Tricia DeCesare
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Role
Accident & Health Underwriting Intern
Location
Philadelphia, PA
When did you work there?
Summer 2019
Please list your major(s) and minor(s).
Major: Risk Management & Insurance; Minor: Marketing
Provide a general description of the work at your internship.
I would assist in a variety of different tasks throughout the summer. I utilized a system called Tracker to update any financial discrepancies. Additionally, I created quotes using a system called "UWriter" in order to streamline the sales process. Throughout the summer, I worked on an intern project where I researched the most/least profitable SIC/industries for A&H, made recommendations for improvement, suggested cross-sell opportunities, and created sample underwriting quotes.
Did you feel your RMI/AS classes better prepared you for the internship?
I feel that I was better prepared for my internship because of the RMI classes I had took prior to beginning. I understood the terminology and processes that my co-workers were using. Because of this, I was able to participate more in discussion and suggest new ideas.
Interviewing/Hiring Process Comments:
Applied/Interviewed/Accepted in December 2018; I did not attend the intern reception
Were you assigned any special projects? If so please describe.
I had a summer long internship project that I worked on. The project was to research the most and least profitable industries for the A&H department as categorized by SIC. From this research, I compiled a list of companies that A&H currently doesn't write within the profitable industries and prepared a cross-sell opportunity for them. Additionally, I came up with a list of industries and companies that are the least profitable for the A&H department and suggested ways to improve the profitability.
What were the supplemental benefits besides the pay?
Professional Development Event, Weekly lunches with managers/co-workers, Happy hours
Describe the company's internship program.
Everyone at Chubb was extremely friendly, welcoming, and willing to help the interns learn. The work load was a bit light, but definitely included some interesting projects and activities. The program had several professional development workshops for the interns, allowing us to improve our communication, networking, and interviewing skills. My department was very social, coordinating several lunches and happy hours.
Was the internship what you expected after the interviewing/hiring process?
The internship was what I expected from the interviewing and hiring process. My manager explained the department and the responsibilities during my interview.
Were you provided time off besides the weekend?
No PTO, but managers were flexible in allowing interns to take days off if needed
Accident & Health Underwriting Intern
Location
Philadelphia, PA
When did you work there?
Summer 2019
Please list your major(s) and minor(s).
Major: Risk Management & Insurance; Minor: Marketing
Provide a general description of the work at your internship.
I would assist in a variety of different tasks throughout the summer. I utilized a system called Tracker to update any financial discrepancies. Additionally, I created quotes using a system called "UWriter" in order to streamline the sales process. Throughout the summer, I worked on an intern project where I researched the most/least profitable SIC/industries for A&H, made recommendations for improvement, suggested cross-sell opportunities, and created sample underwriting quotes.
Did you feel your RMI/AS classes better prepared you for the internship?
I feel that I was better prepared for my internship because of the RMI classes I had took prior to beginning. I understood the terminology and processes that my co-workers were using. Because of this, I was able to participate more in discussion and suggest new ideas.
Interviewing/Hiring Process Comments:
Applied/Interviewed/Accepted in December 2018; I did not attend the intern reception
Were you assigned any special projects? If so please describe.
I had a summer long internship project that I worked on. The project was to research the most and least profitable industries for the A&H department as categorized by SIC. From this research, I compiled a list of companies that A&H currently doesn't write within the profitable industries and prepared a cross-sell opportunity for them. Additionally, I came up with a list of industries and companies that are the least profitable for the A&H department and suggested ways to improve the profitability.
What were the supplemental benefits besides the pay?
Professional Development Event, Weekly lunches with managers/co-workers, Happy hours
Describe the company's internship program.
Everyone at Chubb was extremely friendly, welcoming, and willing to help the interns learn. The work load was a bit light, but definitely included some interesting projects and activities. The program had several professional development workshops for the interns, allowing us to improve our communication, networking, and interviewing skills. My department was very social, coordinating several lunches and happy hours.
Was the internship what you expected after the interviewing/hiring process?
The internship was what I expected from the interviewing and hiring process. My manager explained the department and the responsibilities during my interview.
Were you provided time off besides the weekend?
No PTO, but managers were flexible in allowing interns to take days off if needed
Kylie Persons
Actuarial Science Summer 2019
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Role
Actuarial Intern
Location
Philadelphia
When did you work there?
Summer 2019
Please list your major(s) and minor(s).
Actuarial Science Provide a general description of the work at your internship. I worked in the Reserving department, mainly testing the application of a new reserving software.
Did you have a mentor?
No
Did you feel your RMI/AS classes better prepared you for the internship?
Yes, I came in with knowledge of various reserving techniques that I used day to day as a result of the P&C capstone course. Interviewing/Hiring Process Comments: 6 30-minute interviews on-site. Received offer in mid-October, though the process was expedited due to other offers.
Were you assigned any special projects? If so please describe.
I was assigned a project by the head of North American Reserving, analyzing the actual reported losses of 5000 large claims in comparison to the initial projected ultimate. This information was reported to external auditors.
What were the supplemental benefits besides the pay?
1 intern lunch, several lunch and learns
Describe the company's internship program.
Moderate work load. Laid back environment. Minimal outside work activities.
Was the internship what you expected after the interviewing/hiring process?
Yes
Were you provided time off besides the weekend?
Unpaid time off for July 4th and 5th
Actuarial Intern
Location
Philadelphia
When did you work there?
Summer 2019
Please list your major(s) and minor(s).
Actuarial Science Provide a general description of the work at your internship. I worked in the Reserving department, mainly testing the application of a new reserving software.
Did you have a mentor?
No
Did you feel your RMI/AS classes better prepared you for the internship?
Yes, I came in with knowledge of various reserving techniques that I used day to day as a result of the P&C capstone course. Interviewing/Hiring Process Comments: 6 30-minute interviews on-site. Received offer in mid-October, though the process was expedited due to other offers.
Were you assigned any special projects? If so please describe.
I was assigned a project by the head of North American Reserving, analyzing the actual reported losses of 5000 large claims in comparison to the initial projected ultimate. This information was reported to external auditors.
What were the supplemental benefits besides the pay?
1 intern lunch, several lunch and learns
Describe the company's internship program.
Moderate work load. Laid back environment. Minimal outside work activities.
Was the internship what you expected after the interviewing/hiring process?
Yes
Were you provided time off besides the weekend?
Unpaid time off for July 4th and 5th
Brian Zimmie
Actuarial Science Summer 2019
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Role
Actuarial Intern
Location
Philadelphia, PA
When did you work there?
Summer 2019
Please list your major(s) and minor(s).
Major: Actuarial Science
Provide a general description of the work at your internship.
I would check in with my manager at the beginning of each day and as needed throughout the day as I worked on my main project or helped on other projects as needed by my team.
Did you feel your RMI/AS classes better prepared you for the internship?
Yes, I worked with the Global Underwriting team so my Intro to Risk Management class helped me better understand how the Underwriting team operated.
Interviewing/Hiring Process Comments:
Phone interview in late October, six in person interviews in early November, offer received and accepted in early December.
Were you assigned any special projects? If so please describe
Yes, my project was building an expense model for global property programs.
What were the supplemental benefits besides the pay?
We had several professionalism workshops, an Actuarial Lunch and Learn, and an Actuarial Department Happy Hour.
Describe the company's internship program.
The Actuarial Internship program allowed me to gain real experience on meaningful work and be exposed to different areas of business. I was given direction to work and encouraged to check in when necessary.
Was the internship what you expected after the interviewing/hiring process?
Yes, I had a great experience!
Were you provided time off besides the weekend?
Yes, I was provided unpaid time off for July 4th and July 5th.
Actuarial Intern
Location
Philadelphia, PA
When did you work there?
Summer 2019
Please list your major(s) and minor(s).
Major: Actuarial Science
Provide a general description of the work at your internship.
I would check in with my manager at the beginning of each day and as needed throughout the day as I worked on my main project or helped on other projects as needed by my team.
Did you feel your RMI/AS classes better prepared you for the internship?
Yes, I worked with the Global Underwriting team so my Intro to Risk Management class helped me better understand how the Underwriting team operated.
Interviewing/Hiring Process Comments:
Phone interview in late October, six in person interviews in early November, offer received and accepted in early December.
Were you assigned any special projects? If so please describe
Yes, my project was building an expense model for global property programs.
What were the supplemental benefits besides the pay?
We had several professionalism workshops, an Actuarial Lunch and Learn, and an Actuarial Department Happy Hour.
Describe the company's internship program.
The Actuarial Internship program allowed me to gain real experience on meaningful work and be exposed to different areas of business. I was given direction to work and encouraged to check in when necessary.
Was the internship what you expected after the interviewing/hiring process?
Yes, I had a great experience!
Were you provided time off besides the weekend?
Yes, I was provided unpaid time off for July 4th and July 5th.
Daniel Sakhnovskiy
Actuarial Science Summer 2018
|
Role
Actuarial Intern
Location
Philadelphia
Please list your major(s) and minor(s).
Actuarial Science
Provide a general description of the work at your internship.
I worked in the Global Analytics department (also known as Predictive Modeling) at Chubb. The work done by this group is more like that of a data scientist rather than a traditional actuary. I primarily worked on the commercial auto side with some smaller projects in D&O.
Did you have a mentor?
No
Did you feel your RMI/AS classes better prepared you for the internship?
Knowing the fundamentals of statistics from classes definitely helped prepare me for my role. Since my role was close to data science, a lot of the skills I had to pick up on the job or through prior experiences outside of classes (Python, GLM modeling, regularization, machine learning, etc.).
Interviewing/Hiring Process Comments:
First I spoke briefly with a hiring manager at the career fair. A few weeks later, I had a 30 minute interview with an actuary who is in charge of early career and intern hiring. A few weeks after that, I was invited for on-site interviews at the Philadelphia office. I had 5 separate interviews with early career actuaries from various groups which lasted 30 minutes each. I received my offer soon after that.
Were you assigned any special projects?
The main project our auto team was working on involved developing a predictive model for auto loss frequency and severity. I also worked on my own project analyzing a potential variable to add in a D&O predictive model.
What were the supplemental benefits besides the pay?
There were some lunches with interns and the team that were provided. There was also an actuarial picnic which included food, transportation, and a day off. I was studying for an exam at the time so my manager allowed me to take some time during work to study if there was nothing else going on.
Describe the company's internship program.
The internship program at Chubb is early in it's development so there isn't anything formal to it. Interns are essentially treated like full time employees and work alongside employees. Depending on the group and manager, there may be specific projects given just for interns to work on.
Was the internship what you expected after the interviewing/hiring process?
It exceeded my expectations in terms of the work I was doing and how I was treated. I enjoyed being treated like a full time employee and given the responsibility of one. The work was technical and I found it interesting.
Were you provided time off besides the weekend?
July 4th
Actuarial Intern
Location
Philadelphia
Please list your major(s) and minor(s).
Actuarial Science
Provide a general description of the work at your internship.
I worked in the Global Analytics department (also known as Predictive Modeling) at Chubb. The work done by this group is more like that of a data scientist rather than a traditional actuary. I primarily worked on the commercial auto side with some smaller projects in D&O.
Did you have a mentor?
No
Did you feel your RMI/AS classes better prepared you for the internship?
Knowing the fundamentals of statistics from classes definitely helped prepare me for my role. Since my role was close to data science, a lot of the skills I had to pick up on the job or through prior experiences outside of classes (Python, GLM modeling, regularization, machine learning, etc.).
Interviewing/Hiring Process Comments:
First I spoke briefly with a hiring manager at the career fair. A few weeks later, I had a 30 minute interview with an actuary who is in charge of early career and intern hiring. A few weeks after that, I was invited for on-site interviews at the Philadelphia office. I had 5 separate interviews with early career actuaries from various groups which lasted 30 minutes each. I received my offer soon after that.
Were you assigned any special projects?
The main project our auto team was working on involved developing a predictive model for auto loss frequency and severity. I also worked on my own project analyzing a potential variable to add in a D&O predictive model.
What were the supplemental benefits besides the pay?
There were some lunches with interns and the team that were provided. There was also an actuarial picnic which included food, transportation, and a day off. I was studying for an exam at the time so my manager allowed me to take some time during work to study if there was nothing else going on.
Describe the company's internship program.
The internship program at Chubb is early in it's development so there isn't anything formal to it. Interns are essentially treated like full time employees and work alongside employees. Depending on the group and manager, there may be specific projects given just for interns to work on.
Was the internship what you expected after the interviewing/hiring process?
It exceeded my expectations in terms of the work I was doing and how I was treated. I enjoyed being treated like a full time employee and given the responsibility of one. The work was technical and I found it interesting.
Were you provided time off besides the weekend?
July 4th