Actuarial Reserving Intern - Summer 2027
core specialty insuranceChicago, IL
Actuarial Reserving Intern - Summer 2027
L1
core specialty insuranceChicago, ILtoday
Industries
All Other Insurance Related ActivitiesDirect Property and Casualty Insurance CarriersOther Direct Insurance (except Life, Health, and Medical) CarriersInternship Opportunity at Core Specialty Insurance Come grow with us! At Core Specialty Insurance, we cultivate an environment where our interns grow as they are exposed to meaningful, real-life work. At Core Specialty, you're much more than a summer intern, you are a valued member of our team! Why Intern with Core Specialty? Gain experience in a quickly growing environment! Where every day provides new and exciting opportunities!12-week summer program Very competitive intern pay! Exposure to senior level management and company executives Collaborative work environment with a relaxed company culture Our values are the core of everything we do: We have a "bring it on" attitude. We act quickly to make things happen. We empower and enable rapid decision making. We solve problems with expertise. We have an unmatched depth of knowledge and experience. We have high integrity, self-discipline and respect for others. As a valued intern on our Actuarial Reserving team, you will be given real meaningful work as well as support and guidance from our actuaries as you continue on your exam path.
Key Accountabilities/Deliverables:
Perform and prepare quarterly reserve reviews to support adequate and accurate reserves recorded
Create and distribute Quarterly Reserve ReportCreate and distribute CAT reporting, including a process for tracking incurred claims against reserve indication on a monthly basis; Monitor loss emergence against plan assumptions and provide summaries to management
Create and distribute Monthly AvE: CAT, Large Loss and Attritional; Develop and monitor monthly metrics to identify any trends in loss costs with a process oriented toward maintaining stable attritional LRsTechnical Knowledge and Understanding:
- Passed at least one Actuarial Exam strongly preferred
- Basic Excel experience
- Interest in insurance industry
- Knowledge of actuarial exam process
- Strong organization and communication skills
- The ability to learn, understand, and apply technical concepts
- Ownership of tasks
- Works within deadlines with guidance.
- Able to manage time and prioritize with guidance
- Adapts future behaviors based on prior mistakes
- Accepts and reacts positively to feedback
- Seeks out assistance as needed
Experience:
- Must be actively pursuing a Bachelor's or Master's degree in Actuarial Science, Mathematics, Statistics, Economics, or related field
- Demonstrate sufficient progress in understanding and applying basic actuarial principles is required
- Studying for CAS preliminary exams; may have 1-2 passed
Applicants must be authorized to work for any employer in the U.S. We are unable to sponsor or take over sponsorship of an employment Visa for this position.
Apply now
Level
InternL1
Location
Chicago, IL
Occupation
Actuaries
Industry
All Other Insurance Related Activities
Posted
today
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