Hybrid Actuarial Internship - Summer 2027

Encova Mutual Insurance Group.; North Carolina; Hybrid; USD 25,000 - 36,000; Full time

Benefits offered by this job

Competitive compensation

Networking opportunities with industry

Flexible start and end dates

Community involvement and volunteer

Job summary

Encova Insurance is offering a full-time summer internship in Actuarial with hybrid work options in Columbus, OH or Charleston, WV. The role requires at least 60 college credits and the ability to work 40 hours per week.

The internship will support Product Actuarial and Corporate Actuarial teams with pricing, underwriting, data analytics, reserving, and profitability reporting. It highlights Encova's RI SE Elite program recognition and opportunities for meaningful real-world experience.

Qualifications

• Must be currently enrolled and have completed at least 60 credit hours with an accredited college or university.

Responsibilities

• Develop rate indications following standard actuarial practices and review rating plan components using profitability data and competitive analysis.
• Prepare rate filings and coordinate with state insurance departments as needed to gain regulatory approval.
• Perform validation of large account pricing models for large account underwriters.
• Assist Product Actuarial unit in providing pricing indications on individual large accounts.
• Assist in execution, maintenance, and expansion of management reports and analytics under direction of the Product Actuarial staff.
• Conduct reserve reviews using traditional property-casualty unpaid claim estimation techniques and methodologies and implement the results effectively.
• Extract, merge, validate and maintain transactional datasets from various sources.
• Assist in preparing reserve summaries reflecting results and projections from reserve reviews including internal and external factors.

Job description

Encova Insurance is offering a full-time summer internship in Actuarial with hybrid work options in Columbus, OH or Charleston, WV. The role requires at least 60 college credits and the ability to work 40 hours per week.

The internship will support Product Actuarial and Corporate Actuarial teams with pricing, underwriting, data analytics, reserving, and profitability reporting. It highlights Encova's RI SE Elite program recognition and opportunities for meaningful real-world experience.