Pricing Actuarial Internship Programme

AWAC; Hong Kong; On-site; HKD 89,000 - 134,000; Full time

Job summary

Allied World invites university students to join the Asia-Pacific pricing team for a six-month internship, gaining hands-on experience in general insurance pricing while collaborating with experienced actuaries and underwriters across the region.

You will contribute to actuarial projects, learn pricing decision-making and understand the commercial aspects of insurance, with exposure to real-world business challenges.

Qualifications

• Pursuing a bachelor’s degree in actuarial studies, mathematics, statistics, data analytics or a related field.
• Good working knowledge of Microsoft Excel.
• Programming experience or exposure to VBA, Python, SAS or R would be beneficial.
• Strong analytical skills and a willingness to learn.
• Open communication and teamwork are essential to this role.

Responsibilities

• Assisting with the development, testing and refinement of rating models.
• Supporting the preparation of pricing indications for individual large accounts.
• Assisting with the reporting and monitoring of key portfolio metrics for management and business stakeholders.
• Supporting the automation and enhancement of pricing processes, reporting and analytical workflows.
• Any other duties, as assigned by the manager.

Education

Bachelor’s degree in actuarial studies, mathematics, statistics, data analytics or related discipline

Tools

Excel

VBA

Python

SAS

R

Job description

Take the next step in your career with us.

Allied World is an ideal place for talented professionals who are driven by a belief in the value of collaboration and the power of knowledge.

We believe that when our great people work together and support one another, our clients receive the best solutions. We embrace unique perspectives and empower each person to grow through professional development, career training and mentoring programs.

Our people are our most important asset, and we are very proud of the quality of our team members.

We are seeking a talented and motivated university student to join our Asia-Pacific pricing team for a six-month internship. This role offers an excellent opportunity to gain hands‑on experience in general insurance pricing while working alongside experienced actuaries and underwriters across the region. You will gain valuable exposure to real‑world business challenges, actuarial decision‑making, and the commercial aspects of the insurance industry. The successful candidate will contribute to a range of actuarial projects and help turn business needs into actionable solutions.

What does the role entail?

• Assisting with the development, testing and refinement of rating models
• Supporting the preparation of pricing indications for individual large accounts
• Assisting with the reporting and monitoring of key portfolio metrics for management and business stakeholders
• Supporting the automation and enhancement of pricing processes, reporting and analytical workflows
• Any other duties, as assigned by the manager

What do you need to bring?

• Currently pursuing a bachelor’s degree, preferably in the penultimate or final year, in actuarial studies, mathematics, statistics, data analytics or a related discipline
• Good working knowledge of Microsoft Excel
• Programming experience or exposure to VBA, Python, SAS or R would be beneficial
• Strong analytical skills and a willingness to learn
• Strong ethics and integrity
• Open communication and teamwork are essential to this role

Working at Allied World

Our team of over 1,650 professionals has deep expertise in the industry. They enjoy their work, and many have served for several years. This is what you can expect when you join us:

• Instant membership in the Allied World — a global network of colleagues who will support your career journey
• A manager who will help you build your career through a structured coaching program
• Access to a full suite of learning and development tools and resources

Global Presence

Headquartered in Bermuda, Allied World has offices in Atlanta, Boston, Brisbane, Chicago, Costa Mesa, Dallas, Dublin, Farmington (CT), Hong Kong, Houston, London, Los Angeles, Malaysia, Manchester, Miami, Nashville, New Jersey, New York, Philadelphia, San Francisco, Singapore, Sydney, Switzerland and Toronto. We strive to provide exceptional service to our clients and distribution partners.

Our Business

Allied World Assurance Company Holdings, Ltd, through its subsidiaries, is a global provider of insurance and reinsurance solutions. We operate under the brand Allied World and have supported clients, cedents and trading partners with thoughtful service and meaningful coverages since 2001. We are a subsidiary of Fairfax Financial Holding Limited, and benefit from a worldwide network of affiliated entities that allow us to think and respond in a non‑traditional ways.

Allied work is an equal opportunity employer. Subject to applicable law, all qualified applicants will be considered for employment without regard to race, color, religions or belief, gender, age, disability, military service, marital or civil partnership status, family status, sexual orientation, ethnic or national origin, genetic information or any other characteristic protected by applicable law or regulation in the relevant jurisdiction where we operate.

To learn more, visit awac.com, or follow us on Facebook and LinkedIn.