Who We Are: NFP, an Aon Company, is a multi-year Best Places to Work award winner in Business Insurance who has also earned the 5-Star Diversity, Equity and Inclusion (DEI) award from Insurance Business magazine and the WORK180 employer endorsement. We are an organization of consultative advisors and problem solvers. We help companies and individuals around the globe address their most significant risk, workforce, wealth management and retirement challenges through custom solutions and a people-first approach. To learn more, please visit:
Summary : This summer internship offers hands-on experience working with real insurance data and analytics projects as part of NFP's Property & Casualty Actuarial team. You'll work with experienced analysts and actuaries to analyze large datasets, build models and dashboards, automate workflows and translate data into actionable insights used by underwriters, leadership and clients. Tasks and projects in the past have included:
- Build a monte carlo claim simulation in R
- Create a dashboard displaying loss development triangles from a SQL database
- Make process enhancements to actuarial pricing and reserving excel workbooks.
The intern will have the opportunity to attend regular meetings with the Property and Casualty team as well as staff meetings and training with interns from other departments.
Essential Duties and Responsibilities: To perform this job successfully, individual must be able to perform the following essential duties satisfactorily:
- Assist in collecting, cleaning, and analyzing data using Excel, R, Python, SQL and Power BI
- Support the development of analytical tools, reports, and dashboards
- Automate recurring data and reporting processes
- Assist with statistical analysis and modeling
- Validate data, review results, and help ensure outputs are accurate and well-documented
- Collaborate with your manager and co-interns to brainstorm ideas, solve problems, and achieve project goals.
Knowledge, Skills and/or Abilities: - Working knowledge of Excel and at least one scripting language (R, Python, SQL)
- Ability to work with large datasets and strong attention to detail
- Comfort learning new tools and concepts in a fast-paced environment
- Ability to manage tasks independently while working as part of a team
- Strong written and verbal communication skills
Education and/or Experience: - Pursuit of a degree in a quantitative field such as Actuarial Science, Mathematics, Data Science or related discipline
- Prior coursework, projects or internships involving data analysis and/or modeling
- Initiation in the Casualty Actuarial Society exams a plus
- Insurance knowledge or experience a plus
What We Offer: We're proud to offer a competitive salary, PTO & paid holidays, 401(k) with match, exclusive discount programs, health & wellness programs, and more. Our PeopleFirst culture focuses on building and nurturing lifelong relationships with our employees because, at the end of the day, we exist to be there for others. The base salary range for this position is $20.00 - $30.00. The base salary offered will be determined by factors including, but not limited to, experience, credentials, education, certifications, skill level required for the position, the scope of the position, and geographic location. Actual base salary offered will be determined on a case-by-case basis. In addition to the base salary, this position may be eligible for performance-based incentives.
NFP and You... Better together! NFP is an inclusive Equal Employment Opportunity employer.
Equal Opportunity Employer
This employer is required to notify all applicants of their rights pursuant to federal employment laws.
For further information, please review the Know Your Rights notice from the Department of Labor.
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