Intern - Actuary

This internship is in Webster, MA and must be able to work on-site. 

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 5, 2023 and ending August 11, 2023.  Interns will typically work a 4-day workweek at 32 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.

Candidate must be enrolled in an accredited college degree program.  Must be able to provide own transportation.

Internship Position Description:

The Actuarial Intern assists in developing actuarial analyses in accordance with CAS (Casualty Actuarial Society) principles. These analyses will directly contribute to the overall performance of the actuarial area. As the analyses typically rely upon complex processes, with the potential to change in connection with the organization’s needs, the Actuarial Intern will learn how to make changes necessary to keep the analyses up-to-date and free of errors. The Actuarial Intern is therefore expected to understand the analyses undertaken, with the ability to detail the inputs to others in the actuarial area.

Department-specific responsibilities, project description, deliverables, etc.:

The actuarial intern will streamline the factor selection process for auto rate filings, establishing a system to make more consistent decisions and monitor the results of those decisions over time. The intern will enhance current analytical templates by incorporating KPIs and data visualization, in addition to model results and other relevant business metrics. The intern will also identify and implement opportunities for automation.

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:

• Actively pursuing CAS/SOA credentials
• Demonstrated leadership

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.