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Actuarial Intern

Job ID: 1007912
Date Posted: Sep 15, 2022
Department ID: TS0503 Actuarial - Pricing - Rates
Company: TMNA Services LLC

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Job Description

Marketing Statement

Tokio Marine North America Services (TMNAS) provides professional support services to Tokio Marine Group companies in the United States, including Tokio Marine America, First Insurance Company of Hawaii, and Philadelphia Insurance Companies. Customer service is our focus and our passion! TMNAS adds value in all that we do, providing the best professional service to our business partners, allowing them to achieve their goals. Our talented team delivers actuarial, audit, corporate communications, financial and investment, human capital services, information technology, legal, and payroll expertise to our customers.

Duties

JOB SUMMARY                                                                                                                                                   

Supports the actuarial function and staff by performing actuarial analyses and calculations, preparing reports and participating in actuarial projects.      

JOB RESPONSIBILITIES                                                                                                    

  • Gather and prepare data for analysis, as directed. Provides support for data mining
  • Participate in programming, preparation, and interpretation of actuarial reports
  • Participate in projects involving product development, pricing, reserving, reinsurance issues or financial modeling                                                
  • Develop new ideas that improve the Department's performance                         
  • Successful completion of actuarial examinations within the guidelines set in the TMNAS Actuarial Student Program               
  • Comply with proper internal controls as necessary to conduct job functions and/or carry out responsibilities and/or administrative activities at Company

Qualifications

  • Must be actively enrolled in an undergraduate or graduate program, preferably in actuarial science, math or a related field

KNOWLEDGE/SKILLS/ABILITIES (KSA's)

   Knowledge 

  • Basic understanding of statistical methods and actuarial tools and techniques
  • Basic knowledge of approaches, tools, techniques for recognizing, anticipating, and resolving actuarial operational or process problems                

   Skills

  • Ability to understand alternative solutions that resolve problems in the best interest of the business
  • Demonstrated initiative to seek out work                                                                          
  • Strong drive to accomplish goals                                                                                                                                                

   Abilities

  • Superior analytical and reasoning skills with the capability to determine the root cause of actuarial-related problems                         
  • Strong attention to detail; ability to process actuarial-related information with high levels of accuracy                                                     
  • Ability to work effectively as part of a team 

EEO Statement

Tokio Marine Group of Companies (including, but not limited to the Philadelphia Insurance Companies, Tokio Marine America, Inc., TMNA Services, LLC, TM Claims Service, Inc. and First Insurance Company of Hawaii, Ltd.) is an Equal Opportunity Employer.  In order to remain competitive we must attract, develop, motivate, and retain the most qualified employees regardless of age, color, race, religion, gender, disability, national or ethnic origin, family circumstances, life experiences, marital status, military status,  sexual orientation and/or any other status protected by law. 

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