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Actuarial Analyst (Co-Op/Intern)

  • Internship
    Full-time
    Off-cycle Internship
  • Data
    Product
  • Boston

AI generated summary

  • You must be enrolled in a BA/MS program in business or STEM, have strong problem-solving and communication skills, be intellectually curious, and know data analytics tools like SQL, R, Python, and Excel.
  • You will analyze P&C insurance operations, review policy ratings, assist in preparing manuals, gather competitive data, and collaborate on cross-functional project teams.

Requirements

  • Currently enrolled in a BA/MS program in a business or STEM field.
  • Strong problem solving skills.
  • Excellent verbal and written communication skills.
  • High level of intellectual curiosity.
  • Some knowledge of data analytics tools – SQL, R, Python, and Excel.

Responsibilities

  • Establishes familiarity with P&C insurance industry operational procedures and underwriting performance indicators, benchmarks PRAC performance and suggests and executes on plans for improvements.
  • Reviews rating details of concrete policies as part of user acceptance testing and customer solutions troubleshooting projects.
  • Assists with the preparation and filing of manuals and exhibits.
  • Gathers data for competitive intelligence reports.
  • Participates in cross function operation project team representing Product.

FAQs

What is the primary focus of the Actuarial Analyst Co-Op/Intern position?

The primary focus is to support the development of the company’s product features, pricing, and competitive position by working on operationalizing new rating plans, underwriting guidelines, and process improvements.

What are the key responsibilities of the intern in this role?

The key responsibilities include familiarizing with P&C insurance industry operational procedures, reviewing rating details, assisting with the preparation and filing of manuals, gathering data for competitive intelligence reports, and participating in cross-functional operation project teams.

What qualifications are required for this internship?

Candidates should be currently enrolled in a BA/MS program in a business or STEM field, possess strong problem-solving skills, excellent verbal and written communication skills, a high level of intellectual curiosity, and some knowledge of data analytics tools such as SQL, R, Python, and Excel.

Is prior experience in the insurance industry required?

No prior experience in the insurance industry is explicitly required, but familiarity with operational procedures and performance indicators would be beneficial.

What type of educational background is ideal for this position?

An ideal educational background is being enrolled in a business or STEM field at the BA or MS level.

Where is the Plymouth Rock Company headquartered?

The Plymouth Rock Company is headquartered in Boston, Massachusetts.

What is the company’s reputation in the insurance industry?

The Plymouth Rock Company has built an unparalleled reputation for service, continuously investing in technology and fostering an empowering environment for employees.

What does the company’s A.M. Best rating signify?

The A.M. Best rating of "A-/Excellent" signifies that the company is considered to have strong financial stability and is well-positioned to meet its ongoing insurance obligations.

Plymouth Rock. Get more from your Auto and Home Insurance.

Finance
Industry
1001-5000
Employees
1983
Founded Year

Mission & Purpose

If you’ve found your way to our LinkedIn page, you’re likely here for one of two reasons: You’re reviewing insurance companies or you’re browsing new career opportunities. Well, you’ve come to the right place. Insurance Customer In just 35 years, Plymouth Rock Assurance has grown to be one of the leading auto and home insurers in the Northeast. With unique features like Crashbusters® mobile claims vans, Door to Door Valet Claim Service®, the Get Home Safe® taxi and rideshare benefit, Road Rewards® and our Home Insurance Quick Quote, we’re committed to delivering our customers “More Than Just Insurance.”