Steadfast Group
Intern - Actuarial (Nov 2023)
Sydney
Opportunity expired
Opportunity details
- Internship, Clerkship or Placement
- AUD 60000 / Year
- 1 vacancy
- Apply by 30 Nov 2023
- Start date 30 Nov 2023 - 31 Dec 2023
Are you a university student with a dynamic personality and a passion for learning?
Are you excited to work with a diverse team of professionals and contribute to real projects in the Insurance industry?
If you answered yes to the above questions, then we have an exciting opportunity for you!
Steadfast, a leading Insurance firm, is thrilled to announce openings for our exclusive Summer Internship Program in our Underwriting Actuarial Team.
Our Summer Internship Program runs from December through to February to allow you to gain valuable experience during your summer university break.
A bit about us
Steadfast was founded on the belief that a network of brokers would be stronger together, and this idea has been the backbone of our culture ever since. We believe that none of us is as good as all of us.
As a summer intern, you will:
- Contribute to the development of the new pricing models.
- Gain practical experience and insights in your field of interest.
- Participate in testing dashboard developed by our data team.
- Collaborate with a diverse range of professionals.
- Support Qgis work (Cat modelling).
- Build your professional network and open doors for future opportunities.
- Assist in ad hoc duties.
A bit about you
- Actuarial university student.
- Minimum credit average.
- Strong numeric skills.
- Good written and verbal communication skills.
- Genuine passion for the insurance industry and a keen interest in pursuing a career in this dynamic field.
- Most importantly, you will be a natural Steadfast person who will excel in our culture as our TOGETHER Values sit comfortably with you.
Ready to Launch Your Career?
If you're excited about immersing yourself in the dynamic world of insurance through our Summer Internship Program, we want to hear from you!
Apply now and let your insurance journey begin!
Deadline: 30th November
Hiring criteria
- No experience required
- Australian Citizen +more
- Business & Management +more
- Bachelor or higher
Reviews
In my role, I work with a variety of challenging yet insightful actuarial projects across different underwriting agencies. Despite the many challenges, working as an actuary, I still feel comfortable to explore different learning experiences with the supportive guidance I have received from my team.
In the graduate program responsibilities can include data analysis, research and developing a deeper understanding of risk evaluation.
Every now an then you will be tasked with a 'big' project to complete, which is more satisfying and meaningful than some of the other projects or tasks that you are assigned. At the majority of the rotations you are completing very minor admin tasks, and only by the very end of the rotation do you start completing more meaningful work, only for you to rotate to the next place. I was able to complete 'Project Graph' which I was very grateful for as I found it to be a genuine responsbility of mine to produce effective and meaningful outcomes for SCS.
About the employer
Steadfast Group
4.6
500 - 1,000 employees
Banking & Financial Services
Steadfast offers opportunities for a meaningful career in insurance, working with some of the most influential people in the insurance industry.
Pros and cons of working at Steadfast Group
Pros
The opportunity to get involved in meaningful projects and learn from peers, no matter how new you are. There is a tremendous amount of support provided by both managers and peers to help you grow and learn.
Work hours are exceptionally flexible. Working from home is greatly appreciated as it allows me to maximize my personal life experience alongside work commitments.
I believe the culture at Steadfast is outstanding. I have not met anyone who has not been genuine or inviting to me in the workplace.
Being able to kickstart my career with industry experts as my mentors and guides.
Steadfast is overflowing with CSR initiatives. It feels like every other week I get an email about new opportunities to give back to the community.
Cons
I believe the 6-week rotations were too short, and the three-month rotations are better. However, if you are placed in a rotation you love, you want to stay longer.
As the only intern in my department, I feel somewhat isolated from the rest of the company, especially with other interns who are the same age as me.
It would be nice to have more extensive showers or gym facilities to be provided. The office could use a facelift or move to a newer building.
With the cost of living increasing and me being completely independent in Sydney, I would like to be earning more.
Steadfast has made some commitments to the environment, but like every company, more can always be done.