Actuarial Intern *Summer 2027*

CapSpecialty, Inc.; Hartford (CT); Hybrid; USD 25,000 - 34,000; Full time

Benefits offered by this job

Hybrid work model

Mentorship program

Job summary

CapSpecialty, Inc. is seeking a Summer Intern in Actuarial & Analytics to support pricing and analytics, helping ensure informed decision-making for portfolio profitability. You will work on rating development, data extraction, and ad-hoc analyses while pursuing actuarial educational milestones.

This hybrid internship requires three days in the Hartford, CT or Middleton, WI office, with opportunities for mentorship and hands-on experience in a collaborative environment.

Qualifications

• Pursuing an undergraduate degree in actuarial science, risk management, mathematics, statistics, or data science with a 3.0+ GPA.
• Actuarial experience in insurance is preferred but not required.
• Strong communication and analytical abilities are essential.

Responsibilities

• Support development and maintenance of rating capabilities for assigned products/lines.
• Assist with data extraction, balancing, and analysis; monitor data quality with IT and other teams.
• Perform ad-hoc analytics to support organizational initiatives.
• Pursue educational milestones related to actuarial development.

Skills

Communication

Analytical thinking

Organizational skills

Adaptability

Self-starter

Task follow-through

Education

Pursuing undergrad in Actuarial Science, Risk Management, Mathematics, Statistics, or Data Science

Tools

Excel

R

SAS

Python

Databases

Job description

This is a hybrid position requiring 3 days in office at either our Hartford, CT or Middleton, WI office location. #LI-Hybrid

At CapSpecialty, we are a specialty underwriting company being driven by well-informed, entrepreneurial and proactive employees. Come join our exciting company where you can really make an impact, and each individual's unique skills and talents are recognized and valued. You will find an accessible leadership team that welcomes opinions and ideas. We owe much of our success to our collaborative environment and set of three guiding principles rooted in customer‑centricity, employee excellence and corporate culture.

CapSpecialty is seeking a Summer Intern for our Actuarial & Analytics department who will be responsible for supporting the actuarial pricing and analytic functions of the organization, ensuring the business has the information and tools necessary to make informed decisions that maximize the profitability of the portfolio.

Duties/Responsibilities:

• Support the development and maintenance of rating capabilities for all assigned products / lines of business. This includes assistance with rate plan development, system requirements, testing, and rate studies.
• Assistance with the extraction, balancing, and analysis of data. Monitor data quality and completeness and work with IT and other relevant departments to initiate improvements.
• Perform ad‑hoc analytic work to support other initiatives within the organization as needed. Contribute to team effort by accomplishing related results as needed.
• Work towards achieving appropriate educational milestones related to improving actuarial and personal development.

Supervisory Responsibilities:

None.

Core Competencies:

• Strong written and verbal communication and organizational skills.
• Excellent interpersonal and customer service skills.
• Strong analytical and reasoning skills in interpretation of numbers.
• Ability to respond rapidly to changing work conditions and expectations.
• Proficient in Microsoft Office applications, including a high standard in Excel. Exposure to programming in software such as R, SAS or Python preferred.
• Understanding of databases and data structures and their use in reporting and analysis.
• Self‑starter with the ability and desire to discover problems and implement solutions.
• Able to follow tasks through to their completion and to monitor progress once implemented, ensuring processes followed correctly.

Education and Experience:

• Pursuing an undergraduate degree in Actuarial Science, Risk Management, Mathematics, Statistics, or Data Science related field.
• Cumulative GPA of 3.0 or greater.
• Actuarial experience in the insurance industry preferred but not required.

Physical Demands:

• Prolonged periods of sitting at a desk and working on a computer.
• May be required to lift up to 15 lbs. at times.

CapSpecialty is a leading provider of specialty insurance and bonds for small‑to‑mid‑sized businesses in the U.S., offering casualty, professional liability, surety and fidelity products in all 50 states and the District of Columbia. By working with select partners through a limited distribution model, CapSpecialty's creative, hard‑working team provides personalized service and cultivates mutually successful partnerships to deliver positive results. CapSpecialty is an operating subsidiary of Berkshire Hathaway, and its carriers have an A+ ("Superior")rating from A.M. Best, writing both admitted and non‑admitted policies. For more information, please visit CapSpecialty.com.

Equal Employment Opportunity Employer