LWCC, Louisiana Workers' Compensation Corporation, is a private mutual workers' comp company. We are dedicated to excellence in execution from underwriting to compassionate care of injured workers. Our purpose is to help Louisiana thrive by bettering our state one business and one worker at a time. LWCC has been consistently recognized by industry leaders and named to the Ward's 50® group of top-performing insurance companies, supporting our promise to provide safety, security, and stability to businesses in Louisiana.

Thank you for your interest in LWCC. We invite you to apply, and a member of our team will review your application. To learn more about us, please visit LWCC.com.

Overview

The actuarial intern should be an undergraduate or graduate student and will support the actuarial team in analyzing data to help guide pricing and reserving decisions. Under the guidance of members of the actuarial team, the intern will assist with preparing analyses, developing a data catalog and supporting various projects completed by the actuarial team. The role provides exposure to general insurance and basic actuarial and data principles.

Roles, Responsibilities, and Priorities

Major Areas of accountability

General
- Develop an understanding of LWCC's data and data access procedures
- Compile, validate and analyze insurance data
- Support data governance initiatives
- Calculate pricing indications and/or reserves
- Perform mathematical calculations necessary to produce actuarial exhibits
- Communicate and collaborate effectively with other departments
- Gain an understanding of basic insurance and actuarial concepts
- Increasing knowledge of LWCC and the insurance industry
- Confers with team members to discuss work processes, plans, and/or tasks to be performed. Presents problems as they are identified and participate in their resolution
- Prepare reports/presentations/emails that summarize findings for others
- Performs other related duties of a comparable level/type as required

Desired Skills and Experience

Personality/Working Style

Strong character
- Alignment with company values, mission, and vision
- Trustworthy and honesty
- Decisive
- Curious and persistent
Passion for innovation
- Willingness to learn
- Adaptive to changing (tolerance for ambiguity)
- Desire to collaborate to achieve corporate goals
Strong communicator
- Effective communication skills
- Empathetic listener and open-minded
- Commitment to accountability
- Customer service skills

Education and experience

Pursuing a bachelor's degree in math, actuarial science, statistics, data analytics or a related quantitative field
Progress toward actuarial exams is preferred but not required
Skill Requirements
- Proficiency in Microsoft products, particularly Excel
- Experience with programming tools such as SQL, R, or Python is a plus
- Strong analytical and problem-solving skills

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