The Americas Actuarial Internship Program
Objective
The Americas Actuarial Internship Program is geared towards finding qualified candidates for full-time employment. It is
an integrated program that combines relevant work experience with actuarial training. It also includes a number of social
events to make sure the interns fully enjoy their summer experience.
Work Experience
Interns are typically placed in a pricing or financial reporting role working side by side with actuaries or senior level actuarial
students. They are presented with challenging projects that provide them with useful experience while allowing them to
develop their problem solving and decision making skills. Positions are available in various locations across the United
States.
“The internship program offers
the platform for a prospective
employee to gain experience
across a variety of functional
areas within the department.
The program is a great
opportunity to develop
technical skills along with
practical business
knowledge.”
Nick Pastor, Chief Actuary
Classes & Presentations
The summer includes a series of training classes on an array of topics including actuarial functions and computer software
skills. The learning continues throughout the summer with classes and weekly presentations made by QBE’s actuaries and
senior management.
Social Events
Interns are invited to several events with the actuarial students, which may include professional sporting events, bowling,
and volunteering.
Time Period
The internship lasts 12 weeks and starts the day after Memorial Day.
Requirements

At least one SOA or CAS exam.

Strong analytical and communication skills.

Students one year removed from seeking permanent employment are preferred.
“The actuarial internship
program was developed to give
the intern an understanding of
what it’s like to be a full-time
actuary at QBE. Social
activities integrate the interns
into the culture of QBE.
Learning opportunities increase
their knowledge of the
insurance industry and the
actuarial profession. The final
day presentation allows the
interns to display the
knowledge they gained
throughout the program.”
Sushma Nand, Program
Coordinator
About QBE the Americas
The Americas Division
Since QBE first established a North American presence in 1991, we've focused on diversification, superior product offerings and unparallel
customer service to excel in the market. QBE's Americas Division produced $4 billion in gross written premium in 2009 and an 89.7 combined
operating ratio. QBE Insurance companies are rated "A" (Excellent) by A.M. Best and "A+" by Standard and Poor's.
Headquartered in New York, QBE the Americas conducts business through various property and casualty insurance subsidiaries. Our targeted,
regional approach helps us provide niche products and tailored coverage serviced by local offices and support staffs who are experts in their
areas. In Latin America we offer 25 QBE-affiliated insurance programs through five business units: QBE Argentina, QBE Brazil, QBE Colombia,
QBE Mexico and QBE Ecuador.
QBE the Americas is a division of QBE Insurance Group Limited, one of the top 25 insurers and reinsurers worldwide.
About the Actuarial Team
The Financial Analysis, Pricing and Reinsurance teams provide crucial expertise and support to diverse areas of QBE the Americas. As an
actuarial intern, you may find yourself in any of the following roles:
Financial Analysis
Pricing

Serve on the Loss Review
Committee


Assist in the preparation of
the annual statement


Assist in company
acquisitions

Rate reviews for
Personal Lines and
Commercial Lines
Price Large Accounts
and Reinsurance
Treaties
Perform profitability
analyses
Catastrophe Modeling



Through the use of models,
quantify the cost of future
Catastrophes
Work with management and
underwriters to accurately price
Catastrophe Risk
Determine optimal way to
manage Catastrophe Risk
Economic Capital Modeling



Calculate the total amount of
required capital for the entire
company
Perform quantitative analyses to
ensure sanctity of Corporate Risk
Management
Work with regulators and rating
agencies to establish capital
requirements