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Actuarial Internship

Chubb
Posted a month ago, valid for 11 days
Location

Philadelphia, PA, US

Salary

$24 - $28 per hour

Contract type

Full Time or Part Time

Health Insurance
Life Insurance

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Sonic Summary

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  • Chubb's Actuarial Team is seeking Actuarial Interns to analyze data and evaluate business opportunities in the P&C insurance market.
  • Interns will work primarily in Philadelphia, PA and Whitehouse Station, NJ, gaining exposure to various actuarial techniques and insurance concepts.
  • Candidates should be pursuing a degree in Mathematics, Statistics, Economics, Finance, Actuarial Sciences, or a related field, with strong analytical and communication skills.
  • The internship program offers networking opportunities within the Actuarial Department and is designed for college students during the summer.
  • Salary details were not specified, but candidates are expected to have a minimum of one year of relevant academic experience.

As a member of Chubb's Actuarial Team, you will help evaluate business opportunities in a given market by analyzing data using P&C actuarial techniques. P&C actuaries advise management on ways to balance the anticipated with the unexpected utilizing all resources available to them.

Actuarial Interns are located primarily in Philadelphia, PA and Whitehouse Station, NJ.  The program offers college students the opportunity to work in one area of our department during the summer.  Interns are exposed to many facets of actuarial techniques and are introduced to insurance concepts.  In addition to working closely with their supervisor, interns are given an opportunity to network with other members of the Actuarial Department.

We are looking for individuals who possess analytical skills, can effectively work as part of a team, are sophisticated communicators, and enjoy designing creative solutions to problems. Qualified candidates should be pursuing a degree in Mathematics, Statistics, Economics, Finance, Actuarial Sciences, or a related field.

Qualifications

  • Undergraduate or Graduate Student in Actuarial Science; Mathematics; Science; Engineering; Economics; Finance or related course of study. 
  • Strong GPA, 3.5 or higher is preferred.
  • At least one actuarial exam passed is preferred.
  • Strong mathematical skills (including calculus, probability, and statistics)
  • Working knowledge of Microsoft Office products, specifically Excel and Access 
  • Experience with SQL, R Studio and Python is preferred
  • Solid analytical and problem-solving skills       
  • Strong communication skills including a demonstrated ability to clearly explain projects/work products.    
  • Ability to contribute to the attainment of business goals and objectives through teamwork

The pay range for the role is $24 to $28 per hour. The specific offer will depend on an applicant’s skills and other factors. This role may also be eligible to participate in a discretionary annual incentive program.  Chubb offers a comprehensive benefits package, more details on which can be found on our careers website.  The disclosed pay range estimate may be adjusted for the applicable geographic differential for the location in which the position is filled.

 

Sponsorship, now or in the future, is not available for this role. Applicants must be legally authorized for employment in the U.S. without need for current or future employment-based sponsorship.


Chubb is a world leader in insurance. With operations in 54 countries, Chubb provides commercial and personal property and casualty insurance, personal accident and supplemental health insurance, reinsurance, and life insurance to a diverse group of clients. The company is distinguished by its extensive product and service offerings, broad distribution capabilities, exceptional financial strength, underwriting excellence, superior claims handling expertise and local operations globally.

At Chubb, we are committed to equal employment opportunity and compliance with all laws and regulations pertaining to it. Our policy is to provide employment, training, compensation, promotion, and other conditions or opportunities of employment, without regard to race, color, religious creed, sex, gender, gender identity, gender expression, sexual orientation, marital status, national origin, ancestry, mental and physical disability, medical condition, genetic information, military and veteran status, age, and pregnancy or any other characteristic protected by law. Performance and qualifications are the only basis upon which we hire, assign, promote, compensate, develop and retain employees. Chubb prohibits all unlawful discrimination, harassment and retaliation against any individual who reports discrimination or harassment.



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