Actuarial Reserving Intern - Real-World Impact

Core Specialty Insurance Holdings, Inc.; Chicago (IL); On-site; USD 28,000 - 39,000; Full time

Job summary

Core Specialty Insurance Holdings, Inc. is seeking a motivated actuarial intern for a 12-week summer program. You will work on real reserving tasks under guidance from actuaries and gain exposure to senior management.

This internship emphasizes hands-on experience in quarterly reserve reviews, CAT reporting, and loss trend analysis within a collaborative environment. Applicants pursuing Actuarial Science with CAS exams in progress are encouraged to apply.

Qualifications

• Passed at least one Actuarial Exam strongly preferred
• Basic Excel experience
• Interest in insurance industry
• Knowledge of actuarial exam process
• Strong organization and communication skills
• The ability to learn, understand, and apply technical concepts
• Ownership of tasks
• Works within deadlines with guidance.
• Able to manage time and prioritize with guidance
• Adapts future behaviors based on prior mistakes
• Accepts and reacts positively to feedback
• Seeks out assistance as needed

Responsibilities

• Perform quarterly reserve reviews to support adequate and accurate reserves.
• Create and distribute Quarterly Reserve Report.
• Create and distribute CAT reporting, including a process for tracking incurred claims against reserve indication on a monthly basis.
• Monitor loss emergence against plan assumptions and provide summaries to management.
• Create and distribute Monthly AvE: CAT, Large Loss and Attritional.
• Develop and monitor monthly metrics to identify trends in loss costs with a process oriented toward maintaining stable attritional loss ratios.

Skills

Actuarial exam

Excel basics

Insurance industry interest

Actuarial exam process

Organization

Communication skills

Time management

Prioritization

Feedback receptiveness

Ownership of tasks

Education

Actuarial Science degree in progress

CAS preliminary exams in progress

Bachelor's/Master's in related field

Tools

Excel

Job description

Core Specialty Insurance Holdings, Inc. is seeking a motivated actuarial intern for a 12-week summer program. You will work on real reserving tasks under guidance from actuaries and gain exposure to senior management.

This internship emphasizes hands-on experience in quarterly reserve reviews, CAT reporting, and loss trend analysis within a collaborative environment. Applicants pursuing Actuarial Science with CAS exams in progress are encouraged to apply.