Coaction Global is an insurance company that combines industry expertise to provide innovative solutions for its clients. The Actuarial Intern will support actuaries across property and casualty insurance operations by analyzing data and contributing to reserving, pricing, catastrophe modeling, capital modeling, benchmarking, and risk management initiatives.
Responsibilities
Assist actuaries with reserving, pricing, catastrophe modeling, or capital modeling initiatives
Research industry and competitor results for benchmarking
Develop price monitoring capabilities
Assemble, verify, and analyze exposures used for catastrophe modeling
Document all new processes (as well as existing ones to the extent they are incorporated in role)
Reconcile final dataset outputs to ensure no coding or system errors
Qualification
Required
Eligible candidates MUST be rising juniors with a targeted graduation date of May 2028 (2026, 2027, or 2029 graduates will not be eligible)
Students must currently be in pursuit of their Bachelor's Degree in business, finance or a related field
Students with strong analytical skills and a solid mathematical framework
Proficiency in Excel
Experience in working with databases
Determination to learn new technical skills
Excellent organizational and time management skills
Effective oral and written communication skills
Embraces new challenges and develops innovative solutions to problems
Strong sense of curiosity
Minimum GPA of 3.5
Preferred
SQL coding experience preferred
Actively pursuing the actuarial exams with preferably at least one exam passed
The opportunity to work individually and collaboratively with actuaries as well across various areas that may include such areas as underwriting, claims, and/or corporate risk management.
Learning about the Property & Casualty industry and insurance company operations.
Coaction's internship program does NOT offer remote work. Our internship roles are 5 days a week in our Morristown office.
Coaction Global (Coaction) is an A.M. Best “A-“ (Excellent)-rated, property and casualty (P&C) insurance company.
