Intern, Actuary- Pricing (Summer 2024)

Position requires to be on-site in Webster, MA
WHAT YOU NEED TO APPLY: • Ability to commit to a full time 10-week internship program in Webster, MA • Ability to work in the U.S. without requiring sponsorship now or in the future • Candidate must be enrolled in an accredited college degree program • Must be able to provide own transportation and housing.
MAPFRE Insurance is offering a unique opportunity to highly motivated college students who thrive in a team-oriented, fast-paced and enjoyable work environment. If you're ready to learn about the insurance industry and have a strong work ethic, this is a great way for you to start your career. As an intern at MAPFRE Insurance, you'll find yourself tackling real business projects that make an impact on our company. You will learn about departmental and corporate functions and have opportunities to network with other MAPFRE employees and interns in the program. Interns will also participate as a team in a Day of Caring community service project.
This is a 10-week summer internship from June 3, 2024 and ending August 9, 2024. Interns will typically work a 5-day workweek at 38.75 hours / week. Interns work with their department supervisor to determine weekly schedules. Interns must commit to the 10-week program for the summer and participate in planned training and activities.
Internship Position Description
The Actuarial Intern assists in developing actuarial analyses in accordance with CAS (Casualty Actuarial Society) principles. These analyses will contribute to the overall performance of the actuarial area. The Actuarial Analyst will learn how to make changes necessary to keep the analyses up-to-date and free of errors.
Department-specific responsibilities, project description, deliverables
Support pricing analyses for selected property and casualty insurance products offered by MAPFRE Insurance. Such analyses may include updating analyses relative to the pricing of new or revised coverages, and analyzing other changes in product pricing (class plans, amount of insurance relativity curves, etc).

• Able to learn from errors and keep manager up to date with progress reports
• Actively listens during trainings and asks "why" questions on a regular basis when learning new skills.
• Perform other actuarial analyses on an ad-hoc basis, by reaching out to collaborate with peers during downtime.
• Retrieve and manipulate basic data
• Pursue exams on the CAS syllabus

College Level Preferred

• Undergraduate (Rising Junior/Senior)
• Graduate Student (Final Year)

Majors and/or Coursework Preferred

• Actuarial Science, Statistics, Mathematics, Finance, Economics, Engineering

Preferred Qualifications

• Microsoft Office Proficiency
• Strong database skills
• Solid written and verbal communication skills
• Math aptitude
• Analytical and problem-solving ability

Other

• One+ Actuarial exams passed and actively pursuing CAS/SOA credentials
• Demonstrated leadership, initiative, and critical thinking

If you require an accommodation for a disability so that you may participate in the selection process, you are encouraged to contact the MAPFRE Insurance Talent Acquisition team at talentacquisition@mapfreusa.com.
We are proud to be an equal opportunity employer.