Actuarial Intern - Fall 2022

Location Name AZ, Scottsdale - 7233 E Butherus Drive
Date Posted
2 months ago(5/2/2022 6:03 PM)
Nautilus Insurance Group
Primary Location
Hourly/Temporary Positions

Company Details



As an elite Excess and Surplus Lines market, Nautilus Insurance Group offers commercial property and casualty insurance solutions to appointed wholesale surplus lines producers countrywide. We have specialized in providing these solutions for more than 35 years.


We have more flexible policy terms and premium rates on a non-admitted basis. Our focus is small to medium Property and Casualty risks on both an admitted and a non-admitted basis.


Our offerings are distributed through partnerships with appointed wholesale surplus lines producers. Our relationships are defined by mutual success, speed to market, customer-centric focus and an expanded appetite.


Coverage placed by Nautilus Insurance Group is provided by Nautilus Insurance Company and Great Divide Insurance Company, both W. R. Berkley Corporation members with A.M. Best (Superior) A+ XV ratings.


Acquires and analyzes data.  Communicates with Actuarial unit and supervisor.  Participates in decision-making process by identifying issues and recommending solutions.


• Designs analyses for use in statistical rating studies as directed by Supervisor and/or VP. Applies advanced levels of mathematics, statistics, finance, and business to property and casualty insurance problems.
• Downloads, manipulates, and compiles data into useable and useful format. – Includes programming in spreadsheet or database manipulation software. Supports any programming or verification efforts in development of technology products (i.e. intraweb report generator) including corrections, revisions, or enhancements as directed by supervisor.
• Updates cost components (LDF, trend, ILF, variable expense loads, etc.) for use in statistical studies.
• Develops, maintains, and enhances methods for tracking rate change history, experience, statistical information, etc. from company and other industry sources to study rate levels in states or nationwide as initiated by individual or directed by management.
• Supports Rate filing – Compiles basic exhibits, explanations, justifications and statistical support for company rate filings to the insurance departments. Assists in answering insurance department inquiries regarding statistical analysis or actuarial support.

• Assembles and reviews action items based on ad hoc analysis or product development studies as directed or as situation dictates.




• No related work experience required.
• Requires intermediate knowledge of computer programs in a Windows environment, including Word, Excel and E-mail.
• Knowledge and practical application of statistical software or programming is preferred.
• Knowledge of insurance, business, finance is preferred.
• Ability to read, analyze, and interpret general business periodicals, professional journals, technical procedures, or governmental regulations.
• Ability to write reports, business correspondence, and procedure manuals.
• Ability to effectively present information clearly and respond to questions from groups of managers, clients, customers, and general agents. (Leadership)
• Excellent communication skills are critical. Written and verbal communication must be clear, complete, concise, accurate, respectful, persuasive, and timely.
• Sound judgment and decision making skills.
• Ability to apply common sense understanding to carry out instructions furnished in written, oral or diagram form.
• Ability to define problems, collect data, establish facts, and draw valid conclusions. Ability to interpret an extensive variety of technical instructions in mathematical or diagram.
• Ability to apply principles of logical or scientific thinking to a wide range of intellectual and practical problems.
• Ability to deal with nonverbal symbolism (formulas, scientific equations, graphs, etc.,) in its most difficult phases.
• Ability to organize and prioritize tasks in connection with department goals.
• Ability to multitask and maintain acceptable production
• Ability to organize and analyze data with high level of accuracy and attention to detail.
• Ability to add, subtract, multiply, and divide in all units of measure, using whole numbers, common fractions, and decimals.
• Ability to compute rate, ratio, and percent and to draw and interpret bar graphs.
• Ability to calculate figures and amounts such as discounts, interest, commissions, proportions, percentages, area, circumference, and volume.
• Ability to apply concepts of basic algebra and geometry.
• Ability to work with mathematical concepts such as probability and statistical inference, and fundamentals of plane and solid geometry and trigonometry.
• Ability to apply concepts such as fractions, percentages, ratios, and proportions to practical situations.
• Ability to apply advanced mathematical concepts such as exponents, logarithms, quadratic equations, and permutations.
• Ability to apply mathematical operations to such tasks as frequency distribution, determination of test reliability and validity, analysis of variance, correlation techniques, sampling theory, and factor analysis.

• Ability to apply mathematical operations to such tasks as frequency distribution, determination of test reliability and validity, analysis of variance, correlation techniques, sampling theory, and factor analysis.


Education Requirement


• Working on Bachelor's degree from four-year college or university in mathematics, actuarial science, or related field.
• Passage of 1-2 Casualty Actuarial Society examinations is preferred.

Additional Company Details

The Company is an equal employment opportunity employer.

Additional Requirements

Must be fully vaccinated and remain fully vaccinated against COVID-19*, unless prohibited by law.


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