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R&D Intern – Summer 2026
JOB_REQUIREMENTS
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Overview
Mercury Ignite.
Mercury Ignite – Your launchpad to a brighter career. Our summer internship program is a 12-week paid internship designed to allow students to gain practical work experience in the Insurance field.
Job Summary
We are seeking curious, passionate, and hard-working students from quantitative academic fields to participate in our fully remote summer internship program. The program will be highly collaborative and immersive, with interns working on real business problems that can span multiple business units within the complex insurance landscape.
But it won’t be all work! Mercury executives will host virtual lunch-and-learns with a small group of interns to discuss career aspirations, interns will get to meet Mercury people leaders and team members throughout the organization, and there will be a multitude of virtual social events.
Geo-Salary Information
An in-person interview may be required during the hiring process
Responsibilities
Job Function
The R&D Intern supports research initiatives and pricing strategy development for Mercury’s insurance offerings within a designated business line. Responsibilities include preparing and engineering data, conducting exploratory analyses, and assisting with modeling and segmentation efforts to enhance pricing precision and product differentiation. Interns work collaboratively throughout the program and deliver a capstone presentation to leadership upon completion.
- Utilizes Python/R/SQL/SAS or other software to extract, manipulate and analyze large sets of data in order to recommend improvements in our product pricing.
- Assists in predictive modeling projects and analyzing product performance under supervision and guidance; Tests new rating models to determine.
- accuracy of prediction, loss ratio improvement and segmentation.
- Performs primary field research, including customer, distribution, competitor and insurance department under supervision and guidance.
- Prepares reports, graphs, charts and presentations based on research and analysis
- Over the course of the summer, interns will ultimately build a minimum viable product (MVP) and have a “capstone” opportunity to present those findings to the Mercury leadership team.
- Other functions may be assigned
Qualifications
Education Requirements
- Be legally eligible to work in the U.S
- Currently pursuing a BS/BA/MS in a quantitative field (Statistics, Mathematics, Data Science, Engineering, Actuarial Science, Economics/Finance).
- Able to provide current GPA, as reported by your school. Minimum 3.0 GPA required, 3.5 or higher preferred.
- Ability to work 40 hours a week, 12-week internship, beginning in June 2026.
- Enrolled student attending a university program with an expected graduation date on or after August 2025
- Planning to seek full-time employment between December 2026 and September 2027
Preferred Experience:
- Solid track record of academic excellence
- Strong commitment to teamwork, learning and collaboration.
- Academic or project experience in data manipulation and analysis using tools such as Python, R, SQL, SAS or equivalent
- Familiarity with modeling concepts such as GLMs, logistic regression, and gradient boosting algorithms
- Insurance coursework/projects; exposure to pricing/research workflows
Preferred Skills & Abilities
- Excellent verbal and written communication
- Ability to manipulate and analyze data to address and solve business problems
- Willingness to independently learn and make an impact within a team environment
- Working knowledge of SQL and one language (Python or R); clear communication
- SAS familiarity, dashboarding tools (Power BI/Tableau), basic model validation techniques
- Proficient in Microsoft Office Suite
Physical Requirements
Physical Actions
Required job duties are essentially sedentary in nature, consisting of occasional walking, standing, lifting and/or carrying ten pounds maximum.
About the Company
#LI-ZK1
Perks and Benefits
Why a Mercury Ignite internship
- Obtain practical work experience in your field of interest
- Network with other interns and industry professionals
- Receive personalized coaching and mentorship
- Work on real projects and initiatives
- Earn a competitive wage
If you’re interested in launching your career with Mercury Insurance - Apply today!
Mercury is an equal opportunity employer, committed to the strength of a diverse workforce.
Pay Range
USD $30.00 - USD $30.00 /Hr.
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