Intern, Product Actuarial

Encova Insurance; Charleston (WV); Hybrid; USD 30,000 - 36,000; Full time

Benefits offered by this job

Competitive compensation

Hybrid schedule

Networking opportunities

Community involvement

Volunteer opportunities

Job summary

Encova Insurance is seeking a Product Actuarial Intern for our Charleston, WV office. This full-time summer internship (summer 2027) requires 40 hours per week, with start and end dates based on availability.

The role offers a hybrid schedule with in-office days each week and is open to students who have completed at least 60 credit hours. The internship emphasizes pricing, underwriting, data analytics, and profitability reporting.

Qualifications

• Must be enrolled and have completed at least 60 credit hours at an accredited college or university.
• Preference may be given to Actuarial Science, Statistics, Mathematics, or other math-related majors.
• Proficient in Excel and other Microsoft applications.
• Ability to communicate complex topics to diverse audiences.
• Ability to multi-task and be detail oriented.

Responsibilities

• Validate large account pricing models for large account underwriters.
• Provide pricing indications on individual large accounts.
• Support development of management reports and analytics under supervision of Product Actuarial staff.
• Handle routine service and research project requests.

Skills

Pricing analysis

Data analytics

Education

Actuarial Science

Mathematics

Statistics

Tools

Excel

Job description

Encova Insurance will have a need for an Intern, Product Actuarial for our Charleston, WV office. This is a full-time summer internship for summer 2027 and will require someone who can work at least 40 hours per week. Start and end dates will be based on availability and business need. You will work a hybrid schedule with days in office each week. Must be currently enrolled and have completed at least 60 credit hours with an accredited college or university.
Pay=$22.00 per hour
Encova Insurance has again been recognized as a RISE Elite Top 50 internship program, making this our sixth year in a row! Rising Insurance Star Executives (RISE) is the voice of young professionals who are looking for ways to share their innovative ideas and spread a new message about who the insurance industry is. As an intern at Encova Insurance you will be part of a dynamic, results-driven team and learn to manage real world situations alongside Encova associates. Our successful internship program attracts students from across our region and our diverse opportunities ensure that our interns are provided with a wide range of learning possibilities!

Unique residence requirements are listed in each job posting, please review closely for details.

Encova is only able to employ associates who reside and work within specific U.S. states. Our current policies are based on the laws in states in which we are registered for payroll. Our current footprint includes:

Connecticut, Delaware, Florida, Georgia, Illinois, Indiana, Iowa, Kentucky, Maryland, Massachusetts, Michigan, Minnesota, Missouri, Nebraska, New Hampshire, North Carolina, Ohio, Pennsylvania, South Carolina, Tennessee, Texas, Virginia, West Virginia, Wisconsin.

JOB OBJECTIVE:

The Product Actuarial Intern will perform tasks, projects and research in support of areas including pricing, underwriting, data analytics, and profitability reporting. This position’s objective is to provide meaningful and impactful support to the product actuarial unit and business teams.

ESSENTIAL FUNCTIONS:

• 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.
• Field routine service and research project requests.

OTHER FUNCTIONS:

• Other tasks as assigned.

KNOWLEDGE, SKILLS AND ABILITIES:

• Must be currently enrolled and have completed at least 60 credit hours with an accredited college or university.
• Must be actively enrolled and pursuing a degree. Preference may be given to Actuarial Science, Statistics, Mathematics, or other math related major.
• Proficient in Excel and other Microsoft applications.
• Ability to communicate complex topics to diverse audiences.
• Responsiveness to customer needs.
• Ability to work well with others from various departments and technical backgrounds.
• Ability to multi-task.
• Must be detailed oriented.

This position has been evaluated in accordance with the Americans with Disabilities Act. Encova Insurance makes every effort to reasonably accommodate disabilities to permit performance of the essential functions and candidates who need such accommodation are encouraged to seek it. This description reflects the nature and level of work performed by associates in this position. It is not an all-inclusive inventory of duties, responsibilities and qualifications required. It provides an accurate overview of the work and skills needed to perform this position. Because job content may change from time to time, Encova Insurance reserves the right to add and/or delete functions from this job as it deems necessary for business reasons.

Ready to join our team?

At Encova Insurance, we firmly believe that our associates drive our company’s success by delivering unrivaled service to our customers. With success in mind, we make an ongoing effort to provide an environment that offers challenging, stimulating and financially rewarding opportunities. Join us to discover a work experience where you can learn and grow to your fullest potential.

What You Can Expect From Us

An internship at Encova is a great way to jump-start your career. Our award-winning, structured summer intern program offers:

• Competitive compensation
• An introduction to the insurance industry through authentic work experiences
• Networking opportunities with industry professionals
• Flexible start and end dates
• Community involvement and volunteer opportunities

Through our collaborative team structure, we find professional and personal growth. We never stop learning and always seek to improve ourselves. Our commitment to growth makes us a winning organization and an ideal place for interns.
Encova Insurance is an EOE/E-Verify employer.