Product Analysis Intern
Bedford Park, Illinois
Seasonal | $16 - $23.75 per hour

Warrior Insurance Network is looking for an eager, ambitious, and diligent intern to join its Product and Actuarial Analysis Department. This is a great opportunity for a college student or recent college graduate to gain true business experience in a hands-on working environment.


DUTIES & RESPONSIBILITIES:

Interns are introduced to insurance terminology and concepts, and gain exposure to a variety of product initiatives. Specific duties may include the following:

  • Plan, implement, manage, and/or contribute to projects up to moderate complexity
  • Analyze competitor product rates, features, and contract languages
  • Within department, assist in the creation of rate, rule, and form filings for submission to the Department of Insurance to satisfy state regulatory requirements
  • Across all functional departments, assist in new product developments and existing product enhancements
  • Conduct research and provide observations on target markets
  • Responsible for special ad hoc projects, analysis, and reporting
  • Participate in evaluation of internal/external processes and procedures
  • Assist with basic compliance and regulation questions as needed
  • Create and update monthly/quarterly reports
  • Work with IT to implement basic system and web rate changes and enhancements
  • Build strong relationships among team members, ensuring cooperation on project objectives

In this role, you will be involved primarily with Commercial lines of business.


QUALIFICATIONS:

Ideal candidates will fulfill the following requirements:

  • Recently acquired or pursuing a bachelor's degree in Business Administration, Actuarial Science, Math/Statistics, Economics, Finance, or other related degree with a cumulative grade point average of 3.0 (out of 4.0) or better
  • Excellent verbal and written communication skills
  • Excellent quantitative, organizational, decision making, and problem-solving skills
  • Proficiency in Microsoft Word and Excel
  • Basic knowledge of insurance industry is a plus but not required
  • Must be able to work in U.S. without sponsorship
  • Internship is not eligible for university course credits
  • Ability to work 40 hours per week

*This is a temporary seasonal position and is not benefit eligible.

Estimated Compensation Range: $16/hr-$23.75/hr*

*Published ranges are estimates. Offered compensation will be based on experience, skills, education, certifications, and geographic location.