Actuarial Reserving Intern
Core Specialty
Actuarial Reserving Intern
Core Specialty
Specialty insurer underwriting property, casualty, marine.
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Come grow with us!
At Core Specialty Insurance, we cultivate an environment where our interns grow as they exposed to meaningful, real-life work. At Core Specialty, you’re much more than a summer intern, you are valued member of our team!
Why Intern with Core Specialty?
Gain experience in a quickly growing environment! Where every day provides new and exciting opportunities!!
12-week summer program
Very competitive intern pay!
Exposure to senior level management and company executives
Collaborative work environment with a relaxed company culture
Our values are the Core of everything we do:
We have a “bring it on” attitude.
We act quickly to make things happen. We empower and enable rapid decision making.
We solve problems with expertise. We have an unmatched depth of knowledge and experience.
We have high integrity, self-discipline and respect for others.
As a valued intern on our Actuarial Reserving team, you will be given real meaningful work as well as support and guidance from our actuaries as you continue on your exam path.
Key Accountabilities/Deliverables:
Perform and prepare quarterly reserve reviews to support adequate and accurate reserves recorded
Create and distribute Quarterly Reserve Report
Create and distribute CAT reporting, including a process for tracking incurred claims against reserve indication on a monthly basis;
Monitor loss emergence against plan assumptions and provide summaries to management
Create and distribute Monthly AvE: CAT, Large Loss and Attritional;
Develop and monitor monthly metrics to identify any trends in loss costs with a process oriented toward maintaining stable attritional LRs
Technical Knowledge and Understanding:
Passed at least one Actuarial Exam strongly preferred
Basic Excel experience
Interest in insurance industry
Knowledge of actuarial exam process
Strong organization and communication skills
The ability to learn, understand, and apply technical concepts
Ownership of tasks
Works within deadlines with guidance.
Able to manage time and prioritize with guidance
Adapts future behaviors based on prior mistakes
Accepts and reacts positively to feedback
Seeks out assistance as needed
Experience:
Must be actively pursuing a Bachelor's or Master's degree in Actuarial Science, Mathematics, Statistics, Economics, or related field
Demonstrate sufficient progress in understanding and applying basic actuarial principles is required
Studying for CAS preliminary exams; may have 1-2 passed
Applicants must be authorized to work for any employer in the U.S. We are unable to sponsor or take over sponsorship of an employment Visa for this position.
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Specialty insurer underwriting property, casualty, marine.
Core Specialty provides property, casualty, and marine insurance for small- to mid-sized businesses. It underwrites specialized commercial policies, tailoring coverage to clients’ risk profiles to support their risk management strategies. The product works by underwriting and issuing policies in its specialty lines, earning revenue from premiums and claims management. The company differentiates itself through its focus on the specialty insurance market and its emphasis on tailored underwriting for commercial risks, aiming to grow to a leading position in the specialty sector. Its goal is to be a top provider in specialty property, casualty, and marine insurance and to be a key partner for businesses looking to manage risk.
Explore more opportunities at Core Specialty