Actuarial Internship; Tampa

Job Requisition : 92524

Location Designation: Hybrid – 3 days per week

Shape your future with a dynamic internship experience at New York Life. We offer opportunities across a variety of exciting businesses, including Actuarial, AI & Data, Finance, Investments, Technology, Underwriting, and more. Your internship journey is designed to challenge you through hands‑on work experience that will equip you with valuable skills you can use anywhere. You will build your network through collaboration and connection with talented interns and experienced employees through team‑building activities, mentorship programs, and fun social events.

By the end of your internship, you’ll be equipped with new skills and a network that will propel you forward in your career journey.

New York Life’s Summer Actuarial Internship Program (Tampa) is a structured, 12‑week program starting in mid‑May and ending in mid‑August located in our Tampa, FL Office. Our internship provides students with the opportunity to participate in challenging assignments and practical on the job experience for our New York Life Direct operation. In 1994, the company opened its direct marketing (‘Direct’) operation in Tampa, FL, which markets Group Life insurance products to AARP members.

As part of New York Life Direct, you’ll join a team revolutionizing the life insurance experience for AARP members. We’re the industry leader in direct‑to‑consumer life insurance, offering streamlined coverage directly to individuals, bypassing traditional agent models. Your work will directly impact lives by making life insurance accessible, affordable, and understandable for millions of Americans.

• Challenging assignments and practical on the job experience
• Exposure to a variety of actuarial functions, including experience studies, valuation, pricing, model development, and forecasting
• An opportunity to meet NYL professionals and NYL actuaries including those in senior management
• An opportunity to present to an actuarial audience
• One‑on‑one meetings with NYL Direct’s Chief Actuary & Chief Financial Officer
• Attendance at all full‑time actuarial student meetings, department meetings, and social events
• Mentorship program
• Prospect of securing a full‑time position with New York Life

An intern’s job responsibilities are dependent on placement, and may include assisting with:

• Developing premiums and benefits for new or enhanced insurance products
• Designing new products and product features
• Projecting profitability generated by the company’s products
• Preparing studies on financial experience
• Performing actuarial research and statistical analysis
• Completing Statutory and Tax valuation requirements
• Building and testing actuarial models
• Performing special projects as assigned

• Passage of one or more Society of Actuaries exams (working toward ASA/FSA designation)
• A recent or upcoming college graduate, with a Bachelor’s degree with an accredited college or university (preferred majors in Actuarial Science, Mathematics, Statistics, Engineering, Sciences, Economics, or Finance)
• Preference for cumulative GPA of 3.0 or higher
• Strong written and oral communication, and strong interpersonal skills
• Strong analytical and problem‑solving skills
• Preference for knowledge of modeling packages, programming languages, and spreadsheet/database software

We provide a full package of benefits for employees – including leave programs, adoption assistance, and student loan repayment programs. The benefits package is designed to support both personal and professional growth.