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Internship Actuarial Modeling Jobs (NOW HIRING)

Beneficial Life

Student Actuary

Salt Lake City, UT · Hybrid

$75K - $85K/yr

Internship or prior work experience in a life insurance or annuity actuarial setting. * Familiarity with the actuarial modeling software Polysystems. * Exposure to US statutory accounting and GAAP ...

Ameriprise Financial

Actuarial Analyst

Minneapolis, MN

$66K - $91K/yr

... actuarial models. Prepare related reports, summarizing and communicating results. Key ... Actuarial internship experience. * Experience with MS Excel, VBA, MS Access, and other database ...

New

Gallagher

Actuarial Analyst

Rolling Meadows, IL

... actuarial models. * Client Engagement and Problem Solving: * Interact with clients to develop ... Train new team members and contribute to the development of the internship program by mentoring ...

UnitedHealth Group

Actuarial Analyst

Eden Prairie, MN

$60K - $107K/yr

Review data, models, and reports for reasonableness, consistency, and completeness * Develop and ... internship or analytical experience preferred) * Foundational knowledge of SQL and/or VBA (ability ...

UnitedHealth Group

Actuarial Analyst

Eden Prairie, MN · On-site

$60K - $107K/yr

Review data, models, and reports for reasonableness, consistency, and completeness * Develop and ... internship or analytical experience preferred) * Foundational knowledge of SQL and/or VBA (ability ...

New York Life

Senior Actuarial Associate

Manhattan, NY · On-site +1

$160K - $212K/yr

Develop and maintain statistical models to assess the accuracy of actuarial assumptions and ... or interns. Education & Experience Requirements: Bachelor's degree in Actuarial Science ...

Principal Financial Group

Associate Actuary

Des Moines, IA · On-site +1

$127K - $171K/yr

... and interns to build leadership abilities. * Work collaboratively with Actuarial, Product ... Actuarial modeling, either legacy process or utilizing new technologies * Skilled in a programming ...

Principal Financial Group

Associate Actuary

Des Moines, IA · On-site +1

$127K - $171K/yr

... and interns to build leadership abilities. * Work collaboratively with Actuarial, Product ... Actuarial modeling, either legacy process or utilizing new technologies * Skilled in a programming ...

ICW Group

Actuarial Analyst

San Diego, CA · On-site

Leverages catastrophe model outputs in actuarial analysis and develops familiarity with reinsurance ... Actuarial internship with a Property and Casualty Carrier or 1 year of related experience preferred.

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Internship Actuarial Modeling information

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How much do internship actuarial modeling jobs pay per hour?

As of Jun 13, 2026, the average hourly pay for internship actuarial modeling in the United States is $24.28, according to ZipRecruiter salary data. Most workers in this role earn between $17.55 and $25.48 per hour, depending on experience, location, and employer.

What is an Internship in Actuarial Modeling?

An Internship in Actuarial Modeling is a temporary position, typically for students or recent graduates, that provides hands-on experience in applying mathematical and statistical methods to assess risk in insurance, finance, and other industries. Interns work under the supervision of experienced actuaries and may assist with building models, analyzing data, and preparing reports. This role helps interns develop key technical skills and gain practical exposure to the actuarial profession, often serving as a stepping stone to a full-time actuarial career.

What is the meaning of internship?

An internship in actuarial modeling is a temporary position that provides hands-on experience in developing and applying financial and statistical models for insurance or financial companies. Interns typically work under supervision, learn industry tools like Excel or actuarial software, and may earn academic credit or compensation during the program.

What are the key skills and qualifications needed to thrive as an Internship Actuarial Modeling, and why are they important?

To thrive in an Internship Actuarial Modeling role, you need strong mathematical and statistical skills, proficiency in data analysis, and progress towards or completion of actuarial exams. Familiarity with actuarial software (such as SAS, R, or Excel), as well as knowledge of programming languages like Python or VBA, is often required. Analytical thinking, attention to detail, and effective communication are crucial soft skills for interpreting complex data and collaborating with teams. These skills are important for producing accurate models, supporting business decisions, and ensuring regulatory compliance in actuarial work.

What is the difference between an attachment and an internship?

In the context of an internship actuarial modeling role, an internship is a temporary position that provides hands-on experience and training in actuarial tasks, often for students or entry-level candidates. An attachment typically refers to a short-term or observational placement within an organization, focusing on exposure rather than active responsibilities. Both serve as learning opportunities, but internships usually involve more active participation and skill development.

What types of projects or tasks can I expect to work on during an Internship in Actuarial Modeling?

As an intern in actuarial modeling, you will likely participate in a variety of hands-on projects, such as building and validating predictive models, analyzing large datasets, and preparing reports to support business decisions. You'll often use statistical software and Excel to assist with tasks like pricing, reserving, or risk assessment. Collaboration is key, as you'll work closely with experienced actuaries, analysts, and sometimes IT or finance teams, gaining exposure to real-world applications of actuarial science. This experience will help you develop technical and communication skills that are valuable for a future actuarial career.

What is the difference between Internship Actuarial Modeling vs Actuarial Analyst?

AspectInternship Actuarial ModelingActuarial Analyst
CredentialsTypically pursuing actuarial exams, student statusOften has completed some exams, may hold entry-level credentials
Work EnvironmentInternship setting, supervised, learning-focusedFull-time, professional environment, more independent
Employer & IndustryInsurance companies, consulting firms, during internship periodsInsurance, finance, consulting firms, permanent role

Internship Actuarial Modeling roles are temporary, focused on training and skill development, often held by students. Actuarial Analysts are full-time professionals responsible for analyzing data, building models, and supporting decision-making. The main difference lies in experience level, responsibilities, and employment status, with internships serving as a stepping stone toward a full actuarial career.

Is a 3.4 GPA good for internships?

For an internship in actuarial modeling, a 3.4 GPA is generally considered acceptable, especially if complemented by relevant coursework, skills in statistical software, and internship or project experience. While some competitive programs prefer higher GPAs, many employers value practical skills and problem-solving ability alongside academic performance.

Is 30 an hour good for an intern?

For an internship in actuarial modeling, a $30 per hour rate is considered competitive, especially for entry-level roles that may require basic knowledge of Excel, statistical tools, and actuarial concepts. Interns often earn between minimum wage and $25-$30 an hour depending on location, industry, and the company's size. Factors such as the internship's duration, responsibilities, and whether it offers professional development opportunities also influence the adequacy of the pay.
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Internship Actuarial Modeling jobs near you
Actuarial Analyst

Actuarial Analyst

Ohio National Financial Services

Cincinnati, OH • On-site, Remote

Full-time

Medical, Dental, Vision, Life, Retirement

Posted yesterday

Job description

What you will be doing
Entry-level Actuarial Analyst positions are hired into the Actuarial Rotation Program. This program provides the opportunity to rotate among the following actuarial departments within Constellation Insurance:
  • Valuation
  • Special Projects
  • Enterprise Risk Management
  • Product Development
  • Hedging
  • Reinsurance

As part of this program, candidates will be hired into one of these departments and spend a minimum of two years in the role before being eligible to rotate to a different department. The initial hiring role and department are based on availability and company need at time of hire.
What's in it for you
  • Competitive pay: Fair compensation for your hard work.
  • Healthcare coverage: Comprehensive medical, dental, and vision from day one.
  • Life insurance: Company-paid coverage for you and your loved ones.
  • 401(k) plan: Matching contributions to help secure your financial future.
  • Family support: Paid parental leave and reimbursement for adoption and surrogacy expenses.
  • Work-life balance: Flexible time-off policy to recharge and pursue passions.
  • Dress for your day: Express your style comfortably at work.
  • Inclusion and Culture: A respectful environment that values unique contributions.
  • Flexible work options: Remote, hybrid, and onsite opportunities at various locations across the U.S. for better work-life integration.
  • Well-being focus: Programs to support a healthy balance between work and home life.
  • Community connections: Build strong relationships through virtual and in-person interactions, with resources for your growth.

What you need to be successful
  • A bachelor's degree in actuarial science, mathematics, statistics or related quantitative field
  • Passed at least one or more exams toward associateship with the Society of Actuaries
  • Recent graduate with internship experience in a related field or have one to two years of related experience
  • Experience with Excel, including updating and maintaining existing spreadsheets; familiarity with common formulas and analytical tools; and the ability to develop spreadsheets for actuarial analysis and reports
  • Knowledge of programming, preferably experience with writing macros in Visual Basic or developing code for modeling insurance products within actuarial modeling software
  • Experience using database tools (Microsoft Access and/or SAS) to build queries, analysis and use reporting tools on large sets of data
  • Experience with actuarial software preferred (i.e. Moody's AXIS, MG-ALFA, Poly Systems, Prophet, Moses, etc.)
  • Desired characteristics include effective communicator, problem solver, integrity, diligence, pride in work and big picture acumen

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