RLI’s Risk Services department is currently recruiting actuarial students for two internships during the 2018-2019 school year. The position will be based in our Peoria, IL home office. The hours will be part time (16-20 hrs/week) and flexible based on the student’s schedule.
This role will primarily work with RLI’s pricing and reserving actuaries and gain hands-on experience with a variety of actuarial tasks including:
• Development and testing of rating plans and systems
• Competitor rating analysis
• Assessing the accuracy of various methods for projecting future loss development
• Other analytical projects such as rate change measurement, loss ratio forecasts or assisting with reserve adequacy analyses
Required completion of at least one exam administered by the Casualty Actuarial Society or the Society of Actuaries.
Analytical thinking and problem solving. Self-motivated.
Excellent communication skills and ability to work in a team.
Experience in MS Excel.
Demonstrated success in a classroom setting with a natural curiosity and desire to learn.
Sophomore or Junior studying Actuarial Science, Mathematics/Statistics, Insurance or another technical field of study.
Minimum GPA of 3.0 required
Peoria, Illinois, United States
Website : http://www.rlicorp.com
RLI is a specialty insurance company that has been successful for more than 45 years. Ours is a diversified portfolio of property and casualty coverages and surety bonds serving ‘‘niche’’ or underserved markets. We operate in all 50 states from office locations across the country. Our talented associates have delivered underwriting profits in 31 of the last 35 years, including the last 16 consecutively.