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Cigna

Actuarial Internship - Summer 2027

Austin, TX · On-site +1

The Cigna Group's Actuarial Executive Development Program (AEDP) offers a premier 11-week internship that prepares future actuaries to apply data with sound judgment, connect analysis directly to ...

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How much do actuarial internship jobs pay per hour?

As of Sep 13, 2026, the average hourly pay for actuarial internship in the United States is $24.28, according to ZipRecruiter salary data. Most workers in this role earn between $17.55 and $25.48 per hour, depending on experience, location, and employer.

What is an actuarial internship?

An Actuarial Internship is a temporary position designed for students or recent graduates pursuing a career in actuarial science. Interns gain hands-on experience in data analysis, risk assessment, and financial modeling while working under the supervision of experienced actuaries. They may assist with calculating insurance premiums, analyzing statistical trends, and preparing reports. This internship helps develop technical skills, provides exposure to industry tools, and enhances understanding of actuarial concepts. It is often a stepping stone to a full-time actuarial role.

What types of projects or tasks can I expect to work on as an actuarial intern?

As an actuarial intern, you can expect to support experienced actuaries with tasks such as data analysis, building and maintaining actuarial models, preparing reports, and assisting with risk assessments for insurance or retirement products. Interns often work closely with other team members and may participate in meetings to review assumptions, methodologies, and results. The work environment typically encourages learning, providing opportunities to use technical skills while gaining exposure to industry-standard tools and practices. This hands-on experience gives interns valuable insights into the actuarial profession and helps build a foundation for future advancement.

What are the key skills and qualifications needed to thrive in an actuarial internship?

To thrive as an Actuarial Intern, you need strong analytical and mathematical abilities, attention to detail, and progress towards or completion of relevant actuarial exams (such as SOA or CAS). Proficiency with statistical analysis software, spreadsheets (Excel), and actuarial modeling tools is typically required. Excellent problem-solving, communication, and teamwork skills help interns collaborate effectively and present findings clearly. These competencies are crucial for accurately evaluating financial risks and contributing meaningful insights to insurance, pension, or financial teams.

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Actuarial Internship jobs near you
Infographic showing various Actuarial Internship job openings in the United States as of September 2026, with employment types broken down into 20% Internship, 60% Full Time, and 20% Part Time. Highlights an 100% In-person job distribution, with an average salary of $50,506 per year, or $24.3 per hour.

Actuarial Intern, Summer 2027

Milwaukee, WI • On-site

Northwestern Mutual Life Insurance Company
Finance and Insurance • 5 - 10K employees
Learn more about Northwestern Mutual Life Insurance Companyexternal

$30/hr

Full-time

Re-posted 23 hours ago

Key responsibilities

  • Work alongside managers, mentors, and team members to complete tasks related to actuarial work.

  • Research problems, analyze data, and present findings related to actuarial projects.

  • Participate in professional development activities, networking events, and learn about the company's products.

Northwestern Mutual rating

8.1

Company rating: 8.1 out of 10

Based on 77 frontline employees who took The Breakroom Quiz

Job description

Carefully selected from universities across the country, our interns bring distinctive ideas and perspectives to our organization. Our employees are passionate about building our emerging talent and future leaders. In addition to their day-to-day tasks, interns participate in professional development workshops, senior leadership Q&A's, volunteer initiatives, networking/social events, and more!
Actuarial Internship
As an actuarial intern, you will work alongside your manager, mentors, and team to complete tasks critical for Northwestern Mutual's success. We are here to help you both identify and continue to develop your future career goals and passions.
Actuarial interns work under the direction of a credentialed actuary in any one of the following roles:
  • Life, Long Term Care, Disability Income, or Annuity Pricing
  • Risk Experience Analytics
  • Corporate Modeling
  • Valuation

Interns will utilize their skills to research problems, analyze data, and present their findings. Study hours are incorporated into the workday. In addition, actuarial interns have opportunities to learn about the different products the company offers and to network with actuaries in senior leadership positions both within the actuarial department and throughout the company.
Bring Your Best! What this role needs. Minimum qualifications
  • Pursuing a Bachelor's degree in Actuarial Science or related field from an accredited college or university
  • Cumulative grade point average of 3.0 or higher
  • Employer immigration sponsorship is not available for this role
  • Working knowledge of Excel or similar office tools

Preferred skills and proficiencies
  • Successful completion of an SOA exam preferred
  • Previous actuarial internship and/or relevant project experience preferred
  • Effective oral and written communication skills
  • Demonstrated analytical and problem-solving ability
  • High degree of self-motivation, passion, and a drive to learn
  • Ability to balance multiple priorities

Next steps
We encourage you to apply! Once your application is reviewed, if selected to move forward, a member of the team will reach out regarding next steps of our recruiting process.
Compensation Range:
Pay Range - Start:
$16.50
Pay Range - End:
$30.00
We believe in fairness and transparency. It's why we share the salary range for most of our roles. Internship salaries are determined based on academic tenure and major. The standard pay structure is listed.
Build a strong career foundation with a best-in-class company that puts our clients' interests at the center of all we do. Get started now!
Northwestern Mutual is an equal opportunity employer that welcomes talented individuals of all backgrounds. We are committed to creating and maintaining an environment in which each employee can contribute creative ideas, seek challenges, assume leadership and continue to focus on meeting and exceeding business and personal objectives.

What Northwestern Mutual employees say

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Get the full story on Breakroom

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About Northwestern Mutual

Sourced by ZipRecruiter

Northwestern Mutual has been helping families and businesses achieve financial security for over 160 years through a distinctive planning approach that integrates risk management with wealth accumulation, preservation, and distribution. With more than $290 billion in assets, $30 billion in revenues and more than $1.9 trillion worth of life insurance protection in force, Northwestern Mutual delivers financial security to more than 4.6 million clients. People are the power behind Northwestern Mutual, and diversity makes us better. We are committed to reflecting and serving the marketplace. We do so by attracting and improving the engagement of those who bring their outstanding perspectives, ideas, and beliefs.

Industry

Finance and insurance

Company size

5,001 - 10,000 Employees

Headquarters location

Milwaukee, WI, US

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