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Internship Actuarial Development Program Jobs in Andover, MN

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Internship Actuarial Development Program information

See Andover, MN salary details

$13

$25

$67

How much do internship actuarial development program jobs pay per hour?

As of Aug 9, 2026, the average hourly pay for internship actuarial development program in Andover, MN is $25.07, according to ZipRecruiter salary data. Most workers in this role earn between $18.12 and $26.30 per hour, depending on experience, location, and employer.

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 cities near Andover, MN are hiring for Internship Actuarial Development Program jobs? Cities near Andover, MN with the most Internship Actuarial Development Program job openings:

Finance Leadership Development Internship Program - Summer 2027

Pentair

Golden Valley, MN • On-site

$28/hr

Full-time

Posted 5 days ago


Pentair rating

7.2

Company rating: 7.2 out of 10

Based on 43 frontline employees who took The Breakroom Quiz

350th of 537 rated manufacturers


Job description

Job Description:

Ignite your Career Journey with Pentair's Leadership Development Internship Program!

Are you ready to gain hands-on experience, develop your leadership skills, and make a meaningful impact? Pentair is seeking ambitious, innovative, and driven students to join our Leadership Development Internship Program.

🚀 What Awaits You

Embark on a 12-week experience where you'll contribute to meaningful work, build lasting connections, and grow both personally and professionally. Through hands-on projects, mentorship, networking opportunities, and intern-focused programming, you'll gain valuable experience and develop skills that will help prepare you for the next step in your career.

🌎 Make a Difference

Each intern will be assigned to a real-world, strategic business project that you will be immersed in for the summer. Your work will directly help Pentair achieve our mission of a more sustainable future. Interns will present their project objectives, processes, and overall results and impact to leadership at the internship program's end.

🌐 Professional Cohort Development

As a Pentair intern, you'll join a cohort of talented students from across the organization and participate in meaningful development experiences throughout the summer. From mentorship and networking opportunities to executive speaker sessions, a team case competition, and our signature Intern Summit, you'll build valuable skills, expand your network, and gain exposure to potential career opportunities. Along the way, you'll collaborate with experienced professionals, contribute to meaningful work, and grow both personally and professionally.

💦 About Pentair

At Pentair, we believe the health of our world depends on reliable access to clean water. We design, manufacture, and deliver a comprehensive range of smart, sustainable water solutions to homes, business, and industries around the world. Whether it is improving, moving, or enjoying water, we help manage the world's most precious resource.

👍 Pentair Will:

  • Offer meaningful, hands-on work through a strategic business project that will allow you to make a real impact while developing valuable professional skills.
  • Provide on-the-job training, mentorship, and coaching from experienced professionals invested in your growth and success.
  • Pay competitively.
  • Provide opportunities to connect with leaders across the organization through executive speaker sessions, coffee chats, networking events, and mentorship experiences.
  • Offer a variety of professional development, social, volunteer, and cohort experiences designed to help you build your network and accelerate your growth.
  • Give you the opportunity to collaborate with fellow interns through a team case competition and attend Pentair's Intern Summit, bringing together interns from across the company for learning, development, and connection.
  • Provide the opportunity to showcase your accomplishments through a final presentation to Pentair leaders, with the potential to be considered for future full-time opportunities upon graduation.

📃 Minimum Qualifications:

  • Be pursuing a Bachelor's Degree in Finance or Accounting from an accredited university
  • Be enrolled as a junior undergraduate (Preferred Graduation Date: Spring 2028)
  • Have a strong interest in pursuing Pentair's full-time Finance Leadership Development Program upon graduation
  • Willing to relocate and work in locations throughout the United States while in Pentair's Leadership Development Program
  • Be proficient in Microsoft Word, Excel, PowerPoint
  • Must be legally authorized to work in the United States without sponsorship now or in the future

Key Information:

  • 12-week internship program with two start date options:
    • Session 1: Late May - Early August 2027
    • Session 2: Early June - Mid-August 2027
  • This position pays an hourly rate of $28.00/ hour. Interns work approximately 40-hours each week during the internship.
  • Financial support may be offered to those relocating for Pentair's Summer 2027 Internship Program.

Posting End Date: March 1st, 2027

Equal Opportunity Employer

Pentair is an Equal Opportunity Employer. With our expanding global presence, cross-cultural insight and competence are essential for our ongoing success. We believe that a diverse workforce contributes different perspectives and creative ideas that enable us to continue to improve every day.


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About Pentair

Sourced by ZipRecruiter

At Pentair, we believe the health of our world depends on reliable access to clean water. We design, manufacture, and deliver a comprehensive range of smart, sustainable water solutions to homes, business, and industries around the world. Whether it is improving, moving, or enjoying water, we help manage the world's most precious resource.

Industry

Water, sewage, waste, steam, air heating and cooling systems

Company size

10,000+ Employees

Headquarters location

Golden Valley, MN, US