Actuarial Leadership Development Program (ALDP) Intern

Compensation Overview

The hourly salary range provided for this position is a nationwide market range and represents a broad range of salaries for this role across the country. The actual hourly rate for this position will be determined by a number of factors, including the scope, complexity and location of the role; the skills, education, training, credentials and experience of the candidate; and other conditions of employment.

Salary Range: $27.00 - $32.00

Target Openings: 20

What Is the Opportunity?

The goal of the Actuarial Leadership Development Program (ALDP) internship is to attract and develop self-motivated individuals who are highly skilled and passionate about a career in actuarial while providing a foundation for future success within the organization.

As an ALDP intern, you will be exposed to a challenging actuarial professional work experience with planned activities giving you insight into business and the many actuarial career options at Travelers. With many company-wide events such as Intern Symposium and community outreach events, you will have the opportunity to interact and network with many levels of leadership and management.

You may have an opportunity to work together with fellow interns to develop and present solutions to relevant business and actuarial topics.

What Will You Do?

• Gain first-hand business experience and receive valuable on-the-job training.
• Learn about the many actuarial and analytic positions available in the insurance industry.
• Collaborate and network with other development programs during business workshops, work assignments, and social events.
• Receive challenging work assignments that add value and impact the business.
• Perform other duties as assigned.

What Will Our Ideal Candidate Have?

• Cumulative GPA of 3.0 or greater.
• Completion of 1 or more Actuarial exams.
• Accountability: Strong track record of taking ownership and responsibility for actions and outcomes, performance, and results.
• Analytical and Critical Thinking: Demonstrated aptitude in identifying current or future problems or opportunities, analyzing data, synthesizing and comparing information to understand issues, identifying cause/effect relationships and exploring alternative solutions to support sound decision making.
• Change Management/Resilience: Ability to remain energized and focused in the face of ambiguity, change or strenuous demands.
• Customer Focus: Proven customer service skills with the ability to provide service excellence to internal or external clients.
• Emotional Intelligence: Demonstrated track record of self and social awareness, empathy and balances confidence with humility.
• Interpersonal: Excellent communication skills with the ability to actively engage with others while maintaining a positive attitude.
• Judgment/Decision Making: Capability of exercising sound judgment, making decisions and committing to a position.
• Learning Agility: Demonstrates an aptitude for learning and applying new capabilities in actuarial and analytics.
• Leveraging Differences: Proven capacity to work with and include people from different backgrounds, experiences, cultures, races, etc. and view those differences as assets to be leveraged to accomplish business goals and objectives.
• Relationship Management: Strong relationship management skills including the ability to seek out, build, foster and maintain productive relationships, networks or alliances to meet goals and achieve results.
• Teamwork: Ability to work together in situations when actions are interdependent, and a team is mutually responsible to produce a result.
• Technical Curiosity: Self-starter and motivated to explore new technologies, applications and environments beyond required job and/or educational commitments.
• Work Ethic: Possession of a strong drive to do what it takes to get the job done; inquisitive and demonstrates a strong willingness to learn.

Must Have

• Obtained or pursuing a Statistics, Mathematics, Economics, Finance, Actuarial Science, Computer Science or business-related bachelor’s or master’s degree required.
• Legally authorized to work in the United States now and in the future.