Sigma Chapter Intern Testimonials

Karina Cuadro
Actuarial Science
Spring 2017

Everest National Insurance Co.
Liberty Corner, NJ

Provide a General Description of the Internship. Include daily tasks completed, the company and its employees, and any other information.
I worked on Price Monitoring Analysis. I used and Excel and PowerPoint to find percentiles and weighted averages for renewal premiums across several months/years. I created a presentation, to be used by VPs and the president of the company. I did some administrative work for other actuaries and worked with loss data ratios/factors.

Did you have a mentor?

If so, how did he/she help you during your internship?

Did you feel your RMI/AS classes better prepared you for the internship?
Yes, I needed a good amount of Excel knowledge which I had because of class projects and the Excel Business class.

Interviewing/Hiring Process Comments:
There was an online application. Interview was a 10 minute phone call conversation. (Interview was not through Gamma).

Were you assigned any special projects? If so please describe.
Price Monitor Analysis - I created a file that could automatically refresh as new data becomes available. Data came from a database which included policy numbers, line of business, start date and expiration date, premium, renewal premium, industry price change (%), and target price change. I created a visual presentation to show the analysis.

What were the supplemental benefits besides the pay? (Internship Lunches, Housing, Sports Games, Happy Hours, etc.)
Sporting Events, Lunches, and presentations by company executives.

Describe the company's internship program(atmosphere, work load, work, housing, outside work activities, etc.).
Fairly new, the company never hired interns before (it was more of a family summer job opportunity in previous years), no strict structure, there was no plan for every week. Projects just came up, and we were handed some instruction.

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

Were you provided time off besides the weekend?

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

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