Actuarial Intern Job at First Chicago Insurance Company (FCIC), Chicago, IL

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  • First Chicago Insurance Company (FCIC)
  • Chicago, IL

Job Description

Job Description

Job Description

First Chicago Insurance Company is looking for an eager, ambitious, and diligent intern to join their Product & Actuarial Analysis department. This is a great opportunity for a college student or recent college graduate to gain true business experience in a hands-on working environment.

Job Description: Intern will be introduced to insurance terminology and concepts in general and exposed to a variety of Product/Actuarial projects and techniques. Projects may include:

  • Assist with new product development which includes competitive rate comparisons and various other competitive studies
  • Create supporting exhibits and prepare filings for submission to department of insurance to satisfy state regulatory requirements
  • Complete data preparation and reserve reviews on various lines of business
  • Create and update monthly/quarterly financial reports

Intern will be involved with wide variety of insurance products which may include: Non-Standard Auto, Commercial Auto, and General Liability.

Key Skills & Qualifications: Ideal candidates will fulfill the following requirements:

  • Pursuing an Actuarial Science, Math/Statistics, Economics, Finance, or other related degree with a cumulative grade point average of 3.0 (out of 4.0) or better
  • Excellent verbal and written communication skills
  • Great organizational and problem-solving abilities
  • Knowledge of Microsoft Word and Excel
  • SOA/CAS exams a plus but not required
  • Ability to work up to 40 hours a week
  • Willing to work part-time during the school year
  • Must be able to work in U.S. without sponsorship

Job Posted by ApplicantPro

Job Tags

Part time,

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