with a proud history dating to 1822, provides specialty and standard commercial lines insurance products through our admitted and surplus lines insurance companies. C&F enjoys a financial strength rating of "A" (Excellent) by AM Best and is proud of our superior customer service platform. Our claims and risk engineering services are recognized as among the best in the industry.Our most valuable asset is our people: more than 2000 employees in locations throughout the United States. The company is increasingly winning recognition as a great place to work, earning several workplace and wellness awards, including the October 2023 Great Place to Work® Award for our employee-first focus and our steadfast commitment to diversity, equity and Inclusion.C&F is part of Fairfax Financial Holdings, a global, billion dollar organization. For more information about Crum & Forster, please visit our website: www.cfins.com.Job Description:Intern – Actuarial – Commercial Lines and Executive Risk (Morristown or Remote)The Commercial Lines + Executive Risk Division is looking for interns to join us for the summer and work on a handful of projects related to pricing sophistication and book monitoring. The actuarial and data science teams works very closely together and each will have an internship spot available to focus in their respective disciplines. This position will provide valuable experience on the nuances of insurance pricing varying from large accounts (often individually priced based on their own data) to medium sized businesses that are priced using predictive modeling to score account attributes.This role has a wide breadth of lines of business that can be involved from Commercial Lines (Auto, General Liability, Property, Umbrella and Workers’ Compensation) to Executive Risk (Cyber, Professional Liability, Management Liability).What you will do:• Work on 2-3 projects related to account pricing and/or book performance monitoring.• Partner with tenured actuaries and data scientists and learn about the sophistication of pricing insurance.• Develop, maintain, review, update, and enhance pricing toolsWhat you will bring to C&F:• Relevant coursework/exams in actuarial science or data science a plus.• Actuarial: Excel or R experience required• Strong communication skills, both verbal and in writing• One or more Actuarial Exam preferred• An ability to manage time and work effectively independentlyWhat C&F will bring to you:• Competitive compensation package• A dynamic, ambitious, fun and exciting work environment• We believe you do well by doing good and want to encourage a spirit of social and community responsibility, matching donation program, volunteer opportunities, and an employee driven corporate giving program that lets you participate and support your communityAt C&F you will BELONGWe value inclusivity and diversity. We are committed to equal employment opportunity and welcome everyone regardless of race, color, ancestry, religion, sex, national origin, sexual orientation, age, citizenship, marital status, disability, gender identity or Veteran status. If you require a special accommodation, please let us know.For California Residents Only: Information collected and processed as part of your career profile and any job applications you choose to submit are subject to our privacy notices and policies, visit https://www.cfins.com/onlineprivacypolicy/ca/noticeatcollection/ for more information.Crum & Forster is committed to ensuring a workplace free from discriminatory pay disparities and complying with applicable pay equity laws. Salary ranges are available for all positions at this location, taking into account roles with a comparable level of responsibility and impact in the relevant labor market and these salary ranges are regularly reviewed and adjusted in accordance with prevailing market conditions. The hourly pay for the advertised position, located in the specified area, ranges from a minimum of $15.00 to a maximum of $25.00. The actual compensation is determined by various factors, including but not limited to the market pay for the jobs at each level, the responsibilities and skills required for each job, and the employee’s contribution (performance) in that role. To be considered within market range, a salary is at or above the minimum of the range.#LI-BS1#LI-REMOTE