Student Interns with Unum
Emma Chase recently received the opportunity to intern with Unum, an insurance company located in Chattanooga, Tennessee.
Chase, a junior math major with an emphasis in actuarial science from Chattanooga, has been working with Unum's group pricing team over the summer and has been offered an extended internship as a result of her work with the company.
"Emma has been a wonderful addition to our team," said Kristin Long, an associate actuary with Unum. "She continues to ask great questions every day and takes pride in the work she does. I am excited to continue to help her learn and grow within the organization."
Chase's main project has been to create two different Excel calculators which replicate the rates for Group Life and Accidental Death and Dismemberment (AD&D) policies. She has also sat in on various meetings about the ongoing pricing work and will soon help price a new product.
"My favorite part of the internship has been the increase in industry knowledge it has provided," said Chase. "Whether that knowledge has been of something as simple as what an actuary's day looks like or something as technical as the qualifications for a waiver of premium, I've loved getting to learn everything I can. It has also been a great way to learn some little tips that will help me when I buy my own insurance."
Lee University provides students the opportunity to participate in internships in order to gain real world experience in preparation for their future career. Chase credits Lee's math internship course for giving her a strong foundation, strengthening her resume and interviewing skills, and giving her experience navigating a group project focused on researching and improving business.
The actuarial program prepares students to take the first two actuarial exams: probability and financial mathematics and to receive validation by educational experience in three areas: economics, accounting and finance, and mathematical statistics. Actuarial students are required to have experience working with businesses, either in the form of an internship or by working on a real business project through the mathematics internship program.
"Emma is a great example of the students in our actuary program," said Dr. Caroline Maher-Boulis, professor of mathematics. "Such internship opportunities are very valuable to students as it prepares them for the workforce. It is also valuable for employers as they identify potential future hires. Our graduates can easily land a job upon graduation when they pass the two actuarial exams and get experience."
Unum is a Fortune 500 company helping millions of people gain affordable access to disability, life, accident, critical illness, dental, and vision benefits through the workplace.
For more information about Unum, visit unum.com.
For more information about Lee's actuarial program, visit leeuniversity.edu/academics/arts-sciences/mathematical-sciences/actuarial-science/.
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