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Federated Insurance is seeking a college graduate (May 2018/Dec 2018/May 2019) to contribute to our Life operations. In this role you will be measuring operating results, performing calculations of data projection techniques, assessing financial soundness of plans to improve our existing products, and fulfill statutory and reporting requirements of state insurance departments and other outside agencies. We are looking for an individual with strong analysis skills who can compute and present technical information to different levels of the organization, self-motivated, and works well in a collaborative and team environment.
Additional Qualifications Needed:
- Four-year degree, preferable in Math or related subject
- A minimum of one actuarial exam passed
- Strong mathematical, analytical, and problem-solving skills
- Excellent Microsoft Office skills including: Excel, Word, Outlook and PowerPoint
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Internships are a great way to hone your skills in a professional setting. You’ll be exposed to a variety of meaningful projects and will collaborate with team members daily. Your colleagues want you to learn and succeed, and you’ll benefit from their coaching and feedback. Even better, your contributions will be valued and rewarded – as you will be an important member of our team. This is a full-time, paid internship for the summer of 2019, starting the beginning of June and ending mid-August.
If you are ready to apply your knowledge and skills in a meaningful work experience, to receive coaching and feedback that will allow you to develop your skills, and to make important contacts and have an opportunity to do some networking, then Federated’s Actuarial Internship may be right for you!
Responsibilities:
- Performing company level experience and rating level studies
- Collecting and organizing data to create new or automate existing reports
- Calculating impact of assumption changes on current book of business
- Assembling exhibits and other information needed in rate filings and other regulatory reporting
- Collaborating with others to assist in day to day items as needed
- At the conclusion of the internship, you will prepare a presentation outlining your internship experience and present it to Actuarial Services and Human Resources
Qualifications:
- Junior or Senior majoring in Actuarial Science, Math or Statistics
- Minimum overall GPA of 3.2
- Strong computer knowledge including the ability to use Microsoft Excel or equivalent spreadsheet software
- Maintain the confidentiality of business and personnel information
Benefits:
- Financial Compensation
- Furnished Housing provided
- Subsidized Country Club Membership
- Subsidized on-site Fitness Center membership
- Participation in Federated's Wellness Program
- Free Employees Club Membership
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Federated Insurance is seeking someone with three years' actuarial work experience and five actuarial exams completed to contribute to our Life operations. In this role you will prepare, enhance, and present statistical analyses that evaluates the adequacy of the Company's pricing and reserving levels and polices. We are looking for an individual with strong analysis skills who can compute and present technical information to different levels of the organization, self-motivated, and works well in a collaborative and team environment.
Additional Qualifications Needed:
- Four-year degree, preferable in Math or related subject
- A minimum of five actuarial exam passed
- Minimum of 3 years' actuarial work experience demonstrating strong mathematical, analytical, logic, and problem-solving skills.
- Excellent Microsoft Office skills including: Excel, Word, Outlook and PowerPoint
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As a Shipping Specialist, you will provide accurate sorting and timely distribution of incoming ground and overnight packages to the appropriate departments. You will determine the best packaging solution and ensure shipments are being done in a timely and cost-effective manner. We are seeking individuals with excellent customer service skills, strong communications and problem solving skills.
Qualifications Needed:
- Valid driver's license and acceptable driving record.
- Ability to operate a personal computer.
- Ability to problem solve.
- An unquestioned ability to retain confidential business and personnel information.
- Ability to move inside the ofice to distribute packages and materials.
- Lift a minimum of 70 pounds.
- Push and/or pull items weighing 600 pounds.
- Operate a hand or battery-powered pallet jack.
- Manual dexterity in using hand tools such as tape measure, tape cutters, etc.
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As a systems developer, you will help fulfill that mission as you create and maintain technology tools that allow us to meet our clients’ needs. We are looking for individuals who thrive working in a team environment to analyze issues, solve problems, and maximize the effective use of technology. Our information services department is located in Owatonna, MN.
Responsibilities
- A variety of training ranging from 3-month classroom training to computer-based training to individualized mentoring
- Writing programs to develop and enhance business applications
- Developing test cases, cycles, and scripts and conducting all required testing
- Using basic problem solving techniques to gather information and diagnose system issues
- Responding to internal and external customer needs
Minimum Qualifications
- Four-year degree with a preferred major in information systems, computer-related field, mathematics, or business; or equivalent experience
- Strong Computer knowledge
- Excellent Microsoft Office skills including: Word, Excel and Outlook
- An unquestioned ability to retain confidential business and personnel information
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Internships are a great way to hone your skills in a professional setting. You’ll be exposed to a variety of tasks related to the main phases of the Project Life Cycle which may include writing programs that satisfy requirements, conducting unit, system, regression and acceptance testing; producing project documentation, participating in education sessions, and working with others on progress and issues related to your assigned work. You’ll collaborate with team members daily. Your colleagues want you to learn and succeed, and you’ll benefit from their coaching and feedback. Even better, your contributions will be valued and rewarded – as you will be an important member of our team. This is a full-time summer internship.
Qualifications Needed:
- A junior or senior student who successfully completes courses in pursuit of a computer science, management information systems, programming, or related major
- Have a minimum overall GPA of 3.0
- Have strong computer skills in Microsoft Office programs
- Maintains the confidentiality of business and personnel information
Benefits:
- Financial Compensation
- Furnished Housing provided
- Individual Mentoring
- Subsidized Country Club Membership
- Subsidized on-site Fitness Center membership
- Participation in Federated's Wellness Program
- Free Employees Club Membership