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Actuarial Science Intern Jobs (NOW HIRING)

Paychex

Actuarial Analyst

Rochester, NY · On-site +1

$72.10K - $113.41K/yr

... Science. * 3 years of experience in Health and Benefits Actuarial (Pricing, Reserving, and/or ... Benefits for part-time, contract, and intern roles may vary. Not sure if you meet every requirement?

Paychex

Actuarial Analyst

Allentown, PA · On-site +1

$72.10K - $113.41K/yr

... Science. * 3 years of experience in Health and Benefits Actuarial (Pricing, Reserving, and/or ... Benefits for part-time, contract, and intern roles may vary. Not sure if you meet every requirement?

Segal Group

Health Intern

Washington, DC · Hybrid

$18 - $28/hr

Pursuit of your undergraduate or graduate degree in Business, Actuarial Science, Mathematics, Statistics, or related discipline * Actuarial exams: not required, but preferred * Proficiency in ...

Segal

Health Intern

Washington, DC · On-site

$18 - $28/hr

Pursuit of your undergraduate or graduate degree in Business, Actuarial Science, Mathematics, Statistics, or related discipline * Actuarial exams: not required, but preferred * Proficiency in ...

Segal Group

Health Intern

Washington, DC · Hybrid

$18 - $28/hr

Pursuit of your undergraduate or graduate degree in Business, Actuarial Science, Mathematics, Statistics, or related discipline * Actuarial exams: not required, but preferred * Proficiency in ...

Milliman

Analytics Intern

San Diego, CA

$21 - $43/hr

You will work with experienced consultants, actuaries, and analysts while developing practical ... science, engineering, public health). * Excellent written and verbal communication skills.

Milliman

Analytics Intern

San Diego, CA · On-site

$21 - $43/hr

You will work with experienced consultants, actuaries, and analysts while developing practical ... science, engineering, public health). * Excellent written and verbal communication skills.

City of New York

College Intern

Manhattan, NY · On-site

$10 - $20/hr

Company Description The New York City Office of the Actuary (NYCOA) provides actuarial services to ... computer science, management information systems, data processing, or closely related field ...

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How much do actuarial science intern jobs pay per hour?

As of Jun 1, 2026, the average hourly pay for actuarial science intern 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 are the key skills and qualifications needed to thrive as an Actuarial Science Intern, and why are they important?

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 types of projects and responsibilities can I expect as an Actuarial Science Intern?

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 Actuarial Science Interns?

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 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.

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Actuarial Science Intern jobs near you
Infographic showing various Actuarial Science Intern job openings in the United States as of May 2026, with employment types broken down into 2% Internship, 5% Full Time, 78% Part Time, 1% Temporary, and 14% Contract. Highlights an 96% Physical, and 4% Hybrid job distribution, with an average salary of $50,506 per year, or $24.3 per hour.
Actuarial Analyst

Actuarial Analyst

Paychex

Rochester, NY • On-site, Remote

$72.10K - $113.41K/yr

Full-time

Medical, Retirement, PTO

Posted 13 days ago

Paychex rating

7.3

Company rating: 7.3 out of 10

Based on 154 frontline employees who took The Breakroom Quiz

187th of 425 rated business services

Job description

Imagine Your Future with Us! Since 1971, Paychex has been at the forefront of simplifying HR, payroll, and benefits for American businesses. Our digital HR technology and advisory solutions cater to the changing needs of employers and their employees. With our award-winning training and endless opportunities for growth and development, you can build a lifelong career with us. We pride ourselves on fostering an inclusive and innovative culture. Our leaders are here to support your career journey; they and our dedicated employees embody the values that drive us to support each other, our clients, and our communities. Join us to pursue your passion and unleash your potential.
Overview

Reporting to the Paychex Insurance Actuary, the incumbent will provide health and benefits analytical and actuarial services across the enterprise, particularly in support of our PEO segment. This will include but is not limited to data analytics, actuarial projections, and experience reporting to various leadership levels throughout the organization.


Responsibilities
  • Assist with performance assessments of Paychex health insurance programs, IBNR and corporate reserve calculations, and the pricing and financial forecasting of at-risk insurance programs. This may also include assisting in rate renewal negotiations with carriers for guaranteed cost insurance programs.
  • Collaborate with our PEO Benefits, Underwriting, Pricing Desk, and PEO FP&A leadership to evaluate underwriting tools, underwriting performance, carrier performance, client segment performance, loss rates by plan designs, geography, sales district, etc.
  • Contribute to the development of a substantial data analytics/health predictive modeling capability for identifying key performance drivers and action plans to continuously improve performance and competitiveness.

Qualifications
  • Bachelor's Degree in STEM, Economics, Finance, or closely related field - Required
  • in Society of Actuaries Exam Progress- at least two - Preferred
  • 3 years of experience in Actuarial Services, Finance, Mathematics/Statistics, or Data Science.
  • 3 years of experience in Health and Benefits Actuarial (Pricing, Reserving, and/or Financial Forecasting) in a consulting or carrier environment.
  • Society of Actuaries Exam Status Actively pursuing Society of Actuary exams towards Associateship/Fellowship Preferred - Preferred
  • Society of Actuaries Exam Progress At least two Preferred - Preferred

Compensation
In the spirit of pay transparency, we are excited to share that the starting base pay for this position is $72,100 - $113,410 annually. Please keep in mind that this is the base pay only and does not consider other components that make up the total rewards package for the position. If you are hired at Paychex, your overall compensation will be determined based on factors such as geographic location, skills, education, and/or experience which may result in total compensation outside of this range.
Live the Paychex Values
  • Act with uncompromising integrity.
  • Provide outstanding service and build trusted relationships.
  • Drive innovation in our products and services and continually improve our processes.
  • Work in partnership and support each other.
  • Be personally accountable and deliver on commitments.
  • Treat each other with respect and dignity.

    • What's in it for you?
    • We value your well-being: We provide over 21 comprehensive rewards, including medical coverage, virtual wellness classes, tuition reimbursement, 401(k) + employer match, adoption assistance, financial assistance, and much more.
    • We value your time: From paid time off to company holidays, culture days, and comprehensive work-life balance programs, we will ensure you have the flexibility you need to be your best.
    • We value your development: Our award-winning training and development programs empower our employees with ongoing learning opportunities to give you the building blocks to grow your career.
    • We value your perspective: Our company culture reflects the diversity of our employees. We want you to be you and your voice to be heard.
    • We value our communities: We offer paid time off for volunteerism and promote many company-wide and local initiatives that benefit organizations you care about.

      • Note: The benefits described apply to full-time employees. Benefits for part-time, contract, and intern roles may vary.

      Not sure if you meet every requirement?
      At Paychex, we know that great talent comes in many forms. If you're passionate about the role but don't check every box, we still encourage you to apply. You might be the right fit - either for this position or another opportunity with us.

      Paychex is an equal opportunity employer. We are committed to fostering a respectful and inclusive workplace where all individuals are treated fairly and evaluated based on their qualifications, experience, and merit. We comply with all applicable federal, state, and local laws prohibiting discrimination in employment.Qualifications:
      • Bachelor's Degree in STEM, Economics, Finance, or closely related field - Required
      • in Society of Actuaries Exam Progress- at least two - Preferred
      • 3 years of experience in Actuarial Services, Finance, Mathematics/Statistics, or Data Science.
      • 3 years of experience in Health and Benefits Actuarial (Pricing, Reserving, and/or Financial Forecasting) in a consulting or carrier environment.
      • Society of Actuaries Exam Status Actively pursuing Society of Actuary exams towards Associateship/Fellowship Preferred - Preferred
      • Society of Actuaries Exam Progress At least two Preferred - Preferred
      Education:UNAVAILABLEEmployment Type: FULL_TIME

    What Paychex employees say

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    About Paychex

    Sourced by ZipRecruiter

    Consult with America's businesses, leveraging Paychex key referral channels and partnerships to educate stakeholders on our services, and provide consultative solutions to increase market share and drive revenue.

    Industry

    Human resources consulting services

    Company size

    10,000+ Employees

    Headquarters location

    Rochester, NY, US

    Year founded

    1971

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