RLI's Risk Services department is currently recruiting actuarial students for two internships during the 2022 summer break. The position is based in our Peoria, IL home office. The hours will be full time (37.5 hrs/week) and flexible based on the student's schedule.

Position Purpose

This role will primarily work with RLI's pricing and reserving actuaries and gain hands-on experience with a variety of actuarial tasks including:

• Development and testing of rating plans and systems

• Competitor rating analysis

• Assessing the accuracy of various methods for projecting future loss development

• Other analytical projects such as rate change measurement, loss ratio forecasts or assisting with reserve adequacy analyses

Principal Duties & Responsibilities

• Required completion of at least one exam administered by the Casualty Actuarial Society or the Society of Actuaries.

• Analytical thinking and problem solving. Self-motivated.

• Excellent communication skills and ability to work in a team.

• Experience in MS Excel.

• Demonstrated success in a classroom setting with a natural curiosity and desire to learn.

Education & Experience

• Actuarial Science, Mathematics/Statistics, Insurance or another technical field of study.

Knowledge, Skills, & Competencies

• Ability to analyze and resolve basic issues.

• Ability to clearly and effectively communicate with others.