Actuarial Intern

SageSure

Chicago (IL)

On-site

USD 30,000 - 38,000

Full time

14 days+
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Job summary

SageSure is seeking an Intern to join the Rising Pioneer Program as part of our Product Development and Commercial teams in Chicago, IL. Working on the Actuarial path, you’ll gain hands-on experience in pricing, product development, and data-driven decision making, with a rotational program and exam assistance to support your career growth.

You'll collaborate across underwriting, marketing, and software, receive coaching, and have opportunities to earn college credit while contributing to real

Qualifications

  • Undergraduate education in Actuarial Science or STEM.
  • Graduation date in 2028 or later.
  • Strong analytical, problem-solving and reasoning skills.
  • Proficiency in Microsoft Excel.
  • Strong communication skills for technical and non-technical contexts.
  • Ability to multitask and learn quickly.
  • Ability to work independently and as part of a team.
  • Authorization to work in the United States.

Responsibilities

  • Learn and apply actuarial techniques in developing pricing plans.
  • Assist in providing technical analyses for current and future product development.
  • Network with employees and leaders during on-the-job experience.
  • Potential to earn college credit.
  • Modeling, research and analysis support on ad-hoc projects.
  • Collaborative teamwork and individual capstone projects.
  • Recommend solutions to industry issues and fulfill tasks set by team leaders.
  • Receive coaching and feedback from SageSure professionals.

Skills

Analytical thinking
Communication
Excel
Multitasking
Teamwork
Independent work
Authorization to work in the US

Education

Actuarial Science or STEM degree

Tools

R
Modeling packages
Programming languages
Spreadsheet/database software

Job description

Overview:

If you're looking for the stability of a profitable, growing company with the entrepreneurial spirit of a startup, we’re hiring. SageSure, a leader in catastrophe-exposed property insurance, is seeking an Intern to join the Rising Pioneer Program as part of our

Overview:

If you're looking for the stability of a profitable, growing company with the entrepreneurial spirit of a startup, we’re hiring. SageSure, a leader in catastrophe-exposed property insurance, is seeking an Intern to join the Rising Pioneer Program as part of our Product Development and Commercial teams.

Working on the Actuarial team at SageSure, the largest independent residential managing general underwriter (MGU) in the U.S., offers a broad range of opportunities and experience to advance your career. You’ll not only be predicting and modeling risk in some of America’s most challenging markets but also working in multiple actuarial disciplines, including pricing and product. At SageSure, you’ll gain hands-on experience working on challenging assignments and make data-driven decisions to help solve business problems. Our tight-knit, collaborative team regularly presents our findings to senior management and frequently collaborates across the company to leverage synergies with underwriting, marketing, program operations and software. We provide the support you’d expect—including a rotational program and exam assistance—and develop and champion your whole career.

What you’d be doing:
  • Learn and use actuarial techniques in developing pricing plans
  • Assist in providing technical and analytical assessments of complex business issues related to the management of the current and future development of insurance products
  • Learn and network with employees, leaders, and other interns during an on-the-job experience
  • Potential to earn college credit
  • Modeling, research and analysis support on ad-hoc projects
  • Collaborative teamwork and/or individual Capstone project
  • Recommend solutions to industry issuesFulfill tasks set out by team leaders
  • Receive coaching, mentoring and feedback from knowledgeable SageSure professionals
We’re looking for someone who has:
  • An undergraduate education to pursue a degree in Actuarial Science or STEM-related field
  • A graduation date in 2028
  • Solid analytical, problem-solving, and reasoning skills
  • Proficiency in Microsoft Office Suite, particularly Excel
  • Strong Communication skills, both with technical and non-technical resources
  • Ability to multitask and hungry to learn
  • Ability to work independently and as a team member
  • Authorization to work in the United States
Highly preferred candidates also have:
  • Proficiency in Microsoft Office Suite
  • Prior internship experience
  • GPA of 3.0 or higher
  • Passage of one or more actuarial exam(s)
  • Strong technical skills
  • Familiarity with R is a plus
  • Knowledge of modeling packages, programming languages, and spreadsheet / database software
About SageSure:

Named among the Best Places to Work in Insurance by Business Insurance for four years in a row (2020-2023), SageSure is one of the largest managing general underwriters (MGU) focused on catastrophe-exposed property in the US. Since its founding in 2009, SageSure has experienced exceptional growth while generating underwriting profits for carrier partners through hurricanes, wildfires, and hail. Available in 16 states, SageSure offers more than 110 home, flood, and commercial products on behalf of its highly rated carrier partners. Today, SageSure manages more than $3.2 billion of inforce premium and helps protect more than 970,000 policyholders. We have more than 1,000 employees in a distributed workforce environment across 12 offices - Fairfield, CA; Mountain View, CA; Cheshire, CT; Jacksonville, FL; Tallahassee, FL; Tampa, FL; Chicago, IL; Jersey City, NJ; Marlton, NJ; Cincinnati, OH; Houston, TX; Sheboygan, WI - who are tackling the industry’s toughest challenges. SageSure is a proud Equal Opportunity Employer committed to building a workforce that reflects the spectrum of perspectives, experiences, and abilities of the world we live in. We recognize that our differences make us strong, and we actively seek out diverse candidates through partnerships with organizations, institutions and communities that represent various backgrounds. We champion belonging and inclusion for all identities, including, but not limited to, race, ethnicity, religion, sexual orientation, age, veteran status, ability status, gender, and country of origin, striving to create a culture where all individuals feel valued, respected, and empowered to bring their authentic selves to work. Our nimble, highly responsive culture nurtures critical thinkers who run toward problems and engineer solutions. We relentlessly pursue better outcomes by investing in the technology, talent, and tools that position us to succeed in demanding markets. Come join our team! Visit sagesure.com/careers to find a position for you.

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