Intern - Actuarial Analyst

Hanover Insurance Group, Inc.; Worcester (MA); Hybrid; USD 28,000 - 41,000; Full time

Job summary

Hanover Insurance Group, Inc. in Worcester, MA, offers a Summer Internship that provides hands-on actuarial experience and exposure to pricing, valuation, and risk management.

You will work with seasoned professionals on real projects and gain practical skills through guided tasks. The program emphasizes growth, collaboration, and presentation of a final project to management, with emphasis on analytical thinking, attention to detail, and curiosity.

Qualifications

• Cumulative GPA of 3.0 or higher preferred.
• Ability to commit to a full time 10-week internship program.
• Ability to work in the U.S. without requiring sponsorship now or in the future.
• 0-2 years of professional working experience.
• Understands fundamental analytical concepts, practices and procedures.
• Strong analytical, strategic thinking and decision-making skills.
• A high degree of self-motivation and demonstrates high attention to detail.
• Intellectual curiosity and creativity.
• MS Office, Excel and SQL usage is expected; R, Python and Power BI are bonus points.

Responsibilities

• Perform tasks of a mathematical and quantitative nature using established procedures.
• Learn fundamental actuarial concepts, practices and procedures.
• Become familiar with company operations, systems and actuarial methodologies.
• Utilize actuarial tools and modeling software for pricing, valuation, and/or risk management.
• Analyze industry trends to identify impact on financials, reserves, and pricing processes.
• Create and present a final presentation for management and leadership members at the close of the internship program highlighting the work you accomplished throughout the summer.

Skills

Analytical thinking

Attention to detail

Self-motivation

Intellectual curiosity

Tools

SQL

Excel

MS Office

Power BI

Job description

Our Actuarial team is seeking exceptional college students for our Summer Internship Program, which provides meaningful opportunities for personal and professional growth, as well as rewarding career path options.

IN THIS ROLE, YOU WILL:

• Perform tasks of a mathematical and quantitative nature using established procedures
• Learn fundamental actuarial concepts, practices and procedures
• Become familiar with company operations, systems and actuarial methodologies
• Utilize actuarial tools and modeling software for pricing, valuation, and/or risk management
• Analyze industry trends to identify impact on financials, reserves, and pricing processes
• Create and present a final presentation for management and leadership members at the close of the internship program highlighting the work you accomplished throughout the summer

WHAT YOU NEED TO APPLY:

• Cumulative GPA of 3.0 or higher preferred
• Ability to commit to a full time 10-week internship program
• Ability to work in the U.S. without requiring sponsorship now or in the future
• 0-2 years of professional working experience
• Understands fundamental analytical concepts, practices and procedures
• Strong analytical, strategic thinking and decision-making skills
• A high degree of self-motivation and demonstrates high attention to detail
• Intellectual curiosity and creativity
• MS Office, Excel and SQL
• Bonus points for R, Python and Power BI