Financial Modeling Intern Jobs in Spring Valley, CA

Embark on a Journey That Makes a Difference.

At Redion, every day is an opportunity to help people explore the world with confidence. Were not just in the business of protectionwere in the business of adventure and peace of mind. Whether its a backpacker trekking through the Andes, a family cruising the Mediterranean, or a solo traveler chasing the Northern Lights, were there to ensure their journey is safe and supported. From assisting with emergency medical claims to guiding customers through trip disruptions or ID theft, your work helps turn travel challenges into stories of resilience.

Set Sail on a Career Path to Success.

Our teams value curiosity and collaboration while priding ourselves on fostering a welcoming and inclusive atmosphere for our employees. Elevate your journey through our internal programs, including:

• Diversity, Equity, and Inclusion (DEI) Committee
• Career pathing and Individual Development Plans
• Internal training and intern opportunities
• Women in Business Mentorship Program
• Employee awards and recognition
• Education and Professional Development Assistance Program

Passport to Perks Includes:

• Generous Employer contribution for health, dental, and vision insurance
• Paid Maternity and Paternity Leave

• Scholarship Program for Employee Dependents
• Company match on 401k
• Employee Assistance Program (EAP)
• Company paid short-term and long-term disability insurance
• Company paid life insurance
• Voluntary Pet Insurance
• Voluntary Legal Benefit
• Discounts on travel insurance
• Time off policies including vacation days, sick days, personal days, holidays and volunteer days (VTO)

Your Role on the Expedition:

This position is responsible for providing critical analysis and internal reporting for companywide processes such as reserving, forecasting, portfolio analyses, and miscellaneous supporting initiatives. A successful candidate must synthesize expert level understanding of insurance, finance, and building models to address questions from a wide variety of departments including Underwriting, Finance, Sales, and top management. Required skills include in-depth knowledge of reserving, relational databases, data warehouses, Excel, financial models, and a working knowledge of predictive modeling. This position works with all management levels across the North American organization with significant exposure to Holding Company and is a direct report to Sr Actuarial Analyst.

Chart Your Course:

• Quarterly and annual reserving for IFRS17 and Solvency2 using established actuarial methods.
• Provides range of reasonable reserves, selects best estimates, and provides clear explanations of changes from one analysis to the next.
• Compares own assumptions with alternate competing assumptions and assesses impact best estimate.
• Tracks evolution of booked value within range, and in comparison, to best estimate.
• Support Capital and Investment functions on topics involving UBEL.
• Support in IT projects related to losses.
• Performs the estimation of losses for Budget and Forecast.
• Develops criteria to validate results considering prior expectations.
• Identifies root causes of results materially outside of expectation.
• Assists colleagues with validation, version control and consistency of assumptions throughout process.
• Examines and interprets technical results in the context of the specific complex business questions being addressed.
• Identifies new questions and/or unforeseen data complexities arising from technical results and takes steps to address them with appropriate responsible parties.
• Uses data systems, query tools to design and execute work projects associated with the above.
• Provides clear communication of results both in writing and verbally, being clear and concise by identifying appropriate level of detail for intended audience, using data visualization wherever possible.

Your Ticket to Success:

Required Qualifications:

• High School Diploma or Equivalent (GED) required.
• Bachelor's degree (B.S.) in mathematics, actuarial science, economics, finance or similar degree from an accredited college or university required, or related degree.
• Completion of at least 1-3 actuarial exams.
• 2+ years related actuarial experience.
• Reserving principles including understanding the reserving process and financial impacts.
• Clear communication skills.

Preferred Qualifications:

• Knowledge of IFRS17 and Solvency2 preferred.
• Knowledge of PBI, SQL, R and ResQ preferred.
• Experience working with finance, sales, operations and executive level communications preferred.

Salary: 85k-120k/yr

Position Coordinates:

This is a hybrid role based out of our San Diego, CA office. As a hybrid role, you will be working onsite 2-3 days a week and working from home 2-3 days a week.

Time for Take-off:

While there is some flexibility in the hours, this position will be Monday-Friday during regular business hours (approximately 8:00am-5:00pm). Occasional overtime may be required according to business need.

One team. Every destination.

Redion is proudly part of the Genreali Group and our products utilize a number of corporate and product brands. The brands for our North American team include the following:

• Redion Insurance Services, Inc.: US travel insurance brand for retail, tour operator, cruise and lodging partners. Learn more here.
• Redion US Holdings: The primary Corporate brand in the United States for our travel insurance, travel assistance, identity and cyber protection, and beneficiary companion products. Learn more here.
• Redion Medical Management, Inc.: the industry standard for global medical cost containment and medical risk management solutions. Learn more here.
• Iris, Powered by Generali: identity and digital protection solution. Learn more here.

Explore new horizons apply today!

Dont meet every single requirement? At Redion, we are dedicated to building a diverse, inclusive and enriching workplace, so if youre excited about this role but your past experience doesnt align perfectly with every qualification in the job description, we encourage you to apply anyways. You may be just the right candidate for this or other roles.

California Residents - Privacy Notice for California Residents Seeking Employment with Redion is available here: CCPA Privacy Policy | Redion

The Company is committed to providing equal employment opportunity in all our employment programs and decisions. Discrimination in employment on the basis of any classification protected under federal, state, or local law is a violation of our policy. Equal employment opportunity is provided to all employees and applicants for employment without regard age, race, color, religion, creed, sex, gender identity, gender expression, transgender status, pregnancy, childbirth, medical conditions related to pregnancy or childbirth, sexual orientation, national origin, ancestry, ethnicity, citizenship, genetic information, marital status, military status, HIV/AIDS status, mental or physical disability, use of a guide or support animal because of blindness, deafness, or physical handicap, or any other legally protected basis under applicable federal, state, or local law. This policy applies to all terms and conditions of employment, including, but not limited to, recruitment and hiring, classification, placement, promotion, termination, reductions in force, recall, transfer, leaves of absences, compensation, and training. Any employees with questions or concerns about equal employment opportunities in the workplace are encouraged to bring these issues to the attention of Human Resources. The Company will not allow any form of retaliation against individuals who raise issues of equal employment opportunity. All Company employees are responsible for complying with the Companys Equal Opportunity Policy. Every employee is to treat all other employees equally and fairly. Violations of this policy may subject an employee to disciplinary action, up to and including termination of employment.