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Internship Actuarial Development Program Jobs in Plainfield, IL

OdysseyRe

Actuarial Manager, Healthcare

Chicago, IL · On-site

Provide actuarial support and insight on individual and large accounts, including program design ... development, high performance, and an innovative, analytical culture. * Ensure actuarial work ...

AIG

Actuarial Analyst

Chicago, IL · On-site

$155K/yr

Support the development and design of analytical tools and techniques to help the business ... That is why we created our Total Rewards Program, a comprehensive benefits package that extends ...

Elevance Health

Actuarial Analyst II

Chicago, IL · On-site

$84K - $138K/yr

Pricing Strategies: Assist in the development and refinement of pricing strategies/studies to ... programs, equity stock purchase and 401k contribution (all benefits are subject to eligibility ...

Health Care Service Corporation

Staff Actuary

Chicago, IL · Hybrid

$92K - $167K/yr

We empower employees with curated development plans that foster growth and promote rewarding ... Bachelor degree in Actuarial Science, Mathematics, Statistics or Economics. Other Bachelor (or ...

Health Care Service Corporation

Staff Actuary

Chicago, IL · On-site

$92K - $167K/yr

We empower employees with curated development plans that foster growth and promote rewarding ... Bachelor degree in Actuarial Science, Mathematics, Statistics or Economics. Other Bachelor (or ...

Health Care Service Corporation

Staff Actuary

Chicago, IL · Hybrid

$92K - $167K/yr

We empower employees with curated development plans that foster growth and promote rewarding ... Bachelor degree in Actuarial Science, Mathematics, Statistics or Economics. Other Bachelor (or ...

Deloitte

Actuarial Consultant

Chicago, IL · On-site

Support business development efforts for Federal and State governments, employer groups, and other ... You may also be eligible to participate in a discretionary annual incentive program, subject to the ...

HCSC Group

Staff Actuary

Chicago, IL · On-site

$93 - $168/hr

We empower employees with curated development plans that foster growth and promote rewarding ... Bachelor degree in Actuarial Science, Mathematics, Statistics or Economics. Other Bachelor (or ...

Geico

Senior Actuarial Analyst

Chicago, IL · Hybrid

$95K - $157K/yr

GEICO is looking for a Senior Actuarial Analyst to join the Reserving Team. The Reserving team is ... Personalized development programs, mentorship, and certification assistance. Great Culture:

Health Care Service Corp.

Staff Actuary

Chicago, IL · On-site

$93 - $168/hr

We empower employees with curated development plans that foster growth and promote rewarding ... Bachelor degree in Actuarial Science, Mathematics, Statistics or Economics. Other Bachelor (or ...

At-Bay

Senior Actuarial Analyst, Pricing

Chicago, IL

$120K - $135K/yr

You will manage the overall program profitability, improve pricing accuracy, and work cross ... You'll have developed a proposal to modify the Cyber rate plan and have evaluated the proposal will ...

At-Bay

Senior Actuarial Analyst, Pricing

Chicago, IL · On-site

$120K - $135K/yr

You will manage the overall program profitability, improve pricing accuracy, and work cross ... You'll have developed a proposal to modify the Cyber rate plan and have evaluated the proposal will ...

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All JobsActuarial Development Program JobsInternship Actuarial Development Program JobsInternship Actuarial Development Program Jobs in Plainfield, IL

Internship Actuarial Development Program information

See Plainfield, IL salary details

$13

$23

$63

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

As of Aug 22, 2026, the average hourly pay for internship actuarial development program in Plainfield, IL is $23.67, according to ZipRecruiter salary data. Most workers in this role earn between $17.12 and $24.86 per hour, depending on experience, location, and employer.

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 cities near Plainfield, IL are hiring for Internship Actuarial Development Program jobs?

Cities near Plainfield, IL with the most Internship Actuarial Development Program job openings:

Internship Actuarial Development Program jobs near you

Actuarial Manager, Healthcare

OdysseyRe

Chicago, IL • On-site

Full-time

Re-posted 20 days ago

Job description

About Us:
Headquartered in New York City with offices throughout the U.S. and in Vancouver, Canada, Hudson is a market-leading specialty insurer that offers a wide range of property and casualty insurance products to corporations, professional firms and individuals through retailers, wholesalers and program administrators.
Hudson underwrites specialty primary and excess insurance on an admitted basis through Hudson Insurance Company and on a non-admitted basis through Hudson Specialty Insurance Company and Hudson Excess Insurance Company. Hudson Insurance Company is admitted in all U.S. jurisdictions. Hudson has surplus lines eligibility in all U.S. jurisdictions through Hudson Specialty Insurance Company and Hudson Excess Insurance Company.
Collectively known as Hudson Insurance Group, its companies are rated A+ (Superior) by A.M. Best, Financial Size Category XV. Hudson Insurance Group is the U.S. Insurance Division of Odyssey Group, a leading worldwide underwriter of reinsurance and specialty insurance and wholly owned by Fairfax Financial Holdings Limited.
Position Description: The Actuarial Manager is a key role within Hudson, responsible for leading and executing comprehensive actuarial analyses across healthcare and non-medical professional liability lines of business, as well as other related commercial P&C coverages. This position requires an experienced actuary who can develop sophisticated pricing models, assess risk and profitability at both portfolio and account levels, and clearly communicate findings and recommendations to senior leadership and non-technical stakeholders. The ideal candidate combines deep technical expertise, significant experience in medical malpractice/healthcare liability and professional liability, and strong leadership and communication skills. This role will be based in either our New York City or Chicago office.
Skills, Knowledge and Abilities:
  • Conduct detailed actuarial analyses to assess risk, loss cost trends, and profitability across healthcare and non-medical professional liability and related commercial P&C lines, using advanced statistical methods and mathematical modeling techniques.
  • Develop, enhance, and maintain sophisticated pricing models (including GLMs and similar tools) to support both portfolio and individual/large account and loss-rated pricing.
  • Lead the design and implementation of pricing strategies and methodologies across multiline portfolios that balance competitiveness, growth, and profitability.
  • Provide actuarial support and insight on individual and large accounts, including program design, rating structures (including loss-rated plans), and deal-level pricing recommendations.
  • Collaborate closely with underwriting, finance, claims, and operations to integrate actuarial insights into strategic decision making, portfolio management, and execution.
  • Prepare and present clear, concise reports, dashboards, and presentations to senior management, effectively translating complex actuarial results and approaches for non-actuarial audiences.
  • Mentor a small team (approximately 1-3) of actuaries and/or analysts, fostering professional development, high performance, and an innovative, analytical culture.
  • Ensure actuarial work adheres to applicable regulatory requirements, internal governance standards, and industry best practices, including rate filings and interactions with Departments of Insurance where applicable.
  • Monitor market and industry trends, competitor behavior, and emerging risks in healthcare, professional liability, and related commercial P&C segments to inform strategic recommendations and product/pricing opportunities.
  • Continuously improve actuarial processes, tools, and methodologies to enhance efficiency, accuracy, and timeliness of analyses and reporting.

Education/Experience:
  • Bachelor's degree in Actuarial Science, Mathematics, Statistics, or a related quantitative field; an advanced degree is a plus.
  • Minimum ACAS designation with at least 7 years of actuarial experience; 10+ years of experience is strongly preferred.
  • Minimum 5 years of experience in medical malpractice/healthcare liability, with additional experience in non-medical professional liability strongly preferred.
  • Significant individual and large account pricing experience, including complex and loss-rated structures, within healthcare and professional liability and other commercial P&C segments.
  • Proven expertise in actuarial modeling, risk assessment, and pricing strategies specific to healthcare, professional liability, and broader commercial P&C lines of business.
  • Experience building and maintaining sophisticated pricing models using GLM or comparable techniques and tools.
  • R programming experience preferred; ability to work with large, complex datasets and support automation and industrialization of actuarial analyses.
  • High proficiency with actuarial and statistical software, along with solid data management and visualization skills.
  • Superior ability to clearly and effectively communicate actuarial results, assumptions, and approaches to non-actuaries, including underwriters and executive management.
  • Exceptional analytical and problem-solving skills, with strong attention to detail and a high standard of accuracy.
  • Strong organizational and time-management skills, with the ability to manage multiple priorities and deadlines in a fast-paced environment.

In New York City, NY the pay range for this role is $150,000 - $190,000. This role may also be eligible to participate in a discretionary annual incentive program. The specific offer will depend on an applicant's skills and other factors. This range is specific to New York City, NY and may not be applicable to other locations.
We are an E-Verify employer - all hired positions require successfully passing an E-Verify Check.
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