Actuarial Intern

Posted 15 Days Ago
Be an Early Applicant
Toronto, ON
In-Office
Internship
Insurance
The Role
As an Actuarial Intern, you'll assist in data analysis, model pricing, support SQL database development, and enhance models using R or Python.
Summary Generated by Built In

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Regular or Temporary:

Temporary

Language Fluency:  English (Required)

Work Shift:

1st Shift (Canada)

Please review the following job description:

The Data Analyst reports to the Vice President, Financial Solutions in the Life Reinsurance Division.  The incumbent will have a balanced mandate of both modelling and technical support accountabilities.  Responsibilities to include assisting in the modelling of mortality projections, supporting the enhancement of Moody’s AXIS models and helping to build and test an experience studies system. 

KEY RESPONSIBILITIES
Following is a summary of the essential functions for this job. Other duties may be performed, both major and minor, which are not mentioned below. Specific activities may change from time to time.
Data analysis and pricing of new business quotes.
Assist with the development of pricing models and tools.
Assist with the development of SQL Server and MS Access databases.
Consolidation, evaluation and reconciliation of MS Excel spreadsheets, text files and databases.
Aid with experience studies for new business quotes.
Use of R or Python software required along with MS Excel.
Reconciliation and evaluation of data within SQL server or MS Access.
Coordinate with external systems to integrate outputs/inputs of AXIS with databases.
Assist with pricing model setup, automation of tasks within Excel and other statistical/data manipulations tasks not mentioned.
Assist with Longevity pricing as required.
Assist with Life Reinsurance modelling in Moody’s AXIS.
EDUCATION AND EXPERIENCE
The requirements listed below are representative of the knowledge, skill and/or ability required. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions.
Bachelor’s degree from actuarial, mathematical, statistical, data science/similar programs or Actuarial exams along with other bachelor’s degree (required)
Understanding of Linear Regression (required)
SQL and Database knowledge, such as SQL Server, MS Access or others (required)
Experience with either R, Python or other mathematical/statistical programming languages (required)
Experience with MS Power BI, Tableau or similar (preferred)
High-level knowledge of insurance, reinsurance or life contingencies (preferred)
Experience with mortality forecasting algorithms (preferred)
Previous work experience, including co-op or summer work term(s) (preferred)
CERTIFICATIONS, LICENSES, REGISTRATIONS
None
FUNCTIONAL SKILLS
Good communication skills (oral and written).
Very strong analytical and problem-solving skills.
Ability to deal with other technical professionals (mathematical/actuarial).
Highly proficient in MS-Office tools, especially MS-Excel and MS-Access.

General Description of Available Benefits for Eligible Employees of CRC Group: At CRC Group, we're committed to supporting every aspect of teammates' well-being – physical, emotional, financial, social, and professional. Our best-in-class benefits program is designed to care for the whole you, offering a wide range of coverage and support. Eligible full-time teammates enjoy access to medical, dental, vision, life, disability, and AD&D insurance; tax-advantaged savings accounts; and a 401(k) plan with company match. CRC Group also offers generous paid time off programs, including company holidays, vacation and sick days, new parent leave, and more. Eligible positions may also qualify for restricted stock units and/or a deferred compensation plan.

CRC Group supports a diverse workforce and is an Equal Opportunity Employer that does not discriminate against individuals on the basis of race, gender, color, religion, citizenship or national origin, age, sexual orientation, gender identity, disability, veteran status or other classification protected by law. CRC Group is a Drug Free Workplace.

EEO is the Law   Pay Transparency Nondiscrimination Provision   E-Verify

Top Skills

Ms Access
Excel
Ms Power Bi
Python
R
SQL Server
Tableau
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The Company
HQ: Birmingham, Alabama
2,066 Employees
Year Founded: 1982

What We Do

CRC Group is one of the largest wholesale insurance distributors in the U.S.

CRC Group consists of three divisions, Commercial Solutions, Group & Individual Solutions, and Specialty Programs. The CRC Group family of brands includes CRC, TAPCO, Insurisk, CRC Programs, 5Star, The ABC Program, Negley, Professional Insurance Concepts, Pro-Praxis, SHU, Target, JH Blades, CRC Voluntary Benefits, Ethos Underwriting Services, and Hanleigh.

CRC Group’s insurance offerings and practice groups range from commercial property, casualty, professional lines, small business, transportation, environmental, construction, energy, healthcare, hospitality, manufacturing & distribution, public entity, and real estate, to personal lines, disability, voluntary benefits, and more.

CRC Group has the largest collection of actionable data in the wholesale business and we are putting it to use to consistently deliver better outcomes and more efficient results for our clients. We leverage data to provide a better client experience through limits benchmarking reports, amendatory endorsements, comparison tools, form review library, and property risk assessment reports. We have unveiled the REDY platform, which uses data and analytics to help clients win. In addition, we offer products exclusively available from CRC Group through our Insurisk brand. Our Claims Advocacy team is another way we strive to enhance the client experience, our dedicated team is ready to assist even after the policy is placed, we are here to help in the event of a difficult claim, as well.

These are just some of the ways CRC Group is placing you first.

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