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Actuarial Intern - Summer 2025​/Hybrid

Position: Actuarial Intern - Summer 2025-Morristown, NJ/HybridCrum & 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:Job Description:Actuarial Intern (Summer 2025) - Surplus and Specialty LinesThe Actuarial Intern performs data analysis and conversion to support projects for the Actuarial Team Surplus & Specialty division within Crum & Forster. Works under close supervision and direction of Actuaries.What you will do:Under the direction and supervision of ActuaryPreparation and analysis of actuarial data.Automating and migrating current SQL processes to a new environment.Researching ISO rating manuals and preparing rating specifications for rating service development.Collaborate with other departments to gather and analyze data.Perform other duties as assigned.What you will bring to C&F:Currently pursuing a Bachelor’s or Master’s degree in Actuarial Science, Mathematics, Statistics, or a related field.College sophomore preferred, but juniors will also be considered.Highly motivated with a go-getter personality.Completion of at least one actuarial exam is required.Experience with SQL is required.Strong analytical and problem-solving skills.Proficiency in Microsoft Excel and other data analysis tools.Excellent written and verbal communication skills.Ability to work independently and as part of a team.Strong attention to detail and organizational skills.What C&F will bring to you:Competitive compensation packageA dynamic, ambitious, fun and exciting work environmentWe 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 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 $18.00 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-HYBRID
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What You Should Know About Actuarial Intern - Summer 2025​/Hybrid, Crum & Forster

Are you ready to kickstart your career in the world of numbers and analytics? Crum & Forster is looking for a passionate Actuarial Intern for the summer of 2025 to join our team in Morristown, NJ, with a hybrid work option. At C&F, you’ll have the opportunity to dive deep into the exciting realm of Surplus and Specialty Lines, where you’ll perform critical data analysis and assist our Actuarial Team in important projects. Under the close guidance of experienced actuaries, you’ll learn to automate SQL processes and research ISO rating manuals while preparing for rating service development. Your role will also involve collaborating with various departments to gather and analyze data, ensuring that our processes are as efficient and effective as possible. We’re looking for someone who’s pursuing a Bachelor’s or Master’s degree in Actuarial Science, Mathematics, Statistics, or a related field. A college sophomore is preferred, though juniors are welcome to apply. If you have completed at least one actuarial exam and possess strong analytical skills, as well as proficiency in SQL and Microsoft Excel, we encourage you to join our dynamic, fun, and ambitious work environment. At C&F, we believe in fostering talent and commitment to diversity and community service. So bring your go-getter attitude, attention to detail, and great communication skills, and experience what it means to belong to a team that values inclusivity and innovation!

Frequently Asked Questions (FAQs) for Actuarial Intern - Summer 2025​/Hybrid Role at Crum & Forster
What are the main responsibilities of the Actuarial Intern at Crum & Forster?

As an Actuarial Intern at Crum & Forster, you will be responsible for performing data analysis and supporting various projects within the Actuarial Team for the Surplus and Specialty division. This will include preparing and analyzing actuarial data, automating SQL processes, researching ISO rating manuals, and collaborating with other departments to gather necessary data.

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What qualifications are required for the Actuarial Intern position at Crum & Forster?

To qualify for the Actuarial Intern position at Crum & Forster, candidates should be pursuing a Bachelor’s or Master’s degree in Actuarial Science, Mathematics, Statistics, or a related field. Completion of at least one actuarial exam, experience with SQL, and proficiency in Microsoft Excel are required. Strong analytical and communication skills, along with attention to detail, are also essential for success.

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How does Crum & Forster support the growth of their Actuarial Interns?

Crum & Forster is committed to employee development and provides extensive support to Actuarial Interns. Interns will work under the supervision of experienced actuaries, gaining hands-on experience while developing their skills in data analysis and actuarial practices. The company also promotes an inclusive environment where continuous learning and collaboration with departments are encouraged.

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What is the work environment like for Actuarial Interns at Crum & Forster?

The work environment for Actuarial Interns at Crum & Forster is dynamic, ambitious, and fun. With a commitment to employee wellbeing, the company fosters a culture of inclusivity and diverse perspectives. Interns enjoy a collaborative atmosphere that encourages learning and community involvement, making it an ideal place to grow professionally.

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What is the pay range for the Actuarial Intern position at Crum & Forster?

The pay range for the Actuarial Intern position at Crum & Forster is between $18.00 and $25.00 per hour. Compensation varies based on factors such as market pay, responsibilities, and individual performance within the company. This transparent pay structure helps ensure fairness and equitability in compensation for all interns.

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Common Interview Questions for Actuarial Intern - Summer 2025​/Hybrid
Can you explain your understanding of the role of an Actuarial Intern?

An Actuarial Intern is involved primarily in analyzing data and supporting actuarial projects under supervision. It’s crucial to communicate your understanding of the significance of data integrity, analytical skills, and how this role contributes to the insurance industry.

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What experience do you have with SQL?

Explain any relevant coursework or projects where you utilized SQL for data analysis. Highlight specific instances where you automated processes or worked with databases, showcasing your attention to detail and analytical capabilities.

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How do you approach solving complex problems?

Discuss your problem-solving methodology, emphasizing logic, research, and collaboration. Mention a past experience where you tackled a challenging situation and the outcome, demonstrating your critical thinking and initiative.

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What actuarial exams have you completed?

Be honest about your progress and the exams you have passed. Elaborate on what you learned from preparing for and taking the exams, and how they apply to the Actuarial Intern role at Crum & Forster.

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Describe a time when you worked as part of a team.

Use the STAR format (Situation, Task, Action, Result) to share a specific example of teamwork. Focus on your communication skills, collaborative efforts, and how the team achieved a successful outcome.

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What tools do you use for data analysis?

Mention specific tools such as Microsoft Excel, SQL, or any statistical software you’re familiar with. Discuss how you utilize these tools in practical applications, preferably backed by past experiences.

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Can you give an example of how you’ve paid attention to detail in your work?

Provide a scenario where your meticulous nature made a positive impact. Whether it’s clarifying data, ensuring accuracy in calculations, or reviewing documents, underscore the importance of attention to detail in actuarial work.

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Why do you want to intern with Crum & Forster?

Reflect on C&F’s values and commitment to diversity and employee well-being. Discuss how their proactive approach to community service and professional guidance aligns with your career aspirations.

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How do you manage your time when juggling multiple projects?

Share your strategies for time management, such as prioritization, using digital tools for staying organized, and examples of past experiences where you successfully balanced multiple responsibilities.

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What are your long-term career goals in the actuarial field?

Outline your aspirations within the actuarial profession, referencing how this internship can serve as a foundation for your career. Discuss your commitment to continuous learning and advancement in actuarial practices.

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DATE POSTED
December 5, 2024

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