Company Details

W.R. Berkley Corporation is a Fortune 500 Company, listed on the New York Stock Exchange. The Company is made up of dedicated and passionate people committed to delivering the highest quality insurance products and services to specialized markets worldwide.

Our culture is one of innovation, creativity and teamwork. Our team is highly motivated, passionate about our business, and deeply experienced in developing and delivering product and service solutions in the life science marketplace. You will join a highly respected team of experienced, successful professionals with deep expertise in this market as they build the company of the future.

At Berkley Life Sciences, we insure the future of life science innovators today. We do so by serving as a preferred market for the life science industry around the globe, offering a broad range of sophisticated property & casualty products and services designed to meet our customers' individualized needs.

The company is an equal employment opportunity employer.

Berkley Life Sciences professionals cohesively respond to the unique challenges faced by our life science customers. We are seeking a motivated and detail-oriented Actuarial Intern to join our team in Ewing, NJ.

Responsibilities

This is an exciting opportunity to gain hands-on actuarial experience. As an intern, you will work alongside the Chief Actuary, contributing to real-world projects that support pricing, reserving, risk analysis, and strategic decision-making.

Under the direction of the Chief Actuary:

• Work closely with underwriters, claims professionals, and finance professionals to understand business needs and provide data-driven insights.
• Collect, clean, and analyze policy and claim data.
• Build and enhance tools and scripts to streamline actuarial processes.
• Maintain, improve, and develop actuarial models for pricing, reserving, and forecasting.
• Update and refine profitability reviews for our book of business.
• Prepare drafts of exhibits, reports, and presentations for stakeholders both inside and outside of BLS.
• Perform competitor rate comparisons and market research.

Qualifications

• Bachelor's degree or pursing a BA/BS degree from a 4-year accredited institution.

Successful coursework or projects requiring the use of a programming language (e.g., Python, R, SQL); experience with Excel is a plus.

• Exceptional oral and written communication skills. Your communication style is flexible to the situation. You communicate clearly and with a purpose.
• Calm under pressure. You have excellent organizational skills, integrity, and great follow-through on tasks. You are comfortable challenging norms while working collaboratively with colleagues at all levels of the organization.
• Natural curiosity. You love learning how things work, and you are always looking for innovative improvements.
• An analytical mind. You love to dive into the details of a business problem, think about data and analytical methods that can address the problem, and develop solutions that satisfy our underwriting philosophy, profitability requirements, and customer needs.
• The Company is an equal employment opportunity employer.