Data Science Intern (Hummelstown)

Compensation

: $96,915.00 - $153,250.00 /year *

Employment Type

: Full-Time

Industry

: Information Technology



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Division or Field Office:

Actuarial Division

Department of Position: Modeling & Data Anlytcs Dept

Work from:

Corporate Office in Erie, PA

At Erie Insurance, we believe in professional and personal development. With our Future Focus Internship Program, both are provided in abundance. Not only do we offer the opportunity to gain professional experience in a challenging and competitive setting, but we welcome you as part of the ERIE family. We ensure that our interns receive the best internship experience possible, which includes multiple educational, developmental, professional, social and networking opportunities. The esteem ERIE holds in its Future Focus Internship Program is evident at every level of the organization, defined even further by multiple opportunities for socializing with high level leaders, up to and including our President and CEO. Are you ready for the internship experience of a lifetime? Look no further.

Position Summary

Performs data analysis and statistical modeling, using advanced statistical and computer techniques while working with experienced departmental staff. Develops statistical models designed to enhance business decisions. Areas of focus may include: Claims, Customer Service, Marketing, Pricing, Sales and Agency, and Underwriting. Presents findings and proposals to management. Supports the work of the modeling and data analytics group.

  • The selected candidate will work from our Corporate Office in Erie, PA
  • *Please note We are unable to offer this position to individuals who will require current or future immigration sponsorship for employment.

    Duties and Responsibilities
  • Works with experienced departmental staff to learn actuarial techniques, data sources, and spreadsheets to conduct reviews of rating factors.
  • Assists in conducting detailed analysis of The ERIE's insurance programs, profitability, rating factors, reserve studies, dynamic financial analysis, and experience exhibits. Typical projects have included: deductible studies, trend and forecasts of average paid losses and frequencies, effect of large losses on rate indications, and competitive analysis.
  • Creates exhibits, reports, and charts for actuarial and reserve studies, state insurance department filings, and rate recommendations. Determines appropriate presentation format.
  • Develops a basic knowledge of ratemaking procedures used by The ERIE, competitors, and rate bureaus. Writes programs in SAS and Visual Basic to extract data to spreadsheet format. Reviews data for reasonableness and accuracy.
  • Gathers ERIE and Industry information in response to requests. Presents rate, reserve and other analysis to management and communicates analysis impacts to other departments as required.
  • Competencies Ability To Learn And Follow ProceduresAbility to Manage ComplexityArithmetic ComputationDeveloping And Maintaining RelationshipsInformation Management SkillsInterpersonal CommunicationJob-Specific KnowledgeNumerical ReasoningPlanning And OrganizingPresentation SkillsProblem AnalysisOral CommunicationService OrientationTime Management Qualifications

    High school diploma or GED required. Pursuit of bachelor's degree with completion of sophomore year majoring in Computer Science, Actuarial Science, Mathematics, Statistics, Econometrics or related field required. Minimum 3.0 GPA required. Candidates in their final year of undergraduate study, or pursuing graduate studies are also eligible. Proficiency in probability and statistics as demonstrated by passing the first actuarial exam preferred. Basic knowledge of word processing, spreadsheet, presentation and data base software preferred. Exposure to programming languages such as Python and R preferred.

    Physical Requirements Lifting 0-20 lbs; Occasional (<20%)Lifting 20-50 lbs; RarelyLifting Over 50 lbs; RarelyDriving; RarelyPushing/Pulling; Occasional (<20%)Manual Keying/Data Entry; Often (20-50%)Climbing; Rarely
    Associated topics: data administrator, data architect, data center, data integration, data management, data warehousing, database administrator, hbase, sybase, teradata * The salary listed in the header is an estimate based on salary data for similar jobs in the same area. Salary or compensation data found in the job description is accurate.

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