Job Description

Actuarial Intern

This is a hybrid position requiring three days in office at our Hartford, CT office location.

At CapSpecialty, we are a specialty underwriting company being driven by well-informed, entrepreneurial and proactive employees. Come join our exciting company where you can really make an impact, and each individual's unique skills and talents are recognized and valued. You will find an accessible leadership team that welcomes opinions and ideas. We owe much of our success to our collaborative environment and set of three guiding principles rooted in customer-centricity, employee excellence and corporate culture.

CapSpecialty is seeking an Actuarial Intern who will be responsible for supporting the actuarial pricing and analytic functions of the organization, ensuring the business has the information and tools necessary to make informed decisions that maximize the profitability of the portfolio.

Duties/Responsibilities:

• Support the development and maintenance of rating capabilities for all assigned products / lines of business.  This includes assistance with rate plan development, system requirements, testing, and rate studies.
• Assistance with the extraction, balancing, and analysis of data. Monitor data quality and completeness and work with IT and other relevant departments to initiate improvements. 
• Perform ad-hoc analytic work to support other initiatives within the organization as needed. Contribute to team effort by accomplishing related results as needed.
• Work towards achieving appropriate educational milestones related to improving actuarial and personal development.

Supervisory Responsibilities:

None.

Required Skills/Abilities:

• Strong written and verbal communication and organizational skills.
• Excellent interpersonal and customer service skills.
• Strong analytical and reasoning skills in interpretation of numbers.
• Ability to respond rapidly to changing work conditions and expectations.
• Proficient in Microsoft Office applications, including a high standard in Excel. Exposure to programming in software such as R, SAS or Python preferred. 
• Understanding of databases and data structures and their use in reporting and analysis.
• Self-starter with the ability and desire to discover problems and implement solutions.
• Able to follow tasks through to their completion and to monitor progress once implemented, ensuring processes followed correctly.

Education and Experience:

• Pursuing an undergraduate degree in Actuarial Science, Risk Management, Mathematics, Statistics, or Data Science related field
• Cumulative GPA of 3.0 or greater
• Actuarial experience in the insurance industry preferred but not required.

Physical Demands:

• Prolonged periods of sitting at a desk and working on a computer.
• May be required to lift up to 15 lbs at times.

CapSpecialty is a leading provider of specialty insurance and bonds for small- to mid-sized businesses in the U.S., offering casualty, professional liability, surety and fidelity products in all 50 states and the District of Columbia. By working with select partners through a limited distribution model, CapSpecialty's creative, hard-working team provides personalized service and cultivates mutually successful partnerships to deliver positive results. CapSpecialty is an operating subsidiary of Berkshire Hathaway, and its carriers have an A ("Excellent") rating from A.M. Best, writing both admitted and non-admitted policies. For more information, please visit CapSpecialty.com.

Apply today!

Equal Employment Opportunity Employer

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