Actuary

• The Westfield Actuarial Internship offers an opportunity to work on matters of ratemaking, reserving and pricing analytics. Actuarial Interns work with experienced professionals on meaningful projects focused on developing technical actuarial acumen, programming skills, and communication in a collaborative environment. Throughout the summer, the internship also provides broad exposure and interaction with professionals across the organization giving you a comprehensive view of the property and casualty insurance industry.
• Completing meaningful actuarial assignments with direction/support/coaching from actuarial leaders and peers.
• Follows standard processes in assisting with the following items in assigned area: (IE Pricing, Loss Reserving, R&D)
• Providing input on pricing of new and existing products.
• Collaborating with Underwriting and Product in managing business.
• Determining loss and loss expense reserve recommendations.
• Preparing and defending state filing materials.
• Develop management reports.
• Estimating unpaid loss and loss expense liabilities.
• Assists the business unit in completing the tasks assigned to them, which often includes, but is not limited to, project work and covering the day-to-day operations of the business unit.
• Participates in training programs, workshops, and on-the-job learning opportunities to enhance knowledge and skills related to the field or industry of the internship.
• Participates in summer internship program events, including Lunch and Learns.
• Completes assigned tasks and projects efficiently and effectively, following instructions and guidelines provided by supervisors or mentors.
• Conducts research, gathers data, and analyzes information relevant to the internship focus or assigned projects.
• Takes responsibility for administrative and support tasks of the department.
• Collaborates with colleagues, supervisors, and other stakeholders to effectively communicate progress, challenges, and ideas, and actively participates in team meetings or discussions.
• Works on projects that provide opportunity to collaborate with other interns as well as associates in other departments, ranging from data analysis to mentors.
• Identifies and resolves issues or challenges that arise during the internship, demonstrating problem-solving skills and a proactive approach to finding solutions.
• Demonstrates professionalism, punctuality, and a strong work ethic by being reliable, responsible, and maintaining a positive attitude towards assigned responsibilities.
• Develops business skills in communication and shadowing other professionals.
• Maintaining accurate records, documenting progress, and preparing reports or presentations as required by the internship program or supervisors.
• Attends business unit meetings as assigned and creates and delivers presentations.
• Seeks feedback from supervisors or mentors, actively seeking opportunities for improvement, and applying learning to enhance performance throughout the internship.

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