Location: On-site at Glen Allen, VA office
Duration: 10-week paid summer internship
Company Overview:
Richmond National is a specialty property & casualty insurance company focused on providing insurance to small and mid-size businesses that are unable to find coverage in the standard insurance market.
We operate exclusively within the excess & surplus lines market, which provides our underwriters flexibility to develop highly tailored policies to best meet the insurance needs and risk management objectives of our customers.
Job Description
The Actuarial Intern will have the opportunity to gain hands-on experience applying actuarial concepts to real business problems, contributing to analyses that inform underwriting strategy, risk selection, and profitability.
This internship provides meaningful exposure to the actuarial function within a dynamic and growing specialty insurance company. A successful candidate will be detail-oriented, curious, and eager to apply analytical skills to solve real-world business problems.
Qualifications
- Pursuing a bachelor’s degree in Actuarial Science, Mathematics, Statistics, Data Analytics, Information Systems, or a related quantitative field.
- Completion of at least one actuarial exam.
- Strong analytical, mathematical, and problem-solving skills.
- Proficiency with Excel; experience with programming or statistical tools (e.g., SQL, R, Python) is a plus.
- Excellent written and verbal communication skills.
- Ability to work both independently and in a collaborative team environment.
Richmond National made the RISE Elite 50 Internship list for 2022, 2023, 2024, and 2025!
RISE (Rising Insurance Start Executives) is a group dedicated to providing networking, resources, and support for early-career insurance professionals. The RISE Elite 50 Internships identifies and publishes a list of the 50 best internship programs in the Insurance Industry across the US.
Top Skills
What We Do
Richmond National is a specialty property & casualty insurance company focused on providing insurance to small and mid-size businesses that are unable to find coverage in the standard insurance market.
We operate exclusively within the excess & surplus lines market, which provides our underwriters flexibility to develop highly tailored policies to best meet the insurance needs and risk management objectives of our customers.
We work with a select group of appointed wholesale brokers that are deeply familiar with our insurance products and our underwriting appetite in the areas in which we focus. We believe that our wholesale broker partners value access to carriers that are consistent, stable sources of wholesale-only E&S capacity that can respond quickly to opportunities.
Our company was formed by a group of highly experienced industry professionals, many of whom have worked for some of the most successful E&S carriers in the industry. Members of our management team have also been responsible for the formation or capitalization of several successful startup and early stage specialty insurance companies.
We have adopted the best practices of the specialty insurance companies we have been involved with over the last 25 years while also incorporating the use of modern, cloud-based technology to help drive efficiency across our business in order to better serve our customers and business partners.
