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Actuarial Intern - Morristown, NJ or Remote (Summer 2025)

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  • Internship
    Full-time
    Summer Internship
  • Data
    Accounting & Tax
  • Morristown

Requirements

  • Relevant coursework/exams in actuarial science or data science a plus.
  • Actuarial: Excel or R experience required
  • Strong communication skills, both verbal and in writing
  • One or more Actuarial Exam preferred
  • An ability to manage time and work effectively independently

Responsibilities

  • Work on 2-3 projects related to account pricing and/or book performance monitoring.
  • Partner with tenured actuaries and data scientists and learn about the sophistication of pricing insurance.
  • Develop, maintain, review, update, and enhance pricing tools

FAQs

What is the duration of the actuarial internship?

The actuarial internship is for the summer of 2025.

Where is the internship location?

The internship can be based in Morristown, NJ, or it can be completed remotely.

What type of projects will the actuarial intern work on?

The actuarial intern will work on 2-3 projects related to account pricing and/or book performance monitoring.

What skills are required for this internship?

Candidates should have experience with Excel or R, strong communication skills, and preferably have completed one or more actuarial exams.

Is prior experience in actuarial science or data science necessary?

Relevant coursework or exams in actuarial science or data science is a plus, but not strictly necessary.

What types of insurance lines will the intern be involved with?

The intern may work with a wide variety of lines including Commercial Lines (such as Auto, General Liability, Property, Umbrella, and Workers' Compensation) and Executive Risk (such as Cyber, Professional Liability, and Management Liability).

What is the compensation for this internship?

The hourly pay for the internship ranges from a minimum of $15.00 to a maximum of $25.00, depending on various factors.

What is Crum & Forster's commitment to diversity?

Crum & Forster values inclusivity and diversity and is committed to equal employment opportunities regardless of various personal characteristics.

Will I have the opportunity to work with experienced professionals during the internship?

Yes, interns will partner with tenured actuaries and data scientists and learn about the sophistication of pricing insurance.

Are there any community involvement opportunities during the internship?

Yes, Crum & Forster encourages a spirit of social and community responsibility, offering volunteer opportunities, a matching donation program, and an employee-driven corporate giving program.

Finance
Industry
1001-5000
Employees

Mission & Purpose

Crum & Forster (C&F) is a leading national property & casualty insurance company with a large, diversified specialty platform. We protect businesses and organizations from the unpredictable nature of risk, giving them the confidence to take on new challenges and flourish in today’s increasingly complex and uncertain world. C&F is client-focused, creative, and flexible in delivering customized products and services. Crum & Forster (C&F), with a proud history dating to 1822, provides specialty and standard commercial lines insurance products through our admitted and surplus lines insurance companies. With $4.6 billion in written premium as of 2021, C&F enjoys a financial strength rating of “A” (Excellent) by A.M. Best. C&F is proud of its superior customer service platform and its claims and risk engineering services are recognized as among the best in the industry. Our most valuable asset is our people – 2500+ employees, and growing, in locations throughout the United States. The company is increasingly winning recognition as a great place to work, earning workplace and wellness awards. C&F is part of Fairfax Financial Holdings, a global organization with $28 billion in revenue as of 2022. For more information about Crum & Forster, please visit our website: www.cfins.com. Affiliated Companies: Seneca Insurance Company The Redwoods Group Travel Insured International Crum & Forster Pet Insurance Group

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