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Actuarial Reserving Intern - Summer

Job in Chicago, Cook County, Illinois, 60290, USA
Listing for: Core Specialty
Full Time, Seasonal/Temporary, Apprenticeship/Internship position
Listed on 2026-09-20
Job specializations:
  • Insurance
    Actuary, Risk Manager/Analyst, Financial Analyst
  • Finance & Banking
    Actuary, Risk Manager/Analyst, Financial Analyst
Salary/Wage Range or Industry Benchmark: 34000 - 52000 USD Yearly USD 34000.00 52000.00 YEAR
Job Description & How to Apply Below
Position: Actuarial Reserving Intern - Summer 2027
## Actuarial Reserving Intern - Summer 2027

Apply:
Chicago, IL:
Full time:
Posted Today:
JR101547-Come grow with us!

At Core Specialty Insurance, we cultivate an environment where our interns grow as they exposed to meaningful, real-life work. At Core Specialty, you’re much more than a summer intern, you are valued member of our team!

Why Intern with Core Specialty?

Gain experience in a quickly growing environment! Where every day provides new and exciting opportunities!!
* 12-week summer program
* Very competitive intern pay!
* Exposure to senior level management and company executives
* Collaborative work environment with a relaxed company culture

Our values are the Core of everything we do:
* We have a “bring it on” attitude.
* We act quickly to make things happen. We empower and enable rapid decision making.
* We solve problems with expertise. We have an unmatched depth of knowledge and experience.
* We have high integrity, self-discipline and respect for others.

As a valued intern on our Actuarial Reserving team, you will be given real meaningful work as well as support and guidance from our actuaries as you continue on your exam path.
** Key Accountabilities/Deliverables:
*** Perform and prepare quarterly reserve reviews to support adequate and accurate reserves recorded
* Create and distribute Quarterly Reserve Report
* Create and distribute CAT reporting, including a process for tracking incurred claims against reserve indication on a monthly basis;
* Monitor loss emergence against plan assumptions and provide summaries to management
* Create and distribute Monthly AvE: CAT, Large Loss and Attritional;
* Develop and monitor monthly metrics to identify any trends in loss costs with a process oriented toward maintaining stable attritional LRs
** Technical Knowledge and Understanding:
*** Passed at least one Actuarial Exam strongly preferred
* Basic Excel experience
* Interest in insurance industry
* Knowledge of actuarial exam process
* Strong organization and communication skills
* The ability to learn, understand, and apply technical concepts
* Ownership of tasks
* Works within deadlines with guidance.
* Able to manage time and prioritize with guidance
* Adapts future behaviors based on prior mistakes
* Accepts and reacts positively to feedback
* Seeks out assistance as needed
*
* Experience:

*** Must be actively pursuing a Bachelor's or Master's degree in Actuarial Science, Mathematics, Statistics, Economics, or related field
* Demonstrate sufficient progress in understanding and applying basic actuarial principles is required
* Studying for CAS preliminary exams; may have 1-2 passed

Applicants must be authorized to work for any employer in the U.S. We are unable to sponsor or take over sponsorship of an employment Visa for this position.
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