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Actuarial Science Intern Jobs in Michigan (NOW HIRING)

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Actuarial Science Intern information

What is an actuarial science intern?

Actuarial Science Interns are students or recent graduates who work alongside professional actuaries to gain practical experience in the field of actuarial science. Their main responsibilities include analyzing statistical data, assisting with risk assessments, preparing reports, and learning to use actuarial software. These internships provide hands-on exposure to insurance, finance, and pension industries, helping interns apply their mathematical and analytical skills to real-world problems. The experience gained is valuable for passing actuarial exams and pursuing a full-time actuarial career.

What does an actuarial science intern do?

As an Actuarial Science Intern, you can expect to work on a variety of projects such as data analysis, risk assessments, and assisting with the preparation of financial reports or actuarial models. Interns often collaborate closely with experienced actuaries and other team members, contributing to tasks like pricing insurance products, evaluating reserves, or analyzing claims data. The internship is structured to provide hands-on experience with industry-standard tools and software, as well as exposure to real-world decision-making processes. This role offers valuable insight into the actuarial profession and helps you build technical and professional skills that can support your future career growth.

What are the key skills and qualifications needed to thrive as an actuarial science intern?

To thrive as an Actuarial Science Intern, you need strong analytical and mathematical abilities, typically supported by progress toward a degree in actuarial science, mathematics, or statistics. Familiarity with actuarial software such as Excel, SAS, or R, and passing one or more actuarial exams are often expected. Attention to detail, problem-solving skills, and effective communication help interns interpret data and present findings clearly. These skills and qualifications are essential for accurately assessing risk, supporting business decisions, and contributing to actuarial teams.

What is the difference between Actuarial Science Intern vs Actuarial Analyst?

AspectActuarial Science InternActuarial Analyst
CredentialsTypically pursuing a degree in actuarial science or related field; may have passed 1-2 actuarial examsUsually has completed some exams; often holds or is close to obtaining an actuarial credential
Work EnvironmentInternship setting, often part-time or summer role, supervised by experienced actuariesFull-time position within insurance, consulting, or financial firms, with more independent responsibilities
Industry UsageCommonly used in insurance and finance firms for training and developmentStandard role in actuarial departments, involved in analysis and reporting

The main difference between an Actuarial Science Intern and an Actuarial Analyst lies in experience level, responsibilities, and credential status. Interns are typically students gaining initial exposure, while analysts are more experienced professionals performing core actuarial tasks.

What are the most commonly searched types of Actuarial Science jobs in Michigan?

The most popular types of Actuarial Science jobs in Michigan are:

What cities in Michigan are hiring for Actuarial Science Intern jobs?

Cities in Michigan with the most Actuarial Science Intern job openings:

Actuarial Science Intern jobs near you

Actuarial Internship - Summer 2027

Auto-Owners Insurance

Lansing, MI • On-site

Part-time

Posted 12 days ago

Auto-Owners Insurance rating

9.2

Company rating: 9.2 out of 10

Based on 35 frontline employees who took The Breakroom Quiz

22nd of 311 rated insurance

Job description

A career at Auto-Owners is challenging and rewarding. Our group of caring associates create financial security by helping individuals and businesses make a new start when a loss occurs.
Job Description
Auto-Owners Insurance, a top-rated insurance carrier, is seeking a motivated individual to join our Actuarial Division as an actuarial (ratemaking) intern. The position, which is an in-person internship, requires the person to:
  • Become familiar with using and understanding insurance manuals and principles.
  • Evaluate frequency, severity, and premium trends for purposes of projecting future losses based on historical loss data.
  • Effectively communicate with other employees through verbal and/or written means.
  • Organize and provide management with reports to aid in decision making.
  • Participate in both formal and informal training sessions.

This summer internship is in person in Lansing, Michigan and has full-time hours (Monday - Friday for 37.5 hours/week). Schedule start times can vary, as working hours should overlap that of your mentor's as best as possible. Two of the most common shifts are 8am - 4:30pm or 7:30am - 4pm. Interns choose their start and end dates. Most join in mid-May and most stay until mid-August.
Desired Skills & Experience
  • Students must be working toward a bachelor's degree in Actuarial Science, Math, Predictive Analytics, or a related field and have completed at least two years of the curriculum.
  • High aptitude for mathematics and actuarial sciences
  • Experience with statistical modeling and related software
  • Proficient in Microsoft Excel and Access
  • Above average communication skills (written and verbal)
  • Ability to adapt to constant change and innovation

Equal Employment Opportunity
Auto-Owners Insurance is an equal opportunity employer. The Company hires, transfers, and promotes on the basis of ability, without consideration of disability, age, sex, race, color, religion, height, weight, marital status, sexual orientation, gender identity or national origin, or any factor contrary to federal, state or local law.
*Please note that the ability to work in the U.S. without current or future sponsorship is a requirement.
#LI-DNP #IN-DNI

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