Erie Insurance is seeking a Data Science Intern to work with experienced departmental staff to conduct actuarial studies for auto, property, and commercial lines of business, and to support the work of actuarial analysts while learning the actuarial analyst job function.
Requirements
- Pursuit of bachelor's degree with completion of sophomore year majoring in Actuarial Science, Mathematics, Statistics, Econometrics or related field required.
- Proficiency in probability and statistics as demonstrated by passing the first actuarial exam preferred.
- Basic knowledge of word processing, spreadsheet, presentation and data base software preferred
- Proficiency in SAS and Visual Basic preferred
- Knowledge of data sources and spreadsheets
- Ability to extract data to spreadsheet format
- Ability to review data for reasonableness and accuracy
Responsibilities
- Works with experienced departmental staff to learn actuarial techniques, data sources, and spreadsheets to conduct reviews of rating factors.
- Assists in conducting detailed analysis of The ERIE's insurance programs, profitability, rating factors, reserve studies, dynamic financial analysis, and experience exhibits.
- Creates exhibits, reports, and charts for actuarial and reserve studies, state insurance department filings, and rate recommendations.
- Develops a basic knowledge of ratemaking procedures used by The ERIE, competitors, and rate bureaus.
- Writes programs in SAS and Visual Basic to extract data to spreadsheet format.
- Reviews data for reasonableness and accuracy.
- Gathers ERIE and Industry information in response to requests.
Other
- Minimum cumulative grade point average of 3.0 required
- High school diploma or GED required
- Values Diversity
- Nimble Learning
- Self-Development
- Collaborates
- Customer Focus
