Insurance Regulatory Data Analyst Intern

Hanover Insurance Group, Inc.; Worcester, Northern (MA, KY); Hybrid; USD 89,000 - 112,000; Full time

Job summary

The Hanover Insurance Group invites college students to join its Summer Internship Program in Worcester, MA. The 10-week program offers hands-on projects in actuarial & analytics, cross-functional collaboration, and professional development workshops.

You'll compile and analyze data, test pricing systems, prepare reports, and present findings to management at the program's end. This paid internship supports potential future full-time opportunities upon graduation.

Qualifications

• Cumulative GPA of 3.0 or higher preferred.
• Commit to a full-time 10-week internship.
• Ability to work in the U.S. without sponsorship now or in the future.
• Currently enrolled in a bachelor's degree or advanced degree program.
• Understand fundamental analytical concepts, practices and procedures.
• Strong analytical, strategic thinking and decision-making skills.
• High attention to detail and intellectual curiosity.

Responsibilities

• Compile and validate requirements for IT systems to implement filings.
• Test pricing systems to validate adherence to filings.
• Analyze company and industry experience as required.
• Design and prepare special reports and other data compilations as requested.
• Understand and draw inferences from data being collected.
• Communicate with customers to discuss analysis results.
• Analyze, compile, and perform competitive analysis.
• Prepare preliminary recommendations under supervision.
• Monitor compliance with ISO, NCCI, State Rating Bureaus, and other Rating Service organizations and recommend actions.
• Maintain pricing or data management systems.
• Participate in cross functional projects that interact with systems, operations, product, compliance and the actuarial department.
• Prepare and maintain documentation for existing processes.
• Adhere to peer review guidelines.
• Perform other projects and assignments as directed.
• Create and present a final presentation for management and leadership members at the close of the internship program.

Skills

Analytical skills

Attention to detail

Intellectual curiosity

Self-motivation

Education

Bachelor's or advanced degree program enrollment

Job description

The Hanover Insurance Group invites college students to join its Summer Internship Program in Worcester, MA. The 10-week program offers hands-on projects in actuarial & analytics, cross-functional collaboration, and professional development workshops.

You'll compile and analyze data, test pricing systems, prepare reports, and present findings to management at the program's end. This paid internship supports potential future full-time opportunities upon graduation.