The Cincinnati Insurance Companies
Student Opportunities - Statistical Modeling Internship (PhD level) - Summer 2024 (Hybrid) - (Job Number: 2300897)
This job is now closed
Job Description
- Req#: 129386
!*!Make a difference with a career in insurance
At The Cincinnati Insurance Companies, we put people first and apply the Golden Rule to our daily operations. To put this into action, we’re looking for extraordinary people to join our talented team. Our service-oriented, ethical, knowledgeable, caring associates are the heart of our vision to be the best company serving independent agents. We help protect families and businesses as they work to prevent or recover from a loss. Share your talents to help us reach for continued success as we bring value to the communities we serve and demonstrate that Actions Speak Louder in Person®.
If you’re ready to build productive relationships, collaborate within a diverse team, embrace challenges and develop your skills, then Cincinnati may be the place for you. We offer career opportunities where you can contribute and grow.
Build your future with us!
Our Predictive Analytics department is currently seeking Predictive/Statistical Modeling Intern(s). This role is based at our Headquarters in Fairfield, OH and intended for students who want to gain a meaningful work experience with us for Summer 2024. We are looking for a highly talented graduate student who is interested in learning new things and is capable of contributing to a dynamic and broadly skilled modeling/actuarial department. This is an opportunity to work with experienced professionals, to apply a variety of analytic methods to real-world data, and to build connections that may lead to future job prospects.
Starting Pay: The starting pay for this position begins at $33 per hour. The pay determination is based on the applicant’s education, experience, completed tests (if applicable), knowledge, skills and abilities. Interns for this role may be eligible for housing assistance, based on approved criteria.
Be ready to:
· assist with the development and maintenance of multivariate pricing and underwriting models for personal and business insurance
· assist with the development and maintenance of claims analytic models
· conduct research and development leading to potentially useful predictive models in the future
· assess model performance and recommending/implementing improvements
· assist with model deployment and delivery of results
· interact with actuaries and company management
· interact with several departments within the company, including Commercial Lines, Personal Lines, Claims, and IT
!*!Please attach a copy of your college transcript(s) with application. Unofficial transcripts accepted.
Be equipped with:
· current enrollment in a PhD program in a quantitative field of study
· a bachelor’s degree (or more) in mathematics, statistics, economics, physics, engineering, actuarial science, or other quantitative field of study
· some experience with Excel
· experience with Python, R, and/or SAS
· knowledge of regression models
· knowledge of machine learning models
· strong work ethic and commitment to learning new things
· strong communication, interpersonal, and organizational skills
Enhance your talents
Providing outstanding service and developing strong relationships with our independent agents are hallmarks of our company. Whether you have experience from another carrier or you’re new to the insurance industry, we promote a lifelong learning approach. Cincinnati provides you with the tools and training to be successful and to become a trusted, respected insurance professional – all while enjoying a meaningful career.
Enjoy benefits and amenities
Your commitment to providing strong service, sharing best practices and creating solutions that impact lives is appreciated. Many departments at our Headquarters in Fairfield, OH offer hybrid work options, empowering associates to work from home several days a week. Depending on your role and responsibilities, hybrid options may be available.
Embrace a diverse team
As a relationship-based organization, we welcome and value a diverse workforce. We provide equal employment opportunity to all qualified persons without regard to race; creed; color; sex, including sexual orientation, gender identity and transgender status; religion; national origin; age; disability; military service; veteran status; pregnancy; AIDS/HIV or genetic information; or any other basis prohibited by law. All job applicants have rights under Federal Employment Laws. Please review this information to learn more about those rights.
About the company
The Cincinnati Insurance Companies strive to be Everything Insurance Should Be® by offering insurance solutions for businesses and individuals through local independent agents. With a wide range of products and services, you are sure to find answer...
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