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Internship Actuarial Development Program Jobs in New Jersey

NFP Corp

Actuarial Analyst (Hybrid)

Woodbury, NJ

$75K - $90K/yr

... and program performance. Essential Duties and Responsabilities: * Analyze medical claims ... Contribute to the development and pricing of new products and benefit offerings * Perform loss ...

NFP Corp

Actuarial Analyst (Hybrid)

Woodbury, NJ · On-site

$75K - $90K/yr

... and program performance. Essential Duties and Responsabilities: * Analyze medical claims ... Contribute to the development and pricing of new products and benefit offerings * Perform loss ...

CoAction

Actuarial Intern

Morristown, NJ · On-site +1

Coaction's Actuarial department works with internal customers across a wide range of all lines of ... Coaction's internship program does NOT offer remote work. Our internship roles are 5 days a week in ...

NFP Corp

Actuarial Analyst (Hybrid)

Woodbury, NJ · On-site

$75K - $90K/yr

... and program performance. Essential Duties and Responsabilities: * Analyze medical claims ... Contribute to the development and pricing of new products and benefit offerings * Perform loss ...

Aon

Actuarial Analyst (Hybrid)

Woodbury, NJ · On-site

$75K - $90K/yr

... and program performance. Essential Duties and Responsabilities: * Analyze medical claims ... Contribute to the development and pricing of new products and benefit offerings * Perform loss ...

CoAction

Actuarial Intern

Morristown, NJ · On-site

Coaction's Actuarial department works with internal customers across a wide range of all lines of ... Coaction's internship program does NOT offer remote work. Our internship roles are 5 days a week in ...

Siemens

$22 - $24/hr

The Finance Leadership Development Program (FLDP) Internship gives you the opportunity to learn what it takes to analyze and manage the financial functions of a company ranked among the top 50 in ...

Siemens

$22 - $24/hr

The Finance Leadership Development Program (FLDP) Internship gives you the opportunity to learn what it takes to analyze and manage the financial functions of a company ranked among the top 50 in ...

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Internship Actuarial Development Program information

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 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 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 most commonly searched types of Actuarial Development Program jobs in New Jersey?

The most popular types of Actuarial Development Program jobs in New Jersey are:

What cities in New Jersey are hiring for Internship Actuarial Development Program jobs?

Cities in New Jersey with the most Internship Actuarial Development Program job openings:

Internship Actuarial Development Program jobs near you

ADP - Actuarial Associate, IR Product Implementations

American General Life Insurance Company

Jersey City, NJ • On-site

$81.50 - $131.50/hr

Other

Medical, Dental, Vision, Retirement, PTO

Posted 10 days ago

Job description

About The Role - Actuarial Development Program

The Actuarial Development Program (ADP) is designed to promote the education and training of employees pursuing actuarial examinations. We are seeking a highly motivated Actuarial Associate to support new product and feature launches, system validation of in‑force annuity products (Variable, Index, Fixed Annuities and RILA) and policy calculation support for Operations.

Responsibilities
  • Build, enhance, and maintain actuarial validation tools to support system value validation.
  • Prepare documentation to support model validation and internal review.
  • Provide strong analytical skills and strategies in testing products, identifying and resolving error results from actuarial audit programs and product validation tools.
  • Provide actuarial validation support for various illustration tools for Index/Variable/Fixed/RILA annuity products.
  • Provide policy value quotes, reports, and inquiries as requested by Operations, Marketing, and Product Management.
  • Collaborate with other functional areas/business partners (Operations/IT/Marketing/Product Development/Pricing) to support testing in policy administration systems; communicate validation findings, risks and recommendations in a clear and business‑friendly manner.
Skills and Qualifications
  • At least 4 actuarial exams passed, with 2+ years of experience with annuities.
  • BA/BS in Mathematics, Actuarial Science or an equivalent major.
  • Knowledge of variable annuity, index annuity and living benefits products.
  • Proficient in Python, VBA, SQL and Excel.
  • Strong analytical skills with a working knowledge of actuarial modeling concepts.
  • Ability to work independently, given high level direction.
  • Attention to detail in both work performed and presentation of work product.
  • Excellent written and verbal communication skills.
Compensation

The anticipated salary range for this position is $81,500 - $131,500 at commencement of employment. Compensation will depend on location, skills, experience and other factors. The role also includes eligibility for a discretionary bonus.

Work Location & Relocation

This position is based in Corebridge Financial’s offices in Woodland Hills, CA; Jersey City, NJ; or Houston, TX, and is subject to our hybrid working policy.

Benefits

Corebridge offers comprehensive benefits including health and wellness, dental and vision insurance, retirement savings plans (401(k) with company matching), employee assistance, volunteer time off, paid time off, and more. Full details are available upon request.

Equal Opportunity Employer

Corebridge Financial is an Equal Opportunity Employer. All applicants will be considered for employment based on job‑related qualifications and without regard to race, color, religion, sex, gender, gender identity or expression, sexual orientation, national origin, disability, neurodivergence, age, veteran status, or any other protected characteristic. The Company also commits to compliance with fair employment practices regarding citizenship and immigration status and provides reasonable accommodations for applicants and employees with disabilities or sincerely held religious beliefs.

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