Who Are We?

　　Solid reputation, passionate people and endless opportunities. That’s Travelers. Our superior financial strength and consistent record of strong operating returns mean security for our customers – and opportunities for our employees. You will find Travelers to be full of energy and a workplace in which you truly can make a difference.

　　Job Category

　　Actuarial

　　Target Openings

　　1

　　What Is the Opportunity?

　　The Actuarial Internship Program provides qualified students with an excellent opportunity to gain first-hand experience, receive valuable on-the-job training and learn more about the property & casualty insurance industry.

　　This role is an exciting opportunity to work with one of the largest employers of P&C actuaries in North America. As an Actuarial Assistant, the successful candidate will be offered an opportunity to gain relevant property and casualty insurance and business experience in personal and/or commercial lines while working in a dynamic, team-focused environment.

　　As a member of the Actuarial Department, the candidate will act as an effective contributor to their team, and will interact with insurance professionals from underwriting, claims, finance and information systems as necessary.

　　Roles available:

　　CAT Risk Management

　　Candidates may be required to work for other teams on an ad-hoc basis however. The candidate will be responsible for a range of projects and tasks which will involve interaction with many areas of the business.

　　Each intern will be expected to complete challenging and meaningful project work over the course of this program. In addition, there are core assignments and a designated coach to further develop interns' insurance knowledge.

　　Data preparation, validation, reconciliation and analysis of premium, claims and other data

　　Managing multiple projects simultaneously

　　Developing product knowledge

　　Testing of new rate systems

　　Statistical model building and validation

　　Exposure to machine learning models and working in python

　　Using software such as SAS, MS Access and Excel to produce analyses

　　Analyzing and assisting with property and auto rate level indications

　　Participating in rate filing preparations

　　Supporting implementation of rate changes, product enhancements and testing controls

　　Supporting quarterly reserve analysis for all lines of business

　　Determining estimates for catastrophic events

　　Working with Finance on monthly IBNR booking

　　Because the Actuarial Internship Program itself is complex and dynamic, we welcome applicants that have a variety of majors, backgrounds and experiences.

　　For this internship opportunity, we are most interested in students who are serious about entering the insurance industry and who are excited about the prospect of making actuarial their future career choice.

　　Preferred cumulative GPA of 3.0 or above. Undergraduate students completing their 3rd or 4th year is preferred.

　　Strong academic record

　　Strong verbal communication skills

　　Commitment to passing actuarial examinations

　　Skilled independent problem solver

　　Self-motivated team player

　　Detail oriented

　　Proficiency with Microsoft Excel

　　Knowledge of Microsoft Access, VBA or SAS considered an asset

　　Prior actuarial experience considered an asset

　　Equal Employment Opportunity Statement

　　Travelers is an equal opportunity employer. We are committed to providing accommodation to persons with disabilities. If you require accommodation during the recruitment or interview process we will work with you to accommodate your needs.

　　If you are a candidate and have specific questions regarding the physical requirements of this role, please send us an email ([email protected]) so we may assist you.