Internship Actuarial

Emergent Holdings Career Section

Applications Closed

Posted 6 months ago

Internship

Lansing, Michigan

In Person

Smart Summary

The intern will gather and analyze data, presenting findings in formats suitable for various actuarial functions such as pricing and loss reserving. They will also prepare reports and presentations while engaging in broader duties within the Actuarial team.

Must Have Skills for ATS

Job Description

SUMMARY:

This internship is designed to provide practical, hands-on experience that should prepare you for a full-time actuarial opportunity while doing meaningful work for our company.  You will learn how to apply actuarial concepts, gather and analyze data, and present analysis in a format appropriate for pricing, loss reserving, product development, capital modeling, reinsurance and/or other financial analysis, as well as engage in a broader array of duties and developmental opportunities.

Check out the Internships at Emergent Holdings video to learn more.  (AF Group is an entity within the Emergent Holdings organization.)

JOB DESCRIPTION:

  • Gathers, analyzes data and presents analysis in a format appropriate for pricing, loss reserving, product development, capital modeling, reinsurance and/or other financial analysis.
  • Updates and presents reports for pricing, loss reserving, product development or other areas of the company.
  • Performs duties related to the major functional areas of our business for our Actuarial team.
  • Prepares and delivers presentation(s) on assigned topic(s).
  • Attends unit, departmental, and corporate meetings as assigned.
  • Shows learning and both personal and professional growth and understanding of responsibilities.
  • Gains an understanding of how company and business works.
  • Shows punctuality, professionalism, and a positive attitude when completing assignments.
  • Manages multiple deadlines.
  • Completes miscellaneous assignments as assigned.
  • Uses company software applications to complete assignments.
  • Maintains confidentiality.
  • Responds to internal and external customer inquiries.
  • This position description identifies the responsibilities and tasks typically associated with the performance of the position. Other relevant essential functions may be required.

EMPLOYMENT QUALIFICATIONS:

  • Have status as a sophomore, junior or senior as of the end of the spring term (or be enrolled in an applicable graduate program.)
  • Have status as a rising freshman, at least 18 years-old, who is enrolled in or has completed a vocational insurance-related program, with some college credits.
  • Hold a cumulative grade point average of 3.0 or better as of the most recent grading period.
  • Be able to work full-time during normal business hours for this summer.
  • Be available to begin employment between mid-May and mid-June.

EDUCATION OR EQUIVALENT EXPERIENCE: Currently enrolled and active in any educational degree program that aligns with our various businesses. 

EXPERIENCE: With proper education credentials no experience necessary. Previous work experience preferred. 

SKILLS/KNOWLEDGE/ABILITIES (SKA) REQUIRED:

  • Excellent oral and written communication skills.
  • Excellent working knowledge of computers and company standard software; Internet research experience strongly preferred.
  • Ability to proofread documents for spelling, grammar and punctuation.
  • Ability to perform necessary mathematical computations.
  • Ability to comprehend consequences of various situations and make appropriate individuals aware of same for decision making.
  • Ability to exchange information clearly and concisely and to present ideas, report facts and other information.
  • Ability to establish workflows, manage multiple projects and meet necessary deadlines while maintaining composure during stressful situations occurring as a result of workloads and/or deadlines.
  • Ability to maintain confidentiality.

WORKING CONDITIONS:

  • Work is performed in an office setting with no unusual hazards.

The qualifications listed above are intended to represent the minimum education, experience, skills, knowledge and ability levels associated with performing the duties and responsibilities contained in this job description. 

Actual compensation decision relies on the consideration of internal equity, candidate’s skills and professional experience, geographic location, market and other potential factors. It is not standard practice for an offer to be at or near the top of the range, and therefore a reasonable estimate for this role is between $17 and $33.

We are an Equal Opportunity Employer. We will not tolerate discrimination or harassment in any form. Candidates for the position stated above are hired on an "at will" basis. Nothing herein is intended to create a contract.

E

Emergent Holdings Career Section

Emergent Holdings’ elite team makes lives, companies and communities better! Emergent Holdings is driven by a singular goal — improving the health and safety of our customers and our communities. How do we do that? We create innovative insurance products, technology solutions and services to support our key stakeholders — individuals, employers, providers and strategic partners — improving the health and safety of the people and places we serve. At Emergent Holdings, we’re inspired to create, to challenge the status quo, to think not just about what our customers need now, but what they will need in the future. We are strategic thinkers. We are industry innovators. We are market trendsetters. Together, we are Emergent Holdings. Our team of established industry experts embraces a culture of innovation and entrepreneurial spirit. That means we’re focused on innovation, on leading and shaping our markets and improving health and safety for our customers and communities. For our customers, the result is a suite of solutions, services and products delivered ahead of market needs — and in anticipation of member demands. We are tireless in our pursuit of the exceptional, and our companies deliver optimal customer experiences and improve people’s lives every day, by making workplaces safer and delivering affordable, solutions-focused healthcare services.

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