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MAPFRE

Intern, Actuary- Pricing (Summer 2025)

Intern, Actuary- Pricing (Summer 2025)

Job Details
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Uploaded On
September 21, 2024
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Location
Webster, United States
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Remote?
No
Company Overview
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Headquarters
Majadahonda, Spain
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Number of Employees
33730
Estimated Number of Actuaries
323
Salary
$
k-$
k
Glassdoor Ratings
""
Recommend to a Friend
37%
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Overall Score
3.1 / 5

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Position requires to be on-site in Webster, MA

MAPFRE Insurance is offering a unique opportunity to highly motivated college students who thrive in a team-oriented, fast-paced and enjoyable work environment. If you're ready to learn about the insurance industry and have a strong work ethic, this is a great way for you to start your career. As an intern at MAPFRE Insurance, you'll find yourself tackling real business projects that make an impact on our company. You will learn about departmental and corporate functions and have opportunities to network with other MAPFRE employees and interns in the program. Interns will also participate as a team in a Day of Caring community service project.

WHAT YOU NEED TO APPLY: • Ability to commit to a full time 10-week internship program • Ability to work in the U.S. without requiring sponsorship now or in the future • Candidate must be enrolled in an accredited college degree program • Must be able to provide own transportation

This is a 10-week summer internship from June 2, 2025 and ending August 8, 2025. Interns will typically work a 5-day workweek at 38.75 hours / week. Interns work with their department supervisor to determine weekly schedules. Interns must commit to the 10-week program for the summer and participate in planned training and activities.

Internship Position Description

The Actuarial Intern assists in developing actuarial analyses in accordance with CAS (Casualty Actuarial Society) principles. These analyses will contribute to the overall performance of the actuarial area. The Actuarial Analyst will learn how to make changes necessary to keep the analyses up-to-date and free of errors.

Department-specific responsibilities, project description, deliverables

Support pricing analyses for selected property and casualty insurance products offered by MAPFRE Insurance. Such analyses may include updating analyses relative to the pricing of new or revised coverages, and analyzing other changes in product pricing (class plans, amount of insurance relativity curves, etc).

  • Able to learn from errors and keep manager up to date with progress reports
  • Actively listens during trainings and asks "why" questions on a regular basis when learning new skills.
  • Perform other actuarial analyses on an ad-hoc basis, by reaching out to collaborate with peers during downtime.
  • Retrieve and manipulate basic data
  • Pursue exams on the CAS syllabus


College Level Preferred
  • Undergraduate (Rising Junior/Senior)
  • Graduate Student (Final Year)


Majors and/or Coursework Preferred
  • Actuarial Science, Statistics, Mathematics, Finance, Economics, Engineering


Preferred Qualifications
  • Microsoft Office Proficiency
  • Strong database skills
  • Solid written and verbal communication skills
  • Math aptitude
  • Analytical and problem-solving ability


Other
  • One+ Actuarial exams passed and actively pursuing CAS/SOA credentials
  • Demonstrated leadership, initiative, and critical thinking


If you require an accommodation for a disability so that you may participate in the selection process, you are encouraged to contact the MAPFRE Insurance Talent Acquisition team at talentacquisition@mapfreusa.com.

We are proud to be an equal opportunity employer.
Apply Now

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