Actuarial Intern- Summer 2027

National Interstate Insurance Company; Richfield Township (OH); On-site; USD 25,000 - 30,000; Full time

Benefits offered by this job

Tuition reimbursement

Paid Time Off

401(k) plan with company match

Commuter benefits

Job summary

National Interstate Insurance Company invites students to join its Internship Program in Richfield, Ohio. This hands-on experience lets interns apply classroom knowledge to real-world actuarial tasks.

Interns will explore departments, receive professional development training, and shadow various business areas during Summer 2027. The program emphasizes collaborating with teams, networking, and contributing meaningfully.

Qualifications

• Currently enrolled in a four-year college/university pursuing Actuarial Science, CS, or related field.
• Anticipated graduation Fall/Winter 2027 to Spring 2028.

Responsibilities

• Learn actuarial techniques and procedures.
• Familiarize with company operations, systems, and methodologies.
• Assist with updating data in pricing and reserving analyses.
• Improve basic statistical techniques.
• Enhance Excel skills and exposure to actuarial software.

Skills

Actuarial basics

Excel proficiency

Programming basics

Education

Bachelor's in Actuarial Science/CS or related

Anticipated graduation Fall/Winter 2027–Spring 2028

Tools

Actuarial software

Statistical software

Job description

National Interstate is a member of Great American Insurance Group. As one of the leading commercial transportation insurers in the nation, we offer risk financing solutions in all 50 states tailored to meet the needs of a wide variety of transportation classes. Our offerings include traditional insurance and innovative alternative risk transfer (ART) programs, including more than a dozen group captive programs catering to niche wheels markets. We are proud to be a multiple Northcoast 99 winner and Cleveland Plain Dealer Top Workplace in Northeast Ohio. It is because of our talented and dedicated team that we are able to live out our company values of integrity, transparency, fairness, accountability, empowerment and collaboration with each transaction we make.

At Great American, we value and recognize the benefits derived when people with different backgrounds and experiences work together to achieve business results. Our goal is to create a workplace where all employees feel included, empowered, and enabled to perform at their best.

This position is not eligible for employment visa sponsorship. Applicants must be authorized to work in the United States without the need for current or future sponsorship.

Since 1989, National Interstate has specialized in serving the insurance needs of the wheels-based transportation industry. Our steadfast focus on developing niche expertise in product design, loss control and claim services has made National Interstate one of the most respected names in commercial transportation insurance today. (https://natl.com/)

National Interstate and Vanliner’s Internship Program

The National Interstate Internship program gives students the ability to apply skills and knowledge from their classes to the workplace. The program provides a unique hands-on experience to explore the insurance industry and leave an impact on the business. Interns will have the opportunity to learn about various departments, engage in professional development training, and shadow different areas of the business. In addition, social activities foster an environment to network and build relationships. We value the unique perspectives and meaningful contributions our interns bring every summer.

The program is taking place in Summer 2027. The role will be expected to work in the Richfield, Ohio office.

Essential Job Functions And Responsibilities

• Learns various actuarial techniques and procedures.
• Becomes familiar with company operations, systems, and actuarial methodologies.
• Assist with updating data in established pricing and reserving analyses.
• Becomes familiar with basic statistical techniques.
• Improves upon basic knowledge in Excel and introduced to programming and other actuarial software.
• Performs other duties as assigned.

Job Requirements

Education: Currently enrolled in a Bachelor's degree (B.A.) from a four-year college or university pursuing a degree in Actuarial Science, Computer Science, or a related field. Anticipated graduation date ranging from Fall/Winter 2027 to Spring 2028.

Company

NIIC National Interstate Insurance Company

Benefits

We offer competitive benefits packages for full-time and part-time employees*. Full-time employees have access to medical, dental, and vision coverage, wellness plans, parental leave, adoption assistance, and tuition reimbursement. Full-time and eligible part-time employees also enjoy Paid Time Off and paid holidays, a 401(k) plan with company match, an employee stock purchase plan, and commuter benefits.

Compensation varies by role, level, and location and is influenced by skills, experience, and business needs. Your recruiter will provide details about benefits and specific compensation ranges during the hiring process. Learn more at http://www.gaig.com/careers.

• Excludes seasonal employees and interns.