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United States
Internship
Remote
Intern
Mercury Insurance is seeking curious, passionate, and hard-working students for their summer internship program. The R&D Intern will support research initiatives and pricing strategy development within the insurance offerings, working collaboratively on real business problems and delivering a capstone presentation to leadership upon completion.
Apply NowResponsibilities
- Utilizes Python/R/SQL/SAS or other software to extract, manipulate and analyze large sets of data in order to recommend improvements in our product pricing
- Assists in predictive modeling projects and analyzing product performance under supervision and guidance; Tests new rating models to determine accuracy of prediction, loss ratio improvement and segmentation
- Performs primary field research, including customer, distribution, competitor and insurance department under supervision and guidance
- Prepares reports, graphs, charts and presentations based on research and analysis
- Over the course of the summer, interns will ultimately build a minimum viable product (MVP) and have a 'capstone' opportunity to present those findings to the Mercury leadership team
- Other functions may be assigned
Qualification
Required
- Be legally eligible to work in the U.S
- Currently pursuing a BS/BA/MS in a quantitative field (Statistics, Mathematics, Data Science, Engineering, Actuarial Science, Economics/Finance)
- Able to provide current GPA, as reported by your school. Minimum 3.0 GPA required, 3.5 or higher preferred
- Ability to work 40 hours a week, 12-week internship, beginning in June 2026
- Enrolled student attending a university program with an expected graduation date on or after August 2025
- Planning to seek full-time employment between December 2026 and September 2027
- Utilizes Python/R/SQL/SAS or other software to extract, manipulate and analyze large sets of data in order to recommend improvements in our product pricing
- Assists in predictive modeling projects and analyzing product performance under supervision and guidance; Tests new rating models to determine accuracy of prediction, loss ratio improvement and segmentation
- Performs primary field research, including customer, distribution, competitor and insurance department under supervision and guidance
- Prepares reports, graphs, charts and presentations based on research and analysis
- Over the course of the summer, interns will ultimately build a minimum viable product (MVP) and have a 'capstone' opportunity to present those findings to the Mercury leadership team
Preferred
- Solid track record of academic excellence
- Strong commitment to teamwork, learning and collaboration
- Academic or project experience in data manipulation and analysis using tools such as Python, R, SQL, SAS or equivalent
- Familiarity with modeling concepts such as GLMs, logistic regression, and gradient boosting algorithms
- Insurance coursework/projects; exposure to pricing/research workflows
- Excellent verbal and written communication
- Ability to manipulate and analyze data to address and solve business problems
- Willingness to independently learn and make an impact within a team environment
- Working knowledge of SQL and one language (Python or R); clear communication
- SAS familiarity, dashboarding tools (Power BI/Tableau), basic model validation techniques
- Proficient in Microsoft Office Suite
Benefits
- 12-week paid internship
- Mercury executives will host virtual lunch-and-learns with a small group of interns to discuss career aspirations
- Interns will get to meet Mercury people leaders and team members throughout the organization
- A multitude of virtual social events
- Competitive salary
- Bonus potential
- A variety of benefits to help our team members reach their health, retirement, and professional goals
- Obtain practical work experience in your field of interest
- Network with other interns and industry professionals
- Receive personalized coaching and mentorship
- Work on real projects and initiatives
- Earn a competitive wage
Mercury Insurance has offered quality insurance for personal auto insurance to homeowners insurance to mechanical breakdown protection.
Founded in 1962
Los Angeles, California, USA
5001-10000 employees
http://www.mercuryinsurance.com
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