Actuarial - Commercial Lines, Personal Lines, and Loss Reserving SummerInternships - Short Hills, NJ; Hybrid
Listed on 2026-10-10
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Insurance
Financial Analyst, Risk Manager/Analyst, Actuary
About Us
At Selective, we don't just insure uniquely, we employ uniqueness.
Selective is a midsized U.S. domestic property and casualty insurance company with a history of strong, consistent financial performance for nearly 100 years. Selective's unique position as both a leading insurance group and an employer of choice is recognized in a wide variety of awards and honors, including listing in Forbes Best Midsize Employers in 2025 and certification as a Great Place to Work in 2025 for the sixth consecutive year.
Employees are empowered and encouraged to Be Uniquely You by being their true, unique selves and contributing their diverse talents, experiences, and perspectives to our shared success. Together, we are a high-performing team working to serve our customers responsibly by helping to mitigate loss, keep them safe, and restore their lives and businesses after an insured loss occurs.
OverviewCalling all college students! Planning to intern during the summer of 2027? Kick-off your career at Selective Insurance by joining our award-winning Ignite Internship program at our corporate office in Short Hills, NJ.
The Ignite Internship Program is an 11-week, full-time experience that offers a sneak peek into the world of insurance. Level up your skills and knowledge by diving into your business area of choice.
Throughout the program, you'll get a feel for the corporate environment with on-the-job assignments, team projects, exposure to senior leadership & executives, and even a community volunteer day. All of this and more will help you build meaningful relationships throughout the organization.
So, what are you waiting for? Come and make summer 2027 one to remember with Selective!
The Actuarial Department is responsible for setting the company's rate and reserve levels to ensure appropriate pricing and adequate reserve levels are maintained. The department provides experience reports, underwriting tools, and strategic guidance, and we are responsible for the construction of predictive models related to pricing. As a summer intern, you will work directly with experienced actuaries to gain hands-on, relevant experience.
Responsibilities- Perform pricing and experience analyses.
- Prepare data and templates for quarterly loss and LAE reserve analyses.
- Prepare special reports, data compilations, analysis of company and industry experience, and other ad hoc analysis requests.
- Implement and suggest improvements and efficiencies to current processes.
- Develop a foundational knowledge of the functions performed by the Actuarial Department, and how the unit relates to other functional areas of the organization.
- Effective communication and interpersonal skills.
- Proficient with Microsoft Office, specifically Word and Excel.
- Experience with programming languages or statistical modeling packages (e.g., SQL, Access, R, Python, etc.) a plus.
- Be currently working towards an applicable degree or have relevant classroom experience, preferably majoring in Actuarial Science, STEM (Science, Technology, Engineering, Mathematics), or another analytical field.
- College credit can be earned depending on your institution's requirements.
- High School Diploma required. Ideal internship candidates will be full-time undergraduate college Juniors or Seniors, with the ability to perform at a professional level.
- Comprehensive health care plans
- Retirement savings plan with company match
- Discounted Employee Stock Purchase Program
- Tuition assistance and reimbursement programs
- Paid time off plans
Selective Insurance offers a total rewards package that includes a competitive base salary, incentive plan eligibility at all levels, and a wide array of benefits designed to help…
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