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Actuarial Intern Jobs in Springfield, MA (NOW HIRING)

Archgroup

Actuarial Director, Pricing (Hybrid)

Hartford, CT · Hybrid

$130K - $180K/yr

The Director Actuary will lead a team of actuaries to partner with business to deliver actuarial insights, develop actionable strategies, monitor executions and leading indicators to assess business ...

Archgroup

Actuarial Director, Pricing (Hybrid)

Hartford, CT · Hybrid

$130K - $180K/yr

The Director Actuary will lead a team of actuaries to partner with business to deliver actuarial insights, develop actionable strategies, monitor executions and leading indicators to assess business ...

IFG Companies

Senior Actuarial Analyst

Hartford, CT · On-site

$100K - $130K/yr

Draft POSITION SUMMARY The Senior Actuarial Analyst ("SAA") plays an important role in supporting the commercial pricing team for the Bind and Brokerage units of IFG Companies. The SAA will develop ...

Munich Re

Actuarial Manager, Pricing Tools

Hartford, CT · On-site

Actuarial Manager, Pricing Tools We are adding to our diverse team of experts and are looking to hire those who are committed to building a culture that enables the creation of innovative solutions ...

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All JobsActuarial Intern JobsActuarial Intern Jobs in Springfield, MA

Actuarial Intern information

See Springfield, MA salary details

$13

$24

$64

How much do actuarial intern jobs pay per hour?

As of Aug 10, 2026, the average hourly pay for actuarial intern in Springfield, MA is $24.20, according to ZipRecruiter salary data. Most workers in this role earn between $17.50 and $25.38 per hour, depending on experience, location, and employer.

What is the difference between Actuarial Intern vs Actuarial Analyst?

AspectActuarial InternActuarial Analyst
CredentialsTypically pursuing actuarial exams, student statusOften has completed some exams, may hold entry-level certifications
Work EnvironmentInternship setting, learning-focused, temporaryFull-time, professional environment, more responsibility
Employer & IndustryInsurance companies, consulting firms, government agenciesSame as intern, but with increased expectations

In summary, an Actuarial Intern is a temporary, learning-focused role for students working towards actuarial credentials, while an Actuarial Analyst is a full-time position with greater responsibilities and experience requirements within the same industry.

What is an actuarial intern?

Actuarial Interns are students or recent graduates who work temporarily in actuarial departments, typically within insurance companies, consulting firms, or financial institutions. They assist professional actuaries by analyzing statistical data, constructing models, and helping to assess financial risks. Internships provide practical experience with real-world data and exposure to industry-standard software and techniques. This role is valuable for those pursuing an actuarial career, as it helps them develop relevant skills and prepares them for professional actuarial exams.

What does an actuarial intern do?

An actuarial intern provides support to junior and senior level actuaries in an insurance firm or other business settings. As an actuarial intern, your job duties are to gather data, analyze risk, and prepare reports. Your responsibilities as an actuarial intern are to build mathematical models and to predict the probability and risk of future events. Your internship is an opportunity to collaborate with actuarial project teams, attend workshops, learn a variety of methods, and practice the technical skills of an actuary’s career.

What types of projects or tasks can an actuarial intern typically expect to work on during their internship?

As an Actuarial Intern, you can expect to support experienced actuaries with tasks such as data analysis, preparing reports, and assisting in the development of models for pricing, reserving, or risk assessment. Interns often work with large datasets, perform research, and may help automate processes using tools like Excel, SQL, or specialized actuarial software. Collaboration with other teams—like underwriting or finance—is common, offering valuable exposure to how actuarial work supports overall business decisions. This hands-on experience helps build both technical and communication skills, which are essential for a future actuarial career.

What are the key skills and qualifications needed to thrive as an actuarial intern, and why are they important?

To thrive as an Actuarial Intern, you typically need strong mathematical and statistical skills, proficiency in data analysis, and progress toward actuarial exams such as those from the Society of Actuaries (SOA) or Casualty Actuarial Society (CAS). Familiarity with actuarial software, Excel, and programming languages like Python or R is often required. Analytical thinking, attention to detail, and effective communication help interns interpret data and present findings clearly. These skills are crucial for supporting actuarial teams in assessing risk and informing business decisions.
More about Actuarial Intern jobs
What are the most commonly searched types of Actuarial jobs in Springfield, MA? The most popular types of Actuarial jobs in Springfield, MA are:
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What cities near Springfield, MA are hiring for Actuarial Intern jobs? Cities near Springfield, MA with the most Actuarial Intern job openings:
Actuarial Intern jobs near you
Infographic showing various Actuarial Intern job openings in Springfield, MA as of August 2026, with employment types broken down into 100% Full Time. Highlights an 75% In-person, and 25% Remote job distribution, with an average salary of $50,330 per year, or $24.2 per hour.

Sr Actuarial Analyst

USI Holdings Corporation

Glastonbury, CT • On-site

Full-time

Medical, Dental, Vision, Life, Retirement, PTO

Posted 4 days ago

Job description

Description and Requirements
General Description:
The Defined Benefits Senior Actuarial Analyst performs analysis and calculations necessary to complete client pension projects for review by Actuaries and completes peer review of other Actuarial Analysts' work. He/she is involved in numerous client projects simultaneously and must manage their contribution to project time and budget effectively to ensure a correct and complete client deliverable. The Senior Actuarial Analyst at this level is expected to complete the assigned duties independently with limited instruction.
Responsibilities:
  • Draft and peer review the actuarial valuation and maintain plan record keeping for assigned clients and finalize after actuarial review. Maintain turnaround time to meet the client's requirements and the department's timing standards.
  • Review the participant annual funding notice and actuarial AFTAP certification completed by the Actuarial Analyst.
  • Review IRS Form 5500, along with appropriate schedules, completed by the Actuarial Analyst and deliver it in an appropriate timeframe to the client.
  • Review the Pension Benefit Guaranty Corporation (PBGC) Comprehensive Premium Form for determining premium payments to comply with PBGC regulations. This form should be completed in accordance with the Department's timing standards.
  • Draft and review the ASC 715 Pension Expense Calculation (including settlement transactions) and Disclosure Statement. Ensure timely delivery of this statement to assigned clients.
  • Formulate and review benefit calculations and projected benefit estimates, including QDROs.
  • Facilitate communication between the client and the actuary for assigned clients. Draft correspondence between USICG and the client.
  • Demonstrate competency with mortality and interest theory concepts.
  • Complete special project assignments as requested by the client or actuary.
  • Ability to work within various software applications to become efficient in completing client assignments.
  • Foster and maintain a friendly and collaborative atmosphere within the department and company.

Knowledge, Skills and Abilities:
  • Bachelor Degree in Mathematics, Actuarial Science, Computer Science or Finance.
  • 3-5 years of post-education pension actuarial experience.
  • Completion of actuarial exams is not required.
  • Functional in MS Office software (Word, Excel).
  • Strong analytical and communication skills.
  • Ability to multi-task and juggle priorities.
  • Flexibility to work overtime to meet client demands.
  • Team orientated.

#LI-EN1
Why USI?
USI Consulting Group (USICG) is an industry-leading, full-service retirement plan consulting and benefits administration firm that has been helping employers enable their workforce to successfully plan and invest for retirement for 50 years. USICG's integrated team of highly skilled professionals provides specialized expertise in delivering independent, comprehensive guidance and innovative, flexible retirement plan solutions to meet the changing needs of employers and their employees. USICG is an affiliate of both USI Securities, Inc. (a broker-dealer, Member FINRA/SIPC) and USI Advisors, Inc. (a federally registered investment adviser) and a wholly owned subsidiary of USI Insurance Services ("USI"). To learn more, visit usicg.com or follow us on LinkedIn.
Unrivaled Resources and Support
What truly distinguishes USI as a premier insurance brokerage and consulting firm is the USI ONE Advantage®, a game-changing value proposition that delivers to clients a robust set of risk management and benefit solutions with bottom-line financial impact. USI ONE® represents Omni, Network, Enterprise-the three key elements that set USI apart from the competition. Through USI ONE, we develop strategic, timely, and effective risk management and benefit programs in terms that are easy to understand, and we demonstrate how the solutions can have a positive economic impact.
Industry-Leading Programs, Rewards, and Recognition
In addition to competitive pay, incentives, and benefits, USI recognizes associates through our Summit Awards program, rewarding excellence in those who build our brand each day. USI offers employee programs that recognize outstanding achievement and help our associates lead healthy, productive lives. We turn care into action with our award-winning wellness program, college scholarships for associates' children, and financial help in times of need.
Deep Community Engagement
We are committed to giving back to our local communities and supporting a culture of environmental sustainability. From sharing our time, talent, and resources to support local non-profit organizations, animal shelters, and environmental beautification and restoration projects - to partnering with eco-conscious vendors and taking steps to reduce our own environmental footprint - we're working together as ONE to build a better future.
Committed to a Diverse and Inclusive Workplace
Our award-winning I'm With U diversity and inclusion program educates our associates to help them better understand and serve our clients, prospects, fellow team members, and local communities through curated education and training resources, employee support programs, and community outreach initiatives to build a more diverse, equitable, and inclusive culture.
Nationally Recognized as a Top Insurance Employer
  • Recognized as one of Insurance Business America's Top Insurance Employers eight consecutive years (2018-2025).
  • Named to Business Insurance's annual list of the Best Places to Work in Insurance six years in a row (2020-2025).
  • Named to Fortune's Best Workplaces in Financial Services & Insurance list for the last two years (2024-2025).
  • Certified as a Great Place To Work two years in a row (2024-2025).

Visit our Awards and Accolades page for a complete list of our latest industry awards and recognitions!
USI is committed to providing a full-suite of competitive benefits for our growing population and its diverse needs. We offer a wide range of health, welfare and financial benefits including potential compensation incentives, medical, wellness, dental and vision, 401(k), flexible spending and health savings accounts, short and long-term disability, life insurance and other unique employer-sponsored and voluntary programs. USI also offers a generous paid time off policy, paid family leave benefit as well as paid holiday time.
Salary Range is $70,000 - $80,000 plus potential compensation incentives

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