Summer Actuarial Data Intern — Compliance & Analytics

Hanover Insurance Group, Inc.; Worcester (MA); Hybrid; USD 28,000 - 34,000; Full time

Job summary

The Hanover Insurance Group, Inc. in Worcester, MA invites applications for a Summer Intern - Regulatory Data Analyst (Actuary). The program runs for ten weeks, July through August, offering hands-on experience in filings, data systems, and analytics under supervision.

You will compile requirements, test pricing systems, analyze industry data, and prepare reports while learning corporate pricing and compliance processes from seasoned professionals.

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.
• 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.
• A high degree of self-motivation and demonstrates high attention to detail.
• Intellectual curiosity and creativity.

Responsibilities

• Compile and validate requirements for IT systems to effectively and efficiently 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.
• Understands and draws 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 highlighting the work you accomplished throughout the summer

Skills

Strong analytical skills

Strategic thinking

Decision-making

Attention to detail

Intellectual curiosity

Creativity

Education

Bachelor's degree or advanced degree program

Job description

The Hanover Insurance Group, Inc. in Worcester, MA invites applications for a Summer Intern - Regulatory Data Analyst (Actuary). The program runs for ten weeks, July through August, offering hands-on experience in filings, data systems, and analytics under supervision.

You will compile requirements, test pricing systems, analyze industry data, and prepare reports while learning corporate pricing and compliance processes from seasoned professionals.