Job Description
Job Type
Internship
Description
Who are we? Western National Insurance Group is a private mutual insurance company with over 120 years of experience serving customers' property-and-casualty insurance needs in the Midwestern, Northwestern, and Southwestern United States. Known as "The Relationship Company®," we define success as a measure of the relationships we have built over time. In everything that we do, we know that delivering a friendly and helpful interaction makes for a better experience for everyone involved. That is the power of "nice." At Western National, nice is something we work to bring to every person and organization with whom we partner and serve.
Western National Mutual Insurance Company is seeking to expand its Actuarial team by adding an Actuarial Intern. Our company growth, combined with our focus on innovation, transformation, and investments in the customer experience are key drivers supporting the expansion of our team. The Actuarial Intern will provide support to a variety of projects and initiatives, while playing a key role in our day-to-day operations.
Does this interest you?- Are you looking to jump start your career in the Actuarial field?
- Directly assisting the Actuarial team with a wide range of projects related to pricing of multiple lines of business, both commercial and personal lines
We ARE The Relationship Company ®! We are successful because we differentiate ourselves through exceptional service and the customer experience. We are here for our policyholders and independent agents in their time of greatest need. Our super-regional footprint in the Midwest, northwest and Alaska extends our reach and expands our network.
Western National Intern Program Summary: Western National provides a robust internship program designed for individuals aiming to acquire valuable experience in the insurance industry. This program not only offers practical, hands-on opportunities and project work in partnership with our premium billing team; but interns will also have the opportunity to enhance their existing skill sets through a range of professional development activities, cultivate relationships with employees and fellow interns, and participate in impactful volunteer initiatives within the community.
Position Summary: As an Actuarial Intern in our internship program, you will be a key contributor to our Actuarial team. Possible tasks that you assist with include:
- Perform analysis on our loss experience to determine potential rate changes
- Partner with our Data Science team on pricing models and any impact on our products' rates
- Update our competitive analysis using market intelligence
- Create improved methods of analyzing data
- Other actuarial tasks as assigned
Requirements
What You'll Need to Succeed: - Pursuing a degree in Actuarial Science, Statistics, Mathematics or related field
- Two years of college preferred
- A basic understanding of actuarial techniques
- Experience with Microsoft Office products, including Word and Excel
- Well-developed written and communication skills
- Strong technical and analytical skills
- Proven Project Management skills with the ability to effectively prioritize, multi-task, and establish/meet deadlines
Compensation Overview: The base pay offered for this position will be $24.00/hour with an additional $1/hour with each actuarial exam passed.
More About Western National Mutual Insurance Company: Western National is a growing, A+ rated group of property/casualty insurance companies serving individuals, families, and businesses in 20 states across the Midwest and Northwest U.S., including Alaska. Some of the recognitions we have received include:
- 2021 - 2024 Star Tribune Top Workplace
- Wards Top 50 performing Property/Casualty Insurance Company - 15 consecutive years
- 41st largest private company by revenue in Minnesota (Minneapolis-St. Paul Business Journal)
- Wellness by Design Platinum +Green Award (Hennepin County)
Western National has long been known as "The Relationship Company®" and caring for our employees is part of that relationship commitment. We value connectiveness, empowerment, and accountability, and we believe that our employees are our biggest asset. We also offer competitive pay, robust wellbeing programs, and a healthy work-life balance; and these attributes are just some of the reasons why half of our employees have chosen to stay with us for 10 or more years. ?Check out our website ( ) for additional information about our company and the many reasons to work with Western National Insurance Group.
Western National provides employment opportunities to all employees and applicants for employment and prohibits discrimination and harassment of any type without regard to race, color, religion, age, sex, national origin, disability status, genetics, protected veteran status, sexual orientation, gender identity or expression, or any other characteristic protected by federal, state, or local laws.
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