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Internship Actuarial Development Program Jobs in Maryland

Casualty Actuarial Society

Senior Actuary

Baltimore, MD · On-site

$100 - $130/hr

Develop and deliver outreach initiatives, training programs, and presentations. * Conduct document ... law clerks and interns. At least five years of actuarial experience and must hold a Fellow ...

Aegon

Actuarial Intern (Summer 2027)

Baltimore, MD · Hybrid

$24 - $29/hr

... and Development, and Corporate Affairs, which covers Communications, Brand, and Government and ... Summary Internships are short-term work experiences for a designated period of time that allow ...

NACBA

Senior Actuary

Baltimore, MD · On-site

$90 - $120/hr

Develop and deliver outreach initiatives, training programs, and presentations. Conduct document ... law clerks and interns. At least five years of actuarial experience and must hold a Fellow ...

New

State of Maryland

Senior Actuary

Baltimore, MD · On-site

$113K - $161K/yr

... programs, and presentations. • Conduct document and database management; writing reports, and ... and interns. MINIMUM QUALIFICATIONS At least five years of actuarial experience and must hold a ...

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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?

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 Maryland? The most popular types of Actuarial Development Program jobs in Maryland are:
What cities in Maryland are hiring for Internship Actuarial Development Program jobs? Cities in Maryland with the most Internship Actuarial Development Program job openings:
Internship Actuarial Development Program jobs near you

Senior Actuary

Casualty Actuarial Society

Baltimore, MD • On-site

$100 - $130/hr

Other

Posted 5 days ago

Job description

Overview

The Maryland Office of the Attorney General is seeking applicants for the position of Senior Actuary for the People’s Insurance Counsel (PICD). The PICD is responsible for the evaluation of all medical professional liability insurance and homeowners’ insurance matters. This includes review and analysis of filings and complaints pending before the Commissioner of the Maryland Insurance Administration (MIA) to determine whether the interests of insurance consumers are affected. The review of rate filings to determine if they are excessive, inadequate or unfairly discriminatory. PICD may conduct investigations and request the Commissioner to initiate an action or proceed to protect the interests of insurance consumers. PICD may be a party to administrative hearings and court proceedings. PICD may propose and reviews legislation. PICD participates in outreach to consumers.

The Division’s personnel consist of the People’s Insurance Counsel, an assistant attorney general, an actuary analyst/investigator, whose primary responsibilities include review of homeowner’s and medical liability insurance filings, and a management associate who primarily provides office support including consumer contact. The senior actuary will supervise and lead the actuary analyst/investigator, the management associate, and lead any law clerks/interns.

Key Responsibilities
  • Review insurance rate filings and related submissions to assess their impact on Maryland consumers, ensure compliance with actuarial standards, and verify adherence to applicable federal and state laws and regulations.
  • Analyze rate, rule, form, and underwriting guideline filings, providing recommendations and technical support to counsel for use in regulatory reviews, hearings, and related proceedings.
  • Prepare reports and briefing materials and participate in rate hearings when requested.
  • Advise staff and management on actuarial matters, offering technical expertise, analysis, and recommendations to support regulatory decision-making.
  • Provide actuarial testimony and expert opinions during court, administrative hearings, and other regulatory proceedings as required.
  • Review consumer complaints, conduct legal and industry research, and evaluate proposed state and federal legislation for potential regulatory and consumer impacts.
  • Review, analyze, and provide testimony if requested concerning legislation.
  • Develop and deliver outreach initiatives, training programs, and presentations.
  • Conduct document and database management; writing reports, and communication with stakeholders.
  • Supervise and lead the work and projects of PICD’s analyst and Management Associate, law clerks and interns.

At least five years of actuarial experience and must hold a Fellow designation with the Casualty Actuarial Society, along with membership in the American Academy of Actuaries. Candidates should have a strong understanding of rate development methodologies, particularly within homeowners’ insurance and medical professional liability insurance, including related coverages and policy provisions. Excellent verbal and written communication skills are essential.

Preferred Qualifications
  • Knowledge of and experience in actuarial analysis of homeowners and medical professional liability insurance.
  • Familiarity with the use of catastrophe models and generalized linear models in property insurance ratemaking.

Requirement Upon Hire: As of the date of hire, the hired employee may not hold an official relationship to or have any pecuniary interest in an insurer, insurance agency, or insurance transaction other than as a policyholder or claimant under a policy.

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