Data Science Summer Internship

MSIG USA

Posted 3 months ago

Internship

Warren Township, New Jersey

Hybrid

Smart Summary

Responsibilities

Support the design, development, and evaluation of predictive models for insurance use cases such as risk, pricing, and claims. Perform data exploration, feature engineering, and translate technical results into clear summaries for business stakeholders.

Qualifications

You are currently pursuing a Bachelor's or Master's degree in a quantitative field and have coursework or project experience in machine learning/statistics and data analysis. You possess strong Python and SQL skills for data manipulation and exploration, along with a solid understanding of statistical and machine learning concepts.

Must Have Skills for ATS

Python

SQL

Pandas

NumPy

scikit-learn

Git

Jupyter

VS Code

EDP

PRS

Job Description

MSIG USA continues to grow! 

Company Overview:

MSIG USA is the US-based subsidiary of MS&AD Insurance Group Holdings, Inc., one of the world’s top P&C carriers and a global Class 15 insurer, with A+ ratings and a reach that spans 40+ countries and regions. Leveraging our 350-year heritage, MSIG USA brings the financial strength, expertise, and global footprint to offer commercial insurance solutions that address your business’s unique risks.

We are seeking a Data Science Intern to support the design, development, and evaluation of predictive models that inform business decisions across insurance / financial services use cases (e.g., risk, pricing, propensity, claims). The intern will work alongside experienced data scientists and contribute to real analyses using production-like, real-world datasets—not toy problems—while building strong foundations in applied machine learning, experimentation, and stakeholder communication.

Applicants must be authorized to work in the United States without current or future visa sponsorship.

What You’ll Do (Key Responsibilities)

Under the guidance, you will:

  • Support predictive model development for use cases such as risk, pricing, propensity, and claims.
  • Perform data exploration and feature engineering using Python and SQL.
  • Clean and prepare datasets from multiple sources (e.g., EDP, PRS, finance/claims systems).
  • Run experiments and model evaluations, including train/validation splits, performance metrics, and back-testing.
  • Translate results into clear summaries and visuals for business stakeholders.
  • Contribute to documentation of datasets, models, and experiments within internal repositories.
 

Required Skills & Competencies

  • Python (Pandas, NumPy; plus scikit-learn or similar ML libraries).
  • Solid understanding of statistics and probability (distributions, confidence intervals, hypothesis testing).
  • Working knowledge of machine learning concepts (classification, regression, model evaluation).
  • SQL: ability to query, join, and aggregate data from relational sources.
  • Experience with Jupyter / VS Code and version control (Git) is a plus.

Core Competencies

  • Strong analytical/problem-solving skills and curiosity about “why the data looks this way.”
  • Ability to explain technical ideas in clear, simple language to non-technical audiences.
  • Attention to detail and comfort working with messy, real-world data.
  • Reliability, ownership, and willingness to ask questions early.
 

What You’ll Learn / Professional Development

During the internship, you can expect:

  • Work on real business problems with measurable outcomes (e.g., underwriting, claims, finance).
  • Close mentorship from experienced data scientists on coding practices, model design, and experiment setup.
  • Participation in team rituals such as stand-ups, code reviews, and design discussions, learning how data science operates in an enterprise environment.
  • Opportunities to present findings to business stakeholders, strengthening communication and storytelling skills.

What You’ll Gain by the End of the Internship

By the end of the internship, the Data Science Intern can expect to have:

  • Hands-on experience building, evaluating, and helping deploy at least one end-to-end ML or advanced analytics use case.
  • Stronger skills in Python, SQL, and statistics applied to production-like datasets.
  • Exposure to industry tooling and practices (e.g., data platforms, BI tools, Git, issue tracking).
  • A concrete portfolio artifact (or internal case study) to speak to in future interviews.
  • Practical understanding of how data science supports insurance / financial services decisions.

Minimum Qualifications

  • Currently pursuing a Bachelor’s or Master’s degree in Data Science, Computer Science, Statistics, Mathematics, or a related quantitative field.
  • Coursework or project experience in machine learning/statistics and data analysis.

Nice to Have

  • Experience with Git-based workflows (pull requests, code reviews).
  • Familiarity with model monitoring concepts or production analytics practices.
  • Exposure to insurance, claims, underwriting, pricing, or financial datasets (helpful but not required).
Program Overview/Benefits:
• Program Dates: June 2, 2026- August 14, 2026
• 3 Day Induction: June 2 - June 4, 2026 (Location, Warren, NJ)
• Hybrid Schedule: Minimum 4 days in the office per week
• Compensation: Hourly rate of $25.00

It's an exciting time for our company and a great opportunity to join a financially sound and growing global insurance group!  


It is the policy of MSIG USA to provide equal employment opportunity (EEO) to all persons regardless of age, color, national origin, citizenship status, physical or mental disability, race, religion, creed, gender, sex, sexual orientation, gender identity and/or expression, genetic information, marital status, status with regard to public assistance, veteran status, or any other characteristic protected by federal, state or local law. In addition, MSIG USA will provide reasonable accommodations for qualified individuals with disabilities.

MSIG USA

MSIG USA is the partner that businesses rely on for creative, customized insurance solutions. Owned by a global P&C carrier with an A+ rating and a 300-year heritage, MSIG USA helps protect leading businesses across a wide range of industries. The company’s financial strength and deep capacity enable it to cover a wide range of risks and deliver responsive, personalized service through a nationwide team. MSIG USA is admitted in all P&C lines in all 50 states, the District of Columbia, and Puerto Rico. MSIG USA is the marketing name used to refer to certain underwriting subsidiaries of MSIG Holdings (U.S.A.), Inc. (“MSIGH”), and its subsidiary companies. U.S. Companies Only: MSIG insurers are subsidiaries of Mitsui Sumitomo Insurance Company, Limited, a member of MS & AD Insurance Group. MSIG refers to the insurers underwriting coverage: Mitsui Sumitomo Insurance Company of America, Mitsui Sumitomo Insurance USA Inc. and MSIG Specialty Insurance USA Inc
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