Internship

Intern – Actuarial

Confirmed live in the last 24 hours

SageSure

SageSure

501-1,000 employees

Specialized insurance for high-risk coastal areas

Data & Analytics
Financial Services

Cheshire, CT, USA

This position is based in Cheshire, CT, with potential hybrid work options.

Category
Insurance
Finance & Banking
Required Skills
R
Requirements
  • An undergraduate education to pursue a degree in Actuarial Science or STEM-related field
  • A graduation date in Fall 2025 or Spring 2026
  • Solid analytical, problem solving, and reasoning skills
  • Proficiency in Microsoft Office Suite, particularly Excel
  • Strong Communication skills both with technical and non-technical resources
  • Ability to multitask and hungry to learn
  • Ability to work independently and as a team member
  • Authorization to work in the United States
  • Proficiency in Microsoft Office Suite
  • Prior internship experience
  • GPA of 3.0 or higher
  • Passage of one or more actuarial exam(s)
  • Strong technical skills
  • Familiarity with R is a plus
  • Knowledge of modeling packages, programming languages, and spreadsheet / database software
Responsibilities
  • Learn and use actuarial techniques in developing pricing plans
  • Assist in providing technical and analytical assessments of complex business issues related to the management of the current and future development of insurance products
  • Learn and network with employees, leaders, and other interns during an on-the-job experience
  • Potential to earn college credit
  • Modeling, research and analysis support on ad-hoc projects
  • Collaborative teamwork and/or individual Capstone project
  • Recommend solutions to industry issues
  • Fulfill tasks set out by team leaders
  • Receive coaching, mentoring and feedback from knowledgeable SageSure professionals

SageSure provides insurance coverage specifically for homeowners and small businesses located in high-risk coastal areas. The company offers tailored insurance products that address the unique challenges faced by these markets, particularly in regions prone to natural disasters like hurricanes and floods. SageSure's approach involves employing a team of experienced professionals who have extensive backgrounds in underwriting, product development, and customer service, allowing them to offer expert guidance to clients. Unlike traditional insurers that often avoid these high-risk areas, SageSure focuses on providing competitively priced, high-quality insurance solutions to underserved clients. The company's goal is to ensure that homeowners and small business owners in these regions have access to reliable insurance protection, filling a critical gap in the market.

Company Stage

N/A

Total Funding

$800M

Headquarters

Jersey City, New Jersey

Founded

2009

Growth & Insights
Headcount

6 month growth

10%

1 year growth

28%

2 year growth

61%
Simplify Jobs

Simplify's Take

What believers are saying

  • SageSure's successful issuance of $1.2 billion in catastrophe bonds demonstrates strong financial backing and resilience.
  • The acquisition of GeoVera MGA enhances SageSure's capabilities in residential earthquake risk, expanding its market reach.
  • Partnerships with technology firms like Ecopia AI improve SageSure's precision in risk assessment and underwriting, leading to better customer service and operational efficiency.

What critics are saying

  • Operating in high-risk coastal areas exposes SageSure to significant financial losses from natural disasters.
  • The integration of acquired companies like GeoVera MGA may present challenges in aligning operations and corporate cultures.

What makes SageSure unique

  • SageSure specializes in high-risk, underserved coastal areas, a niche often avoided by traditional insurers.
  • The company leverages advanced technology and data analytics to accurately assess risks and competitively price its products, setting it apart from competitors.
  • SageSure's team of experienced professionals, many with over 30 years in the industry, provides expert guidance and support, enhancing client trust and satisfaction.

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Benefits

Fully stocked cafés with free snacks and beverages

Lounges with shuffleboard, billiards and board games

Access to in-office gyms

Organized and ad hoc social events

Medical (HSA, EPO, PPO)

Dental

Vision

401(k) with company match

Profit-sharing bonus program

Life insurance

Short-term and long-term disability

Up to 160 hours of paid time off per year, plus floating holidays

Paid holidays

8 hours of volunteer time off per year

Gym reimbursement

Tuition reimbursement toward education, licensing and certifications

Employee assistance program with access to free and confidential counseling