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Internship Actuarial Development Program Jobs in Nebraska

FMNE Insurance Company

Associate Actuary

Lincoln, NE · On-site

... plan, wellness programs and a hybrid work model for eligible employees. Role Overview of an ... Support the development and training of peers in the Actuarial department. * Regular and timely ...

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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 cities in Nebraska are hiring for Internship Actuarial Development Program jobs? Cities in Nebraska with the most Internship Actuarial Development Program job openings:
Internship Actuarial Development Program jobs near you
Associate Actuary - Model Development

Associate Actuary - Model Development

Ameritas Life Insurance Corp.

Lincoln, NE • Hybrid

Full-time

Medical, Dental, Vision, Retirement, PTO

Posted 22 days ago

Ameritas rating

9.0

Company rating: 9.0 out of 10

Based on 16 frontline employees who took The Breakroom Quiz

35th of 261 rated insurance

Job description

Job Description
Ameritas is looking for our next Associate Actuary to join our Corporate Actuarial Model Development Team. This detail-oriented, results-driven individual will have extensive modeling experience and be able to be a subject matter expert on actuarial model development and applications. This position will be responsible for ensuring delivery of high-quality models that enable good business decisions and help manage the company's risks.

This position can be remote (within the U.S.A.) or can be hybrid (Lincoln, NE or Cincinnati, OH) depending on proximity to an office location.

What you do:
  • Responsible for leading Prophet model development and testing of various given product types, proactively adhering to Model Risk Management policies and procedures as well as coding standards and optimization objectives.
  • Responsible for being a subject matter expert on life insurance and/or annuity modeling.
  • Collaborate with stakeholders throughout the organization to understand requested model changes and prioritization, develop and execute test plans, and assist in model acceptance and approval.
  • Lead and support others in project management of large-scale development initiatives. Enhance and streamline the model development life cycle.
  • Document decisions made, processes put in place and other work performed.
  • Compile and analyze data, using statistical formulas, policy audits, and other actuarial methods - including the review of others' work.
  • Build, test, validate and maintain actuarial models for all use cases.
  • Develop and implement procedures to comply with new regulatory, control or governance requirements.
  • Respond to requests for information from actuaries, accountants, auditors, management and other associates, as well as external stakeholders, providing actuarial analysis where appropriate.
  • Provide guidance, training, direction, and work product review for other actuarial associates.
What you bring:
  • Bachelor's degree or equivalent combination of experience in Actuarial Science, Mathematics, Statistics, or Related Field required.
  • 4-7 years related actuarial experience required.
  • Advanced knowledge of actuarial model architecture and development for asset and liability projection modeling using FIS Prophet actuarial system required.
  • Advanced knowledge of insurance (life insurance and/or annuity) products and concepts, actuarial theory and techniques, and regulation of the insurance industry required.
  • Ability to balance competing priorities to produce and facilitate others' production of high-quality deliverables in a fast-paced environment required.
  • Ability to accurately perform detailed calculations with a high-level of understanding required.
  • Ability to clearly and thoroughly document assumptions, decisions, processes, and other work performed required.
  • Ability to communicate technical concepts to a non-technical audience required.
  • Ability to work effectively both independently and as part of a team required.
  • Associate or Fellow of the Society of Actuaries designation desired.
  • Member of the American Academy of Actuaries desired.
What we offer:
A meaningful mission. Great benefits. A vibrant culture
Ameritas is an insurance, financial services and employee benefits provider Our purpose is fulfilling life. It means helping all kinds of people, at every age and stage, get more out of life.

At Ameritas, you'll find energizing work challenges. Flexible hybrid work options. Time for family and community. But dig deeper. Benefits at Ameritas cover things you expect -- and things you don't:
Ameritas Benefits
For your money:
401(k) Retirement Plan with company match and quarterly contribution.
Tuition Reimbursement and Assistance.
Incentive Program Bonuses.
Competitive Pay.
For your time:
Flexible Hybrid work.
Thrive Days - Personal time off.
Paid time off (PTO).
For your health and well-being:
Health Benefits: Medical, Dental, Vision.
Health Savings Account (HSA) with employer contribution.
Well-being programs with financial rewards.
Employee assistance program (EAP).
For your professional growth:
Professional development programs.
Leadership development programs.
Employee resource groups.
StrengthsFinder Program.
For your community:
Matching donations program.
Paid volunteer time- 8 hours per month.
For your family:
Generous paid maternity leave and paternity leave.
Fertility, surrogacy, and adoption assistance.
Backup child, elder and pet care support.
An Equal Opportunity Employer
Ameritas has a reputation as a company that cares, and because everyone should feel safe bringing their authentic, whole self to work, we're committed to an inclusive culture and diverse workplace, enriched by our individual differences. We are an Equal Opportunity/Affirmative Action Employer that hires based on qualifications, positive attitude, and exemplary work ethic, regardless of sex, race, color, national origin, religion, age, disability, veteran status, genetic information, marital status, sexual orientation, gender identity or any other characteristic protected by law.

Application Deadline
This position will be open for a minimum of 3 business days or until filled.

This position is not open to individuals who are temporarily authorized to work in the U.S.

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