Actuarial Intern

Company Details

Midwest Employers Casualty (MEC) is a member of the W. R. Berkley Corporation, a fortune 500 company, rated A+ (Superior) by A.M. Best Company, based in Chesterfield, MO. We improve the quality of life for employees severely injured on the job and help companies understand and mitigate their risk for workers’ compensation injuries. MEC has a friendly, results-focused work environment. We seek employees who take initiative, are quick to adapt, are dependable, and like working as part of a team.

Company URL: https://www.mecasualty.com/                 

The company is an equal opportunity employer.

Responsibilities

The Actuarial Intern’s role is to support actuarial analyses required to estimate expected losses for insurance products on an individual policy level or across a portfolio of policies. The Actuarial Intern will primarily support the pricing function within the MEC Actuarial Department.

Key responsibilities include but are not limited to:

• Produce and deliver actuarial analysis inputs (exposure, loss, and coverage data) on individual accounts to support the insurance quote process, in-force book maintenance, and client service deliverables.
• Complete updates and enhancements to processes as directed and support individual project research and analysis.
• Communicate with team members regarding any issues with account data.

Qualifications

• Pursuit of a Bachelor’s or Master’s degree in the field of mathematics, statistics, actuarial science, or another similar quantitative field.
• Work experience in a professional office environment is preferred.
• Pursuit of actuarial designation through the CAS or SOA is preferred.
• Advanced analytical and mathematical skills.
• Strong interpersonal verbal and written communication skills.
• Ability to communicate effectively in the English language.
• Strong decision-making skills.
• Strong customer service orientation.
• Keen attention to detail.
• Excellent active and reflective listener.
• Intermediate knowledge of basic data analysis tools like Microsoft Excel.
• Demonstrated interest in and ability to learn new concepts and tasks at a reasonable pace.
• Experience collaborating in a team-oriented environment.
• Willing to ask for help when needed.
• Ability to effectively prioritize and complete multiple concurrent assignments in a timely manner.
• Basic creative problem-solving skills.
• Knowledge of advanced data analysis tools such as SQL (including query writing) and/or Power BI preferred.
• Knowledge of R, Python, or related modeling software preferred.
• Reside in the greater St. Louis area
• Ability to reliably commute to our office in Chesterfield, MO
• Working at our office is expected throughout the year.
• 12-18 hours per week during the school year
• Full-time hours during winter and summer breaks

Additional Company Details

We do not accept any unsolicited resumes from external recruiting agencies or firms. The actual salary for this position will be determined by a number of factors, including the scope, complexity and location of the role; the skills, education, training, credentials and experience of the candidate; and other conditions of employment.

Sponsorship Details

Sponsorship not Offered for this Role