The board
- Hours
- Part time
- Where
- NJM - Trenton
- Posted
- 3 days ago
Consider joining NJM’s 2027 Paid Summer Intern Program!
This robust program includes:
NJM Insurance Group is looking for several dynamic, energetic interns who are eager to learn about our company by assisting various projects in the Actuarial department. As an Actuarial Intern, you will be assigned to one of the main teams in the department: Personal Auto Pricing, Property Pricing, Commercial Lines pricing, or Reserving.
Project assignments vary year to year but there are several common themes:
To be successful as an Intern, you should be willing to help with any tasks assigned by a supervisor. You will be involved in upcoming and current projects.
What you'd do
- Creating a tool that automated the analysis of quotes and bind information
- Completing a Countrywide reserve review for an entire Line of Business
- Developing an automation tool that iteratively analyze 100’s of rating variables
- Performing in-depth analysis of a pricing variable by utilizing a simulation tool to test rates against competitors
- Conducting a thorough competitor insights analysis for the launch of a new Line of Business
- Performing cluster analysis to define customer classes
- Completing full profitability and impact analysis of a potential new product
- Analyzing industry loss trends and developing proposals
- Learn about the insurance industry and basic Actuarial techniques (such as extension of exposure on-leveling, loss development triangles, etc.) and applying them to solve real business problems
- Learn and heavily utilize Excel, SQL, SAS, and/or PowerBi in various projects
What they want
- Commutable to our West Trenton, New Jersey office
- Current Sophomores and Juniors pursuing Math, Actuarial, Statistics, Quantitative Finance, or other quantitative field
- Must have 3.0 GPA or higher, overall
- Self-directed learner with the ability to learn quickly and pursue Internship with enthusiasm and focus Advance skills in MS Word, Outlook, and Excel
- Ability to work well on a team or individually
- Excellent interpersonal, written, and verbal communication skills
- Willingness and ability to learn Property & Casualty Insurance
- Starts
- 2026-10-01