Company: The Travelers

Location: Toronto, ON

Expected salary:

Job date: Wed, 16 Apr 2025 04:25:09 GMT

Job description: Who Are We?Solid reputation, passionate people and endless opportunities. That’s Travelers. Our superior financial strength and consistent record of strong operating returns mean security for our customers – and opportunities for our employees. You will find Travelers to be full of energy and a workplace in which you truly can make a difference.Job Category ActuarialTarget Openings 1What Is the Opportunity? Job Description Summary
The Actuary Internship Program provides qualified students with an excellent opportunity to gain first-hand experience, receive valuable on-the-job training and learn more about the property & casualty insurance industry.This role is an exciting opportunity to work with one of the largest employers of P&C actuaries in North America. As an Actuarial Assistant, the successful candidate will be offered an opportunity to gain relevant property and casualty insurance and business experience in personal and/or commercial lines while working in a dynamic, team-focused environment.Solid reputation, passionate people and endless opportunities. That’s Travelers. Our superior financial strength and consistent record of strong operating returns mean security for our customers – and opportunities for our employees. You will find Travelers to be full of energy and a workplace in which you truly can make a difference.Job DescriptionAs a member of the Actuarial Department, the candidate will act as an effective contributor to their team, and will interact with insurance professionals from underwriting, claims, finance and information systems as necessary.Candidates may be required to work for other teams on an ad-hoc basis however. The candidate will be responsible for a range of projects and tasks which will involve interaction with many areas of the business.Each intern will be expected to complete challenging and meaningful project work over the course of this program. In addition, there are core assignments and a designated coach to further develop interns’ insurance knowledge.Duties may include:
– Data preparation, validation, reconciliation and analysis of premium, claims and other data
– Using software such as SAS, MS Access and Excel to produce analyses
– Communicating results with finance and/or the business and securing their buy in
– Managing multiple projects simultaneously
– Developing product knowledge
– Analyzing and assisting with property and auto rate level indications
– Testing of new rate systems
– Working with actuarial colleagues from other business areas
– Participating in rate filing preparations
– Supporting implementation of rate changes, product enhancements and testing controlsEducation, Work Experience & Knowledge :Because the Actuary Internship Program itself is complex and dynamic, we welcome applicants that have a variety of majors, backgrounds and experiences.For this internship opportunity, we are most interested in students who are serious about entering the insurance industry and who are excited about the prospect of making underwriting their future career choice.Preferred cumulative GPA of 3.0 or above. Undergraduate students completing their penultimate year is preferred.Employment PracticesTravelers is an equal opportunity employer. We value the unique abilities and talents each individual brings to our organization and recognize that we benefit in numerous ways from our differences.We are committed to providing accommodation to persons with disabilities. If you require accommodation during the recruitment or interview process we will work with you to accommodate your needs.If you are a candidate and have specific questions regarding the physical requirements of this role, please send us an so we may assist you.Travelers reserves the right to fill this position at a level above or below the level included in this posting.To learn more about our comprehensive benefit programs please visit .