
Actuarial Co-op
Travelers
full-time
Posted on:
Location Type: Hybrid
Location: Boston • Massachusetts • United States
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Job Level
About the role
- Partner with actuary to learn how to complete rate indications, pricing factor development, state filing support, live testing of pricing changes and how to monitor results
- Learn how to form reserve opinion from claims data and communicate results to key stakeholders
- Develop technical acumen through coding new models in Python and SQL
- Monitor key business metrics and recommend changes to enhance sophistication of the rating plan
- Perform ad hoc analyses as needed by the team
Requirements
- Pursuing a Bachelor’s Degree in Statistics, Mathematics, Actuarial Science or other quantitative field
- Enthusiasm for learning and asking questions
- Ability to communicate to a non-technical audience
- Passion for problem solving and strong analytical skills
- Ability to work both collaboratively and independently in a fast-growing environment
Benefits
- Group plan for medical, dental, vision, and prescription drug coverage.
- Short term disability, long term disability, and life insurance coverage.
- Participation in the Company’s bonus program
- Participation in 401(k) plan with a 5% employer match.
- Commuter benefits to help cut down on parking and public transit costs.
- 25 days of vacation time plus 10 sick days and 10 company holidays.
- A genuine investment in your learning and development
- Regular team outings and volunteer opportunities.
- An awesome office space.
- A hybrid working model, giving our employees great choice and flexibility to work in a way that’s best for their particular job, their teams, and their lives.
Applicant Tracking System Keywords
Tip: use these terms in your resume and cover letter to boost ATS matches.
Hard Skills & Tools
PythonSQLrate indicationspricing factor developmentreserve opinionad hoc analysesdata analysismodel development
Soft Skills
enthusiasm for learningcommunication skillsproblem solvinganalytical skillscollaborative workindependent work