Long Term Actuarial Intern Job Details | Munich Re Careers

Summary

American Modern, a Munich Re company, is a recognized specialty insurance leader delivering residential and recreational products. They are seeking a Long Term Actuarial Intern to assist in the development of pricing strategies and profitability analyses.

Responsibilities

• Development of rate level indications for all lines of business
• Selection of pricing levels for each state and line in close collaboration with Product Management
• Development of strategies to drive profitable growth
• Filing support for rate changes
• Development of profitability scorecards that drive strategy and resource allocation
• Annual Loss Ratio Planning
• Special Projects

Skills

• Must be a recent graduate or graduating in the next 12 months
• Completed Bachelor's degree in Actuarial Science, Mathematics, Statistics, or similar background requiring quantitative analysis
• GPA 3.2 or higher
• Successful completion of 1 or more actuarial exams
• Strong analytical abilities including understanding of advanced mathematics and statistical concepts
• Demonstrated ability to think logically and perform analysis in a timely manner
• Solid written and oral communication skills
• Strong command of Excel as well as some knowledge of programming and databases such as SQL, Visual Basic and Macros

Qualifications

Must Haves

• Must be a recent graduate or graduating in the next 12 months
• Completed Bachelor's degree in Actuarial Science, Mathematics, Statistics, or similar background requiring quantitative analysis
• GPA 3.2 or higher
• Successful completion of 1 or more actuarial exams
• Strong analytical abilities including understanding of advanced mathematics and statistical concepts
• Demonstrated ability to think logically and perform analysis in a timely manner
• Solid written and oral communication skills
• Strong command of Excel as well as some knowledge of programming and databases such as SQL, Visual Basic and Macros