Actuarial Pricing Intern - Summer 2027

Posted 2 Days Ago
Be an Early Applicant
Chicago, IL, USA
In-Office
Internship
Insurance
The Role
Supports actuarial pricing across insurance business lines, including new program pricing, premium and loss ratio projections, monthly pricing reports, rate filings, and rating tool development or migration. Works with actuaries while progressing through actuarial exams and applies basic actuarial principles with guidance.
Summary Generated by Built In

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Come grow with us!

At Core Specialty Insurance, we cultivate an environment where our interns grow as they exposed to meaningful, real-life work. At Core Specialty, you’re much more than a summer intern, you are valued member of our team!

Why Intern with Core Specialty?

Gain experience in a quickly growing environment! Where every day provides new and exciting opportunities!!

  • 12-week summer program

  • Very competitive intern pay!

  • Exposure to senior level management and company executives

  • Collaborative work environment with a relaxed company culture

Our values are the Core of everything we do:

  • We have a “bring it on” attitude.

  • We act quickly to make things happen. We empower and enable rapid decision making.

  • We solve problems with expertise. We have an unmatched depth of knowledge and experience.

  • We have high integrity, self-discipline and respect for others.

As a valued intern on our Actuarial Reserving team, you will be given real meaningful work as well as support and guidance from our actuaries as you continue on your exam path. 

Key Accountabilities/Deliverables:

  • Provide Actuarial Pricing support for all lines of business

  • Support pricing of new program opportunities

  • In conjunction with the annual Planning process, develop premium and loss ratio projections

  • Complete and distribute monthly pricing reports

  • Support Insurance Department rate filings as needed

  • Develop new rating tools as requested and support migration of existing tools to new platforms

Technical Knowledge and Understanding:

  • Passed at least one Actuarial Exam strongly preferred

  • Basic Excel experience 

  • Interest in insurance industry 

  • Knowledge of actuarial exam process 

  • Strong organization and communication skills 

  • ​The ability to learn, understand, and apply technical concepts

  • Ownership of tasks

  • Works within deadlines with guidance.

  • Able to manage time and prioritize with guidance

  • Adapts future behaviors based on prior mistakes

  • Accepts and reacts positively to feedback

  • Seeks out assistance as needed

Experience:

  • Must be actively pursuing a Bachelor's or Master's degree in Actuarial Science, Mathematics, Statistics, Economics, or related field 

  • Demonstrate sufficient progress in understanding and applying basic actuarial principles is required

  • Studying for CAS preliminary exams; may have 1-2 passed

Applicants must be authorized to work for any employer in the U.S. We are unable to sponsor or take over sponsorship of an employment Visa for this position.
#LI-Onsite

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Skills Required

  • Actively pursuing a Bachelor's or Master's degree in Actuarial Science, Mathematics, Statistics, Economics, or a related field
  • Demonstrate progress in understanding and applying basic actuarial principles
  • Studying for CAS preliminary actuarial exams
  • Basic Microsoft Excel experience
  • Interest in the insurance industry
  • Strong organization and communication skills
  • Ability to learn, understand, and apply technical concepts
  • Ability to take ownership of tasks
  • Ability to work within deadlines with guidance
  • Ability to manage time and prioritize with guidance
  • Ability to adapt future behavior based on prior mistakes
  • Ability to accept and react positively to feedback
  • Ability to seek assistance as needed
  • At least one passed actuarial exam
  • Authorized to work for any employer in the United States without visa sponsorship
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The Company
HQ: Birmingham, AL
390 Employees

What We Do

Core Specialty, through its subsidiary insurers, offers a diversified range of property, casualty, and marine insurance products for small to mid-sized businesses. We have the capital to take on risk, the underwriting talent in place, decisive leadership team, infrastructure, and a proven track record of making things happen – fast! When you’re ready to solve your toughest insurance needs, we’re ready to get it done for you. We free customers up to focus on their business by taking the load of complicated specialty insurance off their hands. We break down the walls of bureaucracy to provide optimal underwriting solutions for brokers. We’re ready, equipped, and motivated to get the job done, efficiently and professionally, by empowering experts with what they need to move quickly on behalf of customers and their brokers. Our specialty focus is the essential part of our identity. It is at our core

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