Product Analysis Intern

Warrior InvictusBedford, Texas, IllinoisOn-siteInternshipListed 4 hours ago

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About this role

Warrior Insurance Network is looking for an eager, ambitious, and diligent intern to join its Product and Actuarial Analysis Department. This is a great opportunity for a college student or recent college graduate to gain true business experience in a hands-on working environment.

DUTIES & RESPONSIBILITIES:

Interns are introduced to insurance terminology and concepts, and gain exposure to a variety of product initiatives. Specific duties may include the following:

- Plan, implement, manage, and/or contribute to projects up to moderate complexity

- Analyze competitor product rates, features, and contract languages

- Within department, assist in the creation of rate, rule, and form filings for submission to the Department of Insurance to satisfy state regulatory requirements

- Across all functional departments, assist in new product developments and existing product enhancements

- Conduct research and provide observations on target markets

- Responsible for special ad hoc projects, analysis, and reporting

- Participate in evaluation of internal/external processes and procedures

- Assist with basic compliance and regulation questions as needed

- Create and update monthly/quarterly reports

- Work with IT to implement basic system and web rate changes and enhancements

- Build strong relationships among team members, ensuring cooperation on project objectives

In this role, you will be involved primarily with Commercial lines of business.

QUALIFICATIONS:

Ideal candidates will fulfill the following requirements:

- Recently acquired or pursuing a bachelor's degree in Business Administration, Actuarial Science, Math/Statistics, Economics, Finance, or other related degree with a cumulative grade point average of 3.0 (out of 4.0) or better

- Excellent verbal and written communication skills

- Excellent quantitative, organizational, decision making, and problem-solving skills

- Proficiency in Microsoft Word and Excel

- Basic knowledge of insurance industry is a plus but not required

- Must be able to work in U.S. without sponsorship

- Internship is not eligible for university course credits

- Ability to work 40 hours per week

*This is a temporary seasonal position and is not benefit eligible.

Estimated Compensation Range: $16/hr-$23.75/hr*

*Published ranges are estimates. Offered compensation will be based on experience, skills, education, certifications, and geographic location.