Product Analysis Intern Job at First Chicago Insurance Company, Chicago, IL

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  • First Chicago Insurance Company
  • Chicago, IL

Job Description

First Chicago Insurance Company 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
  • Research and develop coverage forms, endorsements, and manuals needed to support products
  • 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
  • Create and update monthly/quarterly reports
  • Build strong relationships among team members, ensuring cooperation on project objectives
In this role, you will be involved with Personal and Commercial lines of business.

QUALIFICATIONS:

Ideal candidates will fulfill the following requirements:
  • Recently acquired or pursuing a bachelor's degree in Pre-law, English, History, Political Science, Business Administration, 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

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


Estimated Compensation Range: $16/hr-$20/hr*

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

Job Tags

Contract work, Temporary work, Seasonal work,

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