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Internship Actuarial Modeling Jobs (NOW HIRING)

Modern Woodmen

Actuarial Student

Rock Island, IL · On-site

$64K - $70K/yr

As an Actuarial Student, you will support meaningful modeling projects, analyze data, validate ... Insurance industry internship or related experience is preferred. * Demonstrated technical or ...

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 · On-site

$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 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 ...

Icwgroup

Actuarial Analyst

San Diego, CA · Hybrid

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

ICW Group

Actuarial Analyst

San Diego, CA · On-site

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

Westfield

Actuarial Analyst

Chicago, IL · On-site

Support regular improvements to technical pricing models including enhancements for unique ... Actuarial or related internship experience at an insurance carrier, broker, or consultancy ...

Westfield

Actuarial Analyst

Chicago, IL

Support regular improvements to technical pricing models including enhancements for unique ... Actuarial or related internship experience at an insurance carrier, broker, or consultancy ...

SageSure

Actuarial Analyst

Cheshire, CT · On-site

... models and visualizing results to support business decisions * Perform competitive intelligence ... Prior internship experience About the Actuarial Team at SageSure: Working on the Actuarial team at ...

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Internship Actuarial Modeling information

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How much do internship actuarial modeling jobs pay per hour?

As of Jul 5, 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 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 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.

More about Internship Actuarial Modeling jobs
What cities are hiring for Internship Actuarial Modeling jobs? Cities with the most Internship Actuarial Modeling job openings:
What are the most commonly searched types of Actuarial Modeling jobs? The most popular types of Actuarial Modeling jobs are:
What states have the most Internship Actuarial Modeling jobs? States with the most job openings for Internship Actuarial Modeling jobs include:
What job categories do people searching Internship Actuarial Modeling jobs look for? The top searched job categories for Internship Actuarial Modeling jobs are:
Internship Actuarial Modeling jobs near you
Infographic showing various Internship Actuarial Modeling job openings in the United States as of June 2026, with employment types broken down into 100% Full Time. Highlights an 50% In-person, and 50% Remote job distribution, with an average salary of $50,506 per year, or $24.3 per hour.

Actuarial Student

Modern Woodmen

Rock Island, IL • On-site

$64K - $70K/yr

Full-time

Medical, Dental, Vision, Life, Retirement, PTO

Posted 13 days ago

Job description

Actuarial Student
Put your analytical skills to work while building a rewarding actuarial career. As an Actuarial Student, you will support meaningful modeling projects, analyze data, validate results, and collaborate with experienced actuaries while continuing progress toward Society of Actuaries membership. Our student program includes on-the-job study time, raises, and bonuses based on exam progress. This role is a great opportunity for a motivated, meticulous, and analytical person to gain hands-on insurance industry experience and contribute to work that supports Modern Woodmen's financial strength and member-focused mission.
Modern Woodmen of America is one of the nation's largest fraternal benefit societies, with over $18 billion assets. Fraternals are unique membership organizations that pair the "member-owned" characteristic of a mutual insurance company with the "social mission" characteristic of a service organization. They unite individuals with common bonds, provide a variety of life insurance and investment products, and form one of the nation's most effective volunteer networks.
Responsibilities:
  • Become knowledgeable on actuarial modeling, valuation, and other actuarial financial reporting principles, including product and asset calculations.
  • Implement new products and factor changes into modeling and valuation systems.
  • Run models and valuation programs, prepare valuation summaries, and assist with static and dynamic model validation.
  • Provide support for staff actuaries with asset modeling and other actuarial analysis.
  • Prepare statistical, product and membership demographic reports.
  • Coordinate model and valuation system changes and implement new or revised reports as needed.
  • Audit and verify certificate rates, calculated values, administrative system values, and data involved in periodic statutory valuations.
  • Assist staff actuaries in performing experience studies to help develop or update model assumptions and support product analysis.
  • Provide analytic support for other departments as needed.
  • Recommend improvements to model governance and control procedures.
  • Support the functions performed by the Actuarial Services section.
  • Meet exam and education progress requirements to maintain membership in the actuarial career program.

What we need:
  • Bachelor's or graduate degree with quantitative science emphasis. Actuarial science, mathematics, statistics, or other quantitative finance discipline preferred.
  • Credit for two Society of Actuaries Associateship exams.
  • Insurance industry internship or related experience is preferred.
  • Demonstrated technical or organizational proficiency.
  • Microsoft Office experience
  • Demonstrated familiarity with quantitative analysis applications including database query language(s), programming language(s), actuarial modeling software, reserving systems, and other analytical tools.

What we offer:
  • Pay: The annual pay for this position is $64,000.00-$70,000.00. The specific rate will depend on the successful candidate's qualifications, prior experience and exam progress. Applicants must be legally authorized to work in the United States without the need for current or future employment-based sponsorship. We are unable to sponsor or take over sponsorship of employment visas at this time, nor can we guarantee future sponsorship.
  • Work Arrangements: This is a full-time, hybrid salaried position: 37.5 hours per week (7.5 hours per day), Monday- Friday, with flexible start time between 7 a.m.-9 a.m. Hybrid positions work at least four days in office each week. Employees beginning to work in a new hybrid role will be expected to work on-site (five days a week) during the initial training period, which may be up to one year. Hybrid work arrangements are subject to change at any time based on business needs.
  • Stability: Modern Woodmen has been Modern Since 1883® and exists for our members. We make long-term decisions that provide stability for our employees, financial representatives, and members.
  • Respect for personal time: We offer vacation, sick leave and 11 paid holidays. We value your time outside of work and offer careers that blend work and life well.
  • Professional growth: Benefit from our commitment to employee development which includes educational offerings to enhance your knowledge of our industry.
  • Great culture: We build strong working relationships across our organization through collaborative work and volunteer opportunities.
  • A beautiful office: Enjoy a beautiful view! Our home office, located in downtown Rock Island, IL, has a lovely plaza overlooking the Mississippi River.
  • On-site Café: Our employees can purchase a variety of breakfast, lunch, and beverage options at Café 1883.
  • A thriving local community: Not from the Quad Cities and hesitant to consider relocation? Give it some thought. The Quad Cities offers an idyllic Midwestern lifestyle along the mighty Mississippi and consistently ranks at the top of the list for quality of life and cost of living. It is home to more than our share of artists, festivals, and fun in every season.
  • Exceptional benefits: Our comprehensive benefits package is designed to support your health and financial well-being. Benefits include:
    • Company-paid retirement plan
    • Matching 401(k) plan
    • Employee Impact Bonus
    • Medical, Dental and Prescription Drug Insurance. We pay 100% of employees' health insurance premiums and 50% of employee dependents' premiums.
    • Group term life insurance.
    • Long-term and short-term disability.
    • Voluntary benefits: vision, flexible savings accounts (FSA), accident insurance

Modern Woodmen is an equal opportunity employer. Modern Woodmen is committed to providing a respectful environment where each person's diverse opinions, attitudes, attributes, and feelings are respected.
Equal Opportunity Employer
This employer is required to notify all applicants of their rights pursuant to federal employment laws.
For further information, please review the Know Your Rights notice from the Department of Labor.

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