Risk Modeling Services Intern (May 2024)

About PwC

PwC is an international professional services brand with partnerships in 157 countries and 284,000 people across 742 locations. PwC USA is a prominent firm offering assurance, tax, advisory, and consulting services.

Your role

About Risk Modeling Services practice:

In the Risk Modeling Services practice, professionals offer comprehensive insurance advice to clients, spanning solvency, risk management, financial modelling, and regulatory compliance, enabling them to navigate complex financial landscapes and adapt to changing requirements effectively.

As an Intern / Trainee, you'll work as part of a team of problem solvers, helping to solve complex business issues from strategy to execution. PwC Professional skills and responsibilities for this management level include but are not limited to:

• Be curious and try new things.
• Learn about how PwC works as a business and adds value to clients.
• Think broadly and ask questions about data, facts, and other information.
• Support research, analysis, and problem-solving using a variety of tools and techniques.
• Produce high-quality work that adheres to the relevant professional standards.
• Keep up-to-date with technical developments in the area of specialism.
• Handle, manipulate, and analyze data and information responsibly.
• Communicate confidently in a clear, concise, and articulate manner - verbally and in materials produced.
• Embrace different points of view and welcome opposing and conflicting ideas.
• Uphold the firm's code of ethics and business conduct.

Intern's role in PWC's core actuarial and insurance services provided to clients is to:

• Support select projects.
• Demonstrating creative thinking and individual initiative while working as a team member, building impactful relationships with team members.
• Proactively seek guidance, clarification, and feedback.
• Demonstrate flexibility in prioritizing and completing tasks while exercising professional scepticism.

Training & development

PwC USA provides interns with extensive training, combining leadership and technical skill development through physical and virtual sessions, backed by real-time coaching. Interns benefit from specialized training sessions, and access to cutting-edge tools and resources to enhance their skills and knowledge and also gain practical client experience, receive dedicated mentorship to boost their leadership skills, and have opportunities for networking to immerse themselves in PwC's culture.

Benefits

If you join as a full-time employee, you will get the following benefits:

• Health & well-being
• Take time off to relax & recharge
• Family support
• Infinite learning
• Student loan pay-down benefits
• Insurance & other financial programs
• Compensation and rewards
• Committed to everyday flexibility
• Financial well being

Career progression

At PwC USA, interns embark on a transformative journey, gaining hands-on experience and exposure to various facets of the business. As interns gain valuable experience and develop their skills, they are well-positioned for future opportunities, such as full-time roles and leadership positions. PwC's commitment to fostering talent ensures that interns have the potential to build a successful and rewarding career journey within the organization.

Work-life balance

PwC USA recognizes the importance of work-life balance for its interns. The firm strives to create a supportive environment that promotes both professional growth and personal well-being. Through flexible work arrangements, wellness programs, and a culture that values work-life harmony, interns at PwC can enjoy a fulfilling and balanced experience during their internship.

Culture & vibe

The culture and vibe at PwC USA for interns are described as dynamic and inclusive. Interns can expect a collaborative atmosphere where diverse perspectives are valued, and teamwork is encouraged. PwC's commitment to innovation and professional growth creates an energizing environment that fosters a sense of belonging and excitement among its interns.

About you

Eligible criteria:

• Basic Qualifications: Bachelor's Degree
• Required Fields of Study: Accounting, Actuarial Science, Economics, Finance, Mathematics, Statistics.
• Additional Educational Requirements: Other quantitative fields of study may be considered.
• Preferred cumulative GPA: 3.0
• Preferred major GPA: 3.0

Client service intern positions are entry-level and job seekers are traditionally either in their 3rd year of a 4 year degree program or in the 4th year of a 5 year program. Client service interns typically join during the winter/spring or summer before their intended graduation year.

Preferred Knowledge/Skills:

Demonstrates some abilities and/or a proven record of success in the following:

• Possessing a basic understanding of actuarial science, applied statistics, risk and capital management, value analyses, and financial reporting standards;
• Desiring to pursue a career in actuarial consulting;
• Exhibiting creative problem-solving skills and the ability to prioritize and handle multiple tasks;
• Interacting with various levels of client and firm management in both written and verbal form; and,
• Exemplifying an ability to self-motivate and take responsibility for personal growth and development.

Sources

The following sources were used in researching this page.

• pwc.com/us/en/careers/entry-level/internships
• youtube.com/@PwCUS
• pwc.com/us/en/careers/why-pwc/employee-benefits.html
• jobs.us.pwc.com