As a leading provider of insurance and reinsurance with worldwide operations and employees in Bermuda, U.S., U.K., Continental Europe and Asia, we recognize that our success is derived directly from those who matter the most: our people. At Sompo International, our values of integrity, collaboration, agility, execution and excellence underpin our culture and our commitment to providing an employee experience that attracts and engages the best talent in the industry. As we continue to grow, we strive to find diverse, innovative and driven professionals to join our teams and offer a broad range of career and development opportunities at all levels, in multiple business areas, in each of our locations throughout the world. Our compensation and benefits programs are market driven and competitive, with excellent family friendly policies and flexible working provisions.

Job Description

We are seeking a Summer 2024 Actuarial Intern for our North America Pricing Group located in New York, NY.

The Internship Program is a 10-week development initiative designed to provide professional growth with potential long-term opportunity for successful individuals interested in the Insurance/Reinsurance industry.

Actuarial Interns receive hands-on training by working closely with highly experienced actuaries, gaining in-depth knowledge of the organization's business units and underwriting philosophy. The program combines on-the-job learning, workplace mentoring, and interaction with Actuaries, Underwriters, and other business members.

What can I expect as an Intern?

On-the-job Learning

Participants primary duties will be to assist Senior Actuaries in the department with pricing and research. This will include help with line of business studies, individual account pricing and general reporting requirements.

Activities, Learning and Development

Throughout the program, Interns will have the opportunity to hear from executive leaders, participate in structured, engaging leadership learnings, participate in networking events and activities with peers, members of our Executive team and outside brokerage firms, and be part of a project to present to their manager and mentor.

Qualifications

For the Actuarial Internship Program, we consider currently enrolled in a bachelor’s or graduate degree program with a minimum GPA of 3.3. We value candidates with a strong aptitude for analytical reasoning and technical skills, as well as intellectual curiosity, and interest in Actuary. Candidates should demonstrate strong analytical and quantitative and interpersonal skills, good communication skills, and team collaboration. Additionally, we look for the following attributes:

• Strong academic background, preferably in a STEM major
• Actuarial candidates must have successfully passed and/or be sitting for at least one CAS Exam
• Relevant internship experience preferred
• Strong proficiency using Microsoft Office (Excel, Word, PowerPoint)
• Candidates must be local to the New York area and/or able to provide their own housing and transportation
• Eligible candidates must be at least 18 years old and authorized to work in the United States without restriction

Salary Range: ___$24/hr_______ Actual compensation for this role will depend on several factors including the cost of living associated with your work location, your qualifications, skills, competencies, and relevant experience.

At Sompo International, we recognize that the talent, skills, and commitment of our employees drive our success. This is why we offer competitive, high-quality compensation and benefit programs to eligible employees.

Sompo International is an equal opportunity employer committed to a diverse workforce. M/F/D/V

Visit our website at www.sompo - intl.com