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

Tokio Marine Group of Companies; Lower Merion Township (Montgomery County); On-site; USD 42,000 - 64,000; Part time

Job summary

Tokio Marine North America Services provides actuarial support and analytics in the United States, including TM America, First Insurance, and Philadelphia Insurance Companies. This role involves data preparation, actuarial analyses, and reporting as part of the Actuarial Student Program.

Ideal candidates are enrolled in an undergraduate or graduate program in actuarial science or math, with strong analytical abilities and keen attention to detail, and a drive to advance within TMNAS.

Qualifications

• Actively enrolled in an undergraduate or graduate program (actuarial science or math preferred).
• Strong analytical and numerical abilities.
• Attention to detail and ability to work in a team.

Responsibilities

• Gather and prepare data for analysis as directed.
• Support data mining and analysis activities.
• Assist in actuarial reports and modeling projects.
• Contribute to projects in pricing, reserving, or reinsurance analyses.
• Complete actuarial exams within the TMNAS Actuarial Student Program guidelines.

Skills

Analytical thinking

Initiative

Goal oriented

Team player

Problem solving

Education

Actuarial science or math

Job 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.