Actuarial Intern

Acturhire; Stamford (CT); On-site; USD 28,000 - 41,000; Full time

Job summary

Berkley Custom’s team delivers excellent service to brokers and customers with deep expertise in excess casualty and targeted programs. They emphasize exclusive partnerships, industry experience, and long-term relationships across 30+ years in E&S and program markets.

The Internship offers hands-on work on pricing, reserving, and portfolio management for excess and surplus lines, under supervision. It requires strong analytical skills, clear communication, and independence in a collaborative

Qualifications

• Actively enrolled in a four-year college degree program or recent graduate.
• Completed coursework in one or more study areas: insurance, financial mathematics, economics, probability and statistics.
• Successful completion of one or more CAS exams preferred.

Responsibilities

• Providing pricing and loss rating support to underwriting divisions
• Contributing to current reserving projects
• Contributing to annual program reviews for casualty divisions
• Assisting with management reporting and portfolio management functions such as rate change reporting and aggregation analyses

Skills

Analytical skills

Communication skills

Detail orientation

Independent worker

Team collaboration

MS Office

SQL

Excel

Education

Insurance

Financial mathematics

Economics

Probability & statistics

Tools

SQL

Excel

Outlook

Word

Job description

Company Details

From middle market to Fortune 500 companies, Berkley Custom’s team is committed to providing excellent service and a consistent approach to meet the needs of their brokers and their customers, bringing specific expertise in excess casualty as well as a variety of targeted primary and excess programs.

They seek to outperform competitors with focus and deep understanding of their client’s priorities and by developing creative risk solutions to meet their long-term needs. Their key differentiators include the following:

EXCLUSIVE PARTNERSHIPS –Berkley Custom works exclusively the wholesale brokerage community as well as their program partners and continually builds upon long established relationships with a passion for superior service for their appointed producers.

INDUSTRY PROFESSIONALS– Berkley Custom attracts and retains professionals with significant experience in their field, many with over 25 years in the business. Their culture values and promotes deep industry knowledge, integrity, excellence, and respect.

LONG-TERM APPROACH TO ACCOUNTS– Berkley Custom continually seeks partners for the long term who share their values and risk management discipline.

Long-term relationships have been their management’s trademark in over 30 years of serving customers in the E&S and Program marketplace. Their team is dedicated to serving the varied casualty exposure needs of their brokers and their customers. By truly understanding risk exposures in a constantly changing global environment, they can better work with you to keep risk placement recommendations current and responsive.

The Company is an equal employment opportunity employer.

https://www.berkleycustom.com/home/

Responsibilities

Under direct supervision, the Actuarial Intern will be assigned to projects to provide research, analysis and insights to support pricing, reserving, and portfolio management for excess and surplus insurance or specialty admitted products. Key functions will include but are not limited to:

• Providing pricing and loss rating support to underwriting divisions
• Contributing to current reserving projects
• Contributing to annual program reviews for casualty divisions
• Assisting with management reporting and portfolio management functions such as rate change reporting and aggregation analyses

Qualifications

Education Requirement:

• Actively enrolled sophomore, junior or senior student in four-year college degree program required, or recent college graduate
• Completed college coursework in one of more study areas: insurance, financial mathematics, economics, probability and statistics required
• Successful completion of one or more CAS exams preferred

Qualifications

• Ability to take direction from Actuary
• Excellent verbal and written communication skills
• Strong analytical skills
• Strong organizational skills and attention to detail
• Ability to demonstrate accuracy and thoroughness
• Ability to monitor own work to ensure quality and meet deadlines
• Self-starter who works well independently and in a team environment
• Ability to identify and resolve problems in a timely manner, gathering and analyzing information effectively
• Sound knowledge of internet search engines, databases and how to optimize the search
• Proficiency in MS Office (Word, Excel, Outlook)
• Computer Proficiency using databases (SQL) and spreadsheets (Excel)

Additional Company Details

We do not accept any unsolicited resumes from external recruiting agencies or firms. Base Salary Range: $20-30/hr The actual salary for this position will be determined by a number of factors, including the scope, complexity and location of the role; the skills, education, training, credentials and experience of the candidate; and other conditions of employment.

Sponsorship Details

Sponsorship not Offered for this Role