Actuarial Intern
$22 per hourAuguStar Life Insurance Company
Actuarial InternAs an Actuarial Intern, you'll gain hands-on experience in the day-to-day operations of a financial services company. You'll collaborate with professionals in areas like Enterprise Risk Management, Product Management, or Corporate Actuarial Financial Reporting, contributing to real projects that impact the business.Your Key Responsibilities:Data Analysis: Conduct data manipulation, organization, and analysis to support critical decision-making.Modeling: Run actuarial models, analyze outputs for accuracy, and ensure consistency.Documentation: Verify factors used in computations, document processes, and help automate reports and spreadsheets.Tool Development: Create and refine calculation tools to support pricing and valuation efforts.Specialized Tasks: Depending on your area, you may develop rate filings, in-force files, and experience study results or assist in determining premiums, benefits, and pricing levels.Skill Development: Build your analytical, technical, leadership, and communication skills while gaining business and industry knowledge.Why Choose Us?Engaging Summer Programming: Connect with other actuarial interns and learn about the business environment and actuarial work through scheduled events.Mentorship: Receive guidance and support from experienced mentors throughout your internship.Impactful Projects: Work on projects designed to make meaningful contributions to the team from day one.What You Need to Succeed:Required:Academic Background: Pursuing a major in actuarial science or a related financial/mathematical field.SOA Exam: Completed at least one SOA exam.Technical Skills: Proficient in Microsoft Excel, Access, and Word.Proactive and Independent: Ability to take initiative, work independently, meet deadlines, and interact professionally with colleagues.Preferred:Programming Skills: Experience with programming languages like VBA, Python, or R.Relevant Experience: Prior work experience, including internships or co-ops, is a plus.Internship Details:Duration: A twelve-week program starting in May 2027Compensation: Pay rate starts at $22 per hourSchedule: Full-time (Monday -- Friday, 8:15 a.m. -- 5:00 p.m.)Work Environment:Flexible Options: Open to remote, onsite, or hybrid work arrangements.Team Placement: Work closely with an actuarial team, supported by analysts and a dedicated mentor.Supportive Environment: Enjoy management support and engage in meaningful project work and ad-hoc requests throughout the summer.
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