Perr&Knight’s core services practice areas (actuarial, regulatory compliance and product design) are seeking to hire a summer intern. The position is full-time starting June 1, lasting approximately three months. The intern can be located in our Santa Monica, CA, Boca Raton, FL or Jersey City, NJ office. The Property/Casualty Insurance Intern will assist our core services consulting staff while learning about insurance operations and developing skills that can be applied in future employment.
What You’ll be Doing
Writing queries to obtain data from SNL.com in different summary formats identified by Consulting Actuaries.
Updating industry development factor spreadsheets to include 2017 data.
Automating Rate/Rule Filing Transmittals using data from SNL.com.
Updating rate level indication exhibits and filing support.
Testing Reserving and Ratemaking software in development.
Developing an Excel based State Filing Fee calculator based on filing fee guidance provided by the Department of Insurance and experience of State Filing Analysts.
Creating macros to automate manual document handling processes in our licensing and state filings areas.
Creating billing summary reports in Access based on descriptions created.
Preparing PowerPoint presentation for Principal meeting.
What You’ll Gain
Improved Microsoft Excel, Access and PowerPoint skills through practical application
Experience in an Office/Consulting work environment
A basic understanding of fundamental actuarial/insurance concepts such as premium, losses, loss ratio, expense ratio, forms, rates, etc.
A basic understanding of the following insurance company functions/operations: state filings, ratemaking/pricing, reserving, and licensing.
Competitive Salary including paid holidays and paid time off
What You’ll Bring to the Table
2+ years at an accredited college/university
Attention to detail, good organization, resourcefulness, sound judgment and confidence
Excellent work ethic and ability to self-motivate
Intermediate Windows, Outlook, Word and Excel skills
A knack for recognizing opportunities for automation, streamlining and process improvement
Founded in 1994, Perr&Knight provides insurance consulting and software solutions to the property & casualty and accident & health industries. Services include actuarial consulting, product development, insurance policy and forms consulting, regulatory compliance, state filings, licensing, technology consulting, statistical reporting, data services, and predictive analytics. Software includes StateFilings.com, a leading cloud-based state filings management solution. With offices in Santa Monica, Boca Raton, the New York Metro Area, Fort Worth, and Cincinnati, and more than 100 insurance professionals, Perr&Knight is among the largest independent actuarial and insurance consulting firms in the United States.
Among the firm’s 100+ professionals are more than 20 Fellows and Associates of the Casualty Actuarial Society and members of the American Academy of Actuaries. Perr&Knight offers a comprehensive actuarial education program for employees pursuing their actuarial credentials and supports the continuing education of our credentialed actuaries. All of our actuarial positions are bonus eligible. Perr&Knight offers flexible working arrangements including full-time and part-time telecommuting and expanded office hours.