SIU Analyst Intern

Posted 12 Days Ago
Be an Early Applicant
Trenton, NJ, USA
In-Office
21-25 Hourly
Internship
Insurance
The Role
Supports the Special Investigations Unit by analyzing predictive model outputs, scorecards, claims and policy data to identify fraud patterns, anomalies and trends. Conducts statistical analysis, data mining, public database research and recorded-call reviews. Develops metrics and actionable intelligence, communicates findings to nontechnical staff and investigative supervisors, and supports claim escalation and decision-making.
Summary Generated by Built In

Consider joining NJM’s 2027 Paid Summer Intern Program!

This robust program includes:

  • Lunch with leaders; featuring insights from an Executive Leadership Team member, and a former NJM intern. Opportunity to network with leaders and professionals across multiple departments.
  • Contribute to and collaborate on meaningful work within your department.
  • Team Intern Project: Research and present a business question to NJM leaders.
  • NJM Seminars designed to build essential professional skills and expand knowledge of the insurance industry.
  • Professional headshots to help enhance your personal brand.
  • Intern Fun:
    • Night at the Trenton Thunder Game
    • Volunteer activities to give back to the community in which we serve
    • Networking and social events with fellow interns, former interns, and leaders

NJM's Special Investigations Unit in West Trenton, NJ is seeking a Summer Intern for 2027!

Overview

The SIU Analyst Intern will support NJM's Special Investigations Unit by using data analytics, research, and reporting to help identify potential insurance fraud and support investigative teams. Interns will analyze predictive model results, identify trends and anomalies, and develop actionable insights that aid business and investigative decision-making. This role provides valuable exposure to fraud detection, data mining, and the insurance industry while developing strong analytical, technical, and communication skills.

Job Responsibilities

  • Triaging and analyzing scorecards and outputs from predictive models for General Claims, Personal Lines, Personal Injury Protection (PIP) claims and Medical Providers.
  • Conduct data mining efforts to explore anomalies, conduct statistical analysis, and identify patterns and trends related to fraudulent Personal Lines and Commercial Lines policies and claims.
  • Conduct background research on available public databases to support the need for the escalation of the claim review. 
  • Review NJM databases, retrieve NJM recorded calls, and support the investigative teams.
  • Provide metrics and statistics, as well as actionable intelligence to aid in decision making.
  • Articulate and convey analyses into information that can be consumed by non-technical staff.
  • Share analytical findings with SIU Supervisory staff. 
  • Attend virtual industry meetings to broaden exposure to the insurance industry.

Qualifications and Required Skills

  • Current Sophomore or Junior pursuing their Bachelors Degree in Criminal Justice, Data Analytics, Statistics, Mathematics and Economics.
  • Familiarity in data science tools and available systems (SQL, SAS, PowerBi).
  • Cumulative GPA of 3.0 or higher.
  • Organizational skills and attention to detail.
  • Excellent verbal, written, technical and presentation communication skills.
  • Proficient in Microsoft Office Suite.
  • Pro-active and self-motivated.
  • Ability to listen effectively and actively engage others.
  • Ability to work in a collaborative environment.
  • Ability to conduct online research and review results.
  • Commutable to our West Trenton, New Jersey office.

The SIU Intern position can pay $21-$25 hour.

Starting Rate: $21

Legal Disclaimer: NJM is proud to be an equal opportunity employer. We are committed to attracting, retaining and promoting a diverse and inclusive workforce that is fully representative of the diversity that exists in the communities in which we do business.

Skills Required

  • Current sophomore or junior pursuing a bachelor's degree
  • Major or studies in Criminal Justice, Data Analytics, Statistics, Mathematics, or Economics
  • Cumulative GPA of 3.0 or higher
  • Familiarity with SQL, SAS, and Power BI
  • Proficiency in Microsoft Office Suite
  • Organizational skills and attention to detail
  • Excellent verbal, written, technical, and presentation communication skills
  • Proactive and self-motivated
  • Ability to listen effectively and actively engage others
  • Ability to work in a collaborative environment
  • Ability to conduct online research and review results
  • Commutable to the West Trenton, New Jersey office

NJM Insurance Group Compensation & Benefits Highlights

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

  • Retirement Support — Retirement benefits include a 401(k) match with additional company contributions, materially boosting total compensation. This component is presented as a core element of the total rewards offering.
  • Healthcare Strength — Health coverage offers multiple medical plan options plus dental and vision, complemented by company-paid basic life insurance and disability protection. Wellness resources and assistance programs further support overall health needs.
  • Leave & Time Off Breadth — Time off includes a first-year PTO allotment paired with paid/floating holidays and state-based paid sick leave. Paid parental leave references and adoption assistance indicate breadth for various family situations.

NJM Insurance Group Insights

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The Company
HQ: West Trenton, NJ
1,929 Employees
Year Founded: 1913

What We Do

NJM is among the Mid-Atlantic's leading property and casualty insurers. Founded in 1913, NJM's mission is to provide value-based insurance solutions to its policyholders with the highest levels of service, integrity, and financial stewardship. The Company operates in a mutual fashion for the exclusive benefit of its policyholders. Headquartered in West Trenton, NJ, with offices in Hammonton and Parsippany, NJM employs nearly 2,500 workers. - 2019-2023 Forbes Best In-state Employer (Ranked #11 out of 89 NJ employers in 2023) - 2018, 2019, 2020, 2021, certified by J.D. Power for providing "An Outstanding Auto Claims Experience" for personal lines customers* - 2018, 2019, & 2020 Clearsurance Customers’ Choice Top Ranked Insurance Companies - 2021 American Heart Association Gold Level Workplace Health Achievement - 2020 American Heart Association Silver Level Workplace Health Achievement - 2019 Forbes Best Mid-size Employers in the country *J.D. Power Auto Claims Certification Program℠ recognition is based on successful completion of an audit, exceeding a customer experience benchmark through a survey of recent claims servicing interactions, and a Financial Strength rating. For more information, visit jdpower.com.

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