Product & Actuarial Analysis Intern

First Chicago Insurance Company (FCIC); Chicago (IL); On-site; USD 28,000 - 37,000; Part time

Job summary

First Chicago Insurance Company (FCIC) is seeking an eager actuarial intern to join their Product & Actuarial Analysis department. This hands-on program offers exposure to insurance terminology, product development, and a variety of actuarial projects.

You will gain real business experience in a structured internship, working on non-standard auto, commercial auto, and general Liability lines. The role emphasizes collaboration, data analysis, and preparation of filings and financial reports, with

Qualifications

• GPA of 3.0 (out of 4.0) or better in related degree program.
• Ability to commit to 40 hours per week.
• U.S. work authorization without sponsorship.

Responsibilities

• Assist with new product development including competitive rate analyses and studies.
• Create supporting exhibits and prepare filings for submission to the department of insurance.
• Perform data preparation and reserve reviews across multiple lines of business.
• Create and update monthly/quarterly financial reports.

Skills

Verbal communication

Written communication

Organizational skills

Problem-solving

Teamwork

Education

Actuarial Science / Math / Statistics / Economics / Finance

Tools

Microsoft Word

Microsoft Excel

Job description

First Chicago Insurance Company (FCIC) is seeking an eager actuarial intern to join their Product & Actuarial Analysis department. This hands-on program offers exposure to insurance terminology, product development, and a variety of actuarial projects.

You will gain real business experience in a structured internship, working on non-standard auto, commercial auto, and general Liability lines. The role emphasizes collaboration, data analysis, and preparation of filings and financial reports, with