Actuarial Intern - Property and Casualty
South Burlington, VT 
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Job/Internship Description
Description
Who We Are

The Burlington Casualty Practice provides property and casualty actuarial consulting services on a range of projects across the insurance, reinsurance, and insurance-linked securities (ILS) markets. We work with a diverse set of clients ranging from major international corporations, to governmental agencies and risk pool, and financial investors and other participants in the ILS space. Using a variety of Milliman products and office-built tools, we look to establish and develop the cutting edge of actuarial practice in each of our professional niches, and provide our clients with trusted partnership and advice to advance the success of their business.

The Department/Team

The team is a focused and tight-knit group based out of the Burlington, VT office of Milliman. Our book of projects allows team members to work on a range of client projects of various sizes, and we employ a highly integrated project structure that encourages interaction across all members of the team from analysts to the Principals serving as the client leads. While most of our team's time is spent working on Burlington projects and with Burlington employees, team members also have the chance to participate on certain assignments that are completed in partnership with other Milliman offices, and work with employees from other Milliman casualty practices.

We believe that the actuarial skillset has important applications across both our traditional actuarial work and our work in developing market areas such as ILS, and are committed to developing a pipeline of young actuarial talent and future leaders of the firm through exam support and interaction with senior colleagues.

Role

The actuarial intern role provides training and experience to individuals seeking to pursue a career in actuarial science. Interns are expected to be pursuing a credential with the Casualty Actuarial Society by taking and passing actuarial examinations, and to be exploring the potential of engaging in a full-time actuarial career.

On a day-to-day basis, the actuarial intern will be expected to work closely with project team members to execute key analyses for ongoing projects. They will be expected to develop their actuarial skills while displaying professionalism and strong communication skills. Much of the intern's work will be in Excel, but supplemental programming, statistical, and database skills are highly valued and will open up additional opportunities during the internship.

Qualifications

Required:

  • Four-year bachelor's degree or higher degree (quantitative course work in actuarial science, mathematics, statistics, etc. highly desired), either completed or in progress.
  • Strong critical thinking, technical, and analytical skills
  • Expertise with Excel and Word
  • Close attention to detail

Desired:

  • Between one and five successfully completed actuarial examinations, and pursuing a credential from the CAS.
  • Expertise with statistical and programming tools such as @Risk, VBA, R, Python, STATA, etc.
  • Working knowledge of supplemental database and professional working tools such as Access and PowerPoint
  • The ability to work collaboratively and organize various client needs in a fast-paced environment
  • Clearly demonstrated leadership and creative thinking abilities
  • The ability and willingness to clearly articulate questions and ideas
  • Intellectual curiosity about the topics of risk, Milliman, and the work of the Burlington Casualty Practice


Equal Opportunity Employer/Protected Veterans/Individuals with Disabilities

The contractor will not discharge or in any other manner discriminate against employees or applicants because they have inquired about, discussed, or disclosed their own pay or the pay of another employee or applicant. However, employees who have access to the compensation information of other employees or applicants as a part of their essential job functions cannot disclose the pay of other employees or applicants to individuals who do not otherwise have access to compensation information, unless the disclosure is (a) in response to a formal complaint or charge, (b) in furtherance of an investigation, proceeding, hearing, or action, including an investigation conducted by the employer, or (c) consistent with the contractor's legal duty to furnish information. 41 CFR 60-1.35(c)

Milliman is an equal opportunity employer

Our company, with the full support of our Chief Executive Officer, is fully committed to the maximum utilization of all human resources and the goals of Equal Employment Opportunity and Affirmative Action. We recruit, hire, train, and promote, and consider qualified applicants for employment, in all job titles without regard to age, ancestry, citizenship status, color, creed, familial status, genetic information, marital status, national origin, political ideology, race, religion, sex, sexual orientation, gender identity, status as an individual with a disability, or veteran status, including qualified disabled veterans, Armed Forces service medal veterans, recently separated veterans, and active duty wartime or campaign badge veterans; and shall not discriminate against any individual, or any other characteristic protected by law.

Reasonable Accommodation Notice

Federal law requires employers to provide reasonable accommodation to qualified individuals with disabilities. Please tell us if you require a reasonable accommodation to apply for a job or to perform your job. Examples of reasonable accommodation include making a change to the application process or work procedures, providing documents in an alternate format, using a sign language interpreter, or using specialized equipment.

 

Position Summary
Company
Start Date
As soon as possible
Employment Type
Full Time
Period of Employment
Open
Type of Compensation
Paid
College Credits Earned
No
Tuition Assistance
No
Required Student Status
Open
Preferred Majors
Other
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