Actuarial Intern

Transverse Insurance Group; Warren Township (NJ); On-site; USD 25,000 - 36,000; Part time

Job summary

MS Transverse, a subsidiary of MSIG USA within the MS&AD Insurance Group, invites actuarial interns for the upcoming summer in NYC or Warren, NJ. The program blends hands-on actuarial work with a global insurer’s stability and a collaborative team.

You will engage in end-to-end exposure, case studies, and cross-team collaboration, gaining real-world experience in a growing insurance space.

Qualifications

• Pursuing a bachelor’s degree in Actuarial Science, Statistics, or Business Economics; rising junior or senior.
• 2 actuarial exams passed.
• 1 completed internship preferred.
• Curious and eager to learn.
• Thoughtful communicator.
• Self-starter who thrives in collaborative environments.
• Interested in insurance or risk management.
• Basic understanding of the insurance industry.
• Proficiency in Microsoft Office, particularly Excel.

Responsibilities

• Research and document potential distribution and reinsurance business partners.
• Analyze the distribution market to understand partners fit into the space.
• Gain exposure to MST’s business plan and support business development strategy.
• Build tools and reports to support business development and management reporting.
• Track and evaluate financial trends for weekly and monthly reporting.
• Support ad hoc reports and analysis as needed.
• Assist with record retention and other duties as assigned.

Skills

Curious and eager to learn

Thoughtful communicator

Self-starter in collaborative enviro

Strong attention to detail

Basic understanding of insurance

Education

Bachelor's degree in Actuarial Science, Statistics, or Business Economics

Tools

Excel

Job description

MS Transverse Continues to Grow!

Company Overview

MS Transverse is a subsidiary of MSIG USA and part of MS&AD Insurance Group Holdings, one of the 10 largest P&C insurance companies in the world.

MS Transverse is dedicated to the global program market and partners with MGAs, program administrators, and general agents to offer a full suite of insurance services.

We believe that by aligning the interests of all parties involved in our programs – distribution partners, MS Transverse, and the reinsurance community – we can deliver outsized results to a market in need of responsible actors with experience and expertise.

Job Description

For the upcoming summer, we’re looking for Actuarial interns to join us in NYC or Warren, NJ.

At MS Transverse, our internship program offers more than a glimpse into the insurance industry—it’s a hands-on, high-impact experience designed to build confidence, deepen understanding, and foster career exploration in a collaborative and growing firm.

We welcome curious, thoughtful interns from a range of academic backgrounds. You’ll gain real-world experience at a hybrid fronting carrier, a rare and valuable opportunity in the insurance space, and be supported every step of the way. As a subsidiary of MSIG, one of the 10 largest property and casualty carriers in the world, we bring the stability of a global enterprise with the agility of a dynamic, evolving team.

What You Can Expect

• End-to-End Business Exposure — Learn about our business model, client partnerships, and the inner workings of a hybrid fronting carrier. While your internship will be anchored within Actuarial, being part of a smaller, fast-growing firm means you’ll have natural visibility into how other teams operate and collaborate. Day to day, you’ll:
  • Research and document potential distribution and reinsurance business partners
  • Analyze the distribution market to understand how partners fit into the space
  • Gain exposure to MST’s business plan and support business development strategy
  • Build tools and reports to support business development and management reporting
  • Track and evaluate financial trends for weekly and monthly reporting
  • Support ad hoc reports and analysis as needed
  • Assist with record retention and other duties as assigned
• Structured Onboarding & Ongoing Mentorship — We believe in starting strong. You’ll receive a tailored onboarding experience and ongoing access to supportive managers and mentors throughout your time here.
• Case Study Projects — You’ll complete two key deliverables: a group case study focused on a real-world business scenario, and a department-specific case study aligned with your assigned team. Each project concludes with a professional presentation and Q&A with firm leadership.
• Events & Engagement — Our interns participate in a variety of internal events—from firm-wide learning sessions to cross-functional coffee chats as well as external engagements that connect you to industry professionals, peer cohorts, and volunteer opportunities that give back to local communities.

Job Requirements/Qualifications

• Rising junior or senior pursuing a bachelor's degree in Actuarial Science, Statistics, or Business Economics
• 2 actuarial exams passed
• 1 completed internship preferred
• Curious and eager to learn
• Thoughtful communicator
• Self-starter who thrives in collaborative environments
• Interested in insurance or risk management
• Basic understanding of the insurance industry
• Proficiency in Microsoft Office, particularly Excel
• Strong attention to detail and accuracy

It's an exciting time for our company and a great opportunity to join a financially sound and growing global insurance group!

It is the policy of MS Transverse to provide equal employment opportunity (EEO) to all persons regardless of age, color, national origin, citizenship status, physical or mental disability, race, religion, creed, gender, sex, sexual orientation, gender identity and/or expression, genetic information, marital status, status with regard to public assistance, veteran status, or any other characteristic protected by federal, state or local law. In addition, MS Transverse will provide reasonable accommodations for qualified individuals with disabilities.