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Internship Actuarial Modeling Jobs (NOW HIRING)

Interns will also have the opportunity to present their project work to company leaders, network ... Model development in Milliman's Integrate modeling software for fixed indexed annuities including ...

Advanced Data Analytics & Modeling: * Prepare and validate complex datasets from internal systems ... Ideally, candidate will have at least an actuarial internship experience, possibly with a focus on ...

Advanced Data Analytics & Modeling: * Prepare and validate complex datasets from internal systems ... Ideally, candidate will have at least an actuarial internship experience, possibly with a focus on ...

Advanced Data Analytics & Modeling: * Prepare and validate complex datasets from internal systems ... Ideally, candidate will have at least an actuarial internship experience, possibly with a focus on ...

Actuarial Analyst

Boston, MA · On-site

$80 - $90/hr

Advanced Data Analytics & Modeling: * Prepare and validate complex datasets from internal systems ... Ideally, candidate will have at least an actuarial internship experience, possibly with a focus on ...

Summary Internships are short-term work experiences for a designated period of time that allow ... Building and running computer asset/liability models using actuarial modeling software * Conversion ...

Interns will also have the opportunity to present their project work to company leaders, network ... Model development in Milliman's Integrate modeling software for fixed indexed annuities including ...

Summary Internships are short-term work experiences for a designated period of time that allow ... Building and running computer asset/liability models using actuarial modeling software * Conversion ...

Summary Internships are short-term work experiences for a designated period of time that allow ... Building and running computer asset/liability models using actuarial modeling software * Conversion ...

... actuarial models and tools * Present findings and recommendations to business partners and ... At Mapfre, interns don't just observe-they contribute. You'll gain hands-on experience, work ...

... modeling; partner with client service teams to review findings and trends. • Assist in delivery ... coursework and internship experience all accepted). • Strong computer skills, including ...

Utilize actuarial and financial modeling tools to estimate the potential impact of health plan ... internship experience all accepted). Strong computer skills, including proficiency in Microsoft ...

... modeling; partner with client service teams to review findings and trends. • Assist in delivery ... coursework and internship experience all accepted). • Strong computer skills, including ...

Actuarial Analyst

Chicago, IL · On-site

$70 - $95/hr

Utilize actuarial and financial modeling tools to estimate the potential impact of health plan ... and internship experience all accepted). * Strong computer skills, including proficiency in ...

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Internship Actuarial Modeling information

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$65

How much do internship actuarial modeling jobs pay per hour?

As of Sep 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 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 are the key skills and qualifications needed to thrive as an internship in 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 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.

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Infographic showing various Internship Actuarial Modeling job openings in the United States as of August 2026, with employment types broken down into 88% Full Time, 10% Part Time, and 2% Contract. Highlights an 85% Physical, 4% Hybrid, and 11% Remote job distribution, with an average salary of $50,506 per year, or $24.3 per hour.

Internship

Posted 14 days ago


Job description

At American Equity we offer leading annuity products that help empower our clients to fulfill their needs and wants in retirement. Our success comes from hiring high-energy individuals who embody the beliefs that drive our unique culture. We currently fund over half a million retirements nationwide, and have been headquartered in West Des Moines, Iowa, for over twenty-five years with satellite offices in Charlotte, NC and New York, NY.

The American Equity Summer Internship Program offers an immersive real-world experience, closely replicating the career journey of an American Equity professional. Each intern will contribute to meaningful, hands-on projects that drive measurable business outcomes, gaining valuable experience along the way.

Interns will also have the opportunity to present their project work to company leaders, network with executives, and participate in educational programs designed to support their personal and professional growth. Additionally, interns will engage in community service projects and social events, building connections with fellow interns and the broader American Equity team.

The internship will be a 12 week program located at our downtown Des Moines office.

GENERAL PURPOSE OF THE JOB 

American Equity's Summer Internship Program is designed to provide Actuarial students with an immersive, challenging, and meaningful real-world work experience that replicates as closely as possible the career journey of an American Equity actuarial associate. The Actuarial Intern works on a team with responsibility for one of the primary actuarial functions including modeling, pricing, valuation and reporting of deferred annuities including but not limited to fixed indexed annuities.  Each intern is assigned an impactful project to support company initiatives.

**Position is based in Des Moines, IA with an on-site working schedule** 

ESSENTIAL DUTIES AND RESPONSIBILITIES:  

Each intern project may include any of these listed duties and responsibilities:

  • Model development in Milliman's Integrate modeling software for fixed indexed annuities including identifying, addressing and resolving model changes in a controlled framework.
  • Ensuring the accuracy of the calculations and inputs in Integrate model using Excel-based independent calculators.
  • Generating and reviewing reserve calculations across both Statutory and GAAP reporting requirements on fixed indexed annuities.
  • Reporting, validating and analyzing current assets and liabilities, as well as delivering required quarterly reporting items. 
  • Building reports in Integrate for fixed indexed annuities or similar products for additional management analysis.
  • Assisting in product design and developing actuarial models to competitively and profitably price new liabilities.
  • Assisting in rate setting for new or existing annuity products.
  • Supporting the validation of contract values for other departments.
  • Modifying and enhancing independent policy calculators.
  • Researching policyholder data using various tools such as SQL, R, Python, and Tableau.

SUPERVISORY RESPONSIBILITIES:

None.

 

EDUCATION AND/OR EXPERIENCE:  

  • Actively pursuing a bachelor's or master's degree in actuarial science, data science, or related field of study.

CERTIFICATES, LICENSES, PROFESSIONAL DESIGNATIONS:

  • Passing score on at least 1 preliminary actuarial examination is required.

KNOWLEDGE, SKILLS AND ABILITIES:

  • Strong analytical and problem-solving skills, including ability to research and analyze data with little instruction.
  • Strong preference of being self-motivated and results oriented.
  • Exceptional attention to numeric and other details.
  • Effective organization skills.
  • Effective verbal and written communication skills.
  • Ability to work collaboratively and successfully with coworkers, vendors, and other outside third parties.
  • Ability to successfully handle pressure and meet deadlines in a face-paced work environment.
  • Demonstrated commitment to continuous learning and development.

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