Actuarial Intern: Product & Analysis Spotlight

First Chicago Insurance Company (FCIC; Bedford Park (IL); On-site; USD 28,000 - 37,000; Part time

Job summary

First Chicago Insurance Company is seeking an eager intern to join the Product & Actuarial Analysis department in Illinois. You will gain hands-on experience with actuarial concepts, product development, and finance reports.

Ideal candidates are pursuing actuarial science or related fields, with strong communication and problem-solving skills. The role requires up to 40 hours per week and availability for on-site work. Compensation ranges from $20 to $27 per hour.

Qualifications

• Pursuing an Actuarial Science, Math/Statistics, Economics, Finance, or other related degree with a GPA of 3.0 or better
• Excellent verbal and written communication skills
• Great organizational and problem-solving abilities
• Knowledge of Microsoft Word and Excel

Responsibilities

• Assist with new product development including competitive rate comparisons
• Create supporting exhibits and prepare filings for submission to department of insurance to satisfy state regulatory requirements
• Complete data preparation and reserve reviews on various lines of business
• Create and update monthly/quarterly financial reports

Job description

First Chicago Insurance Company is seeking an eager intern to join the Product & Actuarial Analysis department in Illinois. You will gain hands-on experience with actuarial concepts, product development, and finance reports.

Ideal candidates are pursuing actuarial science or related fields, with strong communication and problem-solving skills. The role requires up to 40 hours per week and availability for on-site work. Compensation ranges from $20 to $27 per hour.