Actuarial Internships
Diane Sullivan
Second Vice-President
Travelers Property Casualty
 Actuarial Internship Elements
 Recruiting
 Benefits of Internship Program
Work
Experience
Development
Curriculum
Networking
Mentoring
Actuarial Internship Elements
12-Week Summer Program
Coordinated as part of Company-wide Leadership
Development Internship Program
Actuarial Internship Elements
Real actuarial projects - not just copying/filing/data input
Study of Homeowners Brush Fire exposure in
Southern California
Study of Personal Auto Deductible Credit Factors
Construction Market ELPF review
Small Market Construction Defect analysis
Personal and Commercial Rate Filings
Work Experience
Weekly presentations by senior members of actuarial and
finance communities:
Introduction to Travelers
Understanding Insurance Products
Claim Department
Reinsurance
Personal Lines
Commercial Lines
Bond
Development Curriculum
Senior Management Exposure
Individual meetings set up by intern coordinator
Development Curriculum
Social Events
“Actuaries don’t work in a vacuum” - desire to integrate with
other disciplines as early as possible
Networking
Welcome Reception (with Sr. Mgmt)
Welcome Pizza Luncheon
Habitat for Humanity
Intern Picnic
Riverboat Cruise
City-wide Scavenger Hunt
Volleyball
Six Flags
Whirlyball
Social Events
Each participant is assigned a mentor
Mentors are typically actuarial students
Mentors are called upon for all types of questions
Career Advice
Exam Preparation
Where’s the closest mall?
Mentoring
How do students hear about Travelers?
Career Fairs
Information Sessions
Website
High School Event
Recruiting for Interns
Travelers Target ALDP Schools
Bryant College
Cornell University
Hamilton College
Lafayette College
Notre Dame
Penn State
SUNY Stony Brook SUNY Geneseo
Univ. of Connecticut
Recruiting for Interns
Interviews
On Campus during full-time recruitment
On-site for local candidates
Phone interviews
Recruiting for Interns
Build a Foundation
Introduction to:
Company
Corporate Culture
Actuarial Profession
Connecticut
What does an intern gain from the experience?
Build a Foundation
12-Week Interview
Business Experience
Actuarial Experience
Exam Support
Workshops:
Presentation Skills
Intro. to Corporate Culture
Resume Writing
Interviewing Techniques
What does an intern gain from the experience?
Investment in the Future
12-Week Interview
Assess Analytical Skills
Ability to work with others
Communication Skills
Real Actuarial Work Completed
Management Training for Actuarial Students
Committed Future Employees
What does the company gain from the experience?
Commitment to Program
Expect Ups and Downs
Don’t Expect to Hire Every Intern
Make Interns a Part of the Community
Final Thoughts