Midwest Employers Casualty (MEC) is a member of the W. R. Berkley Corporation, a fortune 500 company, rated A+ (Superior) by A.M. Best Company, based in Chesterfield, MO. We improve the quality of life for employees severely injured on the job and help companies understand and mitigate their risk for workers’ compensation injuries. MEC has a friendly, results-focused work environment. We seek employees who take initiative, are quick to adapt, are dependable, and like working as part of a team.

 

Company URL: https://www.mecasualty.com/                 

 

The company is an equal opportunity employer.

The Actuarial Intern’s role is to support actuarial analyses required to estimate expected losses for insurance products on an individual policy level or across a portfolio of policies. The Actuarial Intern will primarily support the pricing function within the MEC Actuarial Department.

 

Key functions include but are not limited to:

• Coordinate, analyze, and prepare workers’ compensation exposure, loss, and coverage data for individual accounts.
• Complete updates and enhancements to processes as directed and support individual project research and analysis.
• Produce and deliver actuarial analysis inputs on individual accounts to support the insurance quote process, in-force book maintenance, and client service deliverables.
• Communicate with team members regarding any issues with account data.

• Pursuit of a Bachelor’s or Master’s degree in the field of mathematics, statistics, actuarial science, or other similar quantitative field.
• Work experience in a professional office environment preferred.
• Pursuit of actuarial designation through the CAS or SOA preferred.
• Advanced analytical and mathematical skills.
• Knowledge of Actuarial principles, techniques, and procedures preferred.
• Knowledge of available industry data sources preferred.
• Intermediate knowledge of basic data analysis tools like Microsoft Excel.
• Knowledge of advanced data analysis tools such as SQL (including query writing) and/or Power BI preferred.
• Knowledge of MEC’s insurance products, services, terminology, and core systems preferred.
• Basic knowledge of MEC data and data processes.
• Basic understanding of MEC’s goals and strategic objectives.
• Knowledge of predictive analytic/modeling techniques preferred.
• Knowledge of R, Python, or related modeling software preferred.
• Project management and financial reporting experience preferred.
• Strong interpersonal verbal and written communication skills.
• Keen attention to detail.
• Excellent active and reflective listener.
• Demonstrated interest in and ability to learn new concepts and tasks at a reasonable pace.
• Experience collaborating in a team-oriented environment.
• Strong customer service orientation.
• Willing to ask for help, when needed.
• Strong decision-making skills.
• Ability to communicate effectively in the English language.
• Ability to effectively prioritize and complete multiple concurrent assignments in a timely manner.
• Basic creative problem-solving skills.
• Occasional evening and weekend work to meet deadlines.
• Minimal travel for ongoing development.

We do not accept any unsolicited resumes from external recruiting agencies or firms.

The actual salary for this position will be determined by a number of factors, including the scope, complexity and location of the role; the skills, education, training, credentials and experience of the candidate; and other conditions of employment.

Sponsorship not Offered for this Role