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Axis Actuarial Intern in New York, New York

This is your opportunity to join AXIS Capital – a trusted global provider of specialty lines insurance and reinsurance. We stand apart for our outstanding client service, intelligent risk taking and superior risk adjusted returns for our shareholders. We also proudly maintain an entrepreneurial, disciplined and ethical corporate culture. As a member of AXIS, you join a team that is among the best in the industry.

At AXIS, we believe that we are only as strong as our people. We strive to create an inclusive and welcoming culture where employees of all backgrounds and from all walks of life feel comfortable and empowered to be themselves. This means that we bring our whole selves to work.

All qualified applicants will receive consideration for employment without regard to race, color, religion or creed, sex, pregnancy, sexual orientation, gender identity or expression, national origin or ancestry, citizenship, physical or mental disability, age, marital status, civil union status, family or parental status, or any other characteristic protected by law. Accommodation is available upon request for candidates taking part in the selection process.

AXIS Insurance and AXIS Reinsurance are currently recruiting interns for their New York office. This internship will give you an opportunity to experience actuarial work and see what a career at AXIS is like first-hand. Interns receive on-the-job training and the opportunity to work on a variety of projects.

The Actuarial Intern is expected to successfully complete projects which assist AXIS in performing Actuarial functions. Duties will include, but are not limited to, data manipulation, rater support, rate filings, and reporting.

This is a full-year internship. To be considered, candidates must be able to work in our midtown Manhattan office part-time (minimum 16 hours) during spring and fall terms and full time (40 hours) during summer. Target start date for this internship is January 2021.

Key Duties & Responsibilities:

  • Work closely with line actuaries and assist with profitability analysis of underwriting and claim trends as well as analysis of new and expanded business opportunities.

  • Provide assistance in developing and maintaining the rating plans used by various business units.

  • Assist with the monthly price monitoring process.

  • Assist with supplementary analysis and special projects.

  • Gain general insurance or reinsurance knowledge.

Required Education/Training & Experience:

  • Excellent PC skills and knowledge of Microsoft product suite, particularly Excel (experience with Visual Basic is a plus).

  • Excellent organizational skills and attention to detail, as well as strong written and verbal communication.

  • Strong interpersonal skills, as well as an ability to work on a team. Individual will have frequent interaction with people on a variety of levels in all major departments of the company (Actuarial, Underwriting, Claims,Finance etc.).

  • Knowledge of Access, SQL, and/or experience with databases is a plus.

  • Successful completion of Actuarial exams is a plus.

Minimum Qualifications:

  • Progress towards an Undergraduate or Graduate degree in Math, Accounting, Economics, Statistics, Business, Risk Management or a similar field which demonstrates an affinity and talent for quantitative analysis.

  • Current student in good standing with a GPA of 3.0 or higher with at least one year remaining towards completion of his or her degree.

  • Candidate should be local in the New York/ New Jersey area for the NY office positions.

  • This is a full-year internship. To be considered, candidates must be able to work in our midtown Manhattan office part-time (minimum 16 hours) during spring and fall terms and full time (40 hours) during summer. Target start date for this internship is January 2021.

Rewarding. Challenging. Meaningful.

We are shaping the direction of Insurance and Reinsurance during a critical and exciting time for the industry.

Whether you are a student approaching graduation or a seasoned professional looking for a new environment, AXIS has the right challenges and career opportunities for you. At AXIS, we value each individual and recognize that attracting and retaining the right people is essential to the success of our company.

We offer a comprehensive and competitive benefits package which includes medical plans for employees and their families, health and wellness programs, retirement plans, tuition reimbursement, paid vacation, and much more.

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