Actuarial Intern

Employee Type:  Full-Time

Chicago, IL, US, 60601

Job Type:  Administrative
Secondary Location: 
Years of Experience: 

RSGUM, a division of Ryan Specialty Group is looking for a Actuarial Intern to join our Chicago, IL office. We are a fast paced, energetic and rapidly growing organization that offers a great opportunity for someone interested in further developing their career. 

Position Summary:

This role will be involved in all aspects of actuarial support for the Ryan Specialty Group. It is expected that this role will provide support to others within the actuarial team, providing services to a number of the RSG Managing General Underwriters and RT Specialty Brokerage operations as required.

Essential Functions:
  • Scheduled and ad hoc analyses of underwriting performance and profitability
  • Strategic analysis (including predictive modeling), identifying strengths/weaknesses and opportunities, leading to process / rating improvements and underwriting intelligence
  • Product development – industry, peer, and market analyses to support new initiatives
  • Maintenance of existing rating tools, development of new models, and assisting with integration of same into the RSG underwriting platform.
  • Regular communication with the underwriting staff, RSG management, and other internal functions such as IT and Finance.
  • Pursuit of BS in Math, Statistics, Computer Science, Actuarial Science, or a related degree.
  • Excellent technical aptitude and strong attention to detail.
  • Excellent knowledge of Excel, programming, and data manipulation.
  • Experience with Access, SQL, Tableau, Other, etc.Ability to ask questions and creatively explore.
  • Willingness to get involved at all levels and aspects of the process as necessary.
  • Outstanding interpersonal skills.
  • Basic understanding of the insurance business.

Preferred Qualifications: 

  • Completion of 1 or more Casualty Actuarial Society Exams
  • Experience with ratemaking, cat modeling, and predictive modeling a plus.
  • Understanding of the insurance business
Ryan Specialty Group is an Equal Opportunity Employer

Nearest Major Market: Chicago