Sigma Chapter Intern Testimonials

Elizabeth Carr
Actuarial Science
Spring 2017

Arthur J. Gallagher
Philadelphia , PA

Provide a General Description of the Internship. Include daily tasks completed, the company and its employees, and any other information.
I worked on my final project which was a half hour presentation on a project of my choosing. I choose to do Actuarial Science vs. Underwriting: what the differences are and how they relate to the company. I also worked on the auditing process for the quarterly statements and billing statements for the life department clients. I went on a few sales meetings and listened in on a few sales calls. I traveled to the other local offices and had weekly workshops with the other summer interns. We also went to the headquarters which is near Chicago and learned about the company for the week. Additionally, I worked on an IDI (individual disability insurance) project. I helped work with sales executives to develop a process for when IDI should be brought up with clients or prospects. I typically worked 35 hours per week with some travel from Philadelphia to Radnor, PA or to the Mt. Laurel, NJ offices. I traveled to these other offices about once a week.

Did you have a mentor?

If so, how did he/she help you during your internship?
I had two mentors and they were both helpful. My one mentor helped me understand what the life department was and explained some of the different plans they offer to their clients. Their clients are law firms typically from New York. My other mentor helped me a lot with my final project. She helped me work on my presentation skills and she helped me come up with the project.

Did you feel your RMI/AS classes better prepared you for the internship?
My Modeling 1 class helped me understand some of the life insurance policies my mentor showed me. My actuarial science classes and some of the information I learned from the ASCD meetings helped me for the final project. Intro to Risk also helped me understand some of the terms and topics that I learned in the orientation and the workshops with the other interns.

Interviewing/Hiring Process Comments:
I applied for the position online. I went on an interview at the Philadelphia office. First i met with a few members of the life department team. This interview lasted about 20 mins. Then since they thought I was a good candidate the VP met with me and interviewed me for the position for about 20 mins. Three weeks later they called me back and offered me the job.

Were you assigned any special projects? If so please describe.
The first project I was assigned was a group project with some of the other interns. We helped create a marketing campaign for the Arthur J. Gallagher's National Bench marking Survey. I also worked on my end of internship project where I gave a 30 minute presentation about the differences between Actuarial Science and Underwriting and what the Actuaries and Underwriters do in Arthur J. Gallagher. I also worked on an IDI (individual disability insurance)project. For this project I helped develop a process for the sales team to recognize which clients or prospects are good candidates for this type of insurance. I also discussed when to bring it up and how to.

What were the supplemental benefits besides the pay? (Internship Lunches, Housing, Sports Games, Happy Hours, etc.)
Yes there were a few happy hours and a few lunches.

Describe the company's internship program(atmosphere, work load, work, housing, outside work activities, etc.).
The company's culture is unique and I really enjoyed all the people that I worked with. All the first year interns went to the intern orientation in Chicago for a week. The CEO Pat Gallagher and the heads of the four divisions of Arthur J. Gallagher spoke to us. There was training in Chicago about etiquette, networking, and presentation skills. In addition to those we had eLearn assignments that ran through modules to teach more technical skills. I had workshops with the other interns about some of the different functions within Gallagher Benefits Services for our region. I always had projects to work on throughout my internship, but it was never an overwhelming amount of work.

Was the internship what you expected after the interviewing/hiring process?

Were you provided time off besides the weekend?
They gave me off two days before I took exam FM, but other than that only weekends.

If you had to relocate, describe the process of adapting to a new city.

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