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Actuarial Intern

Insurance

San Francisco / Chicago / Remote


Our mission is to make construction safe and sustainable through innovative insurance products.

Shepherd is a tech-enabled MGU writing casualty insurance for middle-market construction. Our mission is to incentivize a safe and sustainable construction industry through innovative insurance products. Shepherd is creating a digital end-to-end insurance procurement experience, leveraging new sources of underwriting data and providing the construction industry with valuable benchmarking metrics. We're backed by Y-Combinator and have raised a Seed Round led by Spark Capital.

About you

We’re looking for an actuarial student intern to join the Actuarial and Insurance team at Shepherd during fall 2022. You will work cross-functionally with our insurance, underwriting, product, and engineering teams to support our ratemaking and product design functions. You’ll get exposed to life at an early-stage startup and help build a strong culture for the actuarial team and beyond.

We are open to full-time as well as part-time candidates.

You would be our dream candidate if...

  • You are a current university student pursuing a bachelor’s or master’s degree in a quantitative subject such as actuarial science, statistics, mathematics, or finance
  • You are comfortable using Excel for data analysis and modeling purposes
  • You are comfortable using tools such as SQL, Python or R for data querying and transformation
  • You are actively pursuing SOA/CAS actuarial exams
  • You aren't afraid of ambiguity
  • You are self-motivated and can work independently on projects
  • You are organized and have the ability to manage multiple tasks/projects simultaneously
  • You are curious and eager to get into the weeds of our actuarial models
  • You have exceptional interpersonal communication skills (verbal & written) and
  • You have an aptitude to learn technical concepts and terms

About the role

Shepherd is building a better and faster way to underwrite property & casualty insurance, using new and innovative data sources. Our goal is to leverage our technology and data to make quick, informed, underwriting decisions tailored to our clients’ specific needs.

Over the course of 8 weeks, the successful candidate will:

  • Evaluate and aggregate industry loss experience data using prescribed actuarial techniques, with guidance from senior actuaries
  • Input data into actuarial models, modify existing actuarial models and manipulate existing calculations (in spreadsheets and code) for data processing
  • Research and apply rate and rule filing laws and regulations to Shepherd’s P&C offering
  • Effectively communicate with underwriting, product and engineering teams and manage internal cross-functional communication
  • Interface with external partners such as compliance agencies, actuarial consultants, and regulatory authorities
  • Be adaptable and creative in a fast paced startup environment
  • Strong teamwork and communication skills are a must
  • Prior actuarial internship is a plus, but not necessary. If you’re unsure about applying, give it a try! Lots of skills and experience are transferable.

Location

San Francisco, Chicago or remote, depending on successful candidate needs

Benefits

Paid lunch, snacks, and craft coffee in the office every day

100% employer contribution to top-tier health, dental, and vision insurance

401K Retirement Planning

Unlimited PTO

Fidi Office with a beautiful patio and dog-friendly

We workout, ski, hike and do many activities together

The team

Meet the team

Interested?

Please include links to your GitHub, LinkedIn, or any other relevant info.

Apply now
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