Actuarial Intern Job at First Chicago Insurance Company (FCIC), Bedford Park, IL

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  • First Chicago Insurance Company (FCIC)
  • Bedford Park, IL

Job Description

The Actuarial intern will be introduced to insurance terminology and concepts in general and exposed to a variety of Product/Actuarial projects and techniques.

DUTIES & RESPONSIBILITIES:

  • Assist with new product development which includes competitive rate comparisons and various other competitive studies
  • Create supporting exhibits and prepare filings for submission to department of insurance to satisfy state regulatory requirements
  • Complete data preparation and reserve reviews on various lines of business
  • Create and update monthly/quarterly financial reports

Intern will be involved with wide variety of insurance products which may include: Non-Standard Auto, Commercial Auto, and General Liability.

QUALIFICATIONS REQUIRED:

  • Pursuing an Actuarial Science, Math/Statistics, Economics, Finance, or other related degree with a cumulative grade point average of 3.0 (out of 4.0) or better
  • Excellent verbal and written communication skills
  • Great organizational and problem-solving abilities
  • Knowledge of Microsoft Word and Excel
  • SOA/CAS exams a plus but not required
  • Ability to work 40 hours a week
  • Willing to work part-time during the school year
  • Must be able to work in U.S. without sponsorship

20-27 per hour *Published ranges are estimates. Offered compensation will be based on experience, skills, education, certifications, and geographic location.

Job Posted by ApplicantPro

Job Tags

Hourly pay, Full time, Part time,

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