Data Science Intern

Date: Aug 30, 2023

Location: Erie, PA, US, 16530

Company: Erie Insurance

Division or Field Office:

Actuarial Division

Department of Position: Actuarial Division 

Work from:

Corporate Office in Erie, PA
Salary Range:

$42,343.00 - $67,639.00 *

salary range is for this level and may vary based on actual level of role hired for


*This range represents a national range and the actual salary will depend on several factors including the scope and complexity of the role and the skills, education, training, credentials, location, and experience of an applicant, as well as level of role for which the successful candidate is hired.

 

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

Opportunity to join our Future Focus Internship Program as a Data Science Intern
 

Erie Insurance is committed to helping you learn and grow with a challenging internship position that will offer you relevant and real-world business experience. We are currently seeking many high-potential applicants for our upcoming summer internship program as Data Science Interns!  

 

Who should apply?
 

  • Applications are accepted from full-time college students currently attending an accredited college or university to pursue a four-year degree or to complete a master's degree program full-time
  • A four-year degree student should be completing sophomore, junior, or senior year
  • A minimum cumulative grade point average of 3.0 is required to be considered for an internship

 

About the Internship: The internship includes orientation to the company and the insurance industry through:
 

  • A variety of challenging assignments in a stimulating work environment
  • A personal mentor
  • A welcome breakfast, monthly lunches and wrap up event
  • A variety of educational, social and community service events allowing for collaboration with other interns
  • Social events and other networking activities with senior leaders including the CEO
  • Relocation assistance may be available to those who qualify
  • We have multiple talent programs and initiatives focused on attracting underrepresented students for internships and other job opportunities at ERIE Insurance.

Duties and Responsibilities

  • 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.
  • Researches new and innovative data science techniques to enhance existing processes.
  • Investigates possible new sources of data to improve existing models or create new models.
  • Compiles data from multiple sources to facilitate analytics and predictive modeling

 

This position description in no way states or implies that these are the only duties to be performed by the incumbent. Employees are required to follow any other job-related instruction and to perform any other duties as requested by their supervisor, or as become evident.

Competencies

Values Diversity
Nimble Learning
Self-Development
Collaborates
Information Management Skills
Customer Focus
Cultivates Innovation
Job-Specific Knowledge
Instills Trust
Optimizes Work Processes
Decision Quality
Ensures Accountability

Qualifications

High school diploma or GED required. Pursuit of bachelor's degree with completion of sophomore year majoring in 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

Physical Requirements

Lifting/Moving 0-20 lbs; Occasional (<20%)
Lifting/Moving 20-50 lbs; Rarely
Ability to move over 50 lbs using lifting aide equipment; Rarely
Driving; Rarely
Pushing/Pulling/moving objects, equipment with wheels; Occasional (<20%)
Manual Keying/Data Entry/inputting information/computer use; Often (20-50%)
Climbing/accessing heights; Rarely


Nearest Major Market: Erie