Actuarial Analyst Internship- Summer 2027/Hybrid, Bala Cynwyd, PA

TMNA Services, LLC; Bala Cynwyd (PA); On-site; USD 42,000 - 54,000; Full time

Job summary

Tokio Marine North America Services (TMNAS) provides professional actuarial support to Tokio Marine Group companies in the United States. The role supports the actuarial function through analyses, data preparation, and participation in pricing, reserving, and financial modeling projects.

Ideal candidates are actively enrolled in actuarial science or mathematics programs and possess strong analytical skills, attention to detail, and the ability to work well in teams.

Qualifications

• Must be actively enrolled in an undergraduate or graduate program, preferably in actuarial science, math or a related field.
• Basic understanding of statistical methods and actuarial tools and techniques.

Responsibilities

• Gather and prepare data for analysis, as directed. Provides support for data mining
• Participate in programming, preparation, and interpretation of actuarial reports
• Participate in projects involving product development, pricing, reserving, reinsurance issues or financial modeling
• Develop new ideas that improve the Department's performance
• Successful completion of actuarial examinations within the guidelines set in the TMNAS Actuarial Student Program
• Comply with proper internal controls as necessary to conduct job functions and/or carry out responsibilities and/or administrative activities at Company
• Perform special projects and other duties as may be assigned

Skills

Analytical thinking

Attention to detail

Team collaboration

Self-motivation

Problem solving

Education

Actuarial science / Math student

Job description

Description

Marketing Statement:

Tokio Marine North America Services (TMNAS) provides professional support services to Tokio Marine Group companies in the United States, including Tokio Marine America, First Insurance Company of Hawaii, and Philadelphia Insurance Companies. Customer service is our focus and our passion! Tokio Marine North America Services adds value in all that we do, providing the best professional service to our business partners, allowing them to achieve their goals. Our talented team delivers actuarial, audit, corporate communications, financial and investment, human capital services, information technology, legal, and payroll expertise to our customers.

JOB SUMMARY

Supports the actuarial function and staff by performing actuarial analyses and calculations, preparing reports and participating in actuarial projects.

JOB RESPONSIBILITIES

• Gather and prepare data for analysis, as directed. Provides support for data mining
• Participate in programming, preparation, and interpretation of actuarial reports
• Participate in projects involving product development, pricing, reserving, reinsurance issues or financial modeling
• Develop new ideas that improve the Department's performance
• Successful completion of actuarial examinations within the guidelines set in the TMNAS Actuarial Student Program
• Comply with proper internal controls as necessary to conduct job functions and/or carry out responsibilities and/or administrative activities at Company
• Perform special projects and other duties as may be assigned

KNOWLEDGE/SKILLS/ABILITIES (KSA's)

Knowledge

• Basic understanding of statistical methods and actuarial tools and techniques.
• Basic knowledge of approaches, tools, techniques for recognizing, anticipating, and resolving actuarial operational or process problems

Skills

• Ability to understand alternative solutions that resolve problems in the best interest of the business
• Demonstrated initiative to seek out work
• Strong drive to accomplish goals

Abilities

• Superior analytical and reasoning skills with the capability to determine the root cause of actuarial-related problems
• Strong attention to detail; ability to process actuarial-related information with high levels of accuracy
• Ability to work effectively as part of a team

QUALIFICATIONS

• Must be actively enrolled in an undergraduate or graduate program, preferably in actuarial science, math or a related field

EEO Statement

Tokio Marine Group of Companies (including, but not limited to the Philadelphia Insurance Companies, Tokio Marine America, Inc., TMNA Services, LLC, TM Claims Service, Inc. and First Insurance Company of Hawaii, Ltd.) is an Equal Opportunity Employer. In order to remain competitive we must attract, develop, motivate, and retain the most qualified employees regardless of age, color, race, religion, gender, disability, national or ethnic origin, family circumstances, life experiences, marital status, military status, sexual orientation and/or any other status protected by law.