About the role#
First Chicago Insurance Company is seeking a Product Analysis Intern to join the Product and Actuarial Analysis Department. This role focuses on Commercial lines of business and offers hands-on experience in a professional environment.
What you'll do#
- Plan, manage, and contribute to projects of moderate complexity.
- Analyze competitor product rates, features, and contract language.
- Assist in creating rate, rule, and form filings for the Department of Insurance.
- Support new product development and enhancements to existing products.
- Conduct research and provide observations on target markets.
- Handle ad hoc projects, analysis, and reporting.
- Evaluate internal and external processes.
- Assist with compliance and regulation questions.
- Create and update monthly or quarterly reports.
- Work with IT to implement system and web rate changes.
- Build relationships with team members to support project objectives.
What you'll need#
- A bachelor's degree or current enrollment in Business Administration, Actuarial Science, Mathematics, Statistics, Economics, or Finance.
- A cumulative GPA of 3.0 or higher.
- Strong verbal and written communication skills.
- Quantitative, organizational, and problem-solving abilities.
- Proficiency in Microsoft Word and Excel.
- Ability to work 40 hours per week.
- Authorization to work in the U.S. without sponsorship.
- Knowledge of the insurance industry is helpful but not required.
Location & details#
- This position is based in Bedford Park, Illinois.
- It is an on-site, full-time, temporary seasonal role.
- Pay ranges from $16 to $23.75 per hour, depending on experience 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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