Actuarial Intern

Posted Yesterday
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Cheshire, CT, USA
In-Office
Internship
Insurance
The Role
Actuarial Interns support pricing plan development, risk modeling, research, and analytical assessments of insurance products. They collaborate with actuarial, underwriting, marketing, operations, and software teams, complete ad hoc and capstone projects, recommend solutions, and present findings. The role includes coaching, mentoring, networking, and potential college credit while developing actuarial techniques and business problem-solving skills.
Summary Generated by Built In

Overview: 

If you're looking for the stability of a profitable, growing company with the entrepreneurial spirit of a startup, we’re hiring. SageSure, a leader in catastrophe-exposed property insurance, is seeking an Intern to join the Rising Pioneer Program as part of our Product Development and Commercial teams.  

Working on the Actuarial team at SageSure, the largest independent residential managing general underwriter (MGU) in the U.S., offers a broad range of opportunities and experience to advance your career. You’ll not only be predicting and modeling risk in some of America’s most challenging markets but also working in multiple actuarial disciplines, including pricing and product. At SageSure, you’ll gain hands-on experience working on challenging assignments and make data-driven decisions to help solve business problems. Our tight-knit, collaborative team regularly presents our findings to senior management and frequently collaborates across the company to leverage synergies with underwriting, marketing, program operations and software. We provide the support you’d expect—including a rotational program and exam assistance—and develop and champion your whole career.  


What you’d be doing: 

  • Learn and use actuarial techniques in developing pricing plans 
  • Assist in providing technical and analytical assessments of complex business issues related to the management of the current and future development of insurance products 
  • Learn and network with employees, leaders, and other interns during an on-the-job experience 
  • Potential to earn college credit 
  • Modeling, research and analysis support on ad-hoc projects 
  • Collaborative teamwork and/or individual Capstone project  
  • Recommend solutions to industry issues 
  • Fulfill tasks set out by team leaders 
  • Receive coaching, mentoring and feedback from knowledgeable SageSure professionals 

We’re looking for someone who has: 

  • An undergraduate education to pursue a degree in Actuarial Science or STEM-related field 
  • A graduation date in 2028
  • Solid analytical, problem-solving, and reasoning skills 
  • Proficiency in Microsoft Office Suite, particularly Excel 
  • Strong Communication skills, both with technical and non-technical resources 
  • Ability to multitask and hungry to learn 
  • Ability to work independently and as a team member 
  • Authorization to work in the United States 

 

Highly preferred candidates also have: 

  • Proficiency in Microsoft Office Suite 
  • Prior internship experience 
  • GPA of 3.0 or higher 
  • Passage of one or more actuarial exam(s) 
  • Strong technical skills 
  • Familiarity with R is a plus 
  • Knowledge of modeling packages, programming languages, and spreadsheet / database software 

 

About the Actuarial Team at SageSure: 

As a member of SageSure’s Actuarial team, Actuarial Interns will have the opportunity to assist in providing technical and analytical assessments of complex business issues related to the management of the current and future development of insurance products. Our interns will learn and use actuarial techniques in developing pricing plans.   

About SageSure:

Named among the Best Places to Work in Insurance by Business Insurance for four years in a row (2020-2023), SageSure is one of the largest managing general underwriters (MGU) focused on catastrophe-exposed property in the US. Since its founding in 2009, SageSure has experienced exceptional growth while generating underwriting profits for carrier partners through hurricanes, wildfires, and hail. Available in 16 states, SageSure offers more than 110 home, flood, and commercial products on behalf of its highly rated carrier partners. Today, SageSure manages more than $3.2 billion of inforce premium and helps protect more than 970,000 policyholders.  

 We have more than 1,000 employees in a distributed workforce environment across 12 offices—Fairfield, CA; Mountain View, CA; Cheshire, CT; Jacksonville, FL; Tallahassee, FL; Tampa, FL; Chicago, IL; Jersey City, NJ; Marlton, NJ; Cincinnati, OH; Houston, TX; Sheboygan, WI—who are tackling the industry’s toughest challenges.     

SageSure is a proud Equal Opportunity Employer committed to building a workforce that reflects the spectrum of perspectives, experiences, and abilities of the world we live in. We recognize that our differences make us strong, and we actively seek out diverse candidates through partnerships with organizations, institutions and communities that represent various backgrounds. We champion belonging and inclusion for all identities, including, but not limited to, race, ethnicity, religion, sexual orientation, age, veteran status, ability status, gender, and country of origin, striving to create a culture where all individuals feel valued, respected, and empowered to bring their authentic selves to work. 

Our nimble, highly responsive culture nurtures critical thinkers who run toward problems and engineer solutions. We relentlessly pursue better outcomes by investing in the technology, talent, and tools that position us to succeed in demanding markets. Come join our team! Visit sagesure.com/careers to find a position for you. 

California Applicants: View SageSure’s Workforce Members’ Privacy Notice - CA Privacy Policy & Notice of Collection

Skills Required

  • Undergraduate education pursuing a degree in Actuarial Science or a STEM-related field
  • Expected graduation date in 2028
  • Solid analytical, problem-solving, and reasoning skills
  • Proficiency in Microsoft Office Suite, particularly Excel
  • Strong communication skills with technical and non-technical resources
  • Ability to multitask and willingness to learn
  • Ability to work independently and as a team member
  • Authorization to work in the United States
  • Prior internship experience
  • GPA of 3.0 or higher
  • Passage of one or more actuarial exams
  • Strong technical skills
  • Familiarity with R
  • Knowledge of modeling packages, programming languages, and spreadsheet or database software

SageSure Compensation & Benefits Highlights

The following summarizes recurring compensation and benefits themes identified from responses generated by popular LLMs to common candidate questions about SageSure and has not been reviewed or approved by SageSure.

  • Healthcare Strength Medical plan options (HSA, EPO, PPO) plus dental and vision are included. Wellness resources such as an employee assistance program and gym or wellness reimbursements complement the core coverage.
  • Retirement Support A 401(k) with company match and a profit‑sharing bonus program are part of the package. These elements bolster long‑term financial security beyond base pay.
  • Leave & Time Off Breadth PTO, paid holidays, and dedicated volunteer time off are provided. This range of time‑off options supports rest, observances, and community engagement.

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The Company
HQ: Jersey City, NJ
268 Employees
Year Founded: 2006

What We Do

SageSure is an innovation-focused insurance and technology company specializing in underserved property markets. As the leading homeowners insurtech organization in the U.S. measured by premium and profitability, we offer more than 40 competitively priced insurance products on behalf of our carrier partners, serving 300,000+ policyholders. SageSure partners with a growing network of insurance agents and brokers in 14 coastal states.

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