About the role#
First Chicago Insurance Company is hiring an Actuarial Intern for the Product and Actuarial Analysis department. This role provides hands-on experience with insurance concepts and business operations. You will work on various projects related to non-standard auto, commercial auto, and general liability products.
What you'll do#
- Assist with new product development by performing competitive rate comparisons and studies.
- Prepare filings for state departments of insurance and create supporting exhibits.
- Manage data preparation and conduct reserve reviews across multiple lines of business.
- Update and generate monthly and quarterly financial reports.
What you'll need#
- Current pursuit of a degree in Actuarial Science, Math, Statistics, Economics, Finance, or a related field.
- A cumulative GPA of 3.0 or higher.
- Proficiency in Microsoft Word and Excel.
- Strong organizational, problem-solving, and communication skills.
- Ability to work 40 hours per week, with a willingness to work part-time during the school year.
- Legal authorization to work in the U.S. without sponsorship.
- SOA or CAS exam progress is a plus but is not required.
Location & details#
- Location: Bedford Park, Illinois.
- Work Modality: On-site.
- Employment Type: Full-time.
- Compensation: $20 to $27 per hour, based on experience, skills, and education.
About First Chicago Insurance Company
First Chicago Insurance Company provides personal and commercial auto insurance products. Founded in 1920, the firm operates as a privately held stock company based in Bedford Park, Illinois. It maintains a staff of 51 to 200 employees. The business distributes its policies through partnerships with independent producers.
How to get in at First Chicago Insurance Company
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