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Actuarial Science Internship Jobs in Racine, WI (NOW HIRING)

Milliman

Actuarial Analyst (CMH Health)

Brookfield, WI · On-site

$60K - $136K/yr

Bachelor's ormaster'sdegree in actuarial science, mathematics, economics, finance, accounting, or ... Previous internship or relevant work experience * Leadership experience and involvement in extra ...

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Actuarial Science Internship information

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$12

$22

$61

How much do actuarial science internship jobs pay per hour?

As of Aug 17, 2026, the average hourly pay for actuarial science internship in Racine, WI is $22.77, according to ZipRecruiter salary data. Most workers in this role earn between $16.44 and $23.89 per hour, depending on experience, location, and employer.

What are the key skills and qualifications needed to thrive in an actuarial science internship, and why are they important?

To thrive as an Actuarial Science Intern, you need strong mathematical, statistical, and analytical skills, typically supported by coursework in actuarial science, mathematics, statistics, or a related field. Familiarity with Excel, statistical software (like R or SAS), and basic programming languages, as well as progress toward actuarial exams, is often expected. Attention to detail, effective communication, and a willingness to learn are standout soft skills in this role. These abilities are essential because actuarial work relies on precise data analysis and clear reporting to support accurate risk assessments and business decisions.

What kind of projects or tasks can I expect to work on during an actuarial science internship?

As an Actuarial Science Intern, you can expect to assist with data collection and analysis, help build or validate financial models, and support experienced actuaries in preparing reports for insurance, pension, or financial clients. You'll likely analyze large datasets, check accuracy of existing models, and occasionally participate in meetings where you'll present findings or discuss projects with actuaries and other team members. Many internships also involve exposure to industry software and real-world business problems, giving you a practical understanding of actuarial practices. This hands-on experience is valuable for developing core technical competencies and gaining insight into the collaborative nature of actuarial teams.

What are popular job titles related to Actuarial Science Internship jobs in Racine, WI?

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Actuarial Science Internship jobs near you
Infographic showing various Actuarial Science Internship job openings in Racine, WI as of August 2026, with employment types broken down into 28% Internship, and 72% Full Time. Highlights an 100% In-person job distribution, with an average salary of $47,359 per year, or $22.8 per hour.

Actuarial Intern, Summer 2027

Northwestern Mutual Life Insurance Company

Milwaukee, WI • On-site

$30/hr

Full-time

Posted 5 days ago

Northwestern Mutual rating

8.0

Company rating: 8.0 out of 10

Based on 75 frontline employees who took The Breakroom Quiz

164th of 309 rated insurance

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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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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