Actuarial Analyst Internship- Summer 2027/Hybrid, Bala Cynwyd, PA
Marketing Statement:
Tokio Marine North America Services (TMNAS) provides professional support services to Tokio Marine Group companies in the United States, including Tokio Marine America, First Insurance Company of Hawaii, and Philadelphia Insurance Companies. Customer service is our focus and our passion! Tokio Marine North America Services adds value in all that we do, providing the best professional service to our business partners, allowing them to achieve their goals. Our talented team delivers actuarial, audit, corporate communications, financial and investment, human capital services, information technology, legal, and payroll expertise to our customers.
JOB SUMMARY
Supports the actuarial function and staff by performing actuarial analyses and calculations, preparing reports and participating in actuarial projects.
JOB RESPONSIBILITIES
- Gather and prepare data for analysis, as directed. Provides support for data mining
- Participate in programming, preparation, and interpretation of actuarial reports
- Participate in projects involving product development, pricing, reserving, reinsurance issues or financial modeling
- Develop new ideas that improve the Department's performance
- Successful completion of actuarial examinations within the guidelines set in the TMNAS Actuarial Student Program
- Comply with proper internal controls as necessary to conduct job functions and/or carry out responsibilities and/or administrative activities at Company
- Perform special projects and other duties as may be assigned
KNOWLEDGE/SKILLS/ABILITIES (KSA's)
Knowledge
- Basic understanding of statistical methods and actuarial tools and techniques.
- Basic knowledge of approaches, tools, techniques for recognizing, anticipating, and resolving actuarial operational or process problems
Skills
- Ability to understand alternative solutions that resolve problems in the best interest of the business
- Demonstrated initiative to seek out work
- Strong drive to accomplish goals
Abilities
- Superior analytical and reasoning skills with the capability to determine the root cause of actuarial-related problems
- Strong attention to detail; ability to process actuarial-related information with high levels of accuracy
- Ability to work effectively as part of a team
QUALIFICATIONS
- Must be actively enrolled in an undergraduate or graduate program, preferably in actuarial science, math or a related field
EEO Statement:
Tokio Marine Group of Companies (including, but not limited to the Philadelphia Insurance Companies, Tokio Marine America, Inc., TMNA Services, LLC, TM Claims Service, Inc. and First Insurance Company of Hawaii, Ltd.) is an Equal Opportunity Employer. In order to remain competitive we must attract, develop, motivate, and retain the most qualified employees regardless of age, color, race, religion, gender, disability, national or ethnic origin, family circumstances, life experiences, marital status, military status, sexual orientation and/or any other status protected by law.
Skills Required
- Currently enrolled in an undergraduate or graduate program
- Actuarial science, mathematics, or a related field of study
- Basic understanding of statistical methods and actuarial tools and techniques
- Strong analytical, reasoning, problem-solving, and attention-to-detail skills
- Ability to work effectively as part of a team
What We Do
We provide professional support services to the Tokio Marine Group of companies in the United States, including Tokio Marine America, the First Insurance Company of Hawaii, and the Philadelphia Insurance Companies. Among our professional service offerings are actuarial, financial, audit, payroll, human resource, legal, information technology, communications, and investment expertise. At Tokio Marine North America Services (TMNAS), customer service is our focus and our passion. We are recognized as a Best Place to Work in Insurance, Best Place to Work in Pennsylvania, and Philly.com Top Workplace. We are also recognized as one of the Healthiest 100 Workplaces in America. At Tokio Marine North America Services, we strive to add value in all that we do, providing the best professional service to our business partners, allowing them to achieve their goals. Our mission is to provide superior professional services which support the business and governance needs of our valued customers. Our values guide and direct our actions and our culture: *Customer-Centric Partnership *Integrity *Respect *Engagement *Innovation *Enthusiasm We strive to Empower our People, Look Beyond Profit, and Deliver on Commitments. We are passionate about the services we provide: Legal, Internal Audit, Actuarial, Finance & Accounting, Facilities, Communications, Human Resources, and Information Technology. It is only possible through the efforts of all employees that we are able To Be a Good Company, operating for the benefit of our customers, stakeholders, and society.
