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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
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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