Actuarial Intern

2 days ago


Toronto, Ontario, Canada Acrisure Full time

ACTUARIAL INTERN
For Expanding Reinsurance Broker
Position
Actuarial Intern

Department
Analytics

Location:

Downtown Toronto, Canada

As part of our summer internship program, the successful candidate will be exposed to all areas of the business, working directly with senior members of the broking, actuarial and catastrophe modeling teams with on-the-job training in analytics and modelling.

Company Background:
Acrisure Re is a global reinsurance broker with a reputation for placing reinsurance programs covering complex and technical books of business. We are an integrated team of insurance and reinsurance specialists who bring together vast experience and expertise gained from working in markets and sectors across the world. By fostering a team mentality, both internally and with our clients, we develop a thorough understanding of our clients' situations and markets, creating unique opportunities for innovative and efficient solutions that add value and get positive results for our clients.

Analytics Responsibilities Include

  • Supporting senior actuarial staff with data preparation for analysis
  • Assist in building databases and reporting tools
  • Work with the actuarial team to develop stochastic models and perform reinsurance optimization analyses to evaluate and compare different reinsurance pricing and strategies
  • Assist in special projects and research efforts of the actuarial team
  • Study towards the actuarial qualification
  • Acting as a technical resource for Brokers and Account Managers, where needed
  • Assist with the production of high-quality presentations, submissions, and documentation
  • Develop a detailed understanding of the client's business, as part of developing tailor-made solutions to assist the Account Handlers

Upon successful completion of the internship program, the intern will acquire valuable knowledge of the reinsurance industry while developing technical, analytical, interpersonal, and relationship management skills, building a strong foundation in one's career in the insurance and/or financial services industries.

The Person - Experience & Skills

  • Completing third year of University Degree – Actuarial, Mathematics, Data Science or Other
  • Demonstrable interest in insurance and commitment to actuarial qualification
  • Exceptional analytical skills
  • First-class interpersonal skills, including relationship building and actuarial skills
  • Self-motivated with the ability to work under pressure
  • Strong communication skills (verbal and written)
  • Exceptional time management, organization, and prioritization skills
  • Experience with MS Excel, PowerPoint, and Word

What's in it for you?

  • Competitive salary
  • Pension
  • Holiday
  • Private medical care

About Us
Acrisure is an integrated team of insurance and reinsurance specialists who bring together vast experience and expertise gained from working in markets and sectors across the world. We develop a thorough understanding of our clients' situations and markets and create unique opportunities for innovative and ingenious solutions that deliver signature value. Acrisure London Wholesale capabilities cover all aspects of placement facilitation, namely open market, delegated authorities, MGAs and facultative reinsurance.

Acrisure Re and Acrisure London Wholesale are an Agency Partner of Acrisure LLC, providing high quality insurance and risk management services and solutions. Acrisure has grown at a rapid rate in recent years and is now one of the 10 largest insurance brokers in the world, with ambitious plans to continue growing at an accelerated and unprecedented pace. Beyond growth, Acrisure's dedication to its highly unique business model, ownership structure and entrepreneurial culture, has put us on the envious path of being the largest, most successful privately held insurance brokerage in the industry.

Our Ethos
Acrisure prides itself in achieving greatness through its people. We are a flat structure organization that see the person behind the position. It's up to you to shape your career but we provide you with every tool that we can to help you get there.

We believe teams and solutions are made stronger through different perspectives, which is why we're committed to a culture of equality, diversity and inclusion.

At Acrisure we are committed to developing our people as we believe that investing in our employees is critical not only for their individual success but the success of the organization. Through The Acrisure Academy (our learning system) we offer a variety of tailored courses and learning programs to enhance your skills and foster a culture of innovation. Additionally, we also offer ongoing professional development resources, coaching, and mentoring … by growing our people, we grow our business

We are not partnering with agencies on any roles unless specified by the Talent Acquisition Team. Please do not send any unsolicited emails or InMail's with resumes/CV's as they will not be accepted or credited.



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