Actuarial Reserving Intern - Summer 2027

Core Specialty; Chicago, Northern (IL, KY); Hybrid; USD 34,000 - 52,000; Full time

Job summary

Core Specialty in Chicago invites applications for Actuarial Reserving Intern - Summer 2027. The 12-week program provides real-world reserve work while you progress toward actuarial exams.

You'll work with experienced actuaries on quarterly reserve reviews, CAT reporting, and monthly metrics, with guidance and opportunities to interact with senior leaders.

Qualifications

• Pursuing a Bachelor's or Master's degree in a quantitative field.
• Active progress toward actuarial exams is preferred.
• Interest in the insurance industry and actuarial principles.
• Strong organization and communication skills.
• Ability to learn, apply concepts, and meet deadlines.

Responsibilities

• Perform quarterly reserve reviews to support accurate reserves.
• Create and distribute Quarterly Reserve Report.
• Create monthly CAT reporting and monitor incurred claims versus reserve indications.
• Monitor loss emergence and summarize findings for management.
• Distribute Monthly AvE: CAT, Large Loss and Attritional metrics.
• Develop and track monthly loss-cost trends with process discipline.

Skills

Actuarial exam progress

Communication skills

Time management

Ownership of tasks

Education

Bachelor's or Master's degree in Actuarial Science, Mathematics, Statistics, Economics, or related field

Tools

Excel

Job description

## Actuarial Reserving Intern - Summer 2027Apply: Chicago, IL: Full time: Posted Today: JR101547-Come grow with us!At Core Specialty Insurance, we cultivate an environment where our interns grow as they exposed to meaningful, real-life work. At Core Specialty, you’re much more than a summer intern, you are valued member of our team!Why Intern with Core Specialty?Gain experience in a quickly growing environment! Where every day provides new and exciting opportunities!!* 12-week summer program* Very competitive intern pay!* Exposure to senior level management and company executives* Collaborative work environment with a relaxed company cultureOur values are the Core of everything we do:* We have a “bring it on” attitude.* We act quickly to make things happen. We empower and enable rapid decision making.* We solve problems with expertise. We have an unmatched depth of knowledge and experience.* We have high integrity, self-discipline and respect for others.As a valued intern on our Actuarial Reserving team, you will be given real meaningful work as well as support and guidance from our actuaries as you continue on your exam path. **Key Accountabilities/Deliverables:*** Perform and prepare quarterly reserve reviews to support adequate and accurate reserves recorded* 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 any trends in loss costs with a process oriented toward maintaining stable attritional LRs**Technical Knowledge and Understanding:*** 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**Experience:*** Must be actively pursuing a Bachelor's or Master's degree in Actuarial Science, Mathematics, Statistics, Economics, or related field* Demonstrate sufficient progress in understanding and applying basic actuarial principles is required* Studying for CAS preliminary exams; may have 1-2 passedApplicants must be authorized to work for any employer in the U.S. We are unable to sponsor or take over sponsorship of an employment Visa for this position. #LI-Onsite