Actuarial Reserving Intern: Real Work & Senior Exposure

Core Specialty Insurance Services, Inc.; Chicago (IL); On-site; USD 30,000 - 39,000; Full time

Benefits offered by this job

12-week internship program

Exposure to senior management

Collaborative work environment

Competitive intern pay

Job summary

Core Specialty Insurance Services, Inc. invites a motivated student to join the Actuarial Reserving team for a 12-week summer internship in Chicago. You will gain real, meaningful work with guidance from actuaries while progressing toward your actuarial exams.

This internship offers exposure to senior management, a collaborative work environment, and a competitive pay package. You will perform quarterly reserve reviews, support CAT reporting, and develop monthly metrics to monitor loss trends.

Qualifications

• Pursuing a Bachelor's or Master's in Actuarial Science, Mathematics, Statistics, Economics, or related field.
• Preparing CAS preliminary exams; may have 1-2 passed.
• Interest in insurance industry and actuarial exam process.

Responsibilities

• Perform quarterly reserve reviews to support adequate and accurate reserves recorded.
• Create and distribute Quarterly Reserve Report.
• Create and distribute CAT reporting with monthly tracking of incurred claims.
• Monitor loss emergence against plan assumptions and summarize to management.
• Develop and monitor monthly metrics to identify trends in loss costs.

Skills

Basic Excel experience

Strong organization and communication

Ownership of tasks

Ability to learn and apply technical

Time management under guidance

Adapt to feedback

Attention to deadlines

Education

Actuarial Science or related field (Bachelor's/Master's)

Job description

Core Specialty Insurance Services, Inc. invites a motivated student to join the Actuarial Reserving team for a 12-week summer internship in Chicago. You will gain real, meaningful work with guidance from actuaries while progressing toward your actuarial exams.

This internship offers exposure to senior management, a collaborative work environment, and a competitive pay package. You will perform quarterly reserve reviews, support CAT reporting, and develop monthly metrics to monitor loss trends.