Early Talent Internship: Actuarial Services

Intern

The Intern gains experience and an overall feel for the company and the financial services industry by attending meetings, delivering presentations, exploring business-specific tasks, and working closely with cross-functional groups to better understand the organization. Over the 10-week summer internship program, this job participates in a robust training and onboarding program followed by an ongoing speaker series, lunch-and-learns, and cohort engagement activities.

This job may have the opportunity to work in the following business areas:
Technology, Asset Management, Financial Analysis/Accounting, Audit, Risk and Compliance, Human Resources and Advice and Client Relationships.

• Performs clerical duties such as taking memos, organizing documents, maintaining files, photocopying, faxing, etc. as needed
• Assists in preparing information and research materials, including Powerpoint presentations.
• Takes notes during meetings and provides to team members.
• Researches and gathers documentation as directed by colleagues.
• Attends company functions, including trainings programs, speaker series, lunch-and-learns and social networking events that provide opportunities for career growth and personal development.
• Shadows multiple office jobs and trains in a variety of tasks.
• Gains experience and an overall feel for the company and the financial services industry
• Minimum 3.0 GPA required

• High School Preferred

• No Experience Required

• Physical Requirements:
  
  Sedentary Work

2IC

Actuarial Development Program Interns provide actuarial and related assistance with respect to capital adequacy/financial strength, experience studies, actuarial modeling, asset liability management (ALM), valuation, product development, pricing, and non-guaranteed element determination. This internship is for 10 weeks during the summer.

Depending on the particular assignment, the Actuarial Development Program Intern may acquire and apply actuarial skills to perform the following functions:

• Actuarial/risk analyses with respect to the company's actuarial liabilities and capital position to ensure adequate financial strength of annuity and life insurance product lines, as well as overall financial strength of the company.
• Experience studies and assumption development for the annuity and life insurance lines of business.
• Asset and liability modeling and analyses of annuity and life insurance lines of business including financial projections and stress testing.
• Various ALM projects such as economic scenario generation, duration analysis, and interest rate stress testing.
• Valuations of actuarial reserves and liabilities.
• Asset adequacy testing and analyses of annuity and life insurance lines of business.
• Development of annuity products and policyholder illustrations; determination of non-guaranteed elements such as crediting rates and dividend scales.
• Other business functions including plan pricing support, risk management and potentially others.

• Currently enrolled in a degree-seeking program pursuing a Bachelor’s or Master’s degree
• Expected Graduation date between December 2027 – June 2029
• Minimum GPA of 3.0

• At least one Society of Actuaries (SOA) exam passed
• Pursuing degree in mathematics, actuarial science or related field
• Strong communication and problem‑solving skills
• Leadership potential
• Technical skills

Accountability, Adaptability, Business Acumen, Collaboration, Communication, Consultative Communication, Data Analysis, Influence, Market/Industry Dynamics, Problem Solving,…