Travelers

Actuarial Co-op

Travelers

full-time

Posted on:

Location Type: Hybrid

Location: BostonMassachusettsUnited States

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Job Level

Tech Stack

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