Actuarial Internship (Master's level)

Build your future with us  

The Cincinnati Insurance Companies’ Pricing & Predictive Analytics and Corporate Actuarial departments are currently seeking graduate-level Actuarial Intern(s). This role is intended for students who have earned a bachelor’s degree and are currently enrolled in a master’s program.  Our successful candidates will want to gain a meaningful work experience with us for Summer 2025 at our corporate headquarters located in Fairfield, OH.  We are looking for a highly talented graduate students who are interested in learning new things and can contribute to a dynamic and broadly skilled modeling/actuarial department.  This is an opportunity to work with experienced professionals, to learn about the property/casualty actuarial profession, and to build connections that may lead to future job prospects.

Make a difference with a career in insurance

At The Cincinnati Insurance Companies, we put people first and apply the Golden Rule to our daily operations. To put this into action, we’re looking for extraordinary people to join our talented team. Our service-oriented, ethical, knowledgeable, caring associates are the heart of our vision to be the best company serving independent agents. We help protect families and businesses as they work to prevent or recover from a loss. Share your talents to help us reach for continued success as we bring value to the communities we serve and demonstrate that Actions Speak Louder in Person®. 

If you’re ready to build productive relationships, collaborate within a diverse team, embrace challenges, and develop your skills, then Cincinnati may be the place for you. We offer career opportunities where you can contribute and grow. 

Please attach a copy of your college transcript(s) with application.

Unofficial transcripts accepted.

Starting Pay: Begins at $25 per hour and is based on the applicant’s education, experience, completed exams, knowledge, skills, and abilities.  Interns for this role may be eligible for housing assistance, based on approved criteria. 

Candidates should have the ability to work in the United States for an unlimited amount of time.   Our company is currently not hiring interns for this role if they will need sponsorship in the future.

Be equipped with/to: 

•         assist with the development and maintenance of multivariate pricing and    underwriting models for personal and business insurance
•         assist with the development and maintenance of claims analytic models
•         conduct research and development leading to potentially useful predictive models in the future
•         assess model performance and recommending/implementing improvements
•         assist with model deployment and delivery of results
•         interact with actuaries and company management
•         interact with several departments within the company, including Commercial Lines, Personal Lines, Claims, and IT

Requirements:

•        enrolled in a master’s program in a quantitative field of study at an accredited college/university
•        have earned a bachelor’s degree in mathematics, statistics, economics, physics, engineering, actuarial science, or other related   quantitative field of study
•        collegiate transcripts required with submission of candidate profile (unofficial are acceptable)
•        preferred candidates will have passed at least one actuarial exam (P&C)
•        in good academic standing (cumulative GPA: 3.0 or higher preferred)
•        must be able to work up to 35+ hours per week
•        experience with Excel
•        some experience with Python, R, and/or SAS
•        strong work ethic and commitment to learning new things
•        strong communication, interpersonal, and organizational skills
•        proficient in Microsoft® Office tools and related software

Enhance your talents 

Providing outstanding service and developing strong relationships with our independent agents are hallmarks of our company. Whether you have experience from another carrier or you’re new to the insurance industry, we promote a lifelong learning approach. Cincinnati provides you with the tools and training to be successful and to become a trusted, respected insurance professional – all while enjoying a meaningful career. 

Embrace a diverse team 

As a relationship-based organization, we welcome and value a diverse workforce. We grant equal employment opportunity to all qualified persons without regard to race; creed; color; sex, including sexual orientation, gender identity and transgender status; religion; national origin; age; disability; military service; veteran status; pregnancy; AIDS/HIV or genetic information; or any other basis prohibited by law. All job applicants have rights under Federal Employment Laws. Please review this information to learn more about those rights.