Actuarial Intern - Quantitative Insurance Analyst

The Hanover Insurance Group; Massachusetts; On-site; USD 28,000 - 41,000; Full time

Job summary

The Hanover Insurance Group is offering a 10-week summer internship in Massachusetts designed for college students to work on critical business assignments and apply academic knowledge. You will be mentored by leaders and collaborate across teams on a philanthropy-focused project, with weekly development workshops and intern activities.

In this role you will perform quantitative tasks, learn actuarial fundamentals, and use pricing and risk-management tools.

Qualifications

• Cumulative GPA of 3.0 or higher preferred.
• Ability to commit to a full time 10-week internship program.
• Ability to work in the U.S. without requiring sponsorship now or in the future.
• 0-2 years of professional working experience.
• Understands fundamental analytical concepts, practices and procedures.
• MS Office, Excel and SQL.
• Bonus points for R, Python and Power BI.

Responsibilities

• Perform tasks of a mathematical and quantitative nature using established procedures.
• Learn fundamental actuarial concepts, practices and procedures.
• Become familiar with company operations, systems and actuarial methodologies.
• Utilize actuarial tools and modeling software for pricing, valuation, and/or risk management.
• Analyze industry trends to identify impact on financials, reserves, and pricing processes.
• Create and present a final presentation for management and leadership members at the close of the internship program highlighting the work you accomplished throughout the summer.

Skills

MS Office

Excel

SQL

R

Python

Power BI

Education

Pursuing degree

Tools

Power BI

SQL

Job description

The Hanover Insurance Group is offering a 10-week summer internship in Massachusetts designed for college students to work on critical business assignments and apply academic knowledge. You will be mentored by leaders and collaborate across teams on a philanthropy-focused project, with weekly development workshops and intern activities.

In this role you will perform quantitative tasks, learn actuarial fundamentals, and use pricing and risk-management tools.