Ashley Abadiotakis
Actuarial Science Summer 2018
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Role
Group and Voluntary Benefits Intern
Location
Bridgewater, New Jersey
Please list your major(s) and minor(s).
AS
Provide a general description of the work at your internship.
I changed compression by year and age banding in response to a model validation report that expressed concerns about the effect of compression on the model, ran valuations in Healthmaster polysystems, and changed expense rates until the output reached a desired reserve calculation updated and created Excel files that clearly laid out each policy name with corresponding reserve assumptions.
Did you have a mentor?
Yes
If so, how did he/she help you during your internship?
They had lunch with me and answered any questions that I had
Did you feel your RMI/AS classes better prepared you for the internship?
Yes, they gave me general knowledge of products that I was working with
Interviewing/Hiring Process Comments:
Pretty late in the game, interview in late December, offer in January
Were you assigned any special projects? If so please describe.
I was tasked with creating excel files that essentially listed each product we had in LTC, IDI, and LTD and the corresponding assumptions that were used to calculate reserves.
What were the supplemental benefits besides the pay?
We had lunch with the CFO, workshops twice a week, a student welcoming committee, and a happy hour.
Describe the company's internship program.
The atmosphere was very friendly and inviting. There were always people around to answer questions. My work load was lighter but other interns were busier throughout the summer depending on your manager. There was not housing. There were some social activities like walks around the building, ice cream events, lunches with various parties, happy hours, and team picnics.
Was the internship what you expected after the interviewing/hiring process?
Yes, my interview process was friendly and not intimidating and the internship lived up to any expectations I had on how welcoming and helpful everyone was.
Were you provided time off besides the weekend?
No
Group and Voluntary Benefits Intern
Location
Bridgewater, New Jersey
Please list your major(s) and minor(s).
AS
Provide a general description of the work at your internship.
I changed compression by year and age banding in response to a model validation report that expressed concerns about the effect of compression on the model, ran valuations in Healthmaster polysystems, and changed expense rates until the output reached a desired reserve calculation updated and created Excel files that clearly laid out each policy name with corresponding reserve assumptions.
Did you have a mentor?
Yes
If so, how did he/she help you during your internship?
They had lunch with me and answered any questions that I had
Did you feel your RMI/AS classes better prepared you for the internship?
Yes, they gave me general knowledge of products that I was working with
Interviewing/Hiring Process Comments:
Pretty late in the game, interview in late December, offer in January
Were you assigned any special projects? If so please describe.
I was tasked with creating excel files that essentially listed each product we had in LTC, IDI, and LTD and the corresponding assumptions that were used to calculate reserves.
What were the supplemental benefits besides the pay?
We had lunch with the CFO, workshops twice a week, a student welcoming committee, and a happy hour.
Describe the company's internship program.
The atmosphere was very friendly and inviting. There were always people around to answer questions. My work load was lighter but other interns were busier throughout the summer depending on your manager. There was not housing. There were some social activities like walks around the building, ice cream events, lunches with various parties, happy hours, and team picnics.
Was the internship what you expected after the interviewing/hiring process?
Yes, my interview process was friendly and not intimidating and the internship lived up to any expectations I had on how welcoming and helpful everyone was.
Were you provided time off besides the weekend?
No
Christopher Filips
Actuarial Science Summer 2018
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What was your role?
Global Actuarial Modeling Intern
Location
Wilmington, Delaware
Provide a general description of the work at your internship.
I completed new projection model comparisons based on manual calculations and former models, composed a memorandum documenting the model testing process and reported findings, and developed automated worksheets to replicate modeling software calculations and results.
Did you have a mentor?
No
Did you feel your RMI/AS classes better prepared you for the internship?
Yes, especially Theory of Interest
Interviewing/Hiring Process Comments:
There was a phone interview, on site interview, and a quick video interview the day the offer was given.
Were you assigned any special projects? If so please describe.
I worked on new model integration for two international lines of business.
What were the supplemental benefits besides the pay? (Internship Lunches, Housing, Sports Games, Happy Hours, etc.)
There were a few happy hours.
Describe the company's internship program (atmosphere, work load, work, housing, outside work activities, etc.).
There were two meetings per week for interns to learn more. Also, I was paired with a director and given exposure to senior level management.
Was the internship what you expected after the interviewing/hiring process?
Yes!
Were you provided time off besides the weekend?
No -- we left early for memorial day and the fourth of July though!
Global Actuarial Modeling Intern
Location
Wilmington, Delaware
Provide a general description of the work at your internship.
I completed new projection model comparisons based on manual calculations and former models, composed a memorandum documenting the model testing process and reported findings, and developed automated worksheets to replicate modeling software calculations and results.
Did you have a mentor?
No
Did you feel your RMI/AS classes better prepared you for the internship?
Yes, especially Theory of Interest
Interviewing/Hiring Process Comments:
There was a phone interview, on site interview, and a quick video interview the day the offer was given.
Were you assigned any special projects? If so please describe.
I worked on new model integration for two international lines of business.
What were the supplemental benefits besides the pay? (Internship Lunches, Housing, Sports Games, Happy Hours, etc.)
There were a few happy hours.
Describe the company's internship program (atmosphere, work load, work, housing, outside work activities, etc.).
There were two meetings per week for interns to learn more. Also, I was paired with a director and given exposure to senior level management.
Was the internship what you expected after the interviewing/hiring process?
Yes!
Were you provided time off besides the weekend?
No -- we left early for memorial day and the fourth of July though!
Lussine Oganyan
Summer 2018 Actuarial Science
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Role
Actuarial Intern
Location
Wilmington, DE
When did you work there?
Summer 2018
Please list your major(s) and minor(s).
Actuarial Science
Provide a general description of the work at your internship.
During my internship I worked in a Quality Assurance team where my objective was to test and validate new models created by the developers. I learned how to use Prophet software. I replicated Prophet results using Excel and checked if there were coding issues. All the issues and findings I reported to upper management in a Memorandum.
Did you have a mentor?
No
Did you feel your RMI/AS classes better prepared you for the internship?
Yes, Theory of Interest class
Interviewing/Hiring Process Comments:
I had one interview at GIS's Career Fair, and then I had an on-site interview. Got a job offer in January
Were you assigned any special projects?
I worked on 3 new model integration projects
What were the supplemental benefits besides the pay?
We had couple Happy Hours. Also, we had a tour at MetLife stadium
Describe the company's internship program.
Very good working atmosphere, nice people.
Was the internship what you expected after the interviewing/hiring process?
Yes
Were you provided time off besides the weekend?
No
Actuarial Intern
Location
Wilmington, DE
When did you work there?
Summer 2018
Please list your major(s) and minor(s).
Actuarial Science
Provide a general description of the work at your internship.
During my internship I worked in a Quality Assurance team where my objective was to test and validate new models created by the developers. I learned how to use Prophet software. I replicated Prophet results using Excel and checked if there were coding issues. All the issues and findings I reported to upper management in a Memorandum.
Did you have a mentor?
No
Did you feel your RMI/AS classes better prepared you for the internship?
Yes, Theory of Interest class
Interviewing/Hiring Process Comments:
I had one interview at GIS's Career Fair, and then I had an on-site interview. Got a job offer in January
Were you assigned any special projects?
I worked on 3 new model integration projects
What were the supplemental benefits besides the pay?
We had couple Happy Hours. Also, we had a tour at MetLife stadium
Describe the company's internship program.
Very good working atmosphere, nice people.
Was the internship what you expected after the interviewing/hiring process?
Yes
Were you provided time off besides the weekend?
No
Xiongyi (Johnny) Zheng
Actuarial Science Spring 2017
|
Provide a General Description of the Internship. Include daily tasks completed, the company and its employees, and any other information.
My daily tasks include data quality assurance and model validation and the standard work hours are 40 hours per week.
Did you have a mentor?
Yes
If so, how did he/she help you during your internship?
My mentor always showed me how to blend into the team in the business setting and taught me basics and techniques upon using Excel and other actuarial software and tools.
Did you feel your RMI/AS classes better prepared you for the internship?
Mostly yes, but I would have been better prepared if the program provided us some coding or programming courses.
Interviewing/Hiring Process Comments:
I was lucky to talk with the internship program director in ASNY career fair last year and later pass my first actuarial exam before my on-site interview. The hiring process took less than a week and further on-boarding documents are required for submission
Were you assigned any special projects? If so please describe.
The 3-month internship provided me with some great opportunities to be exposed to the life insurance industry, especially by learning actuarial tools and software and communicating with experienced actuarial professionals.
What were the supplemental benefits besides the pay? (Internship Lunches, Housing, Sports Games, Happy Hours, etc.)
There were happy hours when global leaders came to town, and fair-well dinners if employee's were leaving the company.
Describe the company's internship program(atmosphere, work load, work, housing, outside work activities, etc.).
The 3-month internship provided me with some great opportunities to be exposed to the life insurance industry, especially by learning actuarial tools and software and communicating with experienced actuarial professionals.
Was the internship what you expected after the interviewing/hiring process?
Yes
Were you provided time off besides the weekend?
Yes, I took one day off to take exam MFE
My daily tasks include data quality assurance and model validation and the standard work hours are 40 hours per week.
Did you have a mentor?
Yes
If so, how did he/she help you during your internship?
My mentor always showed me how to blend into the team in the business setting and taught me basics and techniques upon using Excel and other actuarial software and tools.
Did you feel your RMI/AS classes better prepared you for the internship?
Mostly yes, but I would have been better prepared if the program provided us some coding or programming courses.
Interviewing/Hiring Process Comments:
I was lucky to talk with the internship program director in ASNY career fair last year and later pass my first actuarial exam before my on-site interview. The hiring process took less than a week and further on-boarding documents are required for submission
Were you assigned any special projects? If so please describe.
The 3-month internship provided me with some great opportunities to be exposed to the life insurance industry, especially by learning actuarial tools and software and communicating with experienced actuarial professionals.
What were the supplemental benefits besides the pay? (Internship Lunches, Housing, Sports Games, Happy Hours, etc.)
There were happy hours when global leaders came to town, and fair-well dinners if employee's were leaving the company.
Describe the company's internship program(atmosphere, work load, work, housing, outside work activities, etc.).
The 3-month internship provided me with some great opportunities to be exposed to the life insurance industry, especially by learning actuarial tools and software and communicating with experienced actuarial professionals.
Was the internship what you expected after the interviewing/hiring process?
Yes
Were you provided time off besides the weekend?
Yes, I took one day off to take exam MFE