Actuarial Intern: Pricing & Reserving (Paid Summer)

njm; Trenton (NJ); On-site; USD 29,000 - 34,000; Full time

Job summary

NJM Insurance Group invites dynamic interns to join its Actuarial team in West Trenton, NJ. You will assist various projects across Personal Auto Pricing, Property Pricing, Commercial Lines pricing, or Reserving and learn core actuarial techniques.

You will gain hands-on experience with data gathering, transformation and extracting insights, while collaborating with fellow actuaries and presenting results to management. Seminars and networking events are included.

Qualifications

• Current Sophomores or Juniors pursuing Math, Actuarial, Statistics, Quantitative Finance, or other quantitative field.
• Must have a 3.0 GPA or higher (overall).
• Commutable to West Trenton, New Jersey office.

Responsibilities

• Learn about the insurance industry and basic Actuarial techniques and apply them to real business problems.
• Learn and heavily utilize Excel, SQL, SAS, and/or PowerBi in various projects.
• Lead a pricing or reserving project, develop recommendations based on the analysis, and present findings to management and/or other departments.
• Conduct research and provide ad-hoc assistance to ongoing projects with other actuaries in the department

Education

Sophomores/Juniors pursuing Math/Actuarial/Statistics/Quantitative Finance or other quantitative field

Tools

Excel

SQL

SAS

Power BI

Job description

NJM Insurance Group invites dynamic interns to join its Actuarial team in West Trenton, NJ. You will assist various projects across Personal Auto Pricing, Property Pricing, Commercial Lines pricing, or Reserving and learn core actuarial techniques.

You will gain hands-on experience with data gathering, transformation and extracting insights, while collaborating with fellow actuaries and presenting results to management. Seminars and networking events are included.