About This Opportunity
Internship Programs in China: Actuarial Analyst Intern Position
Actuarial Analyst Intern Position
Actuarial Analyst Interns work in teams with other actuaries, catastrophe modellers and broking professionals to assist in the delivery of actuarial and financial modelling services to our clients. Each Actuarial Analyst Intern has the opportunity to participate in developing cutting-edge analyses, strategies and solutions addressing the wide range of risk financing issues facing our clients. All Actuarial Analyst
Interns deliver a final, end of summer presentation to peers, coaches and other colleagues.
Responsibilities
- Working with models that examine alternative forms of risk financing
- Assisting with the interpretation and analysis of client underwriting information
- Learning to use tools to price and evaluate reinsurance structures from an actuarial perspective
- Assisting in responding to client inquiries and concerns; resolving issues promptly
What We Look For
We seek creative and well-rounded self-starters who have both the qualitative and quantitative aptitude to excel in a challenging and highly competitive environment. Actuarial sciences, mathematics or statistics majors are preferred.
Requirements
- Progress towards a BA/BS degree, with a minimum GPA of 3.0 GPA out of 4.0
- Superior analytical, research and problem-solving skills
- Mathematical / financial aptitude
- Strong computer application skills, specifically Excel and Access
- Ability to multi-task and work effectively in a fast-paced team environment.
- Keen attention to detail
- Strong oral and written communications skills
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(3 votes, average: 4.00 out of 5, rated)
Mingjie Hao
School of Mathematics, Statistics and Actuarial Science
University of Kent, Canterbury, Kent
United Kingdom CT2 7FS
China Internship Placements
17th July 2017
Dear Sir or Madam,
I wish to apply for the position of Actuarial Analyst Intern. Please find enclosed my CV for your consideration.
As you can see from my attached CV, I have completed a PhD degree in Actuarial Science at University of Kent with the title: Insurance Loss Coverage under Restricted Risk Classification. Prior to this, I have also obtained a Distinction Master degree in Applied Actuarial Science and a First Class (Hons) Bachelor degree in Actuarial Science. I believe the knowledge and skills built up during this time make me the perfect candidate for the role.
The position particularly interests me because of my passion for actuarial risk management. As part of my research degree, using statistics software, I have systematically analysed insurance risks, in particular adverse selection as a result of using different risk factors in insurance underwriting. I have co-authored several papers on this topic and successfully presented my research outcomes at a number of international conferences attended by academics and audiences with different backgrounds. The skills I learned have given me an excellent foundation for building a career as an Actuary.
Aside from my degree, I have built upon my interest in this field in a number of ways. I have completed several internships in life insurance companies, national banks and international personal banks, which has allowed me to put my theory for the subject into practice. Aside from this, I have also participated and co-authored a research report for an insurance company on international personal wealth flows, which has given me a much more rounded view on writing financial report and risk analysis.
I am confident that I can bring this level of expertise with me to the client and help providing tailored services to the customers. Add to this my passion and enthusiasm for actuarial science, and I believe my contribution will have an immediate impact on the business.
Thank you for your time and consideration. I look forward to meeting with you to discuss my application further.
Yours sincerely,
Mingjie Hao
Do you offer internship training to international students?