Business Insurance Actuarial Analyst – 2021 Summer Internship- Virtual

Farmers Insurance Group is one of the premier property and casualty insurers in the United States, with operations nationwide and corporate headquarters located in the greater Los Angeles, CA (Woodland Hills) area. Farmers has been independently certified as a Great Place to Work based on its high-trust, high-performance workplace culture. Extensive development opportunities are available through the award-winning University of Farmers, named by Training Magazine as a top 10 corporate training organization in the world.

Farmers Business Insurance Group (BIG) has the luxury of leveraging the resources of a Fortune 500 company, while being a small enough part of the enterprise to operate nimbly. In the last few years, BIG has taken this to a whole new level by transforming to a Lean-Agile development framework. This has enabled BIG to deliver value to our customers faster than ever before. In modern times, technology has caused a rapid shift in the way companies do business. Here at Farmers, we are embracing this change by taking a customer-centric approach, backed by data-driven insight. One example of how BIG has adapted to the ever-changing insurance market is through an innovative partnership with Uber to insure all rides (including Uber Eats) in 12 states!

So whether your passion lies in big data analytics (data science, machine learning, artificial intelligence, predictive modeling), formulating pricing and marketing plans to hit profit and growth targets, or strategic product development to differentiate Farmers in the marketplace and provide a better customer experience, it’s an exciting time to be in BIG!

Job Summary 

Farmers believes in the diversity of our employees, ideas, and experiences, and we are committed to building an inclusive culture that represents the communities we serve. We are seeking curious, passionate, and hard-working students from quantitative academic fields to partake in our paid summer internship program. The program will be highly collaborative and immersive, with interns working on real business problems that can span multiple business units within the complex commercial insurance landscape: Product, Actuarial, Analytics, R&D, Underwriting, Finance, Sales, Marketing, Operations, Distribution, IT.

But it won’t be all work! BIG executive leadership will host virtual learning sessions with a small group of interns to discuss career aspirations, and there will be a multitude of social gatherings throughout the summer. Interns will also have a chance to partake in the famous Product Olympics, where everyone in the department competes in virtual team games with a chance to take home the gold!

Interns will work alongside project mentors within the interactive “Scrum” framework (including daily stand-ups), and weekly sync-ups with project leads will help further contextualize the work. Over the course of the summer, interns will ultimately build a minimum viable product (MVP) and have a “capstone” opportunity to present those findings to the Farmers leadership team.

Education Requirements 

Preferred Skills & Abilities 

Physical Actions 

Required job duties are essentially sedentary in nature, consisting of occasional walking, standing, lifting and/or carrying ten pounds maximum.

Farmers is an equal opportunity employer, committed to the strength of a diverse workforce. If you want to learn more about Diversity and Inclusion at Farmers, please visit our D&I page on our career site.