Marsh McLennan Agency · 1 day ago
Actuarial Intern
Conshohocken, PA
Internship
Onsite
Intern
$25/hr - $25/hrMarsh McLennan Agency's East Region is a leader in the employee benefits marketplace, and they are seeking an Actuarial Intern to support their Actuarial Team. The role involves assisting with various actuarial functions, including IBNR reserving, pricing models, and data analysis.
Employee BenefitsHealth CareInsuranceRetirement
Responsibilities
Support the Actuarial Services team in core, day-to-day actuarial functions
Assist in preparing data for the estimation of Incurred But Not Reported (IBNR) reserves
Support the development of pricing models, carrier discount models and risk management strategies
Demonstrate strong attention to detail in collecting and organizing data
Assist in the preparation of actuarial reports and presentations
Perform basic statistical analyses and calculations under supervision
Utilize strong analytical and critical thinking skills in handling complex tasks
Demonstrate initiative and problem-solving skills in handling special projects as assigned
Participate in team and company meetings, including professional development sessions
Qualification
Required
Working knowledge of MS Excel is required (ability to use pivot tables, intermediate formulas, lookups)
Effective analytical, math and problem-solving skills, sound judgment, strong decision making ability, confidence to make difficult decisions and excellent communication skills
Strong organizational and analytical skills
Excellent attention to detail
Excellent troubleshooting, decision making and problem solving skills
Must have strong negotiation and persuasion skills
Must be a goal oriented self-starter
Solid interpersonal, verbal and written communication skills
Ability to work well independently and as a team member
Ability to multitask and successfully operate in a fast-paced work environment
Ability to prioritize projects and meet deadlines
Ability to follow through on and successfully execute tasks while adhering to specified quality standards
Demonstrated ability to provide superior customer service and maintain positive relationships with client contacts
Proficiency in Microsoft Office Suite, including MS Word (intermediate) and Excel (intermediate)
Proficiency in use of PC such as keyboard skills and electronic folder/file organization and management
Aptitude for learning internal systems, applications and internal workflow of the department
Must be able to effectively interact and deal with people at all levels inside and outside of the company
Preferred
Working towards a Bachelor's Degree in Actuarial Sciences strongly preferred
1-2 actuarial exams completed on SOA track strongly preferred
Prior relevant internship experience in the Benefits Brokerage, Consulting, or Insurance industry is preferred
Company
Marsh McLennan Agency
Marsh McLennan is an insurance company that provides business insurance, employee benefits, and private client insurance solutions. It is a sub-organization of Marsh & McLennan.
Founded in 2003
10001+ employees
Funding
Current Stage
Late StageLeadership Team
Ben Newman
Chief Financial Officer
Michael Harris
COO
Recent News
Business Wire
2026-02-02
2026-01-23
2025-12-09
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