Early Careers: Insurance Consulting & Technology - Actuarial Intern (Property and Casualty) - 2027 Job at WTW, Virginia

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  • WTW
  • Virginia

Job Description

Early Careers: Insurance Consulting & Technology – Actuarial Intern (Property and Casualty) – 2027

  • 202605670

  • New York, United States
  • Atlanta, Georgia, United States
  • Arlington, Virginia, United States
  • Minneapolis, Minnesota, United States
  • Philadelphia, Pennsylvania, United States
  • Chicago, Illinois, United States
  • Miami, Florida, United States
  • San Diego, California, United States

  • Full time
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Description

This role is remote, with the option to work from the following offices on a hybrid basis.

Employment-based non-immigrant visa sponsorship and/or assistance is not offered for this specific job opportunity. We will only consider candidates who are currently authorized to work in the United States and who will not require sponsorship now or in the future. Please note: student visas, CPT, OPT, H-1B, TN, and other temporary work authorizations are considered restricted forms of employment eligibility. Once these expire, the candidate must be able to present another valid form of work authorization.  

Create a career that goes in the direction you choose. Get to know opportunity. 

The Business

Create your future.  Our Insurance Consulting and Technology business helps our clients in the insurance industry improve business performance. We use our deep analytical skills to solve practical business problems, applying the latest techniques and software solutions to help clients measure and manage risk and capital, grow revenue and create competitive advantage.

Explore an opportunity.  As an actuarial intern in our Property & Casualty division, you will work as part of a team on a wide variety of complex projects spanning pricing and product development, reserving, capital modeling and software implementation for insurance companies. Our clients demand leading edge products and expertise; as an intern with our firm you can expect to gain tremendous exposure to many different aspects of insurance operations and learn practical skills working directly with credentialed actuaries.

Love your work.  You will work side-by-side with some of the industry’s top consultants while you develop cutting edge technical knowledge and skills and gain experience working with a variety of clients across industries. As part of your role, your work may include the following:

  • Assist with the overall pricing and development of personal and/or commercial lines insurance products 
  • Leverage predictive modeling techniques to increase segmentation of risks
  • Perform loss reserve analyses, including preparation of actuarial reports, Statements of Actuarial Opinion and Actuarial Opinion Summaries, using a variety of methods and stochastic approaches

  • Learn WTW proprietary software to complete projects
  • Seek and participate in key learning and development opportunities/maintain steady progress towards actuarial credentials
  • Build strong relationships internally and with client representatives 
  • Document, review and present your own work
  • Assist in creating detailed project plans
  • Monitor project progress against deadlines and budget
  • Follow the firm’s Excellence guidelines

Qualifications

About you:

  • Able to work legally in the United States indefinitely and without Visa sponsorship
  • Pursuing a bachelor’s or master’s degree in actuarial science, mathematics, statistics, finance or any other major with significant quantitative course work with a minimum overall GPA of 3.0
  • Successful completion of one or more actuarial exams highly preferred
  • Work or extracurricular experience that demonstrates strong technical and/or client service skills and leadership
  • Excellent oral and written communication skills
  • Strong computer skills and proficiency in Microsoft Office, particularly Excel
  • Accepting applications from candidates that graduate with a Bachelor’s or Master’s degree between December 2027 through June 2029
  • This position can be hybrid or remote


Compensation and Benefits

Base salary range and benefits information for this position are being included in accordance with requirements of various state/local pay transparency legislation. Please note that base salaries may vary for different individuals in the same role based on several factors, including but not limited to location of the role, individual competencies, education/professional certifications, qualifications/experience, performance in the role and potential for revenue generation (Producer roles only). 

Compensation

The hourly rate being offered for this role is $36.00 - $41.00/hr USD, depending on exam progress.  

This role is also eligible for overtime.

Company Benefits

WTW provides a competitive benefit package which includes the following (eligibility requirements apply):

  • Retirement Benefits: Contributory Pension Plan and Savings Plan (401k).  

Pursuant to the San Francisco Fair Chance Ordinance and Los Angeles County Fair Chance Ordinance for Employers, we will consider for employment qualified applicants with arrest and conviction records.

EOE, including disability/vets

Job Tags

Hourly pay, Full time, Temporary work, H1b, Work at office, Local area, Remote work

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