Business Analytics Trainee

General Summary

The Associate Business Analyst functions as a trainee. The purpose of this role is to develop and grow the skills required with the Business Analytics Department by way of a formal training program. Associates in this position will learn the fundamentals of insurance, data analysis, and SAS. The position performs various activities to support the Business Analytics Department.

Essential Functions

• Learns actuarial and/or business analytics techniques and their applications.
• Develops, tests, and/or validates models that support experience analysis.
• Gathers and validates data to aid in the development of business models.
• Supports efforts in projecting financial results and sensitivity analysis.
• Summarizes and communicates results to technical and non-technical audiences.
• Attends training classes, seminars, and other educational events.
• Attends monthly and quarterly meetings.
• Performs other duties as assigned.

Working Conditions

• Normal office working conditions.
• Sitting for extended periods of time.
• Occasional lifting and carrying heavy file boxes.
• Frequent use of computer which is associated with eye strain and fatigue.

Qualifications

Skills and Abilities

• Ability to work on and complete projects in a team-oriented environment.
• Effective verbal and written communication skills.
• Strong problem-solving and analytical skills.

Education / Experience Requirements

• Possesses or in the process of obtaining a Bachelor’s degree in Actuarial Science, Math, Statistics, Risk Management Programming, or a related field.
• Experience working with and proficiency in using spreadsheet software.
• Individuals intending to transition into an actuarial position are expected to show clear progress toward obtaining Associateship with the Casualty Actuarial Society.

Supervision Received

• Frequent supervision and feedback associated with trainee development.

Supervision Exercised

• None

• Internship

• Full-time

• Research, Analyst, and Information Technology

• Insurance