Property & Casualty Actuarial Intern at Nationwide

Expires October 18, 2013

Job Description:

Nationwide Insurance is looking to fill five actuarial internship positions in Personal Lines Pricing for Summer 2014. The internship positions will be in the following areas; Commercial Pricing, Standard Auto Pricing, Titan Auto Pricing, Homeowners Pricing, and Pricing Research, all in Columbus, Ohio. This is an excellent opportunity to experience working at a large Property and Casualty insurer.

Responsibilities:
The actuarial intern will:
Become familiar with data sources and requirements; retrieve and manipulate data. Estimate future loss and premium results.

• Under direct supervision, conduct analyses that adhere to actuarial standards of practice: select appropriate data sources and methods, make assumptions, recognize considerations and develop recommendations.
• Develop knowledge of actuarial methodologies.
• Prepare memos, documents, and letters as directed.  Communications are to be concise, logical, organized, and grammatically correct.  Recipient of documents may include internal and external parties including regulatory bodies.

Qualifications:

EXPERIENCE/ KNOWLEDGE: No prior actuarial work experience required. Knowledge of advanced mathematics and statistical concepts.

EDUCATION: Pursuing bachelor’s or master's degree in actuarial science, mathematics, statistics, economics, finance, or related field with a strong quantitative orientation. Actuarial exam takers and non-exam takers will be considered.

SKILLS: Effective oral/written communication skills; Ability to comprehend actuarial concepts and other advanced statistical concepts; Ability to think logically and perform accurate calculations in a timely manner; Ability to use personal computer and related spreadsheet and database software;
Strong problem solving and analytical thinking ability.

This is a Full-time internship offered for a term of 3 to 4 Months


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