Student Opportunities - Actuarial Internship (Master's level) - Summer 2027 (Hybrid)

Cincinnati Financial; Fairfield (OH); Hybrid; USD 32,000 - 45,000; Part time

Benefits offered by this job

Housing assistance

Job summary

Cincinnati Insurance Companies is offering master’s-level Actuarial Intern positions for Summer 2027 at our Fairfield, OH corporate headquarters. Hybrid options are available in select departments. Ideal candidates are graduate students in quantitative fields with actuarial exposure and strong teamwork abilities.

Starting pay begins at $28 per hour, with housing assistance possible per criteria. Applicants must be eligible to work in the United States without sponsorship; interns may work up to

Qualifications

• Enrolled in a master’s program in a quantitative field.
• Bachelor’s degree in mathematics, statistics, economics, physics, engineering, actuarial science, or related quantitative field of study.
• Collegiate transcripts required (unofficial acceptable).
• Cumulative GPA 3.0+ preferred.
• Preferred: passed at least one actuarial exam (P&C).
• Must be able to work up to 40 hours per week.
• Proficient in Microsoft Office tools (Excel) and one or more of R, SQL, SAS.

Responsibilities

• Assess model performance and recommend improvements.
• Assist with model deployment and delivery of results.
• Interact with actuaries and company management.
• Interact with multiple departments including Commercial Lines, Personal Lines, Claims, and IT.

Skills

Interest in P&C

Strong work ethic

Communication skills

Model performance assessment

Model deployment

Interacting with actuaries

Interacting with departments

Education

Master’s program in quantitative field

Bachelor’s in math/stats/economics/physics/engineering/actuarial science

Transcripts (unofficial acceptable)

GPA 3.0+ preferred

Passed actuarial exam (P&C) preferred

Tools

Excel

R

SQL

SAS

Job description

Build your future with us

The Cincinnati Insurance Companies’ Pricing & Predictive Analytics and Corporate Actuarial departments are currently seekingmaster's-level Actuarial Intern(s).This role is intended for students who have earned a bachelor’s degree and are currently enrolled in a master’s program.Our successful candidate(s) will want to gain meaningful work experience with us for Summer 2027 at our corporate headquarters located in Fairfield, OH.

Hybrid work options are available in select departments at our Headquarters located in Fairfield, Ohio. Eligibility may vary based on your role, responsibilities, and departmental policies.

We are looking for highly talented graduate students who are interested in learning new things and can contribute to a dynamic and broadly skilled actuarial department.This is an opportunity to work with experienced professionals, to learn about the property/casualty actuarial profession, and to build connections that may lead to future job prospects.

Make a difference with a career in insurance

At The Cincinnati Insurance Companies, we put people first and apply the Golden Rule to our daily operations. To put this into action, we’re looking for extraordinary people to join our talented team. Our service-oriented, ethical, knowledgeable, caring associates are the heart of our vision to be the best company serving independent agents. We help protect families and businesses as they work to prevent or recover from a loss. Share your talents to help us reach for continued success as we bring value to the communities we serve and demonstrate that Actions Speak Louder in Person.

If you’re ready to build productive relationships, collaborate within a diverse team, embrace challenges, and develop your skills, then Cincinnati may be the place for you. We offer career opportunities where you can contribute and grow.

Starting Pay: Begins at $28 per hour and is based on the applicant’s education, experience, completed exams, knowledge, skills, and abilities. Interns for this role may be eligible for housing assistance, based on approved criteria.

Candidates should have the ability to work in the United States for an unlimited amount of time. Our company is currently not hiring interns for this role if they will need sponsorship in the future.

Be equipped with/to:

• interest in Property and Casualty insurance
• strong work ethic and commitment to learning new things
• strong communication (written and oral), interpersonal, and organizational skills
• assess model performance and recommending/implementing improvements
• assist with model deployment and delivery of results
• interact with actuaries and company management
• interact with several departments within the company, including Commercial Lines, Personal Lines, Claims, and IT

Requirements:

• enrolled in a master’s program in a quantitative field of studyat an accredited college/university
• have earned a bachelor’s degree in mathematics, statistics, economics, physics, engineering, actuarial science, or related quantitative field of study
• collegiate transcripts required with submission of candidate profile (unofficial are acceptable)
• in good academic standing (cumulative GPA: 3.0 or higher preferred)
• preferred candidates will have passed at least one actuarial exam (P&C)
• must be able to work up to 40 hours per week
• proficient in Microsoft Office tools (specifically Excel) and one or more of - R, SQL, SAS, and related software

Enhance your talents

Providing outstanding service and developing strong relationships with our independent agents are hallmarks of our company. Whether you have experience from another carrier or you’re new to the insurance industry, we promote a lifelong learning approach. Cincinnati provides you with the tools and training to be successful and to become a trusted, respected insurance professional - all while enjoying a meaningful career.

Embrace a diverse team

As a relationship-based organization, we welcome and value a diverse workforce. We grant equal employment opportunity to all qualified persons without regard to race; creed; color; sex, including sexual orientation, gender identity and transgender status; religion; national origin; age; disability; military service; veteran status; pregnancy; AIDS/HIV or genetic information; or any other basis prohibited by law. All job applicants have rights under Federal Employment Laws. Please review this information to learn more about those rights.