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Actuarial Internship

Chubb Ltd
  • NJ
    15 days ago

    Job Description

    As a member of Chubb''s Actuarial Team, you will help evaluate business opportunities in a given market by analyzing data using P&C actuarial techniques. P&C actuaries advise management on ways to balance the anticipated with the unexpected utilizing all resources available to them.

    Actuarial Interns are located primarily in Philadelphia, PA and Whitehouse Station, NJ. The program offers college students the opportunity to work in one area of our department during the summer. Interns are exposed to many facets of actuarial techniques and are introduced to insurance concepts. In addition to working closely with their supervisor, interns are given an opportunity to network with other members of the Actuarial Department.

    We are looking for individuals who possess analytical skills, can effectively work as part of a team, are sophisticated communicators, and enjoy designing creative solutions to problems. Qualified candidates should be pursuing a degree in Mathematics, Statistics, Economics, Finance, Actuarial Sciences, or a related field.

    Chubb is a world leader in insurance. With operations in 54 countries, Chubb provides commercial and personal property and casualty insurance, personal accident and supplemental health insurance, reinsurance, and life insurance to a diverse group of clients. The company is distinguished by its extensive product and service offerings, broad distribution capabilities, exceptional financial strength, underwriting excellence, superior claims handling expertise and local operations globally.

    At Chubb, we are committed to equal employment opportunity and compliance with all laws and regulations pertaining to it. Our policy is to provide employment, training, compensation, promotion, and other conditions or opportunities of employment, without regard to race, color, religious creed, sex, gender, gender identity, gender expression, sexual orientation, marital status, national origin, ancestry, mental and physical disability, medical condition, genetic information, military and veteran status, age, and pregnancy or any other characteristic protected by law. Performance and qualifications are the only basis upon which we hire, assign, promote, compensate, develop and retain employees. Chubb prohibits all unlawful discrimination, harassment and retaliation against any individual who reports discrimination or harassment.

    • Undergraduate or Graduate Student in Actuarial Science; Mathematics; Science; Engineering; Economics; Finance or related course of study.
    • Strong GPA, 3.5 or higher is preferred.
    • At least one actuarial exam passed is preferred.
    • Strong mathematical skills (including calculus, probability, and statistics)
    • Working knowledge of Microsoft Office products, specifically Excel and Access
    • Experience with SQL, R Studio and Python is preferred
    • Solid analytical and problem-solving skills
    • Strong communication skills including a demonstrated ability to clearly explain projects/work products.
    • Ability to contribute to the attainment of business goals and objectives through teamwork

    Sponsorship, now or in the future, is not available for this role. Applicants must be legally authorized for employment in the U.S. without need for current or future employment-based sponsorship.

    Numbers & Facts

    LocationNJ
    IndustryInsurance
    Company Size500 to 999 employees
    Year Founded1792
    Websitehttps://www.chubb.com/

    About Company

    Chubb is the world’s largest publicly traded property and casualty insurance company and the largest commercial insurer in the U.S.

    With operations in 54 countries and territories, we are a major personal lines writer, as well as a leading middle market, small commercial and large industrial commercial insurer, providing a wide range of traditional and specialty coverages.

    As an underwriting company, we assess, assume and manage risk with insight and discipline. We service and pay our claims fairly and promptly. And we combine the precision of craftsmanship with deep experience to conceive, craft and deliver the very best insurance coverage and service to individuals and families and to businesses of all sizes.

    Our products and services are distributed through brokers, independent agents, exclusive agents and various forms of direct marketing.

    What we deliver:

    • Extensive product and service offerings
    • Broad distribution capabilities
    • Service excellence
    • Risk expertise
    • Underwriting discipline
    • Exceptional financial strength
    • Local operations globally

    Skills

    • Actuarial Skillsunmatched
    • Analysis Skillsunmatched
    • Calculusunmatched
    • Claims Processingunmatched
    • Communication Skillsunmatched
    • Data Analysisunmatched
    • Economicsunmatched
    • Financeunmatched
    • Insuranceunmatched
    • Market Analysisunmatched
    • Mathematicsunmatched
    • Microsoft Access Databaseunmatched
    • Microsoft Excelunmatched
    • Microsoft Officeunmatched
    • Microsoft Product Familyunmatched
    • Problem Solving Skillsunmatched
    • Python Programming/Scripting Languageunmatched
    • R Programming Languageunmatched
    • SQL (Structured Query Language)unmatched
    • Sales Qualificationunmatched
    • Statisticsunmatched
    • Team Playerunmatched
    • Underwritingunmatched

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