Actuarial Summer Internship — Hybrid & Hands-On

Acturhire; Edina, Northern (MN, KY); Hybrid; USD 30,000 - 39,000; Full time

Job summary

Palomar in Edina, MN seeks actuarial summer interns to gain hands-on experience in the Property & Casualty insurance industry. Interns will receive training on insurance and actuarial concepts, then apply these concepts on meaningful projects during a June–August program.

Interns collaborate with Palomar's actuarial team, work on projects to assess loss reserves, project profitability, and quantify risk, with final presentations and orientation details provided.

Qualifications

• Must be at least 18 years of age.
• Currently enrolled as an undergraduate (junior or senior year).
• Preferred majors in Actuarial Science, Mathematics, Statistics, Engineering, Sciences, Economics, or Finance.
• Minimum of 8 weeks availability to join the program with the opportunity to expand to 10 weeks.
• Have maintained an exceptional grade point average in college.
• Hybrid Work Environment - Ability to work in the office and from your home.
• Preference of having passed at least 1 actuarial exam.

Responsibilities

• Assessing the adequacy of the company's loss reserves.
• Projecting profitability generated by the company's products.
• Quantifying the company's risk exposure and proposing ways to minimize risk.
• Performing actuarial/market research and statistical analyses.
• Creation of tools and/or reports.

Skills

GPA excellence

Actuarial exam preference

Hybrid work readiness

8–10 weeks availability

Education

Undergrad student (junior/senior)

Pursuing actuarial/related degree

Job description

Palomar in Edina, MN seeks actuarial summer interns to gain hands-on experience in the Property & Casualty insurance industry. Interns will receive training on insurance and actuarial concepts, then apply these concepts on meaningful projects during a June–August program.

Interns collaborate with Palomar's actuarial team, work on projects to assess loss reserves, project profitability, and quantify risk, with final presentations and orientation details provided.