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Internship Actuarial Development Program Jobs in California

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Internship Actuarial Development Program information

What types of projects or tasks can interns expect to work on during the Actuarial Development Program?

Interns in the Actuarial Development Program typically support experienced actuaries by assisting with data analysis, building and updating actuarial models, and preparing reports for risk assessment and pricing. They may also participate in projects related to insurance product development, financial forecasting, or regulatory compliance. Collaboration with cross-functional teams such as underwriting, finance, and IT is common, offering exposure to different aspects of the business and valuable networking opportunities. These experiences help interns develop both technical and professional skills relevant to a future actuarial career.

What are the key skills and qualifications needed to thrive as an Internship Actuarial Development Program participant, and why are they important?

To excel in an Internship Actuarial Development Program, strong analytical abilities, proficiency in mathematics and statistics, and progress toward actuarial exams (such as SOA or CAS) are generally required. Familiarity with actuarial software (like Excel, VBA, SAS, or R) and statistical modeling tools is highly valued. Standout candidates demonstrate problem-solving skills, attention to detail, and effective communication for translating complex data to non-technical stakeholders. These competencies enable interns to contribute meaningful analysis, adapt to challenging tasks, and build a solid foundation for a future actuarial career.

What is an Internship Actuarial Development Program?

An Internship Actuarial Development Program is a structured internship designed to give students hands-on experience in the actuarial field, often within insurance or financial services companies. Interns work on real-world projects, such as analyzing data and assessing risk, while learning from experienced actuaries. These programs help participants develop technical and professional skills, and often serve as a pipeline for full-time actuarial positions after graduation. Participants may also receive support in preparing for actuarial exams during the internship.
What are the most commonly searched types of Actuarial Development Program jobs in California? The most popular types of Actuarial Development Program jobs in California are:
What cities in California are hiring for Internship Actuarial Development Program jobs? Cities in California with the most Internship Actuarial Development Program job openings:
Health and Benefits - Financial/Actuarial Senior Director

Health and Benefits - Financial/Actuarial Senior Director

Willis Towers Watson

San Francisco, CA • On-site

$140 - $200/hr

Other

Medical, Dental, Vision, Life, Retirement, PTO

Posted 2 days ago

New


Willis Towers Watson rating

8.3

Company rating: 8.3 out of 10

Based on 44 frontline employees who took The Breakroom Quiz

39th of 148 rated financial services


Job description

Description

As a Health and Benefits Financial/Actuarial Senior Director, you will serve as the financial lead for large, complex client assignments. You’ll leverage your experience as a benefits financial/actuarial expert to make strategic recommendations on funding, plan design and innovative financial solutions. You will apply your financial management and data analytics expertise to solve complex client problems and to lead the development of new H&B intellectual capital.

The Role
  • Communicates and delivers complex concepts and financial/actuarial/analytic results to effectively drive client action and improve plan performance
  • Leads Medium to Large clients’ financial/actuarial engagements
  • Develops and delivers the financial/actuarial strategy for a portfolio of Medium and/or Large clients
  • Drives revenue growth through client sales of additional actuarial, financial, and/or risk solutions
  • Provides consulting quality reviews and client delivery for all types of financial/actuarial deliverables
  • Guides team (regional and global) on deliverables based on client need; review models and presentations for client delivery
  • Builds relationships internally and collaborates effectively on cross-functional teams
Qualifications
  • 10+ years’ experience and demonstrated success in the delivery of complex health and welfare financial/actuarial strategies and analysis in a consulting or brokerage environment
  • Proven ability to generate revenue
  • Track record of success in managing and growing client relationships
  • Deep understanding and expert knowledge in all aspects of employee benefit plan design, underwriting and funding concepts
  • Proven ability to lead data analytic projects
  • Interest and aptitude in keeping abreast of latest developments in health and welfare plan strategy and leading the development of new intellectual capital
  • Ability to leverage judgement and past experiences to predict which methods will work
  • Multiple years of experience across one or multiple client segments
  • An executive presence with polished and well developed written and oral communication skills
  • Superior ability to influence and collaborate with senior management and work across all levels of an organization
  • Excellent Microsoft Office skills, particularly in Excel and PowerPoint
  • State Life and Health license required within 90 days of joining
  • Actuarial designation and current continuing education (optional)
Compensation and Benefits

Base salary range and benefits information for this position are being included in accordance with requirements of various state/local pay transparency legislation. Please note that base salaries may vary for different individuals in the same role based on several factors, including but not limited to location of the role, individual competencies, education/professional certifications, qualifications/experience, performance in the role and potential for revenue generation.

Compensation

The base salary compensation range being offered for this role is $140,000-$200,000 USD per year.

This role is also eligible for an annual short-term incentive bonus

Company Benefits
  • Health and Welfare: Mental health/emotional wellbeing (including EmployeeAssistance Program), medical (including prescription drug coverage and fertility benefits), dental, vision, Health Savings Account, Commuter Accounts, Health Care and Dependent Care Flexible Spending Accounts, company-paid life insurance, supplemental life insurance, AD&D, group accident, group critical illness, group legal, identity theft protection, wellbeing program, adoption assistance, surrogacy assistance, auto/home insurance, pet insurance, and other work/life resources.

  • Leave Benefits:Paid Holidays, Annual Paid Time Off (includes paid state/local paid leave where required), Short-Term Disability, Long-Term Disability, Other Leaves (e.g., Bereavement, FMLA, ADA, Jury Duty, Military Leave, and Parental and Adoption Leave), Paid Time Off
  • Retirement Benefits:Contributory Pension Plan and Savings Plan (401k). All Level 38 and more senior roles may also be eligible for non-qualified Deferred Compensation and Deferred Savings Plans.

Pursuant to the San Francisco Fair Chance Ordinance and Los Angeles County Fair Chance Ordinance for Employers, we will consider for employment qualified applicants with arrest and conviction records.

Note that visa employment-based non-immigrant visa sponsorship and/or assistance is not offered for this specific job opportunity.

This position will remain posted for a minimum of three business days from the date posted or until sufficient/appropriate candidate slate has been identified.

EOE, including disability/vets
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