What are the responsibilities and job description for the Actuarial Internship position at Richmond National?
Job Title: Actuarial Intern
Location: On-site at Glen Allen, VA office
Duration: 10-week paid summer internship
Company Overview
Richmond National is a specialty property & casualty insurance company focused on providing insurance to small and mid-size businesses that are unable to find coverage in the standard insurance market.
We operate exclusively within the excess & surplus lines market, which provides our underwriters flexibility to develop highly tailored policies to best meet the insurance needs and risk management objectives of our customers.
Job Description
The Actuarial Intern will have the opportunity to gain hands-on experience applying actuarial concepts to real business problems, contributing to analyses that inform underwriting strategy, risk selection, and profitability.
This internship provides meaningful exposure to the actuarial function within a dynamic and growing specialty insurance company. A successful candidate will be detail-oriented, curious, and eager to apply analytical skills to solve real-world business problems.
Qualifications
RISE (Rising Insurance Start Executives) is a group dedicated to providing networking, resources, and support for early-career insurance professionals. The RISE Elite 50 Internships identifies and publishes a list of the 50 best internship programs in the Insurance Industry across the US.
Benefits Overview
Richmond National is an equal employment opportunity employer, the Company’s employment decisions and practices are not and will not be unlawfully influenced or affected by race, color, creed, age, religion, national origin, sex, disability, genetic information, veteran status, uniformed services, sexual orientation (including transgender status, gender identity or expression), gender, traits historically associated with race, such as hairstyle, pregnancy, childbirth, or related medical conditions or on any other characteristic protected by applicable federal, state, or local law. This policy of equal employment opportunity applies to all policies and procedures relating to recruitment and hiring, compensation, benefits, and all other terms and conditions of employment.
Location: On-site at Glen Allen, VA office
Duration: 10-week paid summer internship
Company Overview
Richmond National is a specialty property & casualty insurance company focused on providing insurance to small and mid-size businesses that are unable to find coverage in the standard insurance market.
We operate exclusively within the excess & surplus lines market, which provides our underwriters flexibility to develop highly tailored policies to best meet the insurance needs and risk management objectives of our customers.
Job Description
The Actuarial Intern will have the opportunity to gain hands-on experience applying actuarial concepts to real business problems, contributing to analyses that inform underwriting strategy, risk selection, and profitability.
This internship provides meaningful exposure to the actuarial function within a dynamic and growing specialty insurance company. A successful candidate will be detail-oriented, curious, and eager to apply analytical skills to solve real-world business problems.
Qualifications
- Pursuing a bachelor’s degree in Actuarial Science, Mathematics, Statistics, Data Analytics, Information Systems, or a related quantitative field.
- Completion of at least one actuarial exam.
- Strong analytical, mathematical, and problem-solving skills.
- Proficiency with Excel; experience with programming or statistical tools (e.g., SQL, R, Python) is a plus.
- Excellent written and verbal communication skills.
- Ability to work both independently and in a collaborative team environment.
RISE (Rising Insurance Start Executives) is a group dedicated to providing networking, resources, and support for early-career insurance professionals. The RISE Elite 50 Internships identifies and publishes a list of the 50 best internship programs in the Insurance Industry across the US.
Benefits Overview
- Medical, Dental, and Vision insurance plans. FSA/HSA plans available.
- Basic Life/AD&D/Short Term/Long Term Disability coverage.
- 401(k) - Company match of up to 6%
- Flexible PTO plan, 11 paid company-wide holidays, plus your birthday off.
- Recognized as a Top Workplace by Richmond Times-Dispatch
Richmond National is an equal employment opportunity employer, the Company’s employment decisions and practices are not and will not be unlawfully influenced or affected by race, color, creed, age, religion, national origin, sex, disability, genetic information, veteran status, uniformed services, sexual orientation (including transgender status, gender identity or expression), gender, traits historically associated with race, such as hairstyle, pregnancy, childbirth, or related medical conditions or on any other characteristic protected by applicable federal, state, or local law. This policy of equal employment opportunity applies to all policies and procedures relating to recruitment and hiring, compensation, benefits, and all other terms and conditions of employment.
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