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Financial Modeling Intern Jobs in Illinois (NOW HIRING)

FP&A Intern

Chicago, IL ยท Hybrid

$35K - $50K/yr

The Finance Intern will work closely with a Finance Manager. This will be a key role that will add ... Enjoy a hybrid working model * Learning resources outside your day-to-day roles * Exposure to real ...

FP&A Intern

Chicago, IL ยท On-site

$35K - $50K/yr

The Finance Intern will work closely with a Finance Manager. This will be a key role that will add ... Enjoy a hybrid working model * Learning resources outside your day-to-day roles * Exposure to real ...

Intern Data Analytics

Bloomington, IL ยท On-site +1

$20 - $21/hr

The intern will learn how to query, model, and analyze financial data regarding the financial strength and credit worthiness of clients or other business analytics questions. A typical day: * Collect ...

Showing results 21-40

Financial Modeling Intern information

What does a financial modeling intern do?

A Financial Modeling Intern assists with creating and analyzing financial models used to project a company's financial performance and support business decisions. This role often involves using Excel to build models, conducting research on financial data, and supporting senior analysts in preparing presentations or reports. Interns may also help evaluate investment opportunities, perform valuation analysis, and update existing financial models. The position is ideal for students interested in finance, investment banking, or corporate strategy.

What types of projects or tasks can I expect to work on as a financial modeling intern?

As a Financial Modeling Intern, you can expect to assist with building and maintaining financial models that support budgeting, forecasting, and valuation analyses. Typical tasks include gathering and analyzing financial data, preparing Excel spreadsheets, and helping to create presentations for internal or client use. You'll often work closely with senior analysts and finance teams, gaining exposure to real-world business scenarios and learning industry best practices. This experience offers valuable insight into corporate finance functions and can serve as a strong foundation for future advancement in the field.

What are the key skills and qualifications needed to thrive as a financial modeling intern, and why are they important?

To thrive as a Financial Modeling Intern, you need a strong grasp of finance and accounting principles, quantitative analysis, and proficiency with Microsoft Excel, often supported by coursework in finance or related fields. Familiarity with financial modeling software, databases like Bloomberg or Capital IQ, and sometimes CFA Level I candidacy or similar certifications is advantageous. Attention to detail, analytical thinking, and effective communication skills help interns interpret data and present findings clearly. These skills are essential for producing accurate models, supporting investment decisions, and contributing value to financial teams.

What is the difference between Financial Modeling Intern vs Financial Analyst Intern?

AspectFinancial Modeling InternFinancial Analyst Intern
Required CredentialsBasic finance knowledge, coursework in finance or related fieldsSimilar, often with additional coursework or certifications
Work EnvironmentInternship programs in finance, investment banks, or corporate finance teamsInternship roles in finance departments, investment firms, or banks
Employer & Industry UsageUsed in finance, investment banking, private equity, and corporate financeCommon in finance, banking, and investment sectors

The main difference between a Financial Modeling Intern and a Financial Analyst Intern lies in their focus. A Financial Modeling Intern primarily develops and maintains financial models, while a Financial Analyst Intern conducts broader financial analysis and research. Both roles are entry-level, require similar educational backgrounds, and are found in similar industry settings, but their core responsibilities differ slightly.

What are the most commonly searched types of Financial Modeling jobs in Illinois?

The most popular types of Financial Modeling jobs in Illinois are:

What job categories do people searching Financial Modeling Intern jobs in Illinois look for?

The top searched job categories for Financial Modeling Intern jobs in Illinois are:

What cities in Illinois are hiring for Financial Modeling Intern jobs?

Cities in Illinois with the most Financial Modeling Intern job openings:

Infographic showing various Financial Modeling Intern job openings in Illinois as of August 2026, with employment types broken down into 1% As Needed, 83% Full Time, 14% Part Time, and 2% Contract. Highlights an 89% Physical, 3% Hybrid, and 8% Remote job distribution.

Actuarial Risk Modeling Services - Intern - Summer 2027

PRICEWATERHOUSECOOPERS CORPORATE FINANCE LLC

Rosemont, IL โ€ข On-site

$29.25 - $48/hr

Full-time

Posted 7 days ago


Job description

Industry/Sector

82100 Non-Life Insurance (inc. P&C)

Specialism

Actuarial Services

Management Level

Intern/Trainee

Job Description & Summary

The Opportunity
As an RMS - Intern, you will immerse yourself in the dynamic world of Risk and Compliance, specifically within our Actuarial Services. You will engage in projects that provide insights and analysis to help businesses manage risk, optimize financial performance, and make informed decisions, driving financial stability and growth. As an Intern, you will support teams by participating in projects, focusing on learning and gaining exposure to PwC's practices. You will perform basic tasks and conduct research while observing professional work environments, contributing to the team's success.
Within our Assurance practice, you will have the chance to develop your skills in a supportive environment, where you can apply a learning mindset and take ownership of your development. You will appreciate diverse perspectives and adopt habits to sustain performance and develop your potential. In this role, you will actively listen, ask questions to check understanding, and clearly express ideas. You will gather information from various sources to analyze facts and discern patterns, committing to understanding how the business works and building commercial awareness. This opportunity is a stepping stone to establishing your personal brand and paving the way for future opportunities.
Responsibilities
- Supporting teams in developing and validating risk models to manage financial and operational risks
- Participating in projects that involve complex data analysis to extract meaningful insights
- Assisting in the application of actuarial science to assess risk in various industries
- Engaging in financial risk analysis to evaluate uncertainties in financial decisions
- Contributing to the preparation and presentation of financial reports for decision-making
- Collaborating with team members to implement risk model solutions effectively
- Observing and learning from experienced professionals in the field of risk and compliance
- Applying statistical analysis software to interpret and present data findings
- Gathering information from diverse sources to analyze facts and discern patterns
- Taking initiative to ask questions and seek feedback for continuous learning and development
What You Must Have
- Currently pursuing or have completed a Bachelor's degree in one of the following fields of study: Actuarial Science, Mathematics,Statistics
- At least a 3.0 overall GPA
- Before starting full-time at PwC, meet the educational requirements and demonstrate a commitment to undertaking and passing actuarial exams
- Client service intern positions are considered entry-level roles. Candidates are typically in their third year of a four-year degree program or fourth year of a five-year program at the time of application
What Sets You Apart
- Preference for a 3.5 overall GPA
- Leveraging AI to create efficiencies, innovate ways of working and deliver distinctive outcomes
- Demonstrating understanding of actuarial science principles
- Participating in risk model implementation projects
- Engaging in complex data analysis for financial insights
- Supporting financial risk management initiatives
- Applying statistical modeling techniques in actuarial services

Travel Requirements

Up to 20%

Job Posting End Date

September 26, 2026The salary range for this position is: $29.25 - $48.00. Actual compensation within the range will be dependent upon the individual's skills, experience, qualifications and location, and applicable employment laws.As PwC is anequal opportunity employer, all qualified applicants will receive consideration for employment at PwC without regard to race; color; religion; national origin; sex (including pregnancy, sexual orientation, and gender identity); age; disability; genetic information (including family medical history); veteran, marital, or citizenship status; or, any other status protected by law.PwC does not intend to hire experienced or entry level job seekers who will need, now or in the future, PwC sponsorship through the H-1B lottery, except as set forth within the following policy: https://pwc.to/H-1B-Lottery-Policy.Learn more about how we work: https://pwc.to/how-we-workFor only those qualified applicants that are impacted by the Los Angeles County Fair Chance Ordinance for Employers, the Los Angeles' Fair Chance Initiative for Hiring Ordinance, the San Francisco Fair Chance Ordinance, San Diego County Fair Chance Ordinance, and the California Fair Chance Act, where applicable, arrest or conviction records will be considered for Employment in accordance with these laws. At PwC, we recognize that conviction records may have a direct, adverse, and negative relationship to responsibilities such as accessing sensitive company or customer information, handling proprietary assets, or collaborating closely with team members. We evaluate these factors thoughtfully to establish a secure and trusted workplace for all.